Initial unemployment insurance claims fell to 283,000 during the week ended February 14 from an unrevised 304,000 during the prior week. The four-week moving average of initial claims declined to 283,250, the lowest level since late- [...]
Introducing
Tom Moeller
in:Our Authors
Prior to joining Haver Analytics in 2000, Mr. Moeller worked as the Economist at Chancellor Capital Management from 1985 to 1999. There, he developed comprehensive economic forecasts and interpreted economic data for equity and fixed income portfolio managers. Also at Chancellor, Mr. Moeller worked as an equity analyst and was responsible for researching and rating companies in the economically sensitive automobile and housing industries for investment in Chancellor’s equity portfolio. Prior to joining Chancellor, Mr. Moeller was an Economist at Citibank from 1979 to 1984. He also analyzed pricing behavior in the metals industry for the Council on Wage and Price Stability in Washington, D.C. In 1999, Mr. Moeller received the award for most accurate forecast from the Forecasters' Club of New York. From 1990 to 1992 he was President of the New York Association for Business Economists. Mr. Moeller earned an M.B.A. in Finance from Fordham University, where he graduated in 1987. He holds a Bachelor of Arts in Economics from George Washington University.
Publications by Tom Moeller
Global| Feb 19 2015U.S. Initial Claims for Jobless Insurance Decline
by:Tom Moeller
|in:Economy in Brief
- Global| Feb 18 2015
U.S. Gasoline and Crude Oil Prices Post Further Gains
Average gasoline prices improved another 8 cents last week to $2.27 per gallon (-32.7% y/y) following the prior week's 12 cent lift. Despite the gains, prices remained well below the $3.70 per gallon peak reached this past June. Haver [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Feb 18 2015
U.S. Industrial Production Recovers Modestly
Industrial production increased 0.2% during January (4.8% y/y) following a 0.3% December decline, earlier reported as -0.1%. The latest gain was helped by a 2.2% rise (-6.6%) in utility output. Manufacturing sector production improved [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Feb 18 2015
U.S. Producer Price Index Decline Reflects Broad-Based Weakness
The overall Final Demand Producer Price Index fell 0.8% during January (0.0% y/y) following a 0.2% December decline, revised from -0.3%. A 0.5% drop was expected in the Action Economics Forecast Survey. Prices excluding food & energy [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Feb 18 2015
U.S. Housing Starts Decline As Single-Family Starts Ease
Housing starts during January edged 2.0% lower to 1.065 million from 1.087 million in December, revised from 1.089 million. Still, starts remained near the highest level in roughly seven years. Earlier figures were revised slightly [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Feb 17 2015
U.S. Home Builders Index Moves Lower
The Composite Housing Market Index from the National Association of Home Builders-Wells Fargo declined to 55 in February (+19.6% y/y) from an unrevised 57 in January. It was the lowest figure since October. During the last ten years, [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Feb 17 2015
Empire State Factory Sector Index Slips; Expectations Series Dives
The Empire State Factory Index of General Business Conditions fell to 7.78 during February, after rising to 9.95 in January. The figures remained well below the 27.41 peak reached last September. The figures are from the Federal [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Feb 13 2015
U.S. Home Affordability Deteriorates in 2014
The National Association of Realtors reported that during all of last year its Housing Affordability Composite Index declined to 166.2, the lowest level since 2008. For December, the index improved somewhat to 167.8 but remained down [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Feb 13 2015
U.S. Import and Export Price Declines Continue
Downward pressure on prices of internationally traded goods is ongoing. Import prices declined 2.8% during January (-8.0% y/y) following a revised 1.9% December fall, earlier reported as -2.5%. It was the largest of seven straight [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Feb 12 2015
U.S. Business Inventory Growth Decelerates but I/S Ratio Increases
Total business inventories nudged just 0.1% higher in December (3.9% y/y) versus an unrevised 0.2% November rise. During the last three months, inventory growth slowed to 1.8% (AR) from its high of 7.6% late in 2013. Total business [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Feb 12 2015
U.S. Initial Unemployment Insurance Claims Rebound to Three-Week High
Initial claims for unemployment insurance increased to 304,000 during the week ended February 7 following a rise to 279,000 during the prior week, revised from 278,000. The four-week moving average of initial claims declined to [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Feb 12 2015
U.S. Retail Sales Are Disappointing
Overall retail sales including food services & drinking places declined 0.8% last month following an unrevised 0.9% fall in December. A 0.5% shortfall had been expected in the Action Economics Forecast Survey. Sales excluding autos [...]
by:Tom Moeller
|in:Economy in Brief
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