The Chicago Federal Reserve reported that its National Activity Index (CFNAI) reversed most of its earlier increase and fell to 0.16 last month from 0.69 during November. As a result of the monthly decline, the three-month moving [...]
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| Jan 23 2014U.S. Chicago Fed National Activity Index Pulls Back
by:Tom Moeller
|in:Economy in Brief
- Global| Jan 23 2014
U.S. Initial Claims for Jobless Insurance Are Little-Changed
Initial claims for unemployment insurance of 326,000 during the week ended January 18 held near the prior week's level of 325,000, revised from 326,000. It was the lowest level since late-November. Expectations had been for an uptick [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jan 22 2014
Where Have All The Workers Gone? by Tom Moeller
Labor Force Participation Rates (%) Dec 2013 2008 2003 1998 1993 1988 Total 62.8 63.3 66.0 66.2 67.1 66.3 65.9 16-24 Years 54.8 55.0 58.8 61.6 65.9 66.1 68.4 25-34 Years 81.0 81.2 83.4 82.9 84.6 83.3 83.3 35-44 Years 82.1 82.2 84.1 [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jan 22 2014
Where Have All The Workers Gone?
"It's tough to get good help these days" has long been potential employers' lament. The problem lately has been attributed to many factors; the early retirement of baby boomers, young potential workers staying in school, increased [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jan 22 2014
U.S. Gasoline Prices Slip Again But Crude Oil Costs Inch Higher
The price for a gallon of regular gasoline prices fell to $3.30 (-0.6% y/y) last week and remained down versus the $3.78 per gallon peak reached in February of last year. Haver Analytics constructs seasonal factors to account for [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jan 22 2014
U.S. Mortgage Loan Applications Improve To Highest Level In Eight Weeks
Activity in the mortgage market firmed appreciably last week. The Mortgage Bankers Association reported that their total mortgage market index rose another 4.7% last week (-54.8% y/y) following the prior week's 11.9% gain. The gain [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jan 17 2014
U.S. Consumer Sentiment Slips
The index of consumer sentiment from the Reuters/University of Michigan survey slipped to 80.4 in the mid-month January survey from 82.5 during December. That fell short of expectations for an uptick to 83.5. During the last ten years [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jan 17 2014
U.S. JOLTS: Job Openings Rate Is Unchanged But Hires Improve
The Bureau of Labor Statistics reported in its Job Openings & Labor Turnover Survey (JOLTS) that the November job openings rate held m/m at 2.8%. That nevertheless was up from 2.7% twelve months earlier The job openings rate is the [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jan 17 2014
U.S. Industrial Production Growth Moderates
Industrial production turned in a 2.6% increase in 2013, the slowest gain of the economic recovery. During December the expansion continued as output gained 0.3% (3.7% y/y) following a little-revised November increase of 1.1%. Growth [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jan 17 2014
U.S. Housing Starts In 2013 Are Highest Since 2007
It was a good year for new home builders in 2013. Housing starts of 928,000 were up 18.4% versus 2012 following that year's 28.0% rise. It was the highest level of starts since 2007. During December, however, starts backpedaled 9.8% [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jan 16 2014
U.S. Home Builders Index Dips But Traffic Falls Sharply
The Composite Housing Market Index from the National Association of Home Builders-Wells Fargo slipped a point to 56 this month but the figure remained near the expansion high. The December figure was revised to 57 from 58 and the [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jan 16 2014
ISM-Adjusted Philly Fed Business Conditions Index Declines
The Philadelphia Federal Reserve Bank reported that its General Business Conditions Index for January rose slightly to 9.4 from 6.4 in December. Nevertheless, it remained down sharply from the September high. The latest figure roughly [...]
by:Tom Moeller
|in:Economy in Brief
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