Consumer prices posted a second consecutive 0.6% rise during September. The gain was roughly in line with expectations for a 0.5% rise. Despite this strength, prices excluding food & energy continued rising just 0.1% (2.0% y/y) for [...]
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| Oct 16 2012U.S. Consumer Prices Post Another Strong Increase
by:Tom Moeller
|in:Economy in Brief
- Global| Oct 15 2012
Empire State Factory Index Indicates Lower Activity
The Empire State Factory Index of General Business Conditions for October continued to suggest lower levels of activity. At -6.16 the figure was improved slightly from September but remained near the lowest level of the economic [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Oct 15 2012
U.S. Business Inventory Growth Is Steady
During August, business inventories rose 0.6% following a 0.8% July rise. Though the y/y trend gain fell, these latest gains were elevated versus the Q2 average of 0.2%. Behind the quicker increase was a 0.9% rise in merchant [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Oct 15 2012
U.S. Budget Deficit Shrinks For FY'12
The Federal Government Budget Deficit fell to $1,089B for all of FY'12 from $1,298B in FY'11, according to figures released Friday by the U.S. Treasury. In a sign of economic improvement, part of that shrinkage owed to a $75.0B [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Oct 15 2012
U.S. Retail Sales Growth Is Firm & Broad-based
The consumer remained in a spending mood last month. Retail sales jumped 1.1% following an upwardly revised 1.2% August rise, last month reported as 0.9%. July's 0.7% increase was upwardly revised as well. A 0.8% gain in September [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Oct 15 2012
U.S. Budget Deficit Shrinks For FY'12
The Federal Government Budget Deficit fell to $1,089B for all of FY'12 from $1,298B in FY'11, according to figures released Friday by the U.S. Treasury. In a sign of economic improvement, part of that shrinkage owed to a $75.0B [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Oct 12 2012
Consumer Sentiment Jumps To Highest Level Since 2007
The University of Michigan's Index of Consumer Sentiment for mid-October jumped to 83.1 from an unrevised 78.3 in September. The latest number was the highest since September 2007 and easily surpassed expectations for 77.7. During the [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Oct 12 2012
U.S. PPI Gain Reflects Energy Price Strength
The producer price index for finished goods jumped again last month. The 1.1% increase (2.2% y/y) followed a 1.7% August rise and beat expectations for a 0.7% gain. Conversely, the unchanged level (2.3% y/y) of prices excluding food & [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Oct 11 2012
U.S. Initial Jobless Insurance Claims Plummet
Initial claims for jobless insurance fell sharply to 339,000 during the week ended October 6 versus a revised 369,000 during the prior week, initially reported as 367,000. Consensus expectations were for 368,000. The four-week moving [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Oct 11 2012
U.S. Import Prices Remain Strong With Petroleum
U.S. import prices jumped another 1.1% last month following an upwardly revised 1.1% August increase. Again, the gain was driven by petroleum prices which posted a 4.6% surge (-0.1% y/y). The latest overall increase outpaced the 0.7% [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Oct 11 2012
U.S. Trade Deficit Increases; Exports Weaken & Oil Prices Rise
The U.S. August foreign trade deficit rose to an expected $44.2B from $42.5B in July. Exports fell 1.0% (+1.6% y/y) while imports slipped 0.1% (+1.0% y/y). In chained 2005 dollars, the deficit in goods deteriorated to $48.4B in [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Oct 11 2012
U.S. Initial Jobless Insurance Claims Plummet
Initial claims for jobless insurance fell sharply to 339,000 during the week ended October 6 versus a revised 369,000 during the prior week, initially reported as 367,000. Consensus expectations were for 368,000. The four-week moving [...]
by:Tom Moeller
|in:Economy in Brief
- of1070Go to 538 page