The Leading Economic Indicator index from the Conference Board rose 0.4% last month following a revised 0.4% June decline. A 0.2% gain was expected. Three quarters of the component series had a positive influence on the index last [...]
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| Aug 17 2012U.S. Leading Indicators Improve
by:Tom Moeller
|in:Economy in Brief
- Global| Aug 17 2012
U.S. Consumer Sentiment Stabilizes
The University of Michigan's Index of Consumer Sentiment for mid-August improved to 73.6 from an unrevised 72.3 in July. The latest figure beat expectations for stability at 72.5. Nevertheless, the reading remained well below those [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Aug 16 2012
Philadelphia Fed Business Activity Index Improves
The Philadelphia Federal Reserve Bank reported that its General Business Conditions Index rose to -7.1 this month after gaining to an unrevised -12.9 during July. The improvement roughly matched expectations for -5.0. Haver Analytics [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Aug 16 2012
U.S. Initial Unemployment Insurance Claims Inch Higher
Initial unemployment insurance claims rose to 366,000 during the week ended August 11 from 364,000 during the prior week, revised from 361,000. A slip in claims to 363,000 had been expected. The four-week moving average of claims fell [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Aug 16 2012
U.S. Housing Starts Slip While Permits Reach Cycle's High
New residential building activity fell slightly last month but the future looks brighter. July housing starts fell 1.1% to 746,000 (+21.5% y/y) from 754,000 in June, revised from 760,000. Expectations had been for 753,000 starts in [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Aug 15 2012
U.S. Home Builders Index Continues To Climb
The Composite Housing Market Index from the National Association of Home Builders/Wells Fargo rose this month to 37 from 35 in July. The latest figure was the highest since March 2007. The index of single-family home sales rose three [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Aug 15 2012
U.S. Industrial Production Improves
Industrial production gained 0.6% during July following a 0.1% June uptick, last month reported as 0.4%. A 0.5% increase had been expected. A steady 0.5% rise in factory output led last month's gain in production. July heat caused [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Aug 15 2012
Empire State Factory Index Weakens
The Empire State Factory Index of General Business Conditions for August fell to -5.85, its lowest level since October. Consensus expectations had been for m/m stability at 7.0. Based on these figures, Haver Analytics calculates an [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Aug 15 2012
U.S. Consumer Prices Are Unchanged Again; Core Price Gain Slows Further
Consumer prices were unchanged last month as they were in June. A 0.2% increase was expected. The year-to-year increase fell to 1.4%, down from its peak of 3.9% last September. A 0.1% increase (2.1% y/y) in prices less food & energy [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Aug 14 2012
U.S. Small Business Optimism Slips
The National Federation of Independent Business reported that its Small Business Optimism Index slipped in July to 91.2 after an unrevised skid to 91.4 in June. The latest level remained the lowest since October. The percentage of [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Aug 14 2012
U.S. Gasoline Prices Rise Further Along With Crude Oil
The pump price of regular gasoline added another eight cents last week to its fourteen cent gain during the prior period. At $3.72 per gallon prices recently have risen 36 cents (10.9%) to the highest since the middle of May. Haver [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Aug 14 2012
U.S. PPI Gain Driven By Core Price Increase
The producer price index for finished goods rose 0.3% last month after a 0.1% June uptick. The gain beat expectations for a 0.2% rise. Excluding food & energy, prices gained 0.4% (2.6% y/y), the strongest rise since January. A 0.2% [...]
by:Tom Moeller
|in:Economy in Brief
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