Industrial output gained 0.4% during June following a revised 0.2% May decline, last month reported as -0.1%. A 0.3% increase had been expected. A rebound in factory output led last month's improvement with a 0.7% rise which reversed [...]
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| Jul 17 2012
U.S. Industrial Production Recovers
by:Tom Moeller
|in:Economy in Brief
Global| Jul 17 2012
U.S. Gasoline Prices Tick Higher
Drivers are dealing with something normal for this time of year - higher fuel costs.The pump price of regular gasoline rose another two cents last week to $3.43 per gallon. Nevertheless, the price is barely higher than the recent low [...]
by:Tom Moeller
|in:Economy in Brief
Global| Jul 17 2012
U.S. CPI Is Unchanged While Core Increase Is Stable
Consumer prices were unchanged last month, as expected. The figure left the y/y increase at 1.7%, down from its peak of 3.9% last September. Prices less food and energy increased a steady and expected 0.2% for the fourth straight [...]
by:Tom Moeller
|in:Economy in Brief
Global| Jul 16 2012
U.S. Business Inventory Growth Is Stable
The U.S. Commerce Department reported that during May, business inventories rose 0.3% for the third consecutive month. The modest gain lowered the y/y rise to 5.2%, its least since May of 2010. Business sales slipped 0.1% for the [...]
by:Tom Moeller
|in:Economy in Brief
Global| Jul 16 2012
Empire State Factory Index Improves But Pricing Collapses
The Empire State Factory Index of General Business Conditions for July rose to 7.39 and recovered a piece of its June decline. Consensus expectations had been for rough stability at 3.5. Based on these figures, Haver Analytics [...]
by:Tom Moeller
|in:Economy in Brief
Global| Jul 16 2012
U.S. Retail Sales Unexpectedly Weaken Further
For the first time since 2008, retail sales fell for a third consecutive month. During June, retail sales declined 0.5% after an unrevised 0.2% May slip. April's decline was revised to -0.5% from -0.2%. A 0.1% uptick in June sales was [...]
by:Tom Moeller
|in:Economy in Brief
Global| Jul 13 2012
U.S. Consumer Sentiment Is Disappointing
The University of Michigan's Index of Consumer Sentiment for mid-July fell to 72.0 compared to 73.2 in June. The latest figure was the lowest since December and compared unfavorably to expectations for 73.5. A lower consumer [...]
by:Tom Moeller
|in:Economy in Brief
Global| Jul 13 2012
U.S. PPI Unexpectedly Gains; Core Is Stable
The producer price index for finished goods ticked 0.1% higher last month following a 1.0% May decline. Consensus expectations were for a 0.4% decline. Despite the gain, the PPI rose just 0.8% during the last year, the weakest since [...]
by:Tom Moeller
|in:Economy in Brief
Global| Jul 12 2012
U.S. Import Price Decline Intensifies
The decline in import prices picked up speed last month.U.S. import prices fell 2.7% during June after a 1.2% May decline. A 1.5% decline had been expected. Prices fell across-the-board. Petroleum prices were off 10.5% last month [...]
by:Tom Moeller
|in:Economy in Brief
Global| Jul 12 2012
U.S. Initial Claims for Unemployment Insurance Fall To Recovery Low
The labor market advanced into new territory last week. Initial claims for unemployment insurance dropped to 350,000 in the week ended July 7 from 376,000 during the prior week, revised from 374,000. That put the latest level at its [...]
by:Tom Moeller
|in:Economy in Brief
Global| Jul 11 2012
FIBER: Industrial Commodity Prices Remain Weak
Talk of global recession continues to pressure commodity prices downward. At 160.8, the latest price index from the Foundation for International Business and Economic Research (FIBER) was down 6.3% from its recent high and off 7.5% [...]
by:Tom Moeller
|in:Economy in Brief
Global| Jul 11 2012
U.S. Trade Deficit Narrows As Oil Imports Drop
The U.S. foreign trade deficit during May narrowed sharply to $48.7B from a little-revised $50.6B in April. Expectations were for a deficit of $49.0B. Exports ticked up 0.2% (4.2% y/y) while imports fell 0.7% (-9.8% y/y) with lower [...]
by:Tom Moeller
|in:Economy in Brief
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