There was a pickup in inflation last year, but the very latest figures show the pressure easing. The December Consumer Price Index was unchanged following a marginal November decline. The latest compared to expectations for a 0.1% [...]
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 19 2012U.S. CPI Is Again Unchanged M/M But Accelerates Y/Y
by:Tom Moeller
|in:Economy in Brief
- Global| Jan 18 2012
U.S. Gasoline Price Ticks Up But Crude Oil Slips
The pump price for regular gasoline rose one penny last week to $3.39 per gallon, adding to the prior week's eight cent gain. Retail prices usually decline this time of year with reduced seasonal demand. To account for this pattern, [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jan 18 2012
U.S. Home Builders' Index Jumps To Highest Since 2007
The housing sector is convincingly on the mend according to the latest National Association of Home Builders/Wells Fargo report on housing market activity. The Composite Housing Market Index for January rose another four points to 25, [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jan 18 2012
U.S. Industrial Production Rebounds M/M But Trend Gain Slows
Industrial production recovered 0.4% (2.9% y/y) during December following an unrevised 0.2% November slip. The latest gain roughly matched Consensus expectations, according to Action Economics. Factory sector output rose a stronger [...]
by:Tom Moeller
|in:Economy in Brief
Overall inflation may be tame but trouble was brewing last year. The December producer price index for finished goods slipped 0.1% during December following an unrevised 0.3% November gain. The figure compared to Consensus [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jan 13 2012
U.S. Trade Deficit Is Deepest in Five Months
The U.S. foreign trade deficit deepened during November for the first time in five months. The shortfall rose to $47.8B from a revised $43.3B in October, initially reported as $43.5B. Expectations had been for $44.7B according to [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jan 13 2012
U.S. Import Prices Slip With Lower Oil Prices
U.S. import prices matched expectations and slipped 0.1% last month. That followed a revised 0.8% November gain, initially reported as 0.7%. Year-to-year, higher oil prices and the lower value of the dollar raised prices for imported [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jan 13 2012
U.S. Consumer Sentiment Continues To Improve
The University of Michigan's Index of Consumer Sentiment for mid-January rose to 74.0 from 69.9 in December. The latest figure was the highest since last February and better than Consensus expectations for 71.0. Consumers' [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jan 13 2012
U.S. Import Prices Slip With Lower Oil Prices
U.S. import prices matched expectations and slipped 0.1% last month. That followed a revised 0.8% November gain, initially reported as 0.7%. Year-to-year, higher oil prices and the lower value of the dollar raised prices for imported [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jan 13 2012
U.S. Trade Deficit Is Deepest in Five Months
The U.S. foreign trade deficit deepened during November for the first time in five months. The shortfall rose to $47.8B from a revised $43.3B in October, initially reported as $43.5B. Expectations had been for $44.7B according to [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jan 12 2012
U.S. Business Inventory Growth Eases
The U.S. Commerce Department reported that business inventories rose 0.3% during November following a 0.8% rise in October. Business sales also rose 0.3%. As a result, the inventory/sales ratio held at 1.27 for the fourth straight [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jan 12 2012
U.S. Initial Claims For Jobless Insurance Are Highest Since November
Earlier workforce improvement seems to have stuttered. Initial claims for unemployment insurance increased to 399,000 last week from 375,000 the week earlier (revised from 372,000). The latest reading was the highest reading since the [...]
by:Tom Moeller
|in:Economy in Brief
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