The Philadelphia Federal Reserve Bank's General Business Conditions Index rose in December and remained in positive territory. The Index of General Business Conditions rose to 10.3 from an unrevised 3.6 in November. The figures have [...]
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| Dec 16 2011Philadelphia Fed Business Activity Index Improves
by:Tom Moeller
|in:Economy in Brief
- Global| Dec 16 2011
U.S. CPI Slips As Energy Prices Decline; Core Picks Up
There's still little pricing power in the U.S. economy. The November Consumer Price Index slipped marginally following a slight October decline. The decline compared with expectations for a 0.1% uptick. Consumer prices less food & [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Dec 15 2011
U.S. Industrial Production Slips
Industrial production fell 0.2% during November following an unrevised 0.7% October gain. The latest decline matched Consensus expectations, according to Action Economics. Factory sector output fell 0.4% and reversed the October [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Dec 15 2011
U.S. Producer Prices Rebound With Food Costs
The November producer price index for finished goods rebounded 0.3% following an unrevised 0.3% October decline. The figure compared to Consensus expectations for a 0.2% increase, according to the Action Economics survey. The increase [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Dec 15 2011
U.S. Initial Unemployment Insurance Claims Fall Sharply
In another sign of labor market healing, initial claims for unemployment insurance dropped sharply last week to 366,000 from 385,000 (revised from 382,000) during the week prior. The latest reading was the lowest since May 2008. [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Dec 14 2011
U.S. Mortgage Applications Rise Further
The index of total mortgage applications increased 4.1% last week to 677.0 (March 16, 1990 = 100). The gain added to the prior week's 12.8% rise. Applications to refinance jumped 9.3% (22.8% y/y) to the highest level since early [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Dec 14 2011
U.S. Import Prices Rise As Oil Rebounds
U.S. import prices rose 0.7% last month and made up a revised 0.5% October decline, initially reported as -0.6%. Consensus expectations had been for a 0.8% rise last month. Year-to-year, higher oil prices and the lower value of the [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Dec 14 2011
U.S. Business Inventory Growth Picks Up
The U.S. Commerce Department reported yesterday that business inventories rose 0.8% during October following no change in September. A 0.5% increase had been expected. Business sales increased a stable 0.7%. As a result, the [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Dec 13 2011
U.S. JOLTS Rate Slips From Latest High
The improving job market trend remains in place but it stuttered m/m in October. The Bureau of Labor Statistics reported in its Job Openings & Labor Turnover Survey (JOLTS) that the October job openings rate slipped m/m to 2.4% from [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Dec 13 2011
U.S. Gasoline Price Slips Again As Crude Oil Breaks $100
The pump price for regular gasoline fell another two cents last week to $3.27 per gallon. Prices remained the lowest since February when they averaged $3.21. Retail prices usually start to ease this time of year with reduced seasonal [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Dec 13 2011
U.S. Small Business Optimism Reaches Nine-Month High
Small businesses are feeling better about the economy. The National Federation of Independent Business indicated that its November index of small business optimism rose to 92.0 from an unrevised 90.2 in October. The job openings [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Dec 13 2011
U.S. Retail Spending Increase Is Disappointing
November retail & food service sales increased 0.2% following a little-revised 0.6% October gain. The latest, modest increase disappointed Consensus expectations for a 0.6% rise, according to the Action Economics survey. Nevertheless, [...]
by:Tom Moeller
|in:Economy in Brief
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