The Chicago Fed's National Activity Index (CFNAI) rose during October to -0.13 from -0.20 in September, which was little-revised. The three-month moving average fell to -0.27, its lowest level since June. The figures have been [...]
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| Nov 21 2011U.S. Chicago Fed Index Edges Higher
by:Tom Moeller
|in:Economy in Brief
- Global| Nov 21 2011
U.S. Existing Home Sales Tick Higher As Affordability Jumps
The National Association of Realtors reported that October sales of existing homes rose 1.4% last month to 4.970M (AR, +13.5% y/y) following a 3.2% September decline, last month reported as -3.0%. The y/y comparison remained sharply [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Nov 21 2011
NABE Forecast For Moderate U.S. Growth Is Little-Revised
The National Association for Business Economics reported little change to its U.S. economic growth forecast. This follows sharp downward revision in its September numbers. For this year, real GDP growth should average 1.8%, versus [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Nov 18 2011
U.S. Leading Indicators Are Strong
The Conference Board reported that its Leading Economic Indicators index rose 0.9% during October following a 0.1% September rise, revised down from 0.2% reported last month. The gain beat the Consensus forecast for a 0.6% increase. [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Nov 18 2011
U.S. Leading Indicators Are Strong
The Conference Board reported that its Leading Economic Indicators index rose 0.9% during October following a 0.1% September rise, revised down from 0.2% reported last month. The gain beat the Consensus forecast for a 0.6% increase. [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Nov 17 2011
Philadelphia Fed Business Activity Index Remains Positive
For the second consecutive month, the Philadelphia Federal Reserve Bank's index of the regional factory sector remained in positive territory. The November General Activity index slipped to 3.6 from an unrevised 8.7 in October. Both [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Nov 17 2011
U.S. Initial Claims For Jobless Insurance Fall To New Low
Initial claims for jobless insurance fell last week to 388,000 from 393,000 (revised from 390,000) during the week prior. The latest figure was the lowest since the first week of April and compared to 395,000 expected in the Action [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Nov 17 2011
U.S. Housing Starts Firm
In a somewhat confusing housing starts report, the latest indication is that activity continues to improve. The level of starts overall slipped to 628,000 (AR) during October from 630,000 in September, revised down from 658,000 [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Nov 16 2011
U.S. Home Builders' Index Jumps
Housing activity firmed further in November according to the National Association of Home Builders/Wells Fargo report on housing market activity. The Composite Housing Market Index jumped three points to 20, its highest level since [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Nov 16 2011
U.S. Industrial Production Improves
Industrial production rose 0.7% during October following a 0.1% September dip, originally reported as +0.2%. The latest increase exceeded Consensus expectations for a 0.4% rise, according to Action Economics. Factory sector output [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Nov 16 2011
U.S. CPI Declines With Energy; Core Is Stable & Low
The ability to raise prices in this modest economic growth environment is virtually nonexistent. The October Consumer Price Index slipped 0.1% following three months of elevated increase. The decline compared with expectations for no [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Nov 15 2011
U.S. Gasoline Price Recovers While Crude Oil Jumps
The pump price for regular gasoline rose two cents last week to $3.44 per gallon. Prices remained down versus May when they averaged $3.91. Retail prices usually start to ease this time of year with reduced seasonal demand. To account [...]
by:Tom Moeller
|in:Economy in Brief
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