The pump price for regular gasoline rose one penny to $3.58 per gallon last week, still nearly the lowest level since mid-March. Since last month's peak, prices have fallen 38 cents but remain up nearly one-third versus last year. [...]
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 06 2011
U.S. Gas & Oil Prices Hold Roughly Stable W/W
by:Tom Moeller
|in:Economy in Brief
Global| Jul 06 2011
U.S. ISM Nonmanufacturing Index Slips
The June Composite Index for the service and construction sectors from the Institute for Supply Management (ISM) fell to 53.3 from an unrevised 54.6 in May. The figure was just shy of Consensus expectations for 54.0. Since the series' [...]
by:Tom Moeller
|in:Economy in Brief
Global| Jul 05 2011
Commodity Prices Find Some Support
Commodity prices recently have given mixed signals about inflationary pressures and the economy. Gold prices have backed off their recent high and as of yesterday traded at $1,483 per ounce versus the mid-June level of $1,553. Showing [...]
by:Tom Moeller
|in:Economy in Brief
Global| Jul 05 2011
U.S. Factory Orders, Inventories & Backlogs Rise
Manufacturing orders recovered 0.8% during May after a 0.9% April drop. Consensus expectations were for a 0.9% rise. For durable goods only, orders rose 2.1% which was revised up slightly from 1.9% reported initially. Nondurable goods [...]
by:Tom Moeller
|in:Economy in Brief
Global| Jul 01 2011
U.S. Construction Spending Falls Further
The value of construction spending fell 0.6% during May and duplicated its downwardly revised 0.6% April drop. Though the rate of decline has slowed, activity's downtrend is in its fifth year. Figures back through 2009 were moderately [...]
by:Tom Moeller
|in:Economy in Brief
Global| Jul 01 2011
U.S. ISM Factory Index Recovery Is Modest
The pace of activity in the U.S. manufacturing sector didn't deteriorate last month, but it didn't improve much either. That's the message from this morning's report on the Composite Index of activity in the factory sector. The [...]
by:Tom Moeller
|in:Economy in Brief
Global| Jun 30 2011
U.S. Claims for Jobless Insurance Are Little-Changed
Initial claims for jobless insurance held roughly steady at 428,000 during the June 25th week versus an unrevised 429,000 during the week prior. The latest compared to Consensus expectations for 422,000 claims. The four-week moving [...]
by:Tom Moeller
|in:Economy in Brief
Global| Jun 29 2011
U.S. Pending Home Sales Recover Somewhat
The National Association of Realtors (NAR) reported that pending sales of existing single-family homes rose 8.2% last month after a little-revised 11.3% April decline. Despite the monthly improvement sales this quarter remained down [...]
by:Tom Moeller
|in:Economy in Brief
Global| Jun 29 2011
U.S. Mortgage Applications Rise In June As Interest Rates Fall
Overall mortgage applications fell 2.7% last week following the prior week's 5.9% shortfall. Nevertheless, strength earlier in June raised the monthly average 4.6% from May. Applications to refinance a mortgage led that increase. [...]
by:Tom Moeller
|in:Economy in Brief
Global| Jun 28 2011
U.S. Chain Store Sales Surge
Chain store sales jumped 2.9% last week following modest declines during the prior two weeks. The increase left sales so far in June down 0.5% versus May, but that was half the m/m drop as of the prior week. During the last ten years [...]
by:Tom Moeller
|in:Economy in Brief
Global| Jun 28 2011
U.S. Consumer Confidence, Future and Present, Continues Downward
The Conference Board reported that its June Index of Consumer Confidence fell 5.2% to 58.6. That followed a 6.5% May decline which was slightly-less-than reported initially. The latest figure contrasted with Consensus expectations for [...]
by:Tom Moeller
|in:Economy in Brief
Global| Jun 28 2011
U.S. Case-Shiller Home Price Index Steadies
The seasonally adjusted Case-Shiller 20-City Home Price Index slipped 0.1% m/m in April after a deepened 0.3% decline in March. It was the tenth consecutive monthly decline in the seasonally adjusted series. That left the latest index [...]
by:Tom Moeller
|in:Economy in Brief
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