Last week, the pump price for regular gasoline fell six cents to $3.65 per gallon. Since last month's peak, prices have fallen 31 cents but remain up one-third versus last year. Pump prices usually start rising this time of year with [...]
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| Jun 21 2011U.S. Gasoline Prices Prices Drift Lower W/W But Remain Up One-Third Y/Y
by:Tom Moeller
|in:Economy in Brief
- Global| Jun 17 2011
U.S. Leading Economic Indicators Rise is Strong
The Conference Board reported that its Leading Economic Indicators index rose 0.8% last month following a 0.4% April decline, initially reported as -0.3%. Consensus expectations were for a 0.2% rise in May. Despite the latest [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jun 17 2011
U.S. Current Account Deficit Deteriorates As Imports Rise
Reported yesterday, the U.S. current account deficit rose in Q1 to $119.3B from a revised $112.2B in Q1 as the gain in imports beat exports. Consensus expectations were for $128.0B. The ratio to GDP was 3.2%, the same as for all of [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jun 16 2011
Philadelphia Fed Business Activity Index Turns Negative
Like yesterday's Empire State Index, the Philadelphia Federal Reserve Bank's index of regional factory sector activity turned negative for June. It dropped to -7.7 from an unrevised 3.9 in May. It was the first negative reading since [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jun 16 2011
U.S. Initial Unemployment Claims Fall Slightly
They fell, but not by much. Initial claims for jobless insurance declined 3.7% during the June 11th week to 414,000 from 430,000 during the week prior, initially reported as 427,000. The latest decline was to the same level as four [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jun 16 2011
U.S. Housing Starts Improve Slightly
New activity in the housing sector continued to languish last month. Housing starts rose just 3.5% during May to 560,000 (AR) following an 8.8% April decline, initially reported as -10.6% . The latest figure remained near the lowest [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jun 15 2011
Empire State Factory Index Turns Negative
The Federal Reserve Bank of New York reported that its Empire State Factory Index of General Business Conditions fell to -7.79. The figure was the first negative reading since November of last year. The number ran counter to Consensus [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jun 15 2011
U.S. Home Builders Association Index Falls Sharply
The National Association of Home Builders reported that its June index of housing market activity fell to 13 versus an unrevised 16 in May. Though the latest figure remained above the all-time low of 8 reached in January of 2009, it [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jun 15 2011
U.S. Industrial Activity Disappoints; Factory Sector Activity Improves
U.S. industrial production ticked up 0.1% last month after an unrevised no-change during April. The latest figure was weaker than Consensus expectations for a 0.2% gain according to Action Economics. However, weather played a big [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jun 15 2011
U.S. CPI Increase Moderates in May; Core Picks Up
The good news about today's reported 0.2% increase in the May CPI was that it was the smallest monthly gain since November. The discouraging part of the report was that less food & energy, the 0.3% increase was the firmest since 2008. [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jun 14 2011
U.S. Business Inventory Accumulation Continues But I/S Ratio At Record Low
The U.S. Commerce Department reported that business inventories rose 0.8% in April after a revised 1.3% March increase, originally reported as 1.0%. Quick inventory accumulation nevertheless left the inventory-to-sales ratio of 1.26 [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jun 14 2011
U.S. PPI Rise Is Moderate
The U.S. producer price index for finished goods increased just 0.2% last month, the weakest rise since July. The gain roughly matched Consensus expectations for a 0.1% uptick. Offsetting each other were a 1.5% rise in energy prices [...]
by:Tom Moeller
|in:Economy in Brief
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