The National Association For Business Economics (NABE) today released its latest Industry Survey. It paints a picture of continued recovery in the U.S. economy. First, though the unit demand figure for Q2 slipped versus Q1, the level [...]
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 18 2011NABE Survey of Economic Trends Shows Demand Growing, Prices Rising But Profits Weakening
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 18 2011
U.S. Home Builders Association Index Ticks Higher
The National Association of Home Builders reported that its July index of housing market activity inched up to 15 versus an unrevised 13 in June. Though the latest figure remained above the all-time low of 8 reached in January of [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 15 2011
Empire State Factory Index Is Less Negative
The Federal Reserve Bank of New York reported that its Empire State Factory Index of General Business Conditions improved to -3.76. The figure again indicated negative growth in overall conditions but an easing of the rate decline. [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 15 2011
U.S. Industrial Activity Gain Is Moderate
Following two months of slight decline, U.S. industrial production rose all of 0.2% last month. Earlier months' figures were revised down slightly. The latest figure was weaker than Consensus expectations for a 0.3% gain according to [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 15 2011
U.S. CPI Declines; Core Increase Is Stable M/M But Trend Increases
The inflation picture brightened slightly last month. The overall CPI declined 0.2%, the first decline in twelve months. The drop compared to Consensus expectations for a 0.1% slip. On a three-month basis prices rose at a moderated [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 14 2011
U.S. Business Inventory Accumulation Continues As I/S Ratio Ticks Up
The U.S. Commerce Department reported that business inventories rose 1.0% in May after a revised 1.0% April increase, originally reported as 0.8%. Quicker inventory accumulation raised the inventory-to-sales ratio to 1.28, up from the [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 14 2011
U.S. Claims for Unemployment Decline
Initial claims for jobless insurance fell last week to 405,000 versus a revised 427,000 during the week prior, initially reported as 418,000. The Labor Department indicated that the latest figure reflected 11,500 claims due to the [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 14 2011
U.S. PPI Falls With Lower Energy Costs; Core Prices Strengthen
The U.S. producer price index for finished goods fell 0.4% last month, pulled down by a 2.8% drop in energy. The figure compared to Consensus expectations for a 0.2% decline. The energy price decline reflected an 8.8% drop (NSA, [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 14 2011
U.S. Retail Sales Remain Lethargic
Total retail & food service sales inched up 0.1% last month following a -0.1% slip during May and a 0.2% April rise, earlier reported as -0.2% and 0.3%, respectively. The June decline roughly matched Consensus expectations for no- [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 13 2011
U.S. Gasoline & Oil Prices Move Higher
Good news for consumers on the energy price front was interrupted last week as the pump price for regular gasoline rose six cents to $3.64 per gallon. Since their peak, however, prices still were down 33 cents. Pump prices usually [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 13 2011
U.S. Import Prices Decline
Pricing strength receded further amongst internationally traded goods last month. Overall U.S. import prices fell 0.5% after a little-revised 0.1% May increase. The decline roughly matched Consensus expectations for a 0.7% drop. [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 13 2011
U.S. JOLTS Rate Is Stable But Layoffs Rise
The Bureau of Labor Statistics reported yesterday in its Job Openings & Labor Turnover Survey (JOLTS) that the May job openings rate held steady m/m at 2.2%. The latest reading remained improved versus the recession low of 1.6% but [...]
by:Tom Moeller
|in:Economy in Brief
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