Maybe the rate of increase slowed, but the direction of change in energy prices remains the same - higher. Last week, the pump price for regular gasoline rose another penny to $3.10 per gallon following the prior week's two cent rise. [...]
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| Jan 19 2011U.S. Gasoline & Crude Oil Prices Rise Further
by:Tom Moeller
|in:Economy in Brief
Global| Jan 19 2011Winter Weather Wallops U.S. Housing Starts During December
Severe snow storms just after Christmas dealt another setback to new housing activity last month Total housing starts fell 4.3% in December to 529,000 (AR) units from 553,000 during November, initially reported at 555,000. The latest [...]
by:Tom Moeller
|in:Economy in Brief
Global| Jan 18 2011U.S. Home Builders Association Index Is Stable At A Depressed Level
The National Association of Home Builders reported that their index of housing market activity held at 16 for the third consecutive month; the average for all of 2010. The latest figure remained above the all-time low of 8 reached in [...]
by:Tom Moeller
|in:Economy in Brief
Global| Jan 18 2011Empire State Factory Index Improves Further
The Federal Reserve Bank of New York reported that its Empire State Factory Index of General Business Conditions improved to 11.92 following its sharp December recovery to a revised 9.89. The figure roughly equaled Consensus [...]
by:Tom Moeller
|in:Economy in Brief
Global| Jan 17 2011U.S. Business Inventory Accumulation Slows
After several months of strong gain, the rate of business inventory accumulation slowed to 0.2% in November after a 0.8% October increase, initially reported at 0.7%. During the last three months inventories rose at a 9.5% annual rate [...]
by:Tom Moeller
|in:Economy in Brief
Global| Jan 17 2011U.S. Business Inventory Accumulation Slows
After several months of strong gain, the rate of business inventory accumulation slowed to 0.2% in November after a 0.8% October increase, initially reported at 0.7%. During the last three months inventories rose at a 9.5% annual rate [...]
by:Tom Moeller
|in:Economy in Brief
Global| Jan 14 2011Consumer Sentiment Sours A Bit
Holiday glee toned down in the new year. The mid-January reading on consumer sentiment from the University of Michigan slipped to 72.7 following gains during the prior two months. Nevertheless, the figure remained near its highest [...]
by:Tom Moeller
|in:Economy in Brief
Global| Jan 14 2011U.S. Retail Sales Post Uneven Gains At Yearend
The holiday season ended quietly. Retail and food service sales rose 0.6% last month following gains of 0.8% and 1.6% during the prior two months, revised slightly from 0.8% and 1.7%. The rise was slightly short of expectations for a [...]
by:Tom Moeller
|in:Economy in Brief
Global| Jan 13 2011U.S. Initial Jobless Insurance Claims Climb to Highest Since October
Initial claims for unemployment insurance jumped last week to 445,000 from 410,000 (initially reported as 409,000). The latest was higher than expectations for 402,000 according to Bloomberg. It also was the highest figure since the [...]
by:Tom Moeller
|in:Economy in Brief
Global| Jan 13 2011U.S. Trade Deficit Stays Roughly Stable In November
The U.S. foreign trade deficit held roughly stable during November at $38.3B versus $38.4B in October, revised from $38.7B. Consensus forecasts had been for $41.0B. Exports gained 0.8% (14.9% y/y) following their 3.0% October jump [...]
by:Tom Moeller
|in:Economy in Brief
Global| Jan 13 2011U.S. PPI Posts Strongest Gain Since 2008
The U.S. Producer Price Index for finished goods jumped another 1.1% last month after its 0.8% November surge. The rise outpaced Consensus expectations for a 0.8% increase and it pulled the overall gain in prices last year to 4.3%, [...]
by:Tom Moeller
|in:Economy in Brief
Global| Jan 12 2011U.S. Budget Deficit Narrows Slightly In Q1 FY'11
The U.S. Government's budget deficit during the first quarter of FY 2011, beginning last October, totaled $370.8B, according to figures released today by the U.S. Treasury and the Office of Management and Budget. That was slightly [...]
by:Tom Moeller
|in:Economy in Brief
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