Activity in the housing sector has stabilized at a low level. That's the continuing message from the Commerce Department's housing starts data. Starts rose 3.9% last month to 555,000 (AR) units from 534,000 during October, initially [...]
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| Dec 16 2010U.S. Housing Starts Tick Up But Trend Still Flat
by:Tom Moeller
|in:Economy in Brief
- Global| Dec 15 2010
Empire State Factory Index Recovers Despite Negative Employment
The Federal Reserve Bank of New York reported that its December Empire State Factory Index of General Business Conditions recovered to 10.57 after its November decline to -11.14. The figure surpassed Consensus expectations for 5.0, [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Dec 15 2010
U.S. Home Builders Association Indicates Housing Sector Stability
The National Association of Home Builders reported that their index of housing market activity held at 16 this month from an unrevised 16 in November. The level of 16, in fact, has been the average for the past year. The latest figure [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Dec 15 2010
U.S. Industrial Production Firms While Factory Sector Growth Is Stable
U.S. industrial output growth recently has been hostage to variable weather influences. Growth in the factory alone, however, has been stable. For November, industrial production overall rose 0.4% and made up a 0.2% October decline, [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Dec 15 2010
U.S. CPI Inches Higher
Heightened competition continued to restrain pricing power last month. That again was clear in the November report on the Consumer Price Index which ticked up only 0.1% after a 0.2% rise during October. The gain was lower than [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Dec 15 2010
U.S. Gasoline Prices Reach New Highs With Crude Oil
Signs of building momentum behind the U.S. economic recovery has given further support to petroleum prices. The pump price for regular gasoline rose two cents last week to $2.98 per gallon. Prices have risen roughly fifty cents per [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Dec 14 2010
U.S. Business Inventory Accumulation Remains Strong
Businesses want more inventories lining the shelves. A 0.7% increase in inventories during October eased after an upwardly revised 1.3% September gain. However, the 6.9% y/y increase was nearly the strongest since late-2006. Inventory [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Dec 14 2010
U.S. PPI Strengthens As Energy & Food Costs Jump
The U.S. Producer Price Index for finished goods surged 0.8% last month, double the 0.4% gains during the prior three. The rise outpaced Consensus expectations for a 0.6% increase. Higher energy prices were behind much of the strength [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Dec 14 2010
U.S. Retail Sales Firm Entering Holiday Season
Holiday cheer was very evident in the latest retail spending report from the Commerce Department. Sales rose 0.8% during November (7.7% y/y) following gains of 1.7% and 0.9% during the prior two months, respectively, revised from 1.2% [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Dec 13 2010
U.S. Money Growth Perks Up With Inflation Worries
Growth in the monetary aggregates has roughly doubled during the last several months versus growth earlier in the year. The figures in the table below indicate that growth in the narrow aggregates has picked up the most as the cost of [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Dec 10 2010
Consumer Sentiment Unexpectedly Firm, Again
The happier mood adopted by the consumer this past summer brightened further this holiday season. During early-December the University of Michigan Index of Consumer Sentiment rose to 74.4 from 71.6 last month. It was the highest level [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Dec 10 2010
U.S. Import Prices Firm Across-the-Board
Firmness in oil prices continues to dominate this measure of overall U.S. import prices. During November, import prices jumped another 1.3% after an upwardly revised 1.0% October increase, initially reported as 0.9%. The increase [...]
by:Tom Moeller
|in:Economy in Brief
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