According to the Philadelphia Federal Reserve Bank, the economic recovery continued this month but its rate of expansion slowed. The Bank's June index of regional factory sector activity slipped to 8.0 from 21.4 during May. The latest [...]
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 18 2010Philadelphia Fed Index: Rate of Business Expansion Slows
by:Tom Moeller
|in:Economy in Brief
- Global| Jun 18 2010
Philadelphia Fed Index: Rate of Business Expansion Slows
According to the Philadelphia Federal Reserve Bank, the economic recovery continued this month but its rate of expansion slowed. The Bank's June index of regional factory sector activity slipped to 8.0 from 21.4 during May. The latest [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jun 17 2010
U.S. Initial Jobless Insurance Claims Rise Disappoints
Following three weeks of ease, the rise in initial unemployment insurance claims last week disappointed Consensus expectations for another decline. The Bureau of Labor Statistics reported that initial claims for jobless insurance rose [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jun 17 2010
U.S. Leading Economic Indicators Resume Upturn
The Conference Board reported that their May Index of Leading Economic Indicators rose 0.4% following an upwardly revised no-change during April. The three-month rate of increase held steady at 7.2% (AR), still its weakest in roughly [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jun 17 2010
U.S. CPI Falls Again While Core Prices Remain Weak
Retail pricing power remained weak month despite some improvement in consumer purchases. The May Consumer Price Index fell 0.2% (+2.0% y/y) for the second consecutive monthly decline. Emphasizing the loss of pricing power, the May CPI [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jun 17 2010
U.S. CPI Falls Again While Core Prices Remain Weak
Retail pricing power remained weak month despite some improvement in consumer purchases. The May Consumer Price Index fell 0.2% (+2.0% y/y) for the second consecutive monthly decline. Emphasizing the loss of pricing power, the May CPI [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jun 16 2010
U.S. PPI Declines For Second Month With Lower Food & Energy Prices
Pricing pressures continued to ease last month. Thanks to lower food & energy prices, the May producer price index fell 0.3% (+5.1% y/y) after a 0.1% April slip. Consensus expectations had been for a 0.5% decline. Nevertheless, the [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jun 16 2010
U.S. Industrial Production Is Strong Again
The recovery in industrial output due to improved final demand and inventory replenishment continued last month. Overall production rose 1.2% after a little revised 0.7% increase during April. It's up at an 8.1% annual rate so far [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jun 16 2010
U.S. Housing Starts Decline, Erasing Year's Increase
If there was any question that the government's program to stimulate housing was a success, it should be laid to rest now that it's ended. May housing starts plummeted 10% m/m to 593,000 (AR), the lowest level since December. The [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jun 16 2010
U.S. Housing Starts Decline, Erasing Year's Increase
If there was any question that the government's program to stimulate housing was a success, it should be laid to rest now that it's ended. May housing starts plummeted 10% m/m to 593,000 (AR), the lowest level since December. The [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jun 15 2010
U.S. Gasoline Prices Slip But Crude Oil Prices Rise
U.S. gasoline prices slipped again last week. The pump price of regular gasoline of $2.70 per gallon prices was down three cents w/w but that still left prices up more than three-quarters since the December 2008 low. Continuing the [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jun 15 2010
Empire State Business Conditions Improve As Delivery Times Lengthen
Business must be improving if it takes longer to take delivery from sellers. The Federal Reserve Bank of New York reported that its June Empire State Factory Index of General Business Conditions increased modestly to 19.57 after a [...]
by:Tom Moeller
|in:Economy in Brief
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