Forward momentum is building behind business conditions in the Northeast region of the country. The Federal Reserve Bank of New York reported that its April Empire State Factory Index of General Business Conditions rose to its highest [...]
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| Apr 16 2010Empire State Business Conditions Show Further Gain
by:Tom Moeller
|in:Economy in Brief
- Global| Apr 16 2010
U.S. Housing Starts Improve With Better Weather
Improved weather last month helped housing starts rise 1.6% from February to 626,000 units (AR). Also good news from the housing sector was that snowstorms didn't depress activity by 5.9% from January as previously reported but [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Apr 16 2010
U.S. Housing Starts Improve WithBetter Weather
Improved weather last month helped housing starts rise 1.6% from February to 626,000 units (AR). Also good news from the housing sector was that snowstorms didn't depress activity by 5.9% from January as previously reported but [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Apr 15 2010
U.S. Claims For Jobless Insurance Increase, Again
They weren't expected to move up, but they did anyway. According to the Bureau of Labor Statistics, initial claims for jobless insurance increased by 24,000 last week to 484,000, the highest level in seven weeks. The gain followed an [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Apr 14 2010
U.S. Retail Sales Strengthen; Core Sales Strongest Since 2006
Forward momentum is building behind consumer spending. March retail sales rose 1.6%; triple the upwardly revised readings of the prior two months and stronger than the 1.2% increase that had been expected. On a three-month basis sales [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Apr 14 2010
U.S. CPI Increase Is Weak; Core Prices Are Unchanged
Consumer price inflation remain subdued last month, according to the U.S. Bureau of Labor Statistics. It reported that the CPI during March rose all of 0.1% after having been unchanged during February. That was enough to leave the [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Apr 14 2010
U.S. CPI Increase Is Weak; CorePrices Are Unchanged
Consumer price inflation remain subdued last month, according to the U.S. Bureau of Labor Statistics. It reported that the CPI during March rose all of 0.1% after having been unchanged during February. That was enough to leave the [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Apr 13 2010
U.S. Small Business Optimism Falls To Lowest Since July
Economic recovery continued to do little to bolster small businesses' mood. The National Federation of Independent Business (NFIB) reported their March small business optimism index fell m/m to 86.8 which the lowest level since July [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Apr 13 2010
U.S. Budget Deficit Eased Versus FY'09
For March, the U.S. federal budget deficit eased enough to pull the deficit during the first six months of FY'10 to $717.0B versus $781.4B during the first six months of last fiscal year. According to the U.S. Treasury Department, the [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Apr 13 2010
U.S. Trade Deficit Deepens Slightly With Rise In Imports
After falling sharply into last autumn, the U.S. foreign trade deficit has bounced within a narrow range during the last four months. For February, the deficit deepened to $39.7B from a little-revised $37.0B during January. The latest [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Apr 13 2010
U.S. Trade Deficit DeepensSlightly With Rise In Imports
After falling sharply into last autumn, the U.S. foreign trade deficit has bounced within a narrow range during the last four months. For February, the deficit deepened to $39.7B from a little-revised $37.0B during January. The latest [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Apr 12 2010
Dating The U.S. Recession's End
The Business Cycle Dating Committee at the National Bureau of Economic Research indicated that it's premature to call an end to the U.S. recession. Their latest communiqué can be found here. Nevertheless, Haver Analytics has gone [...]
by:Tom Moeller
|in:Economy in Brief
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