Consumer spending has yet to show real spark. Weekly chain store sales improved by 2.3% last week but for the month so far sales remained down slightly from the January average. Sales also remained down 1.6% from last summer's high. [...]
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| Feb 23 2010U.S. Weekly Chain Store Sales Look Lifeless
by:Tom Moeller
|in:Economy in Brief
- Global| Feb 23 2010
U.S. Weekly Gasoline Prices Recover Somewhat
Continuing to move generally in a sideways pattern, the pump price for regular gasoline rose last week to $2.66. Nevertheless, prices remained up by more than one-third from last year. Yesterday, the spot market price for a gallon of [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Feb 23 2010
U.S. Weekly Gasoline PricesRecover Somewhat
Ever-so-slightly, home prices are rising m/m and the annual decline has eased. The December S&P/Case Shiller Home Price Index edged up another 0.3% and they have risen 3.6% from the May low. That improvement pared the 12-month price [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Feb 23 2010
U.S. Weekly Gasoline PricesRecoverSomewhat
Ever-so-slightly, home prices are rising m/m and the annual decline has eased. The December S&P/Case Shiller Home Price Index edged up another 0.3% and they have risen 3.6% from the May low. That improvement pared the 12-month price [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Feb 22 2010
Chicago Fed Index Increases To Nearly Highest Since 2007
The U.S. economy regained forward momentum last month. The January Chicago Fed National Activity Index (CFNAI) from the Federal Reserve Bank of Chicago rose to a reading of 0.02 from a little-revised -0.58 in December. Also pointing [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Feb 22 2010
Chicago Fed Index Increases ToNearly Highest Since 2007
The U.S. economy regained forward momentum last month. The January Chicago Fed National Activity Index (CFNAI) from the Federal Reserve Bank of Chicago rose to a reading of 0.02 from a little-revised -0.58 in December. Also pointing [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Feb 19 2010
CPI Firms With Energy Prices But Core Prices Decline
Consumer price inflation remains under wraps. That's the message from this morning's report by the U.S. Bureau of Labor Statistics that the January CPI rose 0.2% for the fifth consecutive month. The increase was slightly lower than [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Feb 19 2010
CPI Firms With Energy Prices ButCore Prices Decline
Consumer price inflation remains under wraps. That's the message from this morning's report by the U.S. Bureau of Labor Statistics that the January CPI rose 0.2% for the fifth consecutive month. The increase was slightly lower than [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Feb 18 2010
Philadelphia Fed Index Increases With Broad-Based Component Strength
The Philadelphia Federal Reserve Bank indicated that its index of regional factory sector activity rose modestly this month and made up some of a January decline. At 17.6 the index about matched Consensus expectations and has been [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Feb 18 2010
U.S. Initial Jobless Insurance Claims Move Back Up
Today's Labor Department report that initial claims for jobless insurance moved higher last week after falling during the prior period underscores a sideways pattern in place since December. Jobless insurance rose 31,000 to 473,000 [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Feb 18 2010
U.S. Leading Economic Indicators Suggest Continued Recovery
The uptrend in the Conference Board's Index of Leading Economic Indicators continued last month though it lost a little steam. The rise of 0.3% followed stronger monthly gains dating back to April and the six-month rate of increase at [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Feb 18 2010
U.S. PPI Jumps Again With Energy Price Strength
Producer prices continued strong last month led by another jump in fuel costs. In addition, food price inflation has picked up considerably. Together, this strength lifted the finished goods PPI by 1.4% last month and increased the [...]
by:Tom Moeller
|in:Economy in Brief
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