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 [...]
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 18 2010U.S. PPI Jumps Again With EnergyPrice Strength
by:Tom Moeller
|in:Economy in Brief
- Global| Feb 17 2010
U.S. Import Price Gains Continue Strong
Higher oil prices and the lower dollar have been the primary factors behind the movement in import prices this past year. Just for January, a 1.4% rise in prices was nearly the strongest since last June and beat Consensus expectations [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Feb 17 2010
Industrial Output Firms
With a 0.9% January increase, U.S. industrial output posted its strongest monthly gain since August. Moreover, the run-up since the June bottom has totaled 5.3%. That compares with a 13.2% decline during the prior year which exceeded [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Feb 17 2010
U.S. Housing Starts Rise But Forward Momentum Is Weak
Housing starts increased a modest 2.8% last month to 591,000 (AR) units following a slightly revised decline to 575,000 during December. The small gain was only enough, however, to lift starts back to the level reached last summer. In [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Feb 17 2010
U.S. Housing Starts Rise ButForward Momentum Is Weak
Housing starts increased a modest 2.8% last month to 591,000 (AR) units following a slightly revised decline to 575,000 during December. The small gain was only enough, however, to lift starts back to the level reached last summer. In [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Feb 16 2010
U.S. Home Builders’ Index Improves Slightly
Low interest rates and improved affordability have yet to generate strong improvement in the housing market. The National Association of Home Builders' index of housing market activity improved this month to 17 from 15 in January, but [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Feb 16 2010
Empire State Factory Conditions Improve; Inventories End Decumulation
Business conditions in the Northeast improved this month. The Federal Reserve Bank of New York reported that its February Empire State Factory Index of General Business Conditions rose to 24.91, the highest level since October, and [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Feb 16 2010
Empire State Factory ConditionsImprove; Inventories End Decumulation
Business conditions in the Northeast improved this month. The Federal Reserve Bank of New York reported that its February Empire State Factory Index of General Business Conditions rose to 24.91, the highest level since October, and [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Feb 12 2010
Michigan Consumer Sentiment Dips From Recent High
The Reuters/University of Michigan Index of Consumer Sentiment for mid-February fell modestly to 73.7 from is two-year high of to 74.4 reached last month. The latest figure fell short of Consensus expectations for a higher reading of [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Feb 12 2010
U.S. Business Inventories Slip After Two-Month Increase
A developing trend towards accumulation of business inventories was cut short in December. The 0.2% yearend decline partially reversed gains during the prior two months which were the first in over a year. For the year business [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Feb 12 2010
U.S. Retail Sales Recover From Yearend Blues
Shoppers are returning to stores after restraining spending at yearend. January retail sales increased 0.5% after a 0.1% decline during December which was less than reported initially. The latest figure was firmer than Consensus [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Feb 12 2010
U.S. Retail Sales Recover FromYearend Blues
Shoppers are returning to stores after restraining spending at yearend. January retail sales increased 0.5% after a 0.1% decline during December which was less than reported initially. The latest figure was firmer than Consensus [...]
by:Tom Moeller
|in:Economy in Brief
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