Continuing to show a loss of forward momentum was the housing sector. Housing starts ticked up slightly last month to 590,000 (AR) units versus 587,000 during August which was revised down slightly. The latest level, however, showed [...]
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| Oct 20 2009U.S. Housing Starts Inch HigherDuring September But Are Flat Over Last Four Months
by:Tom Moeller
|in:Economy in Brief
- Global| Oct 19 2009
U.S. Home Builders' Index Recovery Stuttering This Month
Housing continues to turn the corner toward recovery, but of late that recovery stuttered. The National Association of Home Builders reported that its October Composite Housing Market Index fell to 18 from 19 in September. Though the [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Oct 19 2009
U.S. FY '09 Federal Budget Deficit Tops $1.4 Trillion
The U.S. government ran a budget deficit of $1.417 trillion during Fiscal Year 2009. The figure was by far a record and more than tripled the 2008 deficit of $454.8 billion. While somewhat below the Congressional Budget Office's [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Oct 19 2009
U.S. FY '09 Federal Budget DeficitTops $1.4 Trillion
The U.S. government ran a budget deficit of $1.417 trillion during Fiscal Year 2009. The figure was by far a record and more than tripled the 2008 deficit of $454.8 billion. While somewhat below the Congressional Budget Office's [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Oct 16 2009
Michigan Consumer Sentiment Sags M/M But Remains Improved From Its Low
Consumer sentiment sagged this month but retraced just half of the rise during September. The University of Michigan's mid-month October reading of consumer sentiment fell to 69.4 from a September reading of 73.5. Despite the decline [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Oct 16 2009
U.S. Factory Production Climbs For Third Month While Plant Utilization Reaches Seven-Month High
Industrial production is hardly overheating, but the nation's industrial plant is starting to hum again. Output rose a surprising 0.7% during September after gains of 1.2% and 0.8% during the prior two months. An uptick of a meager [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Oct 16 2009
U.S. Factory Production Climbs ForThird Month While Plant Utilization Reaches Seven-Month High
Industrial production is hardly overheating, but the nation's industrial plant is starting to hum again. Output rose a surprising 0.7% during September after gains of 1.2% and 0.8% during the prior two months. An uptick of a meager [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Oct 15 2009
Empire State Factory Conditions Improve To Highest Level Since 2004
The Federal Reserve Bank of New York reported that its October Empire State Factory Index of General Business Conditions improved to its highest level since 2004. The latest reading of 34.57 compares to sharply negative levels this [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Oct 15 2009
Philadelphia Fed Index Slips Yet Still Indicates Positive Growth
October index of factory sector activity from the Philadelphia Federal Reserve Bank indicated that activity in the region continued to grow this month. The index slipped as expected to a positive 11.5 from 14.1 in September and [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Oct 15 2009
U.S. Initial Unemployment Insurance Claims Fall Slightly; Continuing Claims Off As Well
A recent downtrend in initial claims for unemployment insurance continued last week. They fell slightly and remained near their lowest level since early-January. The Labor Department indicated that claims fell to 514,000 from an [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Oct 15 2009
CPI Total & Core Increase Just Modestly Despite Economic Improvement
Despite recent moderate economic improvement, pricing pressure remained very much under control last month as indicated by weak gains in consumer prices. Perhaps the economy's improvement owes much to that weakened pricing power. [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Oct 15 2009
CPI Total & Core IncreaseJust Modestly Despite Economic Improvement
Despite recent moderate economic improvement, pricing pressure remained very much under control last month as indicated by weak gains in consumer prices. Perhaps the economy's improvement owes much to that weakened pricing power. [...]
by:Tom Moeller
|in:Economy in Brief
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