Speculation that the U.S. economic recovery is taking hold drove regular gasoline prices even higher last week to an average $2.67 per gallon of regular. Gasoline prices now have risen more than $1.00 per gallon, or by more than one- [...]
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 16 2009Gasoline Prices Reach The Highest Level Since Last October
by:Tom Moeller
|in:Economy in Brief
- Global| Jun 16 2009
U.S. Factory Production Decline Resumes, Matching 1946 Yr/Yr Drop
The Federal Reserve reported that the earlier letup in the factory sector recession was short-lived. Output, which includes mining and utilities, declined a greater-than-expected 1.1% last month following a 0.7% April drop that was [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jun 16 2009
U.S. Housing Starts Recover Modestly
Though housing starts posted a gain last month, the rise was modest and it suggests that the U.S. housing sector remains under pressure. Total housing starts recovered from their April decline with a 17.2% m/m rise to 532,000 (AR) [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jun 16 2009
U.S. PPI Decline Yr-to-Yr Matches '49 Record; Core Pricing Power Evaporates
Economic recession along with lower energy prices combined last month to lower U.S. producer price inflation to its lowest since 1949. The fact that the May PPI for finished goods rose 0.2% after a +0.3% in April was not the big news. [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jun 16 2009
U.S. PPI Decline Yr-to-Yr Matches'49 Record; Core Pricing Power Evaporates
Economic recession along with lower energy prices combined last month to lower U.S. producer price inflation to its lowest since 1949. The fact that the May PPI for finished goods rose 0.2% after a +0.3% in April was not the big news. [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jun 15 2009
U.S. Home Builders' Index Slips
According to the National Association of Home Builders, the recent improvement in the housing market took this month off. Their June index of sales slipped to 15 from the unrevised May level of 16. Nevertheless, the index remained [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jun 15 2009
Empire State Factory Conditions Deteriorated M/M But Remain Improved From Earlier Low
This month's Empire State Index of manufacturing sector activity, reported by the Federal Reserve Bank of New York, fell versus May. Nevertheless, the latest reading remained very much improved from the low of this past Winter and, as [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jun 15 2009
Empire State Factory ConditionsDeteriorated M/M But Remain Improved From Earlier Low
This month's Empire State Index of manufacturing sector activity, reported by the Federal Reserve Bank of New York, fell versus May. Nevertheless, the latest reading remained very much improved from the low of this past Winter and, as [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jun 12 2009
Michigan Consumer Sentiment Stable But The Current View of Economic Conditions Jumps
Good news seems better than bad news. That's an obvious statement, but it's behind the recent rise in the University of Michigan's early-June reading of consumer sentiment. At 69.0 the latest index level was roughly unchanged from May [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jun 12 2009
U.S. Import Prices Rise With Higher Oil Prices
During May, U.S. import prices moved higher again due to recent increases in oil prices The expected 1.3% gain followed a similar 1.1% rise during April and, since January, prices have risen by 2.9%. Nevertheless, earlier declines in [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jun 12 2009
U.S. Flow of Funds Indicate Further Shrinkage of Balance Sheets
Since the peak in 2Q 2007, the net worth of the U.S. household & nonprofit sectors' has fallen by $13.8 trillion, or by nearly one-quarter. The decline to its lowest level since 2004 was led by the rapid shrinkage in asset values, [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jun 12 2009
U.S. Flow of Funds Indicate Further Shrinkage of Balance Sheets
Since the peak in 2Q 2007, the net worth of the U.S. household & nonprofit sectors' has fallen by $13.8 trillion, or by nearly one-quarter. The decline to its lowest level since 2004 was led by the rapid shrinkage in asset values, [...]
by:Tom Moeller
|in:Economy in Brief
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