The March National Activity Index (CFNAI) from the Chicago Federal Reserve Bank remained negative last month. At -2.96 the figure was roughly stable with February but both figures were up marginally from the low reading of -4.03 [...]
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 20 2009Chicago Fed Index Remained Negative In March
by:Tom Moeller
|in:Economy in Brief
- Global| Apr 20 2009
U.S. Leading Indicators Fall To The Lowest Level Since 2003
The Conference Board reported that the March composite index of leading economic indicators fell 0.3% to the lowest level since early-2003. The decline in the February index was revised to a shortfall of 0.2%. Foreshadowing the [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Apr 20 2009
U.S. Leading Indicators Fall To The Lowest Level Since 2003
The Conference Board reported that the March composite index of leading economic indicators fell 0.3% to the lowest level since early-2003. The decline in the February index was revised to a shortfall of 0.2%. Foreshadowing the [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Apr 17 2009
MAPI Survey Indicates Deepening Stress in the Factory Sector
The manufacturing sector will remain distressed. That is the message reported yesterday in the Manufacturers Alliance/MAPI survey of the factory sector. Their composite index of activity fell to a record low level as it dropped to 21 [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Apr 17 2009
Michigan Consumer Sentiment Improves Again
Despite higher unemployment, the University of Michigan indicated that its mid-April reading of consumer sentiment rose for a second consecutive month. In fact, the index level of 61.9 was its highest since September of last year. The [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Apr 17 2009
MAPI Survey Indicates Deepening Stress in the Factory Sector
The manufacturing sector will remain distressed. That is the message reported yesterday in the Manufacturers Alliance/MAPI survey of the factory sector. Their composite index of activity fell to a record low level as it dropped to 21 [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Apr 16 2009
Philadelphia Fed Index Indicates Further Economic Contraction; Rate of Decline Diminishing While Expectations Up Sharply
The Philadelphia Federal Reserve Bank indicated that economic activity in the region continued to contract during April. The Index of General Business conditions in the manufacturing sector came in at -24.4 versus a reading of -35.0 [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Apr 16 2009
U.S. Initial Claims for Unemployment Insurance Fall Back
Initial claims for unemployment insurance gave another indication that the worst of the labor market's deterioration is moderating. The level of 610,000 claims last week was down from an upwardly revised 663,000 and it was the second [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Apr 16 2009
U.S. Housing Starts Fall to Second Lowest Level on Record But Bottom May Be Forming
The breather in the housing market downturn proved short-lived as housing starts fell to the second lowest level on record. The Commerce Department indicated that total housing starts in March reversed nearly all of their February [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Apr 16 2009
U.S. Housing Starts Fall to Second Lowest Level on Record But Bottom May Be Forming
The breather in the housing market downturn proved short-lived as housing starts fell to the second lowest level on record. The Commerce Department indicated that total housing starts in March reversed nearly all of their February [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Apr 15 2009
U.S. Factory Output Decline Is The Sharpest Since The Deindustrialization After WWII
In March, the year-to-year decline in U.S. industrial output of 12.7% was the result of reduced U.S. demand, inventory cutbacks and recessions abroad. To emphasize the size of that decline, it was the largest since the factory [...]
by:Tom Moeller
|in:Economy in Brief
Last month, the consumer price index published by the Bureau of Labor Statistics slipped 0.1%. The big news, however, was not the rare negative sign in front of the monthly figure but the negative sign in front of the twelve month [...]
by:Tom Moeller
|in:Economy in Brief
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