Last year's sharp decline in energy prices came to an abrupt end with the turn of the calendar page to 2009; and the consumer price index published by the Bureau of Labor Statistics (along with consumers' wallets) noted the shift. [...]
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
by:Tom Moeller
|in:Economy in Brief
Last year's sharp decline in energy prices came to an abrupt end with the turn of the calendar page to 2009; and the consumer price index published by the Bureau of Labor Statistics (along with consumers' wallets) noted the shift. [...]
by:Tom Moeller
|in:Economy in Brief
Global| Mar 17 2009U.S. Gasoline Prices Dip While Crude Oil Prices Rise
Regular gasoline prices dipped last week to $1.91 per gallon. That's at the bottom end of the $1.89 to $1.96 range in place since early February. Nevertheless the latest was up 30 cents from the December low. Yesterday, the spot [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Mar 17 2009
Surprising Rebound In U.S. Housing Starts Owes To Multi-Family
The severe downturn in housing starts took a breather last month as starts of multi-family homes nearly doubled. The Commerce Department indicated that total housing starts for February rose 22.2% from January to 583,000 (AR). January [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Mar 17 2009
U.S. Finished Goods PPI Rises Modestly; "Downstream" Pricing Remains Weak
U.S. producer prices for finished goods increased a modest 0.1% last month. The slim gain offset last month's upside surprise of 0.8%, which was unrevised. Moreover, it contrasted with Consensus expectations for a 0.4% gain.Much of [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Mar 17 2009
U.S. Finished Goods PPI RisesModestly; "Downstream" Pricing Remains Weak
U.S. producer prices for finished goods increased a modest 0.1% last month. The slim gain offset last month's upside surprise of 0.8%, which was unrevised. Moreover, it contrasted with Consensus expectations for a 0.4% gain. Much of [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Mar 16 2009
U.S. Home Builders' Index Still Under Extreme Pressure
Still under extreme pressure, the March Housing Market Index (HMI) from the National Association of Home Builders remained stable month-to-month at 9. During four of the last five months the index level of 9 was barley above the [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Mar 16 2009
The Empire State Index Reaches New Low
This month's Empire State Index of manufacturing sector activity, reported by the Federal Reserve Bank of New York, fell to a new low for the series which dates back to 2001. Continued stress was indicated by the reading of -38.23, [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Mar 16 2009
Skid in U.S. Factory Output Is Sharpest Since 1975; Utilization Rate Reaches Record Low
Declining demand coupled with cutbacks to inventory levels continue to severely depress U.S. factory sector activity. During February, industrial production fell 1.5% after the little-revised 1.9% drop during January. Last month's [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Mar 16 2009
Skid in U.S. Factory Output Is Sharpest Since 1975; Utilization Rate Reaches Record Low
Declining demand coupled with cutbacks to inventory levels continue to severely depress U.S. factory sector activity. During February, industrial production fell 1.5% after the little-revised 1.9% drop during January. Last month's [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Mar 13 2009
Michigan Consumer Sentiment Stays Stable; Opinion of Government Jumps
The earlier souring of consumers' moods seems to have stabilized. The University of Michigan reported that its reading of consumer sentiment held steady in early March with its February level. In fact, sentiment has moved roughly [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Mar 13 2009
U.S. Import Prices Move Lower Despite Higher Oil Prices
U.S. import prices fell another 0.2% during February, dragged lower by the worldwide recession. The generalized decline, which offset the influence from higher oil prices, followed a little-revised 1.2% January drop. During the last [...]
by:Tom Moeller
|in:Economy in Brief
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