Housing starts during February were firmer than expected and fell just 0.6% to 1.065M units. A m/m decline to 0.96M had been the Consensus expectation. In addition, starts in January were revised higher to 1.065M from 1.012M reported [...]
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| Mar 18 2008U.S. Housing Starts Buoyed Again By Multi-Family
by:Tom Moeller
|in:Economy in Brief
- Global| Mar 18 2008
U.S. PPI Total & Total Firm
Finished producer prices in the U.S. rose 0.3% during February following a 1.0% surge in January. The latest increase fell just short of Consensus expectations for a 0.4% rise but the 6.8% increase versus last February was near this [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Mar 17 2008
U.S. NAHB Housing Market Index Low & Stable
The National Association of Home Builders' (NAHB) reported that the March Composite Housing Market Index remained at the same low level as in February. The readings are more than two-thirds lower than the highs of 2004. During the [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Mar 17 2008
U.S. Current Account Deficit Shrank in 2007
The US current account deficit fell last quarter to $172.9 billion from $177.4 billion in Q3. The Q4 deficit was shallower than Consensus expectations for a deficit of $184 billion. The latest deficit totaled 4.9% of GDP and it peaked [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Mar 17 2008
U.S. Industrial Output Down
Industrial production fell 0.5% last month after an unrevised 0.1% rise during January. The decline was greater than the 0.1% slip that was generally expected. The cause of the surprise, however, primarily was due to a 3.7% drop in [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Mar 17 2008
U.S. Industrial Output Down
Industrial production fell 0.5% last month after an unrevised 0.1% rise during January. The decline was greater than the 0.1% slip that was generally expected. The cause of the surprise, however, primarily was due to a 3.7% drop in [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Mar 14 2008
Michigan Consumer Sentiment Fell Again
The University of Michigan's consumer sentiment index, in the preliminary reading for March, fell another 0.4% m/m to 70.5 after the 9.7% plunge during February. Consensus expectations had been for a somewhat sharper decline to a [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Mar 14 2008
U.S. CPI Total & Core Unchanged
The consumer price index (CPI-U) was unchanged in February following two consecutive months of 0.4% increase. It compared to expectations for a 0.3% rise and was the weakest since prices were unchanged last August. A slight dip in the [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Mar 14 2008
U.S. CPI Total & Core Unchanged
The consumer price index (CPI-U) was unchanged in February following two consecutive months of 0.4% increase. It compared to expectations for a 0.3% rise and was the weakest since prices were unchanged last August. A slight dip in the [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Mar 13 2008
U.S. Budget Deficit Deeper Due to Revenue Shortfall & Spending Surge
The U.S. government ran a budget deficit of $175.6B last month, quite a bit higher than last year's February deficit of $120B. For the first five months of FY08 the government ran a budget deficit of $263.3B versus a deficit of 162.2B [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Mar 13 2008
U.S. Total Import Prices Eased, Nonoil Strongest Since 1995
Overall import prices during February gained only 0.2% after a very firm, little revised 1.6% January increase. Expectations had been for a stronger 0.8% rise last month. Petroleum prices fell an unexpected 0.5% after a 4.8% surge in [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Mar 13 2008
U.S. Weekly Initial Claims for Unemployment Insurance Unchanged
Initial claims for unemployment insurance were unchanged last week at 353,000 from the prior week's level which was revised up slightly. The figure about matched Consensus expectations and it left the early March level of claims [...]
by:Tom Moeller
|in:Economy in Brief
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