For early January, the University of Michigan's consumer sentiment index recovered 6.6% m/m to 80.5, the highest level since October.The increase was only the second in eight months and it beat expectations for a continued decline to [...]
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| Jan 18 2008Michigan Consumer Sentiment Highest in Four Months
by:Tom Moeller
|in:Economy in Brief
- Global| Jan 17 2008
U.S. Initial Claims for Jobless Insurance Lowest Since September
Unexpectedly, initial claims for jobless insurance dropped 21,000 last week to 301,000 after an unrevised 12,000 decline during the week prior. The latest level was the lowest since late September and contrasted with expectations for [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jan 17 2008
Philadelphia Fed Index Plummets Further
The Philadelphia Federal Reserve Bank reported that it's Index of General Business Conditions in the manufacturing sector cratered to -20.9 this month from what was a revised level of -1.6 in December. The latest level was the lowest [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jan 17 2008
U.S. Housing Starts Plumb 1991 Lows
Not since the recession of the early 1990s have housing starts fallen so low. A 14.2% m/m decline in December dropped starts to 1.006 million units after a downwardly revised 7.9% November decline. The decline, which by far exceeded [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jan 17 2008
U.S. Housing Starts Plumb 1991 Lows
Not since the recession of the early 1990s have housing starts fallen so low. A 14.2% m/m decline in December dropped starts to 1.006 million units after a downwardly revised 7.9% November decline. The decline, which by far exceeded [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jan 16 2008
U.S. NAHB Housing Market Index Remained Low, Down Hard Out West
For January, the Composite Housing Market Index from the National Association of Home Builders' (NAHB) remained low versus a December reading that was revised up slightly. The index was stable in the Northeast (-47.4 % y/y) but fell [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jan 16 2008
U.S. Industrial Production Unchanged in Dec. A Recession Begun?
Industrial production was unchanged last month, a bit better than the expected slight decline. That followed an unrevised 0.3% November rise. For all of last year, the 1.6% increase in output was the weakest since 2003. The latest [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jan 16 2008
U.S. CPI Total & Core Tame
The consumer price index (CPI-U) last month rose 0.3%. The increase was slightly ahead of expectations for a 0.2% rise. It was well below the heightened 0.8% November jump and equal to the gains of the prior two months, Nevertheless, [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jan 16 2008
U.S. CPI Total & Core Tame
The consumer price index (CPI-U) last month rose 0.3%. The increase was slightly ahead of expectations for a 0.2% rise. It was well below the heightened 0.8% November jump and equal to the gains of the prior two months, Nevertheless, [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jan 15 2008
U.S. Business Inventories' Accumulation Still Slowing
Total business inventory accumulation continued to moderate and rose 0.4% during November. The three month change in inventories of 3.9 (AR) is less than half the rate of accumulation in mid-2006. Retail inventories fell 0.1% as [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jan 15 2008
U.S. PPI Eased
Finished producer prices retreated 0.1% last month after the 3.2% surge during November. The decline compared with an expectation for a 0.2% gain. A 0.2% gain in core producer prices matched expectations. Energy prices fell 1.9% [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jan 15 2008
U.S. Retail Sales Miss Expectations
U.S. retail sales fell 0.4% last month and missed expectations for no change. November's gain was revised down slightly to 1.0% and the October figure also was revised down slightly to no change. Excluding autos sales similarly fell [...]
by:Tom Moeller
|in:Economy in Brief
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