The November index of manufacturing activity in New York State firmed again. The Index of General Business Conditions rose 3.74 points to 26.66 on top of the nearly twelve point advance during the prior two months. Consensus [...]
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| Nov 15 2006Empire State Index Unexpectedly Firm
by:Tom Moeller
|in:Economy in Brief
- Global| Nov 15 2006
Empire State Index Unexpectedly Firm
The November index of manufacturing activity in New York State firmed again. The Index of General Business Conditions rose 3.74 points to 26.66 on top of the nearly twelve point advance during the prior two months. Consensus [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Nov 14 2006
PPI: Total & Core Fell
The overall producer price index fell 1.6% last month, about triple Consensus expectations. Lower energy prices again lowered the total but other prices fell as well. The core PPI fell 0.9% and more than reversed the prior month's [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Nov 14 2006
Chain Store Sales Off As Well
Chain store sales last week fell 0.8% and gave back most of the prior period's 1.0% recovery, according to the International Council of Shopping Centers (ICSC)-UBS. That pulled sales in November about even with October which fell 0.7% [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Nov 14 2006
U.S. Retail: Sales of Discretionary Items & Gasoline Lower
During October, US retail sales fell for the fourth month in the last five. Last month's 0.2% drop was, however, a bit less than Consensus expectations for a 0.4% decline. Going the other way, September's decline was doubled to -0.8%. [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Nov 14 2006
U.S. Retail: Sales of Discretionary Items & Gasoline Lower
During October, US retail sales fell for the fourth month in the last five. Last month's 0.2% drop was, however, a bit less than Consensus expectations for a 0.4% decline. Going the other way, September's decline was doubled to -0.8%. [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Nov 13 2006
OECD Leaders Rose
The Leading Index of the major 7 OECD economies increased 0.4% in September after an upwardly revised 0.1% August gain. Declines during the prior three months were revised slightly shallower. The index's six month growth rate, as a [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Nov 13 2006
OECD Leaders Rose
The Leading Index of the major 7 OECD economies increased 0.4% in September after an upwardly revised 0.1% August gain. Declines during the prior three months were revised slightly shallower. The index's six month growth rate, as a [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Nov 10 2006
Credit Standards Eased as Demand Fell
In the 4Q Senior Loan Officer Survey on Bank Lending Practices, the Federal Reserve Board indicated that credit standards for large firms were unchanged during the last three months. That represented a sharp easing of lending [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Nov 10 2006
Credit Standards Eased as Demand Fell
In the 4Q Senior Loan Officer Survey on Bank Lending Practices, the Federal Reserve Board indicated that credit standards for large firms were unchanged during the last three months. That represented a sharp easing of lending [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Nov 09 2006
Initial Claims for Jobless Insurance Back Down
Initial claims for unemployment insurance reversed the prior week's jump and fell 20,000 last week to 308,000. Consensus expectations had been for a lesser decline to 315,000 claims. During the last ten years there has been a [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Nov 09 2006
U.S. Consumer Sentiment Slipped
The University of Michigan's preliminary reading of consumer sentiment during November slipped 1.4% from October to 92.3 after that month's 9.6% jump. The decline slightly exceeded Consensus expectations for a decline to 93.3. During [...]
by:Tom Moeller
|in:Economy in Brief
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