The June Empire State Mfg. Index of General Business Conditions, reported by the Federal Reserve Bank of New York, surged 16.07 points to 29.01 and recovered all of the declines during the prior two months. Consensus expectations had [...]
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| Jun 19 2006Empire State Index Recovered in June
by:Tom Moeller
|in:Economy in Brief
Global| Jun 19 2006Empire State Index Recovered in June
The June Empire State Mfg. Index of General Business Conditions, reported by the Federal Reserve Bank of New York, surged 16.07 points to 29.01 and recovered all of the declines during the prior two months. Consensus expectations had [...]
by:Tom Moeller
|in:Economy in Brief
Global| Jun 16 2006Philadelphia Fed Business Activity Dipped
The Index of General Business Conditions in the manufacturing sector during June from the Philadelphia Fed dipped to 13.1 from an unrevised 14.4 during May. The decline was less than the Consensus expectation for a drop to 11.5. [...]
by:Tom Moeller
|in:Economy in Brief
Global| Jun 16 2006U.S. Consumers Felt a Little Better in Early June
Consumer sentiment early this month improved according to the University of Michigan. The preliminary June index rose to 82.4 from a low 79.1 during May but recovered less than half of that month's decline. Consensus expectations had [...]
by:Tom Moeller
|in:Economy in Brief
Global| Jun 16 2006U.S. Current Account Deficit Narrowed Unexpectedly
The US current account deficit narrowed last quarter to $208.7B versus a revised record during 4Q '05 of $223.1B. The deficit during 1Q '06 equaled 6.4% of GDP, about stable with 6.3% for all of last year . Consensus expectations had [...]
by:Tom Moeller
|in:Economy in Brief
Global| Jun 16 2006U.S. Current Account Deficit Narrowed Unexpectedly
The US current account deficit narrowed last quarter to $208.7B versus a revised record during 4Q '05 of $223.1B. The deficit during 1Q '06 equaled 6.4% of GDP, about stable with 6.3% for all of last year . Consensus expectations had [...]
by:Tom Moeller
|in:Economy in Brief
Global| Jun 14 2006Mortgage Applications Recovered Last Week
The total number of mortgage applications rose 7.0% last week and recovered most of the prior three weeks' declines. Nevertheless, applications in early June remained 1.4% below the May average which fell 2.2% from April. Applications [...]
by:Tom Moeller
|in:Economy in Brief
Global| Jun 14 2006CPI Rising More Quickly
Consumer prices (CPI-U) rose 0.4% last month and matched Consensus expectations. The 0.3% rise in prices less food & energy, however, was firmer than expectations for a 0.2% gain. While slight, the upside surprise in the measure of [...]
by:Tom Moeller
|in:Economy in Brief
Global| Jun 14 2006CPI Rising More Quickly
Consumer prices (CPI-U) rose 0.4% last month and matched Consensus expectations. The 0.3% rise in prices less food & energy, however, was firmer than expectations for a 0.2% gain. While slight, the upside surprise in the measure of [...]
by:Tom Moeller
|in:Economy in Brief
Global| Jun 13 2006U.S. Budget Deficit Deeper
In May, the U.S. federal government ran a budget deficit of $42.8B that was slightly deeper than the deficit during the same month last year. The FY06 to-date budget deficit nevertheless narrowed to $227.0B versus a deficit of $272.3B [...]
by:Tom Moeller
|in:Economy in Brief
Global| Jun 13 2006Gasoline Prices Rose Again, Demand Down Y/Y
Retail gasoline prices rose again last week to $2.91 per gallon (36.4% y/y). The rise left gas prices in early June still off just slightly from an average $2.91 during May. The spot market price for regular unleaded gasoline slipped [...]
by:Tom Moeller
|in:Economy in Brief
Global| Jun 13 2006Chain Store Sales Recover
The International Council of Shopping Centers (ICSC)-UBS reported that chain store sales recovered last week from earlier weakness with a 1.2% surge. The increase left sales in early June off a scant 0.4% from the May average which [...]
by:Tom Moeller
|in:Economy in Brief
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