Housing starts last month fell another 7.8% m/m to 1.960M units following the like decline during February that was little revised. The drop by far exceeded Consensus expectations for a decline to 2.04M starts. Lower single-family [...]
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| Apr 18 2006Housing Starts Down More Than Expected
by:Tom Moeller
|in:Economy in Brief
- Global| Apr 18 2006
PPI Moderate, As Expected
The finished goods producer price index for March rose a moderate 0.5% following the unrevised 1.4% decline one month earlier. Consensus expectations had been for a 0.4% gain. Less food & energy the PPI (core) also was moderate and [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Apr 18 2006
PPI Moderate, As Expected
The finished goods producer price index for March rose a moderate 0.5% following the unrevised 1.4% decline one month earlier. Consensus expectations had been for a 0.4% gain. Less food & energy the PPI (core) also was moderate and [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Apr 17 2006
Empire State Index Fell Sharply
The April Empire State Index of General Business Conditions fell sharply to 15.81 from a downwardly revised March reading of 29.03. The figures are reported by the Federal Reserve Bank of New York and Consensus expectations had been [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Apr 17 2006
Industrial Production Rose Further
During March, overall industrial output rose another 0.6% and added to a downwardly revised 0.5% February increase. Consensus expectations had been for a 0.5% gain. Factory sector output rose 0.5% after a revised 0.2% February decline [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Apr 17 2006
Industrial Production Rose Further
During March, overall industrial output rose another 0.6% and added to a downwardly revised 0.5% February increase. Consensus expectations had been for a 0.5% gain. Factory sector output rose 0.5% after a revised 0.2% February decline [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Apr 13 2006
U.S. Business Inventories Slipped
Total business inventories slipped marginally during February following an upwardly revised 0.6% gain during the prior month. Consensus expectations had been for a 0.3% increase for February. Retail inventories reversed the prior [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Apr 13 2006
U.S. Budget Deficit Deeper The Last Two Months
During March, the U.S. federal government again posted a deeper budget deficit versus the same month last year. The deficit of $85.5B versus last March's deficit of $71.2B pulled the FY06 to date budget deficit of $303.0B deeper [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Apr 13 2006
U.S. Consumer Sentiment Inched Higher
Consumer sentiment inched 0.3% higher early in April on the heels of the moderate 2.5% improvement during March. The University of Michigan's Sentiment Index rose to 89.2 and about matched Consensus expectations. During the last ten [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Apr 13 2006
Import Prices Fell Again
During March, total import prices fell a surprising 0.4% after an unrevised 0.5% drop the prior month. Consensus expectations had been for a 0.2% increase. Unexpected was a 0.7% decline in petroleum prices. Crude oil prices dropped [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Apr 13 2006
Initial Unemployment Insurance Claims Up
Initial claims for unemployment insurance jumped 12,000 to 313,000 last week and reversed all of the decline in claims during the prior two weeks. Consensus expectations had been for 302,000 claims and the prior week's decline was [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Apr 13 2006
U.S. Retail Sales Rebound
US retail sales rebounded 0.6% last month from a 0.8% decline during February that was revised from the 1.3% drop reported initially. Consensus expectations has been for a for a 0.5% gain. Motor vehicle & parts dealers sales rebounded [...]
by:Tom Moeller
|in:Economy in Brief
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