The January Empire State Index of General Business Conditions reversed all of the prior month's gain and fell 6.16 points to 20.12. Consensus expectations for the factory sector index had been for a lesser decline to 22. The figures [...]
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 17 2006Empire State Index Slipped
by:Tom Moeller
|in:Economy in Brief
- Global| Jan 13 2006
U.S. Business Inventory Accumulation Steady
Total business inventories rose 0.5% in November. The gain followed a 0.4% October increase that was revised upward and it was squarely in the 0.4-0.5% range of the last four months. The increases raised slightly the ratio of [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jan 13 2006
PPI Rise Doubled Expectations
The Producer Price Index for Finished Goods doubled Consensus expectations for a 0.4% increase and posted a 0.9% gain in December. It was the strongest increase in four months and lifted the year to year rise to 4.9%, the strongest [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jan 13 2006
U.S. Retail Sales Light in December
US retail sales rose 0.7% last month following an upwardly revised 0.8% increase in November. The increase, however, fell short of Consensus expectations for a 0.9% rise. In addition, sales less autos rose just half the expected 0.4% [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jan 13 2006
U.S. Retail Sales Light in December
US retail sales rose 0.7% last month following an upwardly revised 0.8% increase in November. The increase, however, fell short of Consensus expectations for a 0.9% rise. In addition, sales less autos rose just half the expected 0.4% [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jan 12 2006
Initial Claims for Unemployment Insurance Lowest Since 2000
Initial claims for unemployment insurance increased 17,000 to 309,000 last week following a little revised 34,000 decline the week prior. Consensus expectations had been for 315,000 claims. During the last ten years there has been a [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jan 12 2006
Import Prices Fell Again
The import prices fell 0.2% last month following the little revised 1.8% drop during November and contrasted with Consensus expectations for a 0.2% increase. Nonpetroleum again were weak and posted no change versus November. The [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jan 12 2006
U.S. Trade Deficit Narrowed as Oil Prices Fell
The U.S. foreign trade deficit in November narrowed to $64.2B from the record $68.1B the prior month which was revised slightly shallower from the initial estimate. Consensus expectations had been for a narrowing to $66.1B. Imports of [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jan 12 2006
U.S. Trade Deficit Narrowed as Oil Prices Fell
The U.S. foreign trade deficit in November narrowed to $64.2B from the record $68.1B the prior month which was revised slightly shallower from the initial estimate. Consensus expectations had been for a narrowing to $66.1B. Imports of [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jan 11 2006
Mortgage Applications Recovered
The total number of mortgage applications recovered 9.9% during the opening week of 2006 following four consecutive weeks of decline. The rise, however, was to a level up just 1.0% from the December average. Following four consecutive [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jan 11 2006
Mortgage Applications Recovered
The total number of mortgage applications recovered 9.9% during the opening week of 2006 following four consecutive weeks of decline. The rise, however, was to a level up just 1.0% from the December average. Following four consecutive [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jan 10 2006
Gold & Gasoline Prices Up
The rise yesterday in gold prices to $540 per ounce was to a level not attained in twenty five years. It underscored several concerns over the potential for future inflationary price pressure including 1) speculation of an end to Fed [...]
by:Tom Moeller
|in:Economy in Brief
- of1081Go to 925 page