As of last week the US average retail gasoline price fell to $2.73 per gallon, down 11.2% from the weekly high of $3.07 seen in early September. Moreover, yesterday's NY harbor spot price for regular unleaded gasoline was down twenty [...]
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| Oct 21 2005Petroleum Prices Down, And Going Lower?
by:Tom Moeller
|in:Economy in Brief
- Global| Oct 20 2005
Philadelphia Fed Activity Index Recovered
The October Index of General Business Conditions in the manufacturing sector from the Philadelphia Fed recovered just about all of the prior month's loss. A surge to 17.3 from 2.2 in September compared to Consensus expectations for a [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Oct 20 2005
Leading Economic Indicators Fell for Third Month
The Composite Index of Leading Economic Indicators reported by the Conference Board fell 0.7% in September following declines of 0.1% during the prior two months. The initial effects of the Gulf hurricanes as well as earlier weakening [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Oct 20 2005
Initial Claims for Jobless Insurance Down Sharply
Initial claims for unemployment insurance dropped 35,000 to 355,000 last week versus a little revised level of 389,000 during the prior period. Consensus expectations had been for 370,000 claims. The Labor Department indicated that [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Oct 20 2005
Philadelphia Fed Activity Index Recovered
The October Index of General Business Conditions in the manufacturing sector from the Philadelphia Fed recovered just about all of the prior month's loss. A surge to 17.3 from 2.2 in September compared to Consensus expectations for a [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Oct 19 2005
Mortgage Applications Rose Sharply
According to the Mortgage Bankers Association, the total number of mortgage applications rose 6.1% last week and reversed most of the declines during the prior three periods although applications so far in October remained 4.2% below [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Oct 19 2005
NAHB Housing Market Index Improved
Following three consecutive months of decline, the National Association of Home Builders' (NAHB) Composite Housing Market Index gained back in October all of the September drop with a 3.1% increase. Nevertheless the index remained [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Oct 19 2005
Housing Starts Firm
Housing starts remained firm last month and rose 3.4% m/m to 2.108M units.The prior month's figure was revised slightly higher and the September gain far outpaced Consensus expectations for a decline to 1.97M starts. The Census Bureau [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Oct 19 2005
Housing Starts Firm
Housing starts remained firm last month and rose 3.4% m/m to 2.108M units.The prior month's figure was revised slightly higher and the September gain far outpaced Consensus expectations for a decline to 1.97M starts. The Census Bureau [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Oct 18 2005
Chain Store Sales Rose Again Last Week
Chain store sales rose for the fourth consecutive week. Last week's 0.4% increase, according to the International Council of Shopping Centers (ICSC)-UBS survey, lifted sales 1.3% above the mid-September low. During the last ten years [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Oct 18 2005
September PPI Up 1.9%: Spillover Effects?
The overall Producer Price Index jumped 1.9% last month, easily surpassing Consensus expectations for a 1.1% increase. The gain was the largest since January 1990 and was led by a 7.1% leap in energy prices which also was the [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Oct 18 2005
September PPI Up 1.9%: Spillover Effects?
The overall Producer Price Index jumped 1.9% last month, easily surpassing Consensus expectations for a 1.1% increase. The gain was the largest since January 1990 and was led by a 7.1% leap in energy prices which also was the [...]
by:Tom Moeller
|in:Economy in Brief
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