The Producer Price Index for Finished Goods fell 1.4% last month. It was the largest decline in the index since April 2003 and easily outpaced Consensus expectations for a 0.3% decline. Producer prices less food & energy (core), [...]
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| Mar 21 2006Producer Price Index Down, Core Prices Firm
by:Tom Moeller
|in:Economy in Brief
- Global| Mar 20 2006
ECRI Leading Index: Momentum Strength Diminished
The weekly leading index of the US economy published by the Economic Cycle Research Institute (ECRI) slipped 0.1% last week. The decline was the fifth in the last six weeks and lowered the index's six month growth rate to 3.0% from an [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Mar 20 2006
Leading Economic Indicators Fell
The Composite Index of Leading Economic Indicators fell 0.2% last month following four months of increase, reported the Conference Board. The decline about matched Consensus expectations for a 0.3% drop but it was accompanied by a [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Mar 20 2006
Leading Economic Indicators Fell
The Composite Index of Leading Economic Indicators fell 0.2% last month following four months of increase, reported the Conference Board. The decline about matched Consensus expectations for a 0.3% drop but it was accompanied by a [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Mar 17 2006
U.S. Consumer Sentiment Unchanged
The index of consumer sentiment remained unchanged early this month versus February at 86.7, according to the University of Michigan. Consensus expectations for an increase to 88.0. Sentiment figures are not seasonally adjusted and [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Mar 17 2006
Industrial Production Up As Expected
Overall industrial output surged an expected 0.7% during February. The rise, however, was entirely due to a 7.9% rebound in utility output as winter temperatures returned to normal. Utility output had fallen 11.5% during the record [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Mar 17 2006
Industrial Production Up As Expected
Overall industrial output surged an expected 0.7% during February. The rise, however, was entirely due to a 7.9% rebound in utility output as winter temperatures returned to normal. Utility output had fallen 11.5% during the record [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Mar 16 2006
Philadelphia Fed Business Activity Index Off
The March Philadelphia Fed Index of General Business Conditions in the manufacturing sector gave back 3.1 points of the 12.1 point improvement last month. The decline to 12.3 compared to Consensus expectations for a lesser decline to [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Mar 16 2006
Initial Claims for Jobless Insurance Higher Again
Initial claims for unemployment insurance rose for the third consecutive week. Last week's gain of 5,000 to 309,000 followed a little revised 9,000 increase the prior period and it was to the highest level this year. Consensus [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Mar 16 2006
Housing Starts Decline Mostly Reflected Multi-Family
Housing starts during February reversed roughly half of the prior month's upwardly revised rise and fell 7.9% m/m to 2.120M units. More normal Winter temperatures returned last month after the record warmth of January. Consensus [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Mar 16 2006
CPI Eased: Energy Prices Lower
The February consumer price index (CPI-U) rose an expected 0.1% on the heels of the 0.7% spurt during January. Price declines for most fuels dragged energy prices lower by 1.2%. Natural gas prices fell 4.5% (+26.8% y/y) and fuel oil [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Mar 16 2006
Philadelphia Fed Business Activity Index Off
The March Philadelphia Fed Index of General Business Conditions in the manufacturing sector gave back 3.1 points of the 12.1 point improvement last month. The decline to 12.3 compared to Consensus expectations for a lesser decline to [...]
by:Tom Moeller
|in:Economy in Brief
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