Housing starts in October fell 5.6% m/m to 2.014M units following an upwardly revised gain in September.The drop was to the lowest level since March and compared to Consensus expectations for a lesser decline to 2.06M starts. The 3.7% [...]
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| Nov 17 2005Housing Starts Down
by:Tom Moeller
|in:Economy in Brief
- Global| Nov 17 2005
Industrial Output Rebounded in October
Industrial output last month rebounded 0.9% following the effects of Hurricane's Katrina & Rita which lowered September output by a revised 1.5%. The increase about matched Consensus expectations for a 1.0% gain. Another sharp decline [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Nov 17 2005
Industrial Output Rebounded in October
Industrial output last month rebounded 0.9% following the effects of Hurricane's Katrina & Rita which lowered September output by a revised 1.5%. The increase about matched Consensus expectations for a 1.0% gain. Another sharp decline [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Nov 16 2005
Mortgage Applications Fell
The total number of mortgage applications fell 0.6% last week after a 2.3% gain the prior period, according to the Mortgage Bankers Association. The decline left the average level in November 4.4% below October. Applications to [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Nov 16 2005
U.S. Business Inventories Higher Again
Total business inventories in September added 0.5% to the prior month's 0.4% rise. The gains marked the strongest consecutive monthly increases since February & March yet they failed to reverse the decline in the ratio of inventories- [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Nov 16 2005
Home Heating Costs Lifted CPI
The 0.2% rise in the consumer price index (CPI-U) last month was stronger than Consensus expectations for no change in prices following the huge 1.2% spurt in September. Though energy prices declined, the fall was limited to 0.2% due [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Nov 16 2005
Home Heating Costs Lifted CPI
The 0.2% rise in the consumer price index (CPI-U) last month was stronger than Consensus expectations for no change in prices following the huge 1.2% spurt in September. Though energy prices declined, the fall was limited to 0.2% due [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Nov 15 2005
Empire State Index Back Up
The November Empire State Index of General Business Conditions in New York's manufacturing industries regained all of the prior month's decline and rose 10.7 points to 22.82, the highest level since August. Consensus expectations had [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Nov 15 2005
Chain Store Sales Backpedaled, Gas Prices Down
Chain store sales gave back last week about half of the prior period's strong gain and fell 0.6% according to the International Council of Shopping Centers (ICSC)-UBS survey. Nevertheless, the average level of sales in November [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Nov 15 2005
U.S. Retail Sales Dip
US retail sales dipped 0.1% last month as consumers shifted away from autos and spent elsewhere. The decline followed a little revised 0.3% September gain but compared favorably to Consensus expectations for a 0.6% decline because [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Nov 15 2005
PPI Up Another 0.7%, Core Prices Fell
The overall Producer Price Index rose another 0.7% last month on top of the 1.9% September spike. The latest by far exceeded Consensus expectations for no change in prices. The strength last month was led by a 12.3% (50.4% y/y) rise [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Nov 15 2005
PPI Up Another 0.7%, Core Prices Fell
The overall Producer Price Index rose another 0.7% last month on top of the 1.9% September spike. The latest by far exceeded Consensus expectations for no change in prices. The strength last month was led by a 12.3% (50.4% y/y) rise [...]
by:Tom Moeller
|in:Economy in Brief
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