• Oil prices improve again. • Nonoil prices increase steadily. Import prices increased 0.7% (-3.3% y/y) during July following an unrevised 1.4% June gain. A 0.5% rise had been expected in the Action Economics Forecast Survey. During [...]
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| Aug 13 2020
U.S. Import & Export Prices Continue to Strengthen in July
by:Tom Moeller
|in:Economy in Brief
Global| Aug 12 2020
U.S. Government Budget Deficit Shrinks in July
• Monthly budget deficit pulls fiscal YTD deficit to $2.807 trillion. • Receipts weaken while outlays surge. The U.S. Treasury Department reported that the federal government ran a $63.0 billion budget deficit last month, compared to [...]
by:Tom Moeller
|in:Economy in Brief
Global| Aug 12 2020
U.S. Consumer Price Index Increase Exceeds Expectations in July
• Core goods & services pricing power firms. • Energy prices continue to strengthen. • Food prices ease. Pricing power at the retail level picked up last month as economic activity overall recovered in the spring. The Consumer Price [...]
by:Tom Moeller
|in:Economy in Brief
Global| Aug 11 2020
U.S. Producer Prices Unexpectedly Post Broad-Based Rebound in July
• Prices less food & energy rise after three straight monthly declines. • Energy prices are strong while food costs slip. • Core goods prices strengthen; services prices rebound. Pricing power in the industrial sector improved last [...]
by:Tom Moeller
|in:Economy in Brief
Global| Aug 11 2020
U.S. Gasoline Prices Ease; Other Energy Prices Strengthen
• Gasoline prices slip marginally. • Crude oil prices improve. • Natural gas prices touch eight-month high. Regular gasoline prices fell to $2.17 per gallon (-17.5% y/y) in the week ended August 10, down one penny from the prior week. [...]
by:Tom Moeller
|in:Economy in Brief
Global| Aug 10 2020
U.S. JOLTS: Job Market Continues to Improve in June
• Job openings are more numerous. • Hiring expands. • Layoffs are steady while quits rise. The Bureau of Labor Statistics reported that the total job openings rate rose to 4.1% during June, the highest level since February and up from [...]
by:Tom Moeller
|in:Economy in Brief
Global| Aug 07 2020
U.S. Consumer Credit Usage Increases
• Nonrevolving borrowing usage jumps again. • Charge card balances shrink. Consumers are spending more on credit. Consumer credit outstanding increased $9.0 billion during June following a $14.4 billion May decline, revised from [...]
by:Tom Moeller
|in:Economy in Brief
Global| Aug 07 2020
U.S. Consumer Credit Usage Increases
• Nonrevolving borrowing usage jumps again. • Charge card balances shrink. Consumers are spending more on credit. Consumer credit outstanding increased $9.0 billion during June following a $14.4 billion May decline, revised from [...]
by:Tom Moeller
|in:Economy in Brief
Global| Aug 07 2020
U.S. Employment Growth Moderates in July; Earnings Rise Modestly & Jobless Rate Declines
• Rise in jobs slows after bounce-back from coronavirus outbreak. • Earnings improve modestly. • Unemployment rate declines to four-month low. The labor market continues to improve. Nonfarm payroll employment increased 1.763 million [...]
by:Tom Moeller
|in:Economy in Brief
Global| Aug 07 2020
U.S. Employment Growth Moderates in July; Earnings Rise Modestly & Jobless Rate Declines
• Rise in jobs slows after recovering from coronavirus outbreak. • Earnings improve modestly. • Unemployment rate declines to four-month low. The labor market continues to improve. Nonfarm payroll employment increased 1.763 million in [...]
by:Tom Moeller
|in:Economy in Brief
Global| Aug 07 2020
U.S. Employment Growth Moderates in July; Earnings Rise Modestly & Jobless Rate Declines
• Rise in jobs slows after recovering from coronavirus outbreak. • Earnings improve modestly. • Unemployment rate declines to four-month low. The labor market continues to improve. Nonfarm payroll employment increased 1.763 million in [...]
by:Tom Moeller
|in:Economy in Brief
Global| Aug 06 2020
U.S. Initial Claims for Jobless Insurance Benefits Decline Sharply
• Initial claims for state unemployment benefits fall to four-month low. • Continuing claims for state programs also ease. • Insured unemployment rate declines to four-month low. Initial claims for unemployment insurance declined to [...]
by:Tom Moeller
|in:Economy in Brief
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