• The foreign trade deficit in goods and services fell significantly. • Imports fell sharply while exports slipped. The U.S. trade deficit in goods and services narrowed to $39.93 billion in February from $45.48 billion in January, [...]
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| Apr 02 2020
U.S. Trade Deficit Continued to Narrow in February
by:Tom Moeller
|in:Economy in Brief
Global| Apr 02 2020
U.S. Trade Deficit Continued to Narrow in February
• The foreign trade deficit in goods and services fell significantly. • Imports fell sharply while exports slipped. The U.S. trade deficit in goods and services narrowed to $39.93 billion in February from $45.48 billion in January, [...]
by:Tom Moeller
|in:Economy in Brief
Global| Apr 02 2020
U.S. Trade Deficit Continued to Narrow in February
• The foreign trade deficit in goods and services fell significantly. • Imports fell sharply while exports slipped. The U.S. trade deficit in goods and services narrowed to $39.93 billion in February from $45.48 billion in January, [...]
by:Tom Moeller
|in:Economy in Brief
Global| Apr 01 2020
ISM Manufacturing Index Weakens in March
• Broad-based component declines led by fewer new orders. • Pricing power falls sharply. • Most readings move below the break-even level of 50. Activity in the factory sector weakened just slightly last month despite the onset of the [...]
by:Tom Moeller
|in:Economy in Brief
Global| Apr 01 2020
U.S. ADP Private Payrolls Decline as Coronavirus Effects Begin
• Labor market weakness gets underway in March. • Service-sector employment declines, particularly in small businesses. The ADP National Employment Report indicated that nonfarm private payrolls during March fell 27,000 (+1.3% y/y) [...]
by:Tom Moeller
|in:Economy in Brief
Global| Apr 01 2020
U.S. ADP Private Payrolls Decline as Coronavirus Effects Begin
• Labor market weakness gets underway in March. • Service-sector employment declines, particularly in small businesses
by:Tom Moeller
|in:Economy in Brief
Global| Apr 01 2020
U.S. ADP Private Payrolls Decline as Coronavirus Effects Begin
• Labor market weakness gets underway in March. • Service-sector employment declines, particularly in small businesses
by:Tom Moeller
|in:Economy in Brief
Global| Mar 31 2020
U.S. Consumer Confidence Declines Sharply in March as Expectations Erode
The Conference Board's Index of Consumer Confidence declined 9.5% (-3.4% y/y) during March to a level of 120.0 following a 1.7% February gain, revised from 0.2%. A decline to an index level of 114.8 had been expected in the Action [...]
by:Tom Moeller
|in:Economy in Brief
Global| Mar 31 2020
U.S. Energy Product Prices Continue to Slide
Retail gasoline prices declined to $2.00 per gallon (-25.5% y/y) in the week ended March 30 from $2.12 per gallon in the previous week. Prices remained below their May 2019 peak of $2.90 per gallon. Haver Analytics adjusts the [...]
by:Tom Moeller
|in:Economy in Brief
Global| Mar 31 2020
U.S. Consumer Confidence Declines Sharply in March as Expectations Erode
The Conference Board's Index of Consumer Confidence declined 9.5% (-3.4% y/y) during March to a level of 120.0 following a 1.7% February gain, revised from 0.2%. A decline to an index level of 114.8 had been expected in the Action [...]
by:Tom Moeller
|in:Economy in Brief
Global| Mar 30 2020
Texas Factory Activity Collapses
The Federal Reserve Bank of Dallas reported in its Texas Manufacturing Outlook Survey that the General Business Activity Index weakened to -70.0 this month from 1.2 in February. The decline mirrored the readings from other regional [...]
by:Tom Moeller
|in:Economy in Brief
Global| Mar 30 2020
U.S. Pending Home Sales Improve Ahead of Coronavirus
The National Association of Realtors (NAR) reported that pending home sales increased 2.4% in February (9.4% y/y) to the highest level since February 2017. Lower mortgage rates helped fuel the increase with the 15-year fixed-rate [...]
by:Tom Moeller
|in:Economy in Brief
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