The U.S. trade deficit in goods and services declined to $52.45 billion in September from a little-revised $55.04 billion in August. A $52.5 billion deficit had been expected in the Action Economics Forecast Survey. Exports eased 0.9% [...]
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 05 2019
U.S. Trade Deficit Narrows; Exports & Imports Decline
by:Tom Moeller
|in:Economy in Brief
Global| Nov 05 2019
U.S. JOLTS: Job Openings Decline as Hiring Steadies
The Bureau of Labor Statistics reported that the total job openings rate fell to 4.4% during September from 4.6% in August, revised from 4.4%. It remained below the 4.8% record in January. The job openings rate is the job openings [...]
by:Tom Moeller
|in:Economy in Brief
Global| Nov 05 2019
U.S. Trade Deficit Narrows; Exports & Imports Decline
The U.S. trade deficit in goods and services declined to $52.45 billion in September from a little-revised $55.04 billion in August. A $52.5 billion deficit had been expected in the Action Economics Forecast Survey. Exports eased 0.9% [...]
by:Tom Moeller
|in:Economy in Brief
Global| Nov 04 2019
U.S. Factory Sector Activity Weakens and Inventories Rise
Factory orders fell 0.6% (-3.5%) in September following an unrevised 0.1% August dip. A 0.5% decline had been expected in the Action Economics Forecast Survey. Orders for durable goods fell 1.2% (-5.5% y/y), revised from the advance [...]
by:Tom Moeller
|in:Economy in Brief
Global| Nov 01 2019
U.S. Light Vehicle Sales Weaken
The market for new motor vehicles softened last month. The Autodata Corporation reported that sales of light vehicles during October declined 3.8% (-4.9% y/y) to 16.58 million units (SAAR) from 17.23 million during September. It was [...]
by:Tom Moeller
|in:Economy in Brief
Global| Nov 01 2019
U.S. Payrolls Rise Despite GM Strike; Wages & Jobless Rate Increase
Job growth moderated during October, but a strike at GM and a hefty drop in temporary Census workers accounted for much of the slowdown. Nonfarm payrolls increased 128,000 (1.4% y/y) during October following a 180,000 September gain, [...]
by:Tom Moeller
|in:Economy in Brief
Global| Nov 01 2019
U.S. Payrolls Rise Despite GM Strike; Wages & Jobless Rate Increase
Job growth moderated during October, but a strike at GM accounted for much of the slowdown. Nonfarm payrolls increased 128,000 (1.4% y/y) during October following a 180,000 September gain, revised from 136,000. August's increase also [...]
by:Tom Moeller
|in:Economy in Brief
Global| Oct 31 2019
Chicago Purchasing Managers Index Collapses
The Chicago Business Barometer fell sharply to 43.2 during October from 47.1 in September. It was the fourth reading in the last five months below the break-even point of 50 and left the index at the lowest level since December 2015. [...]
by:Tom Moeller
|in:Economy in Brief
Global| Oct 31 2019
U.S. Personal Spending and Earnings Increase
Consumers remain in a mood to spend. Personal consumption expenditures improved 0.2% (3.9% y/y) during September, the same as in August which was revised from 0.1%. A 0.3% gain had been expected in the Action Economics Forecast [...]
by:Tom Moeller
|in:Economy in Brief
Global| Oct 30 2019
FOMC Lowers Interest Rates Again
The Federal Reserve lowered the target for the Fed Funds rate by 25 basis points to a range of 1.50% to 1.75% at today's FOMC meeting. It was the third cut this year from a top range of 2.25% to 2.50%. The move reduced the rate to its [...]
by:Tom Moeller
|in:Economy in Brief
Global| Oct 30 2019
U.S. GDP Growth Dips As Demand Growth Weakens
Economic growth eased during Q3'19 to 1.9% from 2.0% in the second quarter. A 1.5% rise had been expected in the Action Economics Forecast Survey. The slowdown lowered growth over the last four quarters to 2.0%, its weakest since the [...]
by:Tom Moeller
|in:Economy in Brief
Global| Oct 29 2019
U.S. Pending Home Sales Strengthen
The National Association of Realtors (NAR) reported that U.S. pending home sales rose 1.5% (3.9% y/y) during September following a 1.4% August increase. The index level of sales increased to 108.7, the highest level since December [...]
by:Tom Moeller
|in:Economy in Brief
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