The U.S. trade deficit in goods and services fell to $46.20 billion during April............. The international trade data can be found in Haver's USECON database. Detailed figures are available in the USINT database. The expectations [...]
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| Jul 06 2018U.S. Trade Deficit Declines Modestly
by:Tom Moeller
|in:Economy in Brief
The job market remained firm during June. Nonfarm payrolls increased 213,000 (1.6% y/y) following a 244,000 May rise and a 175,000 April gain. Together, payrolls during these two months were revised up by 37,000. A 191,000 rise in [...]
by:Tom Moeller
|in:Economy in Brief
The job market remained firm during June. Nonfarm payrolls increased 213,000 (1.6% y/y) following a 244,000 May rise and a 175,000 April gain. Together, payrolls during these two months were revised up by 37,000. A 191,000 rise in [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 05 2018
U.S. ISM Nonmanufacturing Index Strengthens
Business activity in the service sector is strong. The Composite Index of Nonmanufacturing Sector Activity from the Institute for Supply Management (ISM) rose to 59.1 during June from an unrevised 58.6 in May. It was the highest level [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 05 2018
U.S. ADP Private Payroll Growth Eases
The ADP/Moody's National Employment Report indicated that private nonfarm payrolls increased 177,000 (1.8% y/y) during June following a 189,000 May gain, revised from 178,000. A 185,000 rise had been expected in the Action Economics [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 03 2018
U.S. Gasoline Prices Remain Elevated; Crude Oil Prices Strengthen
Retail gasoline prices improved to $2.84 per gallon last week (25.8% y/y) from $2.83 per gallon during the prior week. Haver Analytics constructs factors adjusting for the seasonal variation in gasoline pump prices. The seasonally- [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 03 2018
U.S. Light Vehicle Sales Improve
Total sales of light vehicles increased 3.3% during June (4.6% y/y) to 17.47 million units (SAAR) and recovered declines during the prior two months, according to the Autodata Corporation. Nevertheless, the increase left sales 5.9% [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 03 2018
U.S. Factory Orders Rebound; Shipments Improve
Business activity in the factory sector is humming. Manufacturers' orders increased 0.4% during May (9.2% y/y) following a 0.4% April decline, revised from -0.8%. Manufacturing shipments rose 0.6% (7.3% y/y) after a 0.1% April gain. [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 03 2018
U.S. Gasoline Prices Remain Elevated; Crude Oil Prices Strengthen
Retail gasoline prices improved to $2.84 per gallon last week (25.8% y/y) from $2.83 per gallon during the prior week. Haver Analytics constructs factors adjusting for the seasonal variation in gasoline pump prices. The seasonally- [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 02 2018
ISM Factory Sector Index Improves; Pricing Power Eases
The factory sector expansion continues in the U.S. The ISM composite index of activity in the factory sector rose to 60.2 during June from May's unrevised 58.7. It was the highest index level since February. A reading of 58.5 had been [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 01 2018
PUT NEW TT HERE
PREVIOUS DATA Total sales of light vehicles declined 1.5% during May (+0.7% y/y) to 16.91 million units (SAAR)............. U.S. vehicle sales figures can be found in Haver's USECON database. Light Weight Vehicle Sales (SAAR, Million [...]
by:Tom Moeller
|in:Economy in Brief
The Chicago Purchasing Managers Business Barometer increased to 64.1 during June from May's unrevised 62.7. It was the highest level since January, continuing its sharply rising trend during the last three years. The Action Economics [...]
by:Tom Moeller
|in:Economy in Brief
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