Consumer prices increased 0.2% (2.5% y/y) during April following a 0.1% March slip. A 0.3% increase had been expected in the Action Economics Forecast Survey. The CPI excluding food & energy improved 0.1% (2.1% y/y) after two months [...]
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| May 10 2018
U.S. CPI Rebounds; Core Price Increase Moderates
by:Tom Moeller
|in:Economy in Brief
Global| May 09 2018
U.S. Wholesale Inventories & Sales Growth Slows
Wholesale trade inventories increased 0.3% (5.8 y/y) during March following a 0.9% February gain, revised from 1.0%. The March rise matched the increase reported in the advance report released on April 26 and also was below market [...]
by:Tom Moeller
|in:Economy in Brief
Global| May 09 2018
U.S. Producer Prices Rise Minimally
The headline Final Demand Producer Price Index using new methodology edged 0.1% higher (2.6% y/y) during April following an unrevised 0.3% rise in March. A 0.2% increase had been expected in the Action Economics Forecast Survey. The [...]
by:Tom Moeller
|in:Economy in Brief
Global| May 08 2018
U.S. JOLTS: Job Openings Rate Improves; Hires Stabilize
The Bureau of Labor Statistics reported that the total job openings rate increased to 4.2% in March from an unrevised 3.9% in February. (The job openings rate is the job openings level as a percent of total employment plus the job [...]
by:Tom Moeller
|in:Economy in Brief
Global| May 08 2018
U.S. Small Businesses Optimism Is Little Changed; Prices Ease
The National Federation of Independent Business (NFIB) indicated that its Small Business Optimism Index stood at 104.8 for April, 104.7 in March and was fairly stable y/y. The level of optimism hit a 35-year high in February. A net [...]
by:Tom Moeller
|in:Economy in Brief
Global| May 07 2018
U.S. Consumer Credit Usage Slackens
Consumer credit outstanding increased $11.62 billion (5.0% y/y) during March following a $13.63 billion February rise, revised from $10.61 billion. It was the weakest monthly increase in six months. A $16.0 billion rise had been [...]
by:Tom Moeller
|in:Economy in Brief
Global| May 04 2018
U.S. Payroll Growth Remains Subdued; Wage Growth & Jobless Rate Ease
The job market continued to lose its vibrancy during April. Nonfarm payrolls rose 164,000 (1.6% y/y) following a 135,000 March gain and a 324,000 February increase. Together, these two figures were revised up by 30,000. A 190,000 [...]
by:Tom Moeller
|in:Economy in Brief
Global| May 04 2018
U.S. Payroll Growth Remains Subdued; Wage Growth & Jobless Rate Ease
The job market continued to lose its vibrancy during April. Nonfarm payrolls rose 164,000 (1.6% y/y) following a 135,000 March gain and a 324,000 February increase. Together, these two figures were revised up by 30,000. A 190,000 [...]
by:Tom Moeller
|in:Economy in Brief
Global| May 04 2018
U.S. Payroll Growth Remains Subdued; Wage Growth & Jobless Rate Ease
The job market continued to lose its vibrancy during April. Nonfarm payrolls rose 164,000 (1.6% y/y) following a 135,000 March gain and a 324,0000 February increase. Together, these two figures were revised up by 30,000. A 190,000 [...]
by:Tom Moeller
|in:Economy in Brief
Global| May 03 2018
U.S. ISM Nonmanufacturing Index Declines
The pace of business activity in the service sector continues to moderate. The Composite Index of Nonmanufacturing Sector Activity from the Institute for Supply Management (ISM) fell to 56.8 during April from an unrevised 58.8 in [...]
by:Tom Moeller
|in:Economy in Brief
Global| May 03 2018
U.S. Trade Deficit Narrows Sharply
The U.S. trade deficit in goods and services declined to $48.96 billion during March from $57.74 billion in February, revised from $57.6 billion. It was the narrowest deficit in six months. A $52.3 billion deficit had been expected in [...]
by:Tom Moeller
|in:Economy in Brief
Global| May 02 2018
FOMC Leaves Fed Funds Target Unchanged
At today's meeting of the Federal Open Market Committee, the federal funds rate target was held constant in a range between 1.50% and 1.75%. The financial markets had expected today's action as indicated in the Action Economics [...]
by:Tom Moeller
|in:Economy in Brief
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