Import prices eased 0.2% during August (-2,2% y/y) following an unrevised 0.1% July gain. The rise compared to expectations for no change in the Action Economics Forecast Survey. These figures are not seasonally adjusted. A 2.8% [...]
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| Sep 14 2016U.S. Import Prices Slip with Lower Fuel Costs; Export Prices Decline
by:Tom Moeller
|in:Economy in Brief
Global| Sep 13 2016U.S. Budget Deficit Deepens
The U.S. Treasury Department reported a Federal budget deficit of $107.1 billion during August. That compared to a $64.4 billion deficit in August of last year. A $100 billion deficit had been expected in the Action Economics Forecast [...]
by:Tom Moeller
|in:Economy in Brief
Global| Sep 13 2016U.S. Gasoline Prices Ease; Natural Gas Remains Firm
Regular gasoline prices fell to $2.20 per gallon (-7.3% y/y) last week following an easing to $2.23 during the week prior, according to the U.S. Department of Energy. Prices remained down versus a 2014 high of $3.71 per gallon. Haver [...]
by:Tom Moeller
|in:Economy in Brief
Global| Sep 13 2016U.S. Small Business Optimism Eases
The National Federation of Independent Business reported that its Small Business Optimism Index declined 0.2% during August to 94.4 following an unrevised 0.1% July uptick. Optimism remained down 5.9% versus its peak in December 2014. [...]
by:Tom Moeller
|in:Economy in Brief
Global| Sep 12 2016NABE Maintains Expectation for Moderate 2017 Economic Growth; 2016 Estimate Reduced
The National Association for Business Economics held steady its expectation for 2.3% real U.S. economic growth next year. This year's estimate was reduced again, however, to 1.5% from 1.8%, and from 2.6% projected in December. The [...]
by:Tom Moeller
|in:Economy in Brief
Global| Sep 02 2016U.S. Factory Orders Improve; Shipments Decline
Manufacturing sector orders increased 1.9% (-3.5% y/y) during July and reversed the prior month's 1.8% fall, revised from -1.5%. The rise reflected a 4.4% increase in orders for durable goods, which was unrevised from the advance [...]
by:Tom Moeller
|in:Economy in Brief
Global| Sep 02 2016U.S. Payroll Increase Weakens Significantly
Earlier strength in the job market subsided last month. Nonfarm payroll employment increased 151,000 (1.7% y/y) during August. That followed an upwardly revised 275,000 July rise, but June's gain was lessened to 271,000. A 180,000 [...]
by:Tom Moeller
|in:Economy in Brief
Global| Sep 02 2016U.S. Payroll Increase Weakens Significantly
Earlier strength in the job market subsided last month. Nonfarm payroll employment increased 151,000 (1.7% y/y) during August. That followed an upwardly revised 275,000 July rise, but June's gain was lessened to 271,000. A 180,000 [...]
by:Tom Moeller
|in:Economy in Brief
Global| Sep 02 2016U.S. Payroll Increase Weakens Significantly
Earlier strength in the job market subsided last month. Nonfarm payroll employment increased 151,000 (1.7% y/y) during August. That followed an upwardly revised 275,000 July rise, but June's gain was lessened to 271,000. A 180,000 [...]
by:Tom Moeller
|in:Economy in Brief
Global| Sep 01 2016U.S. Light Vehicle Sales Ease
Total sales of light vehicles during August declined 5.0% versus July (-4.5% y/y) to 16.98 million units (SAAR), and reversed most of July's increase. Sales fell in three of the last four months. Sales of light trucks declined 5.4% to [...]
by:Tom Moeller
|in:Economy in Brief
Global| Sep 01 2016Challenger Survey Reports a Decline in Layoff Announcements
The outplacement firm of Challenger, Gray & Christmas reported that job cut announcements during August dropped to 31,188 (-21.8% y/y) following July's increase to 45,346. Layoffs declined in the aerospace/defense, chemical, computer, [...]
by:Tom Moeller
|in:Economy in Brief
Global| Sep 01 2016U.S. Construction Activity Is Stable
The value of construction put-in-place remained little changed during July (+1.5% y/y) following a 0.9% June rise, revised from -0.6%. Despite the recent m/m stability, y/y growth in the value of construction activity has been [...]
by:Tom Moeller
|in:Economy in Brief
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