Import prices fell 0.1% during June (-10.0% y/y) following a 1.2% jump during May, revised from 1.3%. The Action Economics Forecast Survey anticipated a 0.2% rise. Prices of petroleum imports increased 0.8% (-41.3% y/y) following an [...]
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 14 2015
U.S. Import Prices Ease As Nonpetroleum Costs Fall Further
by:Tom Moeller
|in:Economy in Brief
Global| Jul 14 2015
U.S. Retail Sales Disappoint With Broad-Based Decline
Overall retail sales including food services & drinking places during June declined 0.3% (2.9% y/y) following downwardly revised readings of 1.0% and no change during May and April, earlier reported as 1.2% and 0.2%. The June decline [...]
by:Tom Moeller
|in:Economy in Brief
Global| Jul 13 2015
U.S. Budget Surplus Lowers the Deficit Year-to-Date
The Federal Government reported a $51.8 billion budget surplus during June compared to a $70.5 billion surplus during June of 2014. A $41.0 billion surplus had been expected in the Action Economics Forecast Survey. For the first nine [...]
by:Tom Moeller
|in:Economy in Brief
Global| Jul 10 2015
U.S. Wholesale Inventory Accumulation Strengthens
Inventories at the wholesale level increased 0.8% during May (5.0% y/y) following an unrevised 0.4% April gain. The rise was paced by a 4.4% jump (-16.7% y/y) in petroleum inventories which followed a 3.1% April increase. There also [...]
by:Tom Moeller
|in:Economy in Brief
Global| Jul 10 2015
U.S. Home Affordability Is Lessened By Higher Prices
The National Association of Realtors Composite Index of Home Affordability declined 3.7% during May to 159.7 (-0.9% y/y), down for the fourth consecutive month. The decline was driven by a 4.7% rise in home prices which have increased [...]
by:Tom Moeller
|in:Economy in Brief
Global| Jul 09 2015
U.S. Initial Claims for Unemployment Insurance Reach Five-Month High
Initial unemployment insurance claims increased to 297,000 (-5.9% y/y) during the week ended July 4 from 282,000 during the prior week, revised from 281,000. The four week moving average rose to 279,500, the highest level since early- [...]
by:Tom Moeller
|in:Economy in Brief
Global| Jul 08 2015
U.S. Consumer Borrowing Usage Eases
Consumer credit outstanding increased $16.1 billion during May following a $21.4 billion rise during April, initially reported as $20.5 billion. It was the smallest increase in three months. Expectations were for an $18.5 billion [...]
by:Tom Moeller
|in:Economy in Brief
Global| Jul 08 2015
U.S. Mortgage Loan Applications Increase While Interest Rates Slip
The Mortgage Bankers Association reported that its total Mortgage Market Volume Index increased 4.6% last week (22.4% y/y). Purchase applications improved 6.6% (31.6% y/y). Applications to refinance gained 2.7% (13.7% y/y). The [...]
by:Tom Moeller
|in:Economy in Brief
Global| Jul 07 2015
U.S. Trade Deficit Deepens Slightly
The U.S. foreign trade deficit in goods and services during May grew to $41.9 billion from $40.7 billion in April, revised from $40.9 billion. A deficit of $42.0 billion had been expected in the Action Economics Forecast Survey. In [...]
by:Tom Moeller
|in:Economy in Brief
Global| Jul 07 2015
U.S. Trade Deficit Deepens Slightly
The U.S. foreign trade deficit in goods and services during May grew to $41.9 billion from $40.7 billion in April, revised from $40.9 billion. A deficit of $42.0 billion had been expected in the Action Economics Forecast Survey. In [...]
by:Tom Moeller
|in:Economy in Brief
Global| Jul 07 2015
U.S. Trade Deficit Deepens Slightly
The U.S. foreign trade deficit in goods and services during May grew to $41.9 billion from $40.7 billion in April, revised from $40.9 billion. A deficit of $42.0 billion had been expected in the Action Economics Forecast Survey. In [...]
by:Tom Moeller
|in:Economy in Brief
Global| Jul 07 2015
U.S. JOLTS: Job Openings Rate Remains Steady; Hiring Dips
The job openings rate during May held steady at 3.6% as April's rate was revised lower from 3.7%. Both remained improved from the recession low of 1.6%. The latest was just below the series' high of 3.8% in January 2001. The job [...]
by:Tom Moeller
|in:Economy in Brief
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