The International Council of Shopping Centers and Goldman Sachs reported that chain store sales declined 2.0% (2.0% y/y) last week, retracing two weeks of increase. The rise left sales up 2.0% versus last year. During the last ten [...]
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 06 2014U.S. Chain Store Sales Retrace Earlier Gains
by:Tom Moeller
|in:Economy in Brief
- Global| May 06 2014
U.S. Gasoline and Crude Oil Prices Backpedal
The price for a gallon of regular gasoline declined to $3.68 last week (+4.1% y/y. The drop reversed the prior week's rise but prices still were not far from the $3.78 per gallon peak reached in February of last year. To account for [...]
by:Tom Moeller
|in:Economy in Brief
- Global| May 06 2014
U.S. Trade Deficit Improves Modestly
The U.S. foreign trade deficit during March matched expectations and narrowed to $40.4 billion versus a February shortfall of $41.9 billion, last month reported as $42.3 billion. The deficit's easing reflected a 2.1% increase (5.0% [...]
by:Tom Moeller
|in:Economy in Brief
- Global| May 05 2014
U.S. ISM Nonmanufacturing Index Improves Again
The Composite Index for the service and construction sectors from the Institute for Supply Management (ISM) rose to 55.2 in April, the second consecutive monthly gain. The latest figure beat expectations for 54.0 in the Action [...]
by:Tom Moeller
|in:Economy in Brief
- Global| May 05 2014
U.S. Factory Inventories Inch Higher
The Commerce Department reported Friday that inventories in the factory sector notched up 0.1% (2.6% y/y) during March, moderating from a 0.7% February rise. Transportation equipment inventories gained 0.7% (9.8% y/y) while, excluding [...]
by:Tom Moeller
|in:Economy in Brief
- Global| May 02 2014
New York State Expected Business Conditions Index Falls to Recovery Low
The Institute for Supply Management reported that their index for business conditions, six months hence, in New York State deteriorated in April to 58.8 from 65.6 in March. It was the lowest level of the economic recovery. (A level [...]
by:Tom Moeller
|in:Economy in Brief
Employers became more optimistic in April and boosted workforces by 288,000 following a 203,000 March rise, initially reported as 192,000. The rise was the strongest since January 2012 and easily outpaced expectations for a 210,000 [...]
by:Tom Moeller
|in:Economy in Brief
Employers became more optimistic in April and boosted workforces by 288,000 following a 203,000 March rise, initially reported as 192,000. The rise was the strongest since January 2012 and easily outpaced expectations for a 210,000 [...]
by:Tom Moeller
|in:Economy in Brief
Employers became more optimistic in April and boosted workforces by 288,000 following a 203,000 March rise, initially reported as 192,000. The rise was the strongest since January 2012 and easily outpaced expectations for a 210,000 [...]
by:Tom Moeller
|in:Economy in Brief
- Global| May 01 2014
U.S. Vehicle Sales Decline Modestly
According to the Autodata Corporation, unit sales of light vehicle sales during April were off 2.2% (+5.6% y/y) to 16.04 million (SAAR). That gave back just a piece of the 6.9% March rise, so sales remained near the highest level of [...]
by:Tom Moeller
|in:Economy in Brief
- Global| May 01 2014
U.S. Vehicle Sales Decline Modestly
According to the Autodata Corporation, unit sales of light vehicle sales during April were off 2.2% (+5.6% y/y) to 16.04 million (SAAR). That gave back just a piece of the 6.9% March rise, so sales remained near the highest level of [...]
by:Tom Moeller
|in:Economy in Brief
- Global| May 01 2014
Challenger U.S. Job Cut and Hiring Announcements Both Increase
The outplacement firm of Challenger, Gray & Christmas reported that job cut announcements rose to 40,298 (+5.7% y/y) during April. Layoffs increased m/m in the aerospace/defense, apparel, automotive, education, energy, financial, [...]
by:Tom Moeller
|in:Economy in Brief
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