The U.S. foreign trade deficit improved to $33.4 billion during November compared to a revised $39.3 billion in October, last month reported as $40.6 billion. The November deficit was the lowest since October 2009. A $40.0 billion [...]
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| Jan 07 2014U.S. Trade Deficit Narrows Sharply To Lowest Since 2009
by:Tom Moeller
|in:Economy in Brief
- Global| Jan 06 2014
U.S. New and Unfilled Factory Orders Continue To Show Strength
Orders to all manufacturers matched expectations and jumped 1.8% (4.9% y/y) during November, reaching a new expansion high. The gain was powered by a little-revised 3.4% surge in durable goods orders, led by higher aircraft orders. [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jan 06 2014
U.S. ISM Nonmanufacturing Index Slips Further Though Orders Crater
The Composite Index for the service and construction sectors from the Institute for Supply Management (ISM) fell during December to 53.0 after a sharp November decline to 53.9. The latest fell short of consensus expectations for [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jan 03 2014
U.S. Vehicle Sales Show Full-Year Strength but Edge Lower At Year-End
Stronger employment and income powered unit motor vehicle sales during all of last year to 15.55 million units. It was the highest level since 2007 and up 7.3% from 2012, according to the Autodata Corporation. During December, unit [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jan 03 2014
New York State Expected Business Conditions and Prices Improve
The Institute for Supply Management reported that expectations for business conditions in New York State improved last month to the highest level since January 2011. The diffusion index level rose to 73.2 from 69.6 in November and [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jan 02 2014
U.S. Construction Spending Advances Further
The value of construction put-in-place gained 1.0% in November (5.9% y/y) following a little-revised 0.9% October rise. A 0.6% increase in building activity had been expected. The September increase of 1.4% was revised up [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jan 02 2014
U.S. ISM Index Slips M/M Yet Remains Near Recovery High
Last year closed out with firmness in the factory sector. The Composite Index of Manufacturing Sector Activity from the Institute for Supply Management slipped to 57.0 during December from an unrevised 57.3 in November. Nevertheless, [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jan 02 2014
U.S. Initial Unemployment Insurance Claims Fall to Five-Week Low
Labor market improvement was in evidence as 2013 came to a close. Initial claims for unemployment insurance slipped to 339,000 during the week ended December 28 from 341,000 in the prior week, revised from 338,000. It was the lowest [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Dec 24 2013
U.S. Durable Goods Orders Show Broad-Based Strength
Strength in the factory sector is gaining momentum. Orders for durable goods jumped 3.5% (10.9% y/y) last month following a 0.7% October slip, revised from the initial report of a 2.0% decline. A 21.8% surge (63.9% y/y) in orders for [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Dec 24 2013
U.S. Petroleum Prices Improve
The price for a gallon of regular gasoline prices recovered to $3.27 (0.4% y/y) last week but remained down versus the $3.78 per gallon peak reached late in February. Much of the decline versus last year reflects less driving this [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Dec 24 2013
U.S. New Home Sales Dip But Prices Strengthen
New home sales during November slipped 2.1% to 464,000 (+16.6% y/y) although sales during the prior two months were revised sharply higher. The latest figure beat expectations for 450,000 sales in the Action Economics Forecast Survey. [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Dec 23 2013
U.S. Chicago Fed National Activity Index Reaches Twelve-Month High
The Chicago Federal Reserve reported that its National Activity Index (CFNAI) jumped to 0.60 last month from -0.07 during October. The latest level was the highest reached since November of 2012. As a result of the monthly gain, the [...]
by:Tom Moeller
|in:Economy in Brief
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