The International Council of Shopping Centers and Goldman Sachs reported that chain store sales slipped 0.6% last week (+1.9% y/y). They began this month 0.4% below the October average after falling 0.8% during all of that month. [...]
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| Nov 05 2013
U.S. Chain Store Sales Remain on a Weak Footing
by:Tom Moeller
|in:Economy in Brief
Global| Nov 05 2013
U.S. Energy Prices Continue Downward
The price for a gallon of regular gasoline fell another 2 cents last week to $3.27 (-6.5% y/y), hitting the lowest level since the fourth week of December last year, down from the $3.78 per gallon peak reached late in February. Haver [...]
by:Tom Moeller
|in:Economy in Brief
Global| Nov 04 2013
U.S. Factory Sector Orders and Inventories Improve
Orders in the manufacturing sector jumped 1.7% (3.0% y/y) during September following two months of decline. Expectations were for a 1.6% rise. Durable goods orders increased 3.8% (7.8% y/y), little changed from last week's advance [...]
by:Tom Moeller
|in:Economy in Brief
Global| Nov 04 2013
U.S. Vehicle Sales Are Off Highs, But Up Year-to-Year
Unit sales of light motor vehicles last month edged 0.3% lower (+5.8% y/y) versus September to 15.23 million (SAAR), according to the Autodata Corporation. The latest level of sales compares to the August peak of 16.09 million. Light [...]
by:Tom Moeller
|in:Economy in Brief
Global| Nov 01 2013
U.S. ISM Index Nudges Higher While Prices Index Slips
October was a constructive month for the manufacturing sector. The Composite Index of Manufacturing Sector Activity from the Institute for Supply Management ticked up to 56.4 from an unrevised 56.2 in September. The latest reading was [...]
by:Tom Moeller
|in:Economy in Brief
Global| Oct 31 2013
U.S. Initial Unemployment Insurance Filings Slip
Initial claims for unemployment insurance fell to 340,000 (-7.4% y/y) during the week ended October 26 from an unrevised 350,000 during the prior week. The Labor Department indicated that no claims were due to a processing [...]
by:Tom Moeller
|in:Economy in Brief
Global| Oct 31 2013
MNI Chicago Index Jumps to Highest Level in Nearly Three Years
Factory sector activity in the Midwest region heated up this month. The MNI Chicago Report business barometer for October jumped to 65.9, its highest level since March of 2011. Expectations in the Action Economics Forecast Survey were [...]
by:Tom Moeller
|in:Economy in Brief
Global| Oct 31 2013
U.S. Initial Unemployment Insurance Filings Slip
Initial claims for unemployment insurance fell to 340,000 (-7.4% y/y) during the week ended October 26 from an unrevised 350,000 during the prior week. The Labor Department indicated that no claims were due to a processing [...]
by:Tom Moeller
|in:Economy in Brief
Global| Oct 30 2013
FOMC Reaffirms the Need to Maintain An Easy-Money Posture
At today's meeting of the Federal Open Market Committee, the Fed elected to continue purchasing $85 billion per month of agency mortgage-backed and Treasury securities. It "reaffirmed its view that a highly accommodative stance of [...]
by:Tom Moeller
|in:Economy in Brief
Global| Oct 30 2013
U.S. Business Inventories Rise Moderately
Total business inventories increased 0.3% during August (3.1% y/y) following a 0.4% July rise. The figure was accompanied by a 0.3% gain (4.2% y/y) in business sales which came after a 0.6% July increase. As a result, the inventory- [...]
by:Tom Moeller
|in:Economy in Brief
Global| Oct 30 2013
U.S. Mortgage Loan Applications Recover as Interest Rates Fall
The Mortgage Bankers Association reported that their total mortgage market index jumped 6.4% last week but still was down 40.1% year-to-year. Home purchase mortgage applications increased 2.3% last week (-0.4% y/y) but remained 16.4% [...]
by:Tom Moeller
|in:Economy in Brief
Global| Oct 30 2013
U.S. Consumer Prices Rise Modestly
The September consumer price index matched expectations and increased 0.2% (1.5% y/y). That followed an unrevised 0.1% uptick during August. Prices excluding food and energy again rose a minimal 0.1% (1.7% y/y) and contrasted with [...]
by:Tom Moeller
|in:Economy in Brief
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