Total retail sales fell 0.3% last month following an upwardly revised 1.3% September rise, initially reported as 1.1%. A 0.1% downtick in October sales was expected according to Action Economics. Excluding autos, retail sales also [...]
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 14 2012
U.S. Retail Sales Decline With Fewer Vehicle Purchases
by:Tom Moeller
|in:Economy in Brief
Global| Nov 14 2012
U.S. Retail Sales Decline With Fewer Vehicle Purchases
Total retail sales fell 0.3% last month following an upwardly revised 1.3% September rise, initially reported as 1.1%. A 0.1% downtick in October sales was expected according to Action Economics. Excluding autos, retail sales also [...]
by:Tom Moeller
|in:Economy in Brief
Global| Nov 13 2012
U.S. Budget Deficit Deepens
The Federal Government budget deficit deepened to $120.0B during October of FY13 versus $98.5B last fiscal year. The deeper deficit was paced by a 16.4% y/y increase in outlays which was greater than the 13.0% y/y rise in revenues. [...]
by:Tom Moeller
|in:Economy in Brief
Global| Nov 13 2012
U.S. Chain Store Sales Soften
There's been some w/w stability in chain store sales of late. Nevertheless, the 0.7% uptick in last week's sales left the November average 3.5% below July. During the last ten years there has been a 72% correlation between the y/y [...]
by:Tom Moeller
|in:Economy in Brief
Global| Nov 13 2012
U.S. Small Business Optimism Improves M/M, But Worries Persist
The National Federation of Independent Business indicated that its October Index of Small Business Optimism improved to 93.1 from 92.9 in September. While the figure was well above the recession low, it remained depressed versus past [...]
by:Tom Moeller
|in:Economy in Brief
Global| Nov 09 2012
U.S. Consumer Sentiment Surges Again
The University of Michigan's Index of Consumer Sentiment for mid-November jumped to 84.9 (33.3% y/y) from an unrevised 82.6 in October. The latest figure was the highest since July 2007 and beat expectations for 83.0. During the last [...]
by:Tom Moeller
|in:Economy in Brief
Global| Nov 09 2012
U.S. Import Prices Again Pushed Higher By Petroleum
Higher petroleum costs raised U.S. import prices by another 1.5% last month following an unrevised 1.1% September increase. Higher petroleum prices led the rise with a strong 1.3% gain (1.9% y/y). The Action Economics survey looked [...]
by:Tom Moeller
|in:Economy in Brief
Global| Nov 09 2012
U.S. Import Prices Again Pushed Higher By Petroleum
Higher petroleum costs raised U.S. import prices by another 1.5% last month following an unrevised 1.1% September increase. Higher petroleum prices led the rise with a strong 1.3% gain (1.9% y/y). The Action Economics survey looked [...]
by:Tom Moeller
|in:Economy in Brief
Global| Nov 08 2012
U.S. JOLTS: Job Openings Rate Slips
The Bureau of Labor Statistics reported Tuesday in its Job Openings & Labor Turnover Survey (JOLTS) that the September job openings rate slipped to 2.6% from a revised 2.7%. It still was improved versus the recession low of 1.6%. The [...]
by:Tom Moeller
|in:Economy in Brief
Global| Nov 08 2012
U.S. Initial Jobless Insurance Depressed by Hurricane Sandy
Hurricane Sandy closed offices and created power shortages that left individuals unable to file claims for unemployment insurance. Initial jobless insurance claims fell to 355,000 in the week ended November 3 from 363,000 the week [...]
by:Tom Moeller
|in:Economy in Brief
Global| Nov 07 2012
U.S. Job Market Continues To Improve
Nonfarm payrolls grew 171,000 during October following revised gains of 148,000 and 192,000 during the prior two months, earlier reported as 114,000 and 142,000, respectively. A 121,000 increase was expected. Moderate job gains [...]
by:Tom Moeller
|in:Economy in Brief
Global| Nov 05 2012
U.S. ISM Nonmanufacturing Index Weakens Slightly
The Composite Index for the service and construction sectors from the Institute for Supply Management (ISM) fell to 54.2 last month from an unrevised 55.1 during September. The figure compared to Consensus expectations for 54.5. Since [...]
by:Tom Moeller
|in:Economy in Brief
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