Retail sales recovered last month following weak holiday spending. Retail sales rose 0.4% (5.8% y/y) during January after a revised no-change in December, initially reported as a 0.1% uptick. Consensus expectations had been for a 0.7% [...]
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| Feb 14 2012
U.S. Retail Sales Rise Despite Fewer Auto Purchases
by:Tom Moeller
|in:Economy in Brief
Global| Feb 13 2012
Forecasts For U.S. Growth & Inflation Are Subdued
The economic expansion is expected to continue into next year, but its growth rate will be at or below trend. That's indicated in the latest from the ASA/NBER Economic Outlook Survey of Professional Forecasters released on Friday. For [...]
by:Tom Moeller
|in:Economy in Brief
Global| Feb 10 2012
U.S. Consumer Sentiment Slips
The University of Michigan's Index of Consumer Sentiment for mid-February eased to 72.5. While the decline reversed half of January's increase, the latest was very-much improved versus six months ago. Consensus expectations were for [...]
by:Tom Moeller
|in:Economy in Brief
Global| Feb 10 2012
U.S. Trade Deficit Is Widest Since June As Imports Rise
An improving U.S. economy is taking in more imports. That's the indication behind a deeper U.S. foreign trade deficit during December, deeper for the second month in a row. The deficit rose to $48.8B from a revised $47.1B in November, [...]
by:Tom Moeller
|in:Economy in Brief
Global| Feb 09 2012
U.S. Wholesale Inventories & Sales are Strong Again
Inventories at the wholesale level jumped 1.0% (10.0% y/y) during December following no change in November. For all of last year inventories rose 10.0% following an 11.1% gain during 2010. Higher inventories of apparel (17.5% y/y), [...]
by:Tom Moeller
|in:Economy in Brief
Global| Feb 09 2012
U.S. Initial Jobless Insurance Claims Continue To Trend Lower
Signs of labor market improvement continue to be evident. Initial claims for unemployment insurance fell to 358,000 last week. The decline was from 373,000 during the week prior (revised from 367,000) and compared to Consensus [...]
by:Tom Moeller
|in:Economy in Brief
Global| Feb 08 2012
U.S. Mortgage Applications Rise Again With Refinancing Surge
The index of total mortgage applications rose 7.5% last week to 810.0 (March 16, 1990 = 100), nearly the highest since late 2010. The rise followed two weeks of moderate decline. Continuing to take advantage of low interest rates, [...]
by:Tom Moeller
|in:Economy in Brief
Global| Feb 08 2012
U.S. Consumer Credit Outstanding Surges, Again
Recent increases in consumers' sense of well-being have encouraged them to make more liberal use of credit. Reported late yesterday, consumer credit outstanding jumped another $19.3B during December after an unrevised $20.4B November [...]
by:Tom Moeller
|in:Economy in Brief
Global| Feb 07 2012
U.S. JOLTS: Job Openings Are Recovering
Another sign of economic improvement came in today's report that the December job openings rate improved to 2.5%, the recovery's high, after two months of decline. The Bureau of Labor Statistics figures are in its Job Openings & Labor [...]
by:Tom Moeller
|in:Economy in Brief
Global| Feb 07 2012
U.S. Chain Store Sales Nudge Up
Chain store sales rose 1.8% last week (3.5% y/y) following a weak post-Christmas selling period. January sales fell 3.3% after a 1.2% December rise. During the last ten years there has been a 72% correlation between the y/y change in [...]
by:Tom Moeller
|in:Economy in Brief
Global| Feb 07 2012
U.S. Gasoline Prices Firm Although Demand Falls Sharply
The pump price for regular gasoline rose again, last week to $3.48 per gallon which is up roughly ten cents during the last two weeks. Retail prices usually decline this time of year with reduced seasonal demand. To account for this [...]
by:Tom Moeller
|in:Economy in Brief
Global| Feb 06 2012
FIBER: Industrial Commodity Prices Show Moderate Improvement
Industrial commodity prices recently have risen with evidence that manufacturing sector activity is strengthening. At 167.6, the latest price index from the Foundation for International Business and Economic Research (FIBER) was 5.7% [...]
by:Tom Moeller
|in:Economy in Brief
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