The pump price for regular gasoline rose two cents last week to $3.44 per gallon. Prices remained down versus May when they averaged $3.91. Retail prices usually start to ease this time of year with reduced seasonal demand. To account [...]
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 15 2011
U.S. Gasoline Price Recovers While Crude Oil Jumps
by:Tom Moeller
|in:Economy in Brief
Global| Nov 15 2011
U.S. Producer Prices Decline With Energy
The October producer price index for finished goods fell 0.3% following an unrevised 0.8% September jump. The figure compared to Consensus expectations for a 0.1% slip, according to the Action Economics survey. The increase left the [...]
by:Tom Moeller
|in:Economy in Brief
Global| Nov 15 2011
U.S. Retail Spending Continues To Grow
Consumer spending continued on a moderate growth track last month. October retail & food service sales increased 0.5% following an unrevised 1.1% September gain. The October increase roughly matched Consensus expectations for a 0.4% [...]
by:Tom Moeller
|in:Economy in Brief
Global| Nov 14 2011
U.S. Economic Activity Has Been In A Slow-Growth Mode
Gross Domestic Product is the broadest measure of the economy's performance. Adjusted for prices, GDP bottomed in Q2'09 following a business cycle downturn that was the most severe since the Great Depression. Since its trough, GDP [...]
by:Tom Moeller
|in:Economy in Brief
Global| Nov 11 2011
U.S. Consumer Sentiment Increases Further
The University of Michigan's Index of Consumer Sentiment for mid-November rose to 64.2 from 60.9 in October. The latest number was better than Consensus expectations for 61.0 and it was the third consecutive monthly rise. Consumers' [...]
by:Tom Moeller
|in:Economy in Brief
Global| Nov 10 2011
U.S. Import Prices Fall Again With Oil
U.S. import prices fell 0.6% last month after no change during September, revised from a 0.3% increase. Consensus expectations had been for no change during October. Year-to-year, higher oil prices and the lower value of the dollar [...]
by:Tom Moeller
|in:Economy in Brief
Global| Nov 10 2011
U.S. Trade Deficit Improves
The September foreign trade deficit fell to $43.1B from a revised $44.9B in August, initially reported as $45.6B. Expectations had been for $46.3B according to Action Economics. Exports increased 1.4% (15.9% y/y) after their 0.1% [...]
by:Tom Moeller
|in:Economy in Brief
Global| Nov 10 2011
U.S. Initial Unemployment Insurance Claims Are Lowest Since April
In a sign of modest labor market improvement, initial claims for jobless insurance fell last week to 390,000 from 400,000 (revised from 397,000) during the week prior. The latest figure compared to 400,000 expected in the Action [...]
by:Tom Moeller
|in:Economy in Brief
Global| Nov 09 2011
U.S. Wholesale Inventories Dip As Sales Gain
Inventories at the wholesale level slipped 0.1% (+11.9% y/y) during September following a 0.1% August uptick. The decline was led by a 4.0% fall (+13.2% y/y) in petroleum. Less petroleum, inventories rose 0.1% (11.9%) as industry [...]
by:Tom Moeller
|in:Economy in Brief
Global| Nov 09 2011
U.S. Mortgage Applications Jump With Lower Interest Rates
Lower interest rates continued to have their effect on the mortgage market last week. The index of total mortgage applications jumped 10.3% to 734.3 (March 16, 1990 = 100) and recovered the October declines. Applications started this [...]
by:Tom Moeller
|in:Economy in Brief
Global| Nov 08 2011
U.S. JOLTS Rate Is Highest In Three Years
The job market is on the mend as job openings and hires rise. The Bureau of Labor Statistics reported in its Job Openings & Labor Turnover Survey (JOLTS) that the September job openings rate rose m/m to 2.5%. The latest reading was [...]
by:Tom Moeller
|in:Economy in Brief
Global| Nov 08 2011
U.S. Gasoline Price Falls While Demand Collapses
Divergent movement underscores recent trends in energy prices. The pump price for regular gasoline fell three cents last week to $3.42 per gallon. Prices remained down versus May when they averaged $3.91. Retail prices usually start [...]
by:Tom Moeller
|in:Economy in Brief
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