Overall inflation may be tame but trouble was brewing last year. The December producer price index for finished goods slipped 0.1% during December following an unrevised 0.3% November gain. The figure compared to Consensus [...]
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
by:Tom Moeller
|in:Economy in Brief
Global| Jan 13 2012U.S. Trade Deficit Is Deepest in Five Months
The U.S. foreign trade deficit deepened during November for the first time in five months. The shortfall rose to $47.8B from a revised $43.3B in October, initially reported as $43.5B. Expectations had been for $44.7B according to [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jan 13 2012
U.S. Import Prices Slip With Lower Oil Prices
U.S. import prices matched expectations and slipped 0.1% last month. That followed a revised 0.8% November gain, initially reported as 0.7%. Year-to-year, higher oil prices and the lower value of the dollar raised prices for imported [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jan 13 2012
U.S. Consumer Sentiment Continues To Improve
The University of Michigan's Index of Consumer Sentiment for mid-January rose to 74.0 from 69.9 in December. The latest figure was the highest since last February and better than Consensus expectations for 71.0. Consumers' [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jan 13 2012
U.S. Import Prices Slip With Lower Oil Prices
U.S. import prices matched expectations and slipped 0.1% last month. That followed a revised 0.8% November gain, initially reported as 0.7%. Year-to-year, higher oil prices and the lower value of the dollar raised prices for imported [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jan 13 2012
U.S. Trade Deficit Is Deepest in Five Months
The U.S. foreign trade deficit deepened during November for the first time in five months. The shortfall rose to $47.8B from a revised $43.3B in October, initially reported as $43.5B. Expectations had been for $44.7B according to [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jan 12 2012
U.S. Business Inventory Growth Eases
The U.S. Commerce Department reported that business inventories rose 0.3% during November following a 0.8% rise in October. Business sales also rose 0.3%. As a result, the inventory/sales ratio held at 1.27 for the fourth straight [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jan 12 2012
U.S. Initial Claims For Jobless Insurance Are Highest Since November
Earlier workforce improvement seems to have stuttered. Initial claims for unemployment insurance increased to 399,000 last week from 375,000 the week earlier (revised from 372,000). The latest reading was the highest reading since the [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jan 12 2012
U.S. Retail Sales Gain Minimally
Consumers took a break from raising spending last month. Total retail sales ticked up 0.1% (6.5% y/y) during December following a revised 0.4% November increase, last month reported as 0.2%. Consensus expectations had been for a 0.3% [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jan 12 2012
U.S. Retail Sales Gain Minimally
Consumers took a break from raising spending last month. Total retail sales ticked up 0.1% (6.5% y/y) during December following a revised 0.4% November increase, last month reported as 0.2%. Consensus expectations had been for a 0.3% [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jan 11 2012
U.S. Mortgage Applications & Interest Rates Trend Sideways
The index of total mortgage applications rose 4.5% last week to 663.1 (March 16, 1990 = 100). The increase followed the prior week's 4.1% decline and the index has moved irregularly sideways since October. Applications to refinance [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jan 11 2012
U.S. Joblessness Remains Elevated by Duration, Age & Race; Higher Education Pays Dividends
The Household Employment Survey from the Bureau of Labor Statistics indicated job market improvement last month. However, while the official unemployment rate of 8.5% was well below its October '09 high of 10.0%, the picture was not [...]
by:Tom Moeller
|in:Economy in Brief
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