Price inflation held at an elevated rate last month. The overall CPI gained 0.4% following July's 0.5% rise. A 0.2% increase was expected. Despite the August surprise, the three-month gain in prices was a moderate 2.6% (AR), down [...]
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| Sep 15 2011U.S. CPI Gain Is Again Surprisingly Strong; Core Increase Stable
by:Tom Moeller
|in:Economy in Brief
Global| Sep 14 2011U.S. Business Inventory Growth Is Stable In July
The U.S. Commerce Department reported that business inventory growth held steady in July at 0.4%. Business sales increased 0.7% and were slightly stronger than June. With the moderate inventory growth, the inventory/sales ratio [...]
by:Tom Moeller
|in:Economy in Brief
Global| Sep 14 2011U.S. Producer Prices Are Tame M/M But Core Trend Increase Is Up
The U.S. producer price index for finished goods was unchanged last month after an unrevised 0.2% July gain. The figure compared to Consensus expectations for a 0.1% slip, according to the Action Economics survey. Like July, the [...]
by:Tom Moeller
|in:Economy in Brief
Global| Sep 14 2011U.S. Retail Sales Are Flat & Disappointing
The consumer continues to pull back the reins on spending.Total retail & food service sales were unchanged last month following a 0.3% July gain, revised down from 0.5%. The August figure fell short of Consensus expectations for a [...]
by:Tom Moeller
|in:Economy in Brief
Global| Sep 13 2011U.S. Small Business Optimism Continues Lower
Small businesses increasingly see growth prospects dim. The National Federation of Independent Business indicated that its August index of small business optimism fell to 88.1 from an unrevised 89.9 in July. The latest was the lowest [...]
by:Tom Moeller
|in:Economy in Brief
Global| Sep 13 2011U.S. Gasoline & Crude Oil Prices Slip
The pump price for a gallon of regular gasoline fell one penny last week to $3.66. Prices remained down thirty cents since the May peak. Pump prices usually rise this time of year with increased seasonal demand. To account for this [...]
by:Tom Moeller
|in:Economy in Brief
Global| Sep 13 2011U.S. Import Prices Decline With Lower Oil Prices
Overall U.S. import prices fell 0.4% last month after an unrevised 0.3% July gain. Consensus expectations had been for a 0.8% decline. Year-to-year, the lower value of the U.S. dollar as well as higher oil prices have raised imported [...]
by:Tom Moeller
|in:Economy in Brief
Global| Sep 13 2011NABE Forecast For U.S. Growth Is Reduced Sharply
The National Association for Business Economics reported another downward revision to the U.S. economic growth forecast. For this year, real GDP growth should average 1.7%, versus 2.8% expected three months ago. For next year, growth [...]
by:Tom Moeller
|in:Economy in Brief
Global| Sep 12 2011U.S. Wholesale Sales Are Flat Though Inventories Gain
On Friday, the Commerce Department reported that sales in the wholesale sector were essentially unchanged during July after a 0.6% jump in June. A 0.8% increase had been generally expected. Holding back the increase was a 1.1% decline [...]
by:Tom Moeller
|in:Economy in Brief
Global| Sep 09 2011FIBER: Industrial Commodity Prices Find A Floor
Industrial commodity prices recently have found stability after their downdraft one month ago. At 170.4, the latest price index reading from the Foundation for International Business and Economic Research (FIBER), which covers [...]
by:Tom Moeller
|in:Economy in Brief
Global| Sep 08 2011U.S. Trade Deficit Falls As Exports Jump
The foreign trade deficit narrowed to $44.8B in July from a revised $51.6B in June, initially reported as $53.1B. Expectations had been for $51.0B, according to Action Economics. Exports jumped 3.6% and more-than-recovered the June [...]
by:Tom Moeller
|in:Economy in Brief
Global| Sep 08 2011U.S. Initial Claims for Jobless Insurance Rise
Initial claims for unemployment insurance rose to 414,000 last week from 412,000 during the week prior (revised from 409,000). The latest figure exceeded expectations for 405,000 claims according to the Action Economics survey. The [...]
by:Tom Moeller
|in:Economy in Brief
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