Higher energy & food prices were behind much of last month's increase in consumer prices. The Commerce Department reported that prices rose 0.4% in April after an unrevised 0.5% March gain. The increase matched Consensus expectations. [...]
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| May 13 2011
U.S. CPI Driven By Energy & Food
by:Tom Moeller
|in:Economy in Brief
Global| May 13 2011
U.S. Business Inventory Accumulation Accelerates
The U.S. Commerce Department reported yesterday that business inventories rose 1.0% in March after a revised 0.7% February increase, originally reported as 0.5%. A 0.9% March gain in inventories had been expected by Bloomberg. The [...]
by:Tom Moeller
|in:Economy in Brief
Global| May 12 2011
U.S. Initial Jobless Insurance Claims Retrace Earlier Gain
Initial claims for jobless insurance fell last week to 434,000 after the jump to 478,000 during the prior period, initially reported as 474,000. The latest figure roughly matched Consensus expectations for 430,000 claims. The four- [...]
by:Tom Moeller
|in:Economy in Brief
Global| May 12 2011
U.S. Retail Sales Boosted By Gasoline Outlays
The rise in gasoline prices could be sapping strength from spending on other goods. Or, weak April retail sales could be due to a payback after earlier strength. We'll know more in the next few months. Total retail & food service [...]
by:Tom Moeller
|in:Economy in Brief
Global| May 12 2011
U.S. PPI Strength Driven By Energy
The U.S. producer price index for finished goods increased 0.8% during April, similar to the 0.7% March gain. The rise was stronger than the 0.6% Consensus expectation and the y/y increase of 6.6% was its strongest since September [...]
by:Tom Moeller
|in:Economy in Brief
Global| May 11 2011
U.S. Mortgage Applications Jump As Interest Rates Retreat
The Mortgage Bankers Association reported that overall mortgage applications rose 8.2% last week, the second week of strong gain. Applications to purchase a home rose 6.7% w/w but remained down by one-quarter from last year. During [...]
by:Tom Moeller
|in:Economy in Brief
Global| May 11 2011
U.S. Trade Deficit Increases With Higher Oil Prices
Higher oil prices acted to deepen the U.S. trade deficit to its widest since last June. The foreign trade deficit increased in March to $48.2B versus $45.4B in February, revised from $45.8B reported initially. Expectations had been [...]
by:Tom Moeller
|in:Economy in Brief
Global| May 10 2011
U.S. Import & Export Prices Continue Strong
Pricing strength amongst internationally traded U.S. products has been pronounced this year and last. Overall U.S. import prices last month jumped another 2.2% after a little-revised 2.6% March increase. The gain was stronger than [...]
by:Tom Moeller
|in:Economy in Brief
Global| May 10 2011
U.S. Chain Store Sales Slip
Earlier strength in chain store sales stalled recently. Store sales were unchanged last week after a 0.8% slip at the end of April. The stall follows great strength earlier in April and during March. During the last ten years there [...]
by:Tom Moeller
|in:Economy in Brief
Global| May 10 2011
U.S. Small Business Optimism Remains Subdued
The National Federation of Independent Business indicated that its index of small business optimism slipped to 91.2 in April from an unrevised 91.9 in March. The latest was the lowest level since September. Deterioration amongst the [...]
by:Tom Moeller
|in:Economy in Brief
Global| May 10 2011
U.S. Gasoline Prices Have Nowhere To Go But Up But Crude Oil Is Volatile
Last week, the pump price for regular gasoline rose another penny to $3.97 per gallon, the highest level since July, 2008. Typically, however, pump prices start rising this time of year in anticipation of increased seasonal demand. To [...]
by:Tom Moeller
|in:Economy in Brief
Global| May 09 2011
U.S. Consumer Credit Usage Strengthens
The recent recovery in consumer spending has been accompanied by a combination of strengthened use of non-revolving credit and less use of revolving usage. Reported Friday, overall consumer credit rose $6.0B during March following a [...]
by:Tom Moeller
|in:Economy in Brief
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