The foreign trade deficit jumped in May to $50.2B from a little-revised $43.6B in April. Expectations had been for $43.6B according to Action Economics. The latest figure was the deepest since October, 2008 as imports jumped 2.6% with [...]
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| Jul 12 2011U.S. Trade Deficit Surges With Oil Imports
by:Tom Moeller
|in:Economy in Brief
Global| Jul 11 2011U.S. Consumer Credit Expansion Led By Credit Cards
Consumers seem to have retrieved their credit cards, earlier stowed in the dresser drawer. Reported late Friday, overall consumer credit rose $5.1B during May following a $5.7B April advance, revised down from $6.3B reported last [...]
by:Tom Moeller
|in:Economy in Brief
Global| Jul 08 2011U.S. Payroll Gain Disappoints; Jobless Rate Increases, Again
The June employment painted a picture of a labor market with no forward momentum. Nonfarm payrolls rose just 18,000 following increases during the prior two months that were revised down by a collective 44,000. The latest gain [...]
by:Tom Moeller
|in:Economy in Brief
Global| Jul 07 2011Intuit Small Business Hiring Index Gains
Intuit compiles data covering small business employment. For June, its hiring index rose 0.2% versus May following seven months of 0.3% gain. These earlier increases raised the figure 3.2% y/y. The index fell 6.2% and 2.8% during all [...]
by:Tom Moeller
|in:Economy in Brief
Global| Jul 07 2011U.S. Claims for Jobless Insurance Retreat
In a sign of job market healing, initial claims for jobless insurance fell to 428,000 last week versus an upwardly revised 432,000 during the week prior, initially reported as 428,000. The latest compared to Consensus expectations for [...]
by:Tom Moeller
|in:Economy in Brief
Global| Jul 07 2011ADP Reports Labor Market Healing
The labor market improved last month after being hit by a tsunami and floods. In its latest National Employment Report, the payroll processor Automatic Data Processing (ADP) and economic consultants Macroeconomic Advisers, indicated [...]
by:Tom Moeller
|in:Economy in Brief
Global| Jul 06 2011U.S. Challenger Job Cut Announcements Move Slightly Higher
The outplacement firm of Challenger, Grey & Christmas reported that job cut announcements during June again rose slightly. Nevertheless, the 11.6% m/m increase to 41,432 left them still near the cycle low. The uptick in announcements [...]
by:Tom Moeller
|in:Economy in Brief
Global| Jul 06 2011U.S. Gas & Oil Prices Hold Roughly Stable W/W
The pump price for regular gasoline rose one penny to $3.58 per gallon last week, still nearly the lowest level since mid-March. Since last month's peak, prices have fallen 38 cents but remain up nearly one-third versus last year. [...]
by:Tom Moeller
|in:Economy in Brief
Global| Jul 06 2011U.S. ISM Nonmanufacturing Index Slips
The June Composite Index for the service and construction sectors from the Institute for Supply Management (ISM) fell to 53.3 from an unrevised 54.6 in May. The figure was just shy of Consensus expectations for 54.0. Since the series' [...]
by:Tom Moeller
|in:Economy in Brief
Global| Jul 05 2011Commodity Prices Find Some Support
Commodity prices recently have given mixed signals about inflationary pressures and the economy. Gold prices have backed off their recent high and as of yesterday traded at $1,483 per ounce versus the mid-June level of $1,553. Showing [...]
by:Tom Moeller
|in:Economy in Brief
Global| Jul 05 2011U.S. Factory Orders, Inventories & Backlogs Rise
Manufacturing orders recovered 0.8% during May after a 0.9% April drop. Consensus expectations were for a 0.9% rise. For durable goods only, orders rose 2.1% which was revised up slightly from 1.9% reported initially. Nondurable goods [...]
by:Tom Moeller
|in:Economy in Brief
Global| Jul 01 2011U.S. Construction Spending Falls Further
The value of construction spending fell 0.6% during May and duplicated its downwardly revised 0.6% April drop. Though the rate of decline has slowed, activity's downtrend is in its fifth year. Figures back through 2009 were moderately [...]
by:Tom Moeller
|in:Economy in Brief
- of1081Go to 613 page

