Consumers continued to hold their breath after their late-April shopping spree. Chain store sales last week rose just modestly but roughly equaled the May average. In turn, they were down from the April high. However, versus late- [...]
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| Jun 08 2010U.S. Weekly Chain Store Sales' Improvement Volatile But Real
by:Tom Moeller
|in:Economy in Brief
- Global| Jun 08 2010
U.S. Gasoline Price Decline Stabilizes
U.S. gasoline prices are down from their recent high, but the decline seems to be loosing momentum. The pump price of regular gasoline held steady last week at $2.73 per gallon prices and prices remained up more than three-quarters [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jun 08 2010
U.S. Small Business Optimism Continues To Improve Sharply
Small businesses are joining in with the broader improvement in the economy. The National Federation of Independent Business (NFIB) reported their May small business optimism index rose m/m to 92.2. It remained the highest level since [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jun 08 2010
U.S. Consumer Credit Expands Modestly In April
The latest consumer credit numbers released late-yesterday indicated that credit rose $1.0B during April. However, the Federal Reserve revised the March figure to a sharp $5.4B decline from a $2.0B increase reported last month. While [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jun 08 2010
U.S. Consumer Credit Expands Modestly In April
The latest consumer credit numbers released late-yesterday indicated that credit rose $1.0B during April. However, the Federal Reserve revised the March figure to a sharp $5.4B decline from a $2.0B increase reported last month. While [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jun 07 2010
U.S. Unemployment Situation Varies Greatly For Many Reasons
Contained in Friday's employment report, which showed that the total civilian unemployment rate fell, was an increase in a broader measure which includes marginally attached workers and those working part-time for economic reasons. [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jun 07 2010
U.S. Unemployment Situation Varies Greatly For Many Reasons
Contained in Friday's employment report, which showed that the total civilian unemployment rate fell, was an increase in a broader measure which includes marginally attached workers and those working part-time for economic reasons. [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jun 04 2010
U.S. Worker Productivity Revised Down But Cost Decline Still near Record
Slower growth in real GDP last quarter accompanied more of a slowdown in worker productivity than reported last month. Nonfarm business sector grew 2.8% (AR) versus the initial estimate of 3.6%, down from 6.3% during 4Q. Nevertheless, [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jun 04 2010
U.S. Payroll Gain Is Propelled by 2010 Census Hiring, But Private-Sector Hiring Remains Soft
On the surface, the 431,000 gain in May payrolls after an unrevised 290,000 April rise looks strong but, in fact, it was not. First, the increase was raised by the one-time hiring of 411,000 Census workers. Second, the gain actually [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jun 04 2010
U.S. Payroll Gain Is Propelled by 2010 Census Hiring, But Private-Sector Hiring Remains Soft
On the surface, the 431,000 gain in May payrolls after an unrevised 290,000 April rise looks strong but, in fact, it was not. First, the increase was raised by the one-time hiring of 411,000 Census workers. Second, the gain actually [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jun 03 2010
ADP Report: Moderate Job Growth Continues
Employment gains continued last month. The latest report from the payroll processor ADP, in their National Employment Report, indicated that private nonfarm payroll levels rose in May by 55,000. The increase followed upwardly revised [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jun 03 2010
U.S. Initial Unemployment Insurance Claims Are Lower Again
The Bureau of Labor Statistics indicated that initial claims for jobless insurance slipped another 10,000 to 453,000. That followed last week's 11,000 decline which was less than initially reported. The latest number matched Consensus [...]
by:Tom Moeller
|in:Economy in Brief
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