Consumer credit outstanding during January posted its first gain in twelve months. Is a bottom to the year-long retrenchment in the making or will debt-laden balance sheets force further cutbacks? The $5.0B gain in credit reported by [...]
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| Mar 08 2010U.S. Consumer Credit Records FirstIncrease in Year
by:Tom Moeller
|in:Economy in Brief
Global| Mar 05 2010U.S. Unemployment Rate Steadies; Payrolls Fall Modestly
Stabilization of labor market conditions was again evident in the latest report from the Bureau of Labor Statistics. From the household survey, the unemployment rate held steady for the second month at 9.7%, down from the October high [...]
by:Tom Moeller
|in:Economy in Brief
Global| Mar 05 2010U.S. Unemployment Rate Steadies;Payrolls Fall Modestly
Stabilization of labor market conditions was again evident in the latest report from the Bureau of Labor Statistics. From the household survey, the unemployment rate held steady for the second month at 9.7%, down from the October high [...]
by:Tom Moeller
|in:Economy in Brief
Global| Mar 04 2010U.S. Pending Home Sales Decline Sharply
Bad weather had a noticeable effect on January housing activity. However, the National Association of Realtors (NAR) reported an outsized effect on pending home sales which fell 7.6% m/m from December to their lowest level since March [...]
by:Tom Moeller
|in:Economy in Brief
Global| Mar 04 2010U.S. Factory Inventories Turn Toward Accumulation
p Improved demand has changed attitudes about holding inventory. Factory inventories increased 0.2% during January and have risen during three of the last four months. That compares with sharp declines during the twelve months through [...]
by:Tom Moeller
|in:Economy in Brief
Global| Mar 04 2010U.S. Initial Claims For Insurance Fall Back
Today's Labor Department report indicated that initial claims for jobless insurance fell 29,000 last week to 469,000 from an upwardly revised 498,000 during the prior week. Claims rose slightly for the full month but remained down [...]
by:Tom Moeller
|in:Economy in Brief
Global| Mar 04 2010U.S. Initial Claims For InsuranceFall Back
Today's Labor Department report indicated that initial claims for jobless insurance fell 29,000 last week to 469,000 from an upwardly revised 498,000 during the prior week. Claims rose slightly for the full month but remained down [...]
by:Tom Moeller
|in:Economy in Brief
Global| Mar 02 2010U.S. Weekly Chain Store Sales Slip
Weekly chain store sales gave back a piece of their prior week's improvement with a 0.8% slip. Since the spring of last year, sales have gyrated around a sideways trend. The ICSC-Goldman Sachs retail chain-store sales index is [...]
by:Tom Moeller
|in:Economy in Brief
Global| Mar 02 2010U.S. Petroleum & Other Commodity Prices Move Higher
A modest uptick in the pump price for regular gasoline last week to $2.70 took it to the highest level since January. This continued a trend of rising prices since early-2009, which followed a recession-related downturn. Yesterday, [...]
by:Tom Moeller
|in:Economy in Brief
Global| Mar 02 2010U.S. Petroleum & OtherCommodity Prices Move Higher
A modest uptick in the pump price for regular gasoline last week to $2.70 took it to the highest level since January. This continued a trend of rising prices since early-2009, which followed a recession-related downturn. Yesterday, [...]
by:Tom Moeller
|in:Economy in Brief
Global| Mar 01 2010U.S. Construction Activity Falls To Lowest Since 2003
Construction activity continued to move lower in January to the lowest level since 2003. Construction outlays fell 0.6% following an unrevised 1.2% December decline but the November drop was doubled. The latest decline roughly equaled [...]
by:Tom Moeller
|in:Economy in Brief
Global| Mar 01 2010ISM Manufacturing Index Fell From January High
The rate of factory sector improvement eased slightly last month, according to the Institute for Supply Management. Perhaps due to cold weather, the February composite index slipped to 56.5 from January's 58.4. The latest remained the [...]
by:Tom Moeller
|in:Economy in Brief
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