A lower value of the dollar improves the competiveness of U.S. exports. That undoubtedly was behind at least some of the decline in October's trade deficit to $32.9B following a September deficit of $35.7, which was revised lower from [...]
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| Dec 10 2009U.S. Trade Deficit Falls As Exports Jump
by:Tom Moeller
|in:Economy in Brief
Global| Dec 10 2009U.S. Weekly Initial Claims For Unemployment Insurance Retrace Prior Declines
The Labor Department indicated that recent job market improvement stalled last week as suggested by a moderate rise in initial claims for unemployment insurance. The rise to 474,000 from an unrevised 457,000 retraced much of the prior [...]
by:Tom Moeller
|in:Economy in Brief
Global| Dec 10 2009U.S. Weekly Initial Claims ForUnemployment Insurance Retrace Prior Declines
The Labor Department indicated that recent job market improvement stalled last week as suggested by a moderate rise in initial claims for unemployment insurance. The rise to 474,000 from an unrevised 457,000 retraced much of the prior [...]
by:Tom Moeller
|in:Economy in Brief
Global| Dec 09 2009JOLTS: U.S. Job Openings and Hiring Falls
The labor market remains soft. The Bureau of Labor Statistics reported in its Job Openings & Labor Turnover Survey (JOLTS) that job availability during October gave back half of the September increase with a 3.1% decline. Openings [...]
by:Tom Moeller
|in:Economy in Brief
Global| Dec 09 2009U.S. Disposable Personal Income& Spending Continue Firm
Low interest rates continue to support the housing market. The Mortgage Bankers Association reported that mortgage applications rose 8.5% last week, the second week of firm gain that continued what has been a 50% rise since the late- [...]
by:Tom Moeller
|in:Economy in Brief
Global| Dec 09 2009Weekly Gasoline Prices Slide Sideways
Gasoline prices haven't moved much during the last four weeks. The pump price for regular gasoline of $2.63 per gallon last week was down two cents from the November average but remained in the tight range between $2.47 and $2.69 [...]
by:Tom Moeller
|in:Economy in Brief
Global| Dec 09 2009Weekly Gasoline Prices SlideSideways
Gasoline prices haven't moved much during the last four weeks. The pump price for regular gasoline of $2.63 per gallon last week was down two cents from the November average but remained in the tight range between $2.47 and $2.69 [...]
by:Tom Moeller
|in:Economy in Brief
Global| Dec 08 2009U.S. Small Business Optimism Stutters
After improving this spring, small business' optimism has leveled off. The National Federation of Independent Business (NFIB) reported their small business optimism index during November dipped 0.9% to 88.3 after two months of slight [...]
by:Tom Moeller
|in:Economy in Brief
Global| Dec 08 2009U.S. Consumer Credit Outstanding Drops; Earlier Declines Shaved
The Federal Reserve reported yesterday that consumer credit outstanding fell by $3.5B m/m during October. While it was the thirteenth monthly drop since summer 2008, earlier declines were trimmed. And though consumer credit [...]
by:Tom Moeller
|in:Economy in Brief
Global| Dec 08 2009U.S. Consumer Credit OutstandingDrops; Earlier Declines Shaved
The Federal Reserve reported yesterday that consumer credit outstanding fell by $3.5B m/m during October. While it was the thirteenth monthly drop since summer 2008, earlier declines were trimmed. And though consumer credit [...]
by:Tom Moeller
|in:Economy in Brief
Global| Dec 07 2009Temp Hiring Bolsters Jobs & Portends Labor Market Improvement
The November employment report indicated that the number of temporary help jobs grew by 52,400, the fourth consecutive month of increase. Since July temp employment grew by 116,900 (6.7%), a gain which outstripped the 95,500 (0.7%) [...]
by:Tom Moeller
|in:Economy in Brief
Global| Dec 04 2009U.S. Payrolls Decline Minimally and Unemployment Rate Falls Unexpectedly
The labor market improved last month. Moreover, accompanying data showed that earlier labor market deterioration was not as large as reported initially. The Bureau of Labor Statistics reported that nonfarm payrolls fell 11,000 in [...]
by:Tom Moeller
|in:Economy in Brief
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