Encouraging indications that consumer spending was improving faded further during September. During the latest week, chain store sales fell 2.0% and that was enough to pull sales for the month so far to their lowest level since June. [...]
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| Sep 22 2009Weekly Chain Store Sales Trend Lower During September
by:Tom Moeller
|in:Economy in Brief
- Global| Sep 22 2009
Weekly Gasoline Prices Slip Just Modestly As Trend Remains Firm
Since June, improvement in the U.S. economy and aggressive measures by the Federal Reserve to stimulate growth have supported gasoline prices from their lows of last December. However, any incremental strength in prices has topped [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Sep 22 2009
FHFA Home Price Index Strengthens Due To Notable Gains In The Pacific & Mid-Atlantic Regions
Released yesterday was the U.S. House Price Index from the Federal Housing and Finance Agency (FHFA). The Purchase Only Index for July rose 0.3% from June and it was the third consecutive monthly increase. Moreover, the latest gain [...]
by:Tom Moeller
|in:Economy in Brief
Each quarter, the Federal Reserve Bank of Philadelphia surveys a group of professional forecasters to gain perspective on the outlook for the U.S. economy. In the August survey, the panel expected the recession to have reached its [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Sep 21 2009
U.S. Leading Indicators Rise For A Fifth Straight Month And Signal Economic Recovery
The Conference Board's Index of Leading Economic Indicators continued to suggest a pending economic recovery with a 0.6% August increase that was close to expectations. The rise in the composite index of leaders was the fifth in a row [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Sep 21 2009
U.S. Leading Indicators Rise For AFifth Straight Month And Signal Economic Recovery
The Conference Board's Index of Leading Economic Indicators continued to suggest a pending economic recovery with a 0.6% August increase that was close to expectations. The rise in the composite index of leaders was the fifth in a row [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Sep 21 2009
U.S. Leading Indicators Rise ForAFifth Straight Month And Signal Economic Recovery
Extraordinary developments continued to characterize the US financial system through Q2, as indicated in the Federal Reserve's flow-of-funds accounts, published today at noon. Two sectors in particular caught our attention, households [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Sep 10 2009
U.S. Trade Deficit Deepens With A Jump In Imports
Improvement in the U.S. economy probably is behind the July deterioration in the international trade deficit to $32.0B versus a little-revised June deficit of $27.5B. Consensus expectations had been for a deficit of $27.0B. Nonoil [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Sep 10 2009
U.S. Weekly Claims For Jobless Insurance Near Cycle Low
Initial claims for jobless insurance have been suggesting improvement in the labor market, however grudging. For last week, the Labor Department indicated that claims fell 26,000 to 550,000 which was their lowest level since early- [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Sep 10 2009
U.S. Weekly Claims For JoblessInsurance Near Cycle Low
Initial claims for jobless insurance have been suggesting improvement in the labor market, however grudging. For last week, the Labor Department indicated that claims fell 26,000 to 550,000 which was their lowest level since early- [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Sep 09 2009
Consumer Credit Outstanding Falls For An Unprecedented Sixth Straight Month
The deteriorating job market and uncertain prospects for improvement, plus over-leverage from past spending, has prompted an end to the growth in consumer credit. The Federal Reserve reported late-yesterday that consumer credit [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Sep 08 2009
U.S. Small Business Optimism Improves Slightly But Hiring Plans Drift To 27-Year Low
Small business' optimism improved last month as the severe economic weakness of early this year passed. The National Federation of Independent Business (NFIB) indicated, however, that the improvement was not enough to generate an [...]
by:Tom Moeller
|in:Economy in Brief
- of1081Go to 710 page