Despite the weakness in the job market, the consumer continues to visit shopping centers putting chain store sales on a firmer footing. According to the International Council of Shopping Centers-Goldman Sachs Index store sales rose [...]
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| May 12 2009U.S. Chain Store Sales Rise Further
by:Tom Moeller
|in:Economy in Brief
- Global| May 12 2009
Gasoline Prices Rise To Their Highest Since Early-November
Regular gasoline prices last week continued their recent rise and settled at $2.24 per gallon last week. That price was up 63 cents (39.1%) from the December low and it was the highest level since November. Yesterday, cash market [...]
by:Tom Moeller
|in:Economy in Brief
- Global| May 12 2009
U.S. Trade Deficit Remains Stableand Near Its Lowest Since 1999
Though higher oil prices raised the cost of petroleum imports during March, the lift just slightly deepened the U.S. foreign trade deficit and it remained near the lowest level since 1999. The deficit of $27.6B deepened from the [...]
by:Tom Moeller
|in:Economy in Brief
- Global| May 12 2009
U.S. Trade Deficit Remains Stable and Near Its Lowest Since 1999
Though higher oil prices raised the cost of petroleum imports during March, the lift just slightly deepened the U.S. foreign trade deficit and it remained near the lowest level since 1999. The deficit of $27.6B deepened from the [...]
by:Tom Moeller
|in:Economy in Brief
- Global| May 11 2009
Liquidity, Exchange Rates & Commodity Prices Point Toward U.S. Economic Improvement
Expanding on last week's piece Louise Curley Curley on the Haver Analytics website, past deflation of pricing power has eased and may be tuning positive. By extension, U.S. economic improvement may be in the offing. What is unknown, of [...]
by:Tom Moeller
|in:Economy in Brief
- Global| May 11 2009
Liquidity, Exchange Rates & Commodity Prices Point Toward U.S. Economic Improvement
Expanding on last week's piece Louise Curley Curley on the Haver Analytics website, past deflation of pricing power has eased and may be tuning positive. By extension, U.S. economic improvement may be in the offing. What is unknown, of [...]
by:Tom Moeller
|in:Economy in Brief
Some easing of the weakness in the U.S. labor market may be evident in the April figures from the Bureau of Labor Statistics, but the labor market remains soft. Nonfarm payrolls fell 539,000 last month. It was the smallest monthly [...]
by:Tom Moeller
|in:Economy in Brief
- Global| May 08 2009
Bad News: U.S. Jobless Rate Jumpsto 8.9% Good News: Speed of Job Losses Ease
Some easing of the weakness in the U.S. labor market may be evident in the April figures from the Bureau of Labor Statistics, but the labor market remains soft. Nonfarm payrolls fell 539,000 last month. It was the smallest monthly [...]
by:Tom Moeller
|in:Economy in Brief
- Global| May 07 2009
U.S. Initial Claims for Unemployment Insurance Fall Further
Another sign that the U.S. job market is firming was provided by the decline in initial claims for unemployment insurance. They fell 34,000 last week to 601,000 which was their lowest level since late-January. Claims have fallen 11.0% [...]
by:Tom Moeller
|in:Economy in Brief
- Global| May 07 2009
U.S. Worker Productivity Inches Up, But Underlying Cost Pressures Mount
It was a recovery, but not much of one. Labor productivity in the nonfarm business sector rose an expected 0.8% (AR) last quarter and mostly recouped a revised 0.6% slip at the end of last year. The latest uptick, however, has done [...]
by:Tom Moeller
|in:Economy in Brief
- Global| May 07 2009
U.S. Worker Productivity Inches Up, But Underlying Cost Pressures Mount
It was a recovery, but not much of one. Labor productivity in the nonfarm business sector rose an expected 0.8% (AR) last quarter and mostly recouped a revised 0.6% slip at the end of last year. The latest uptick, however, has done [...]
by:Tom Moeller
|in:Economy in Brief
- Global| May 06 2009
Challenger Layoffs Also Show Job Market Improvement
For April, the outplacement firm of Challenger, Grey & Christmas indicated that cut announcements eased for the third month. The announcement of 132,590 layoffs followed 150,411 during March and both of the figures were down from the [...]
by:Tom Moeller
|in:Economy in Brief
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