Last month, the consumer price index published by the Bureau of Labor Statistics slipped 0.1%. The big news, however, was not the rare negative sign in front of the monthly figure but the negative sign in front of the twelve month [...]
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
by:Tom Moeller
|in:Economy in Brief
Global| Apr 14 2009U.S. Businesses Inventories Fall Further
Inventory decumulation remains a dominant trend behind the current economic downturn. Decumulation subtracted 0.3 percentage points from GDP growth last year after a 0.4 percentage point subtraction in 2007, even before the recession [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Apr 14 2009
U.S. Finished Goods PPI Falls Unexpectedly While Core Prices Remain Stable
U.S. producer prices for finished goods fell last month for the first time this year. The 1.2% decrease followed the 0.1% February uptick and it contrasted with Consensus expectations for no change in last month's index level. The [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Apr 14 2009
U.S. Retail Sales Backpedal
The recent recovery in consumer expenditures stuttered last month. March retail sales fell 1.1% after a 0.3% February increase that was revised up slightly. Some of that stutter reflected less money spent on gasoline but it [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Apr 14 2009
U.S. Retail Sales Backpedal
The recent recovery in consumer expenditures stuttered last month. March retail sales fell 1.1% after a 0.3% February increase that was revised up slightly. Some of that stutter reflected less money spent on gasoline but it [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Apr 13 2009
U.S. Budget Deficit Broaches $1 Trillion With TARP Spending
War in the Mideast, recession at home and TARP lifted the U.S. government's budget deficit to nearly $1 trillion during just the first half of this fiscal year. For all of FY09, the Congressional Budget Office recently estimated that [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Apr 13 2009
U.S. Budget Deficit Broaches $1Trillion With TARP Spending
War in the Mideast, recession at home and TARP lifted the U.S. government's budget deficit to nearly $1 trillion during just the first half of this fiscal year. For all of FY09, the Congressional Budget Office recently estimated that [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Apr 09 2009
U.S. Initial Claims for Jobless Insurance Back Off From High; Continuing Claims Double Last Year's Level
Though they may be topping, initial claims for unemployment insurance certainly remain high. At 654,000 last week that was down from an upwardly revised 675,000 during the prior week. However, the level was up 82.7% from one year ago. [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Apr 09 2009
Oil Lifts U.S. Import Costs While Nonoil Prices Fall For Eighth Month
U.S. import prices rose for the first month since last July due to a rise in oil prices. Overall, the 0.5% rise in import prices was the first though pricing power continued weak due to the worldwide recession. During the last twelve [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Apr 09 2009
U.S. Trade Deficit Falls Further To Lowest Since 1999
Amidst the worldwide economic recession, the U.S. foreign trade deficit fell further during February to the lowest level since November of 1999. The deficit of $26.0B narrowed from the little revised January level of $36.2B. Imports [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Apr 09 2009
U.S. Trade Deficit Falls FurtherTo Lowest Since 1999
Amidst the worldwide economic recession, the U.S. foreign trade deficit fell further during February to the lowest level since November of 1999. The deficit of $26.0B narrowed from the little revised January level of $36.2B. Imports [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Apr 09 2009
U.S. Initial Claims for Jobless Insurance Back Off From High; Continuing Claims Double Last Year's Level
Though they may be topping, initial claims for unemployment insurance certainly remain high. At 654,000 last week that was down from an upwardly revised 675,000 during the prior week. However, the level was up 82.7% from one year ago. [...]
by:Tom Moeller
|in:Economy in Brief
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