January's U.S. foreign trade deficit narrowed again to its shallowest level since the summer of 2002. The deficit of $36.0B narrowed from the unrevised December figure of $39.0B. Lower oil prices and the U.S. recession acted to reduce [...]
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 13 2009U.S. Trade Deficit Shrinks To Lowest Since 2002
by:Tom Moeller
|in:Economy in Brief
Global| Mar 13 2009U.S. Trade Deficit Shrinks ToLowest Since 2002
January's U.S. foreign trade deficit narrowed again to its shallowest level since the summer of 2002. The deficit of $36.0B narrowed from the unrevised December figure of $39.0B. Lower oil prices and the U.S. recession acted to reduce [...]
by:Tom Moeller
|in:Economy in Brief
Global| Mar 12 2009U.S. Flow of Funds: Deleveraging Occurs As Asset Values Decline
For the year as a whole, total credit market borrowing grew just 5.5% which was the weakest advance since 1993. And all sectors pulled back their borrowing -- except the Federal government whose liabilities grew at a 24.2% rate, [...]
by:Tom Moeller
|in:Economy in Brief
Global| Mar 12 2009U.S. Businesses Shed Inventories at a Rapid Rate
Reduced inventory accumulation has played a large role in the current downturn in economic activity. Business inventories dropped 1.1% m/m during January and the decline marked the fifth consecutive reduction. Over just the last three [...]
by:Tom Moeller
|in:Economy in Brief
Global| Mar 12 2009German IP Sinks Sharply
Among large EU economies that have reported results, Germany shows the fastest dropping industrial production over three-months as well as in the quarter-to-date. Its 8.1% plunge in MFG IP is right in line with the reported 8% drop in [...]
by:Tom Moeller
|in:Economy in Brief
Global| Mar 12 2009U.S. Claims For Jobless Insurance Reach Another Record High
The U.S. job market continues to worsen. Continuing claims for unemployment insurance reached another record level as they jumped by 193,000. At 5,317,000, the level of continuing claims was nearly double that of last March. The [...]
by:Tom Moeller
|in:Economy in Brief
Global| Mar 12 2009U.S. Retail Sales Excluding Autos Rise; Revisions Sharply Higher
Consumer spending firmed in the last two months following the notably soft performance during the second half of last year. During February, retail sales excluding autos & gasoline rose 0.5% after a 1.4% January increase which was [...]
by:Tom Moeller
|in:Economy in Brief
Global| Mar 12 2009U.S. Retail Sales Excluding AutosRise; Revisions Sharply Higher
Consumer spending firmed in the last two months following the notably soft performance during the second half of last year. During February, retail sales excluding autos & gasoline rose 0.5% after a 1.4% January increase which was [...]
by:Tom Moeller
|in:Economy in Brief
Global| Mar 11 2009U.S. Budget Deficit Grows Sharply With Recession & TARP
The U.S. government ran a budget deficit of $192.8 billion during February and for the first five months of this fiscal year the deficit swelled to $764.5B. Both figures are substantially higher than the deficits of $175.6B last [...]
by:Tom Moeller
|in:Economy in Brief
Global| Mar 11 2009JOLTS: U.S. Job Openings Fall Further
The Bureau of Labor Statistics indicated in its January report on Job Openings & Labor Turnover Survey (JOLTS) that job availability fell 7.2% from December and by more than one-third from the June 2007 peak. The latest level was a [...]
by:Tom Moeller
|in:Economy in Brief
Global| Mar 11 2009U.S. Weekly Mortgage Applications Rise
The total number of mortgage applications recovered last week after three consecutive weeks of decline, reported the Mortgage Bankers Association. The 11.3% increase nevertheless left applications 45.4% below the peak reached this [...]
by:Tom Moeller
|in:Economy in Brief
Global| Mar 11 2009U.S. Weekly Mortgage Applications Rise
The total number of mortgage applications recovered last week after three consecutive weeks of decline, reported the Mortgage Bankers Association. The 11.3% increase nevertheless left applications 45.4% below the peak reached this [...]
by:Tom Moeller
|in:Economy in Brief
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