Total business inventories fell 1.3% during December after a downwardly revised November decline. The latest drop was the fourth in as many months and the rise of 0.9% year-to-year was the weakest since early-2004. The recent cutback [...]
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| Feb 12 2009U.S. Business Inventory Cutbacks Gained Steam
by:Tom Moeller
|in:Economy in Brief
- Global| Feb 12 2009
U.S. Initial Claims For Unemployment Insurance Slipped From Recent High
U.S. labor market conditions continued dismal as the Labor Department indicated that initial claims for unemployment insurance slipped just 8,000 to 623,000 after an upwardly revised 40,000 increase during the prior week. The latest [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Feb 12 2009
U.S. Retail Sales Recover Modestly Following Six Months of Decline
January retail sales unexpectedly rose 1.0%. However, the increase recovered only part of the little-revised 3.0% decline during December which capped a six-month slide in sales. The meekness of the rebound left the 9.7% year-to-year [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Feb 12 2009
U.S. Retail Sales Recover ModestlyFollowing Six Months of Decline
January retail sales unexpectedly rose 1.0%. However, the increase recovered only part of the little-revised 3.0% decline during December which capped a six-month slide in sales. The meekness of the rebound left the 9.7% year-to-year [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Feb 11 2009
U.S. Budget Deficit Surges As Revenues Collapse & Spending Jumps
The U.S. government's January budget deficit continued to reflect the combined effects of a U.S. recession and two wars.The monthly deficit rose to $83.8 billion. Like December's figure, however, the relatively moderate deficit [...]
by:Tom Moeller
|in:Economy in Brief
The December U.S. foreign trade deficit narrowed sharply to its shallowest since late 2003 as the global recession continued and oil prices fell further. The decline to $39.9B from an upwardly revised November deficit of $41.6B fell [...]
by:Tom Moeller
|in:Economy in Brief
The December U.S. foreign trade deficit narrowed sharply to its shallowest since late 2003 as the global recession continued and oil prices fell further. The decline to $39.9B from an upwardly revised November deficit of $41.6B fell [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Feb 10 2009
U.S. Small Business Optimism Fell Even Further; Pricing At All-time Low
According to the National Federation of Independent Business (NFIB), small business optimism fell again last month. The index level of 84.1 was down 1.3% month-to-month. The latest level was the lowest since early-1980 and was the [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Feb 10 2009
U.S. Chain Store Sales Continued Unchanged Last Week
The consumer remained slumbering last week after the holiday season. Chain store sales were roughly stable from the prior week and the latest level also was roughly equal to the January average, according to the International Council [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Feb 10 2009
U.S. Gasoline Prices Highest Since December
According to the U.S. Department of Energy survey, regular gasoline prices last week continued their upward movement in place since late December. At an average $1.93 per gallon, prices have increased 31 cents from the low. And the [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Feb 10 2009
U.S. Gasoline Prices Highest SinceDecember
According to the U.S. Department of Energy survey, regular gasoline prices last week continued their upward movement in place since late December. At an average $1.93 per gallon, prices have increased 31 cents from the low. And the [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Feb 09 2009
Consumer Credit Growth Under Wraps
The Federal Reserve reported that consumer credit outstanding rose just 1.7% during all of last year. That growth in U.S. credit usage was its lowest since 1993. The slowdown was led by revolving credit outstanding (credit cards), [...]
by:Tom Moeller
|in:Economy in Brief
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