Chain store sales last week rose 1.1%, but failed to recover even half of the prior week's 2.3% decline, according to the International Council of Shopping Centers-Goldman Sachs Index. As a result, for January so far sales have risen [...]
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| Jan 21 2009U.S. Chain Store Sales RecoverModestly
by:Tom Moeller
|in:Economy in Brief
- Global| Jan 20 2009
U.S. Budget Deficit Above $1 Trillion This Year
The U.S. Congressional Budget Office currently projects that the government's budget deficit will total $1.2 trillion dollars this fiscal year before falling to $703 billion in FY 2010. However, many forecasts from the private sector [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jan 20 2009
U.S. Budget Deficit Above $1Trillion This Year
The U.S. Congressional Budget Office currently projects that the government's budget deficit will total $1.2 trillion dollars this fiscal year before falling to $703 billion in FY 2010. However, many forecasts from the private sector [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jan 16 2009
Michigan Consumer Sentiment Up Again In Early January Yet Still Near The Series' Low
For early January, the University of Michigan reported that consumer sentiment rose slightly for the second month. The 3.0% rise followed an 8.7% increase off the cycle's low in November. Nevertheless, at 61.9 the latest level was [...]
by:Tom Moeller
|in:Economy in Brief
Industrial production during December fell for the ninth month of 2008. The 2.0% drop followed a 1.3% November decline which was revised deeper from the initial report. Last month's decline was double Consensus expectations for a 1.0% [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jan 16 2009
U.S. CPI Fell A Third Month Due To Lower Energy Prices
According to the Bureau of Labor Statistics, the consumer price index (CPI-U) fell for the third straight month in December. The 0.7% decline followed drops of 1.7% and 1.0% during November and October. Indeed. that, understates the [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jan 16 2009
U.S. CPI Fell A Third Month Due ToLower Energy Prices
According to the Bureau of Labor Statistics, the consumer price index (CPI-U) fell for the third straight month in December. The 0.7% decline followed drops of 1.7% and 1.0% during November and October. Indeed. that, understates the [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jan 15 2009
Philadelphia Fed Index Improved Slightly But Still Low
The Philadelphia Federal Reserve Bank indicated that its January Index of General Business conditions in the manufacturing sector rose slightly from the recent monthly lows. However, the index at -24.3 this month was still only [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jan 15 2009
U.S. Weekly Claims For Jobless Insurance Back Up
Initial claims for unemployment insurance rose last week and recovered a piece of the decline in earlier weeks. The 54,000 week-to-week increase to 524,000 followed declines of 21,000 (slightly revised) and 98,000 during the prior two [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jan 15 2009
U.S. December PPI Fell Again; 2008 Strength in Pricing Abruptly Ends
U.S. producer prices for finished goods fell 1.9% last month versus expectations for a 2.0% drop. The decline was the fifth in as many months. Nevertheless, 2008 was a year when price increases as a whole were stronger than during [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jan 15 2009
U.S. December PPI Fell Again; 2008Strength in Pricing Abruptly Ends
U.S. producer prices for finished goods fell 1.9% last month versus expectations for a 2.0% drop. The decline was the fifth in as many months. Nevertheless, 2008 was a year when price increases as a whole were stronger than during [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jan 14 2009
U.S. Business Inventories Fell Further
Total business inventories fell 0.7% during November and it was the third consecutive monthly decline. Inventories just aren't needed as sales drop. The 6.6% annual rate of decline in inventories during the last three months is the [...]
by:Tom Moeller
|in:Economy in Brief
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