Chain store sales last week fell 0.8% after the 0.1% uptick during Thanksgiving week, according to the International Council of Shopping Centers-Goldman Sachs Index. The level of sales during the latest week was the lowest since [...]
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| Dec 09 2008U.S. Chain Store Sales At 12-Month Low
by:Tom Moeller
|in:Economy in Brief
Global| Dec 09 2008U.S. Gasoline Prices Fell Further to Their Lowest Since 2004
The pump price for a gallon of regular gasoline fell last week to $1.70, the lowest level since early 2005 according to the U.S. Department of Energy survey. The latest price was down eleven cents per gallon from the prior week and [...]
by:Tom Moeller
|in:Economy in Brief
Global| Dec 09 2008U.S. Small Business Optimism Roughly Steady at 1975 Low
According to the National Federation of Independent Business (NFIB), small business optimism held roughly steady last month. At 87.8, the index rose 0.3% m/m from October after that month's 5.8% decline to the lowest level since [...]
by:Tom Moeller
|in:Economy in Brief
Global| Dec 09 2008U.S. Small Business Optimism Roughly Steady at 1975 Low
According to the National Federation of Independent Business (NFIB), small business optimism held roughly steady last month. At 87.8, the index rose 0.3% m/m from October after that month's 5.8% decline to the lowest level since [...]
by:Tom Moeller
|in:Economy in Brief
Global| Dec 05 2008U.S. Consumer Credit Usage Down; Mortgage Delinquencies Surge
The usage of consumer credit continued to fall as it never has before. During October, consumer credit outstanding fell $3.6 billion m/m. Though that lagged a $6.5B decline back in August, it still was one of the largest in the [...]
by:Tom Moeller
|in:Economy in Brief
Global| Dec 05 2008U.S. Payrolls Slashed 533,000; 6.7% Jobless Rate Highest Since 1993
Nonfarm payrolls were slashed during November by the most during any one month since December 1974. The 533,000 decline followed shortfalls of 320,000 and 403,000 during October and September, both of which were larger than reported [...]
by:Tom Moeller
|in:Economy in Brief
Global| Dec 05 2008U.S. Payrolls Slashed 533,000;6.7% Jobless Rate Highest Since 1993
Nonfarm payrolls were slashed during November by the most during any one month since December 1974. The 533,000 decline followed shortfalls of 320,000 and 403,000 during October and September, both of which were larger than reported [...]
by:Tom Moeller
|in:Economy in Brief
Global| Dec 04 2008U.S. Mortgage Applications Surged Last Week
According to the Mortgage Bankers Association, the total number of mortgage applications more than doubled last week as borrowers rushed to take advantage of lower interest rates and when the Fed announced that it would buy GSE debt [...]
by:Tom Moeller
|in:Economy in Brief
Global| Dec 04 2008U.S. Factory Inventories Fell Again
Factory inventories dropped again in October. The 0.6% m/m decline followed a 0.8% slide during the month prior. They were the first back-to-back monthly declines since 2003. Inventories in the transportation sector have been rising [...]
by:Tom Moeller
|in:Economy in Brief
Global| Dec 04 2008U.S. Weekly Claims For Jobless Insurance Fell, But Month's Level Still High
For the second consecutive week, initial claims for unemployment insurance fell. Nevertheless, claims remained near their highest level since the last recession. The 21,000 drop to 509,000 followed a little-revised 13,000 decline [...]
by:Tom Moeller
|in:Economy in Brief
Global| Dec 04 2008U.S. Weekly Claims For Jobless Insurance Fell, But Month's Level Still High
For the second consecutive week, initial claims for unemployment insurance fell. Nevertheless, claims remained near their highest level since the last recession. The 21,000 drop to 509,000 followed a little-revised 13,000 decline [...]
by:Tom Moeller
|in:Economy in Brief
Global| Dec 03 2008U.S. Challenger Layoffs More Than Doubled Y/Y To The Highest Since 2002
According to the Challenger, Grey & Christmas survey, layoffs jumped last month to their highest level since January of 2002, just following the last recession. The level of 181,671 was more than double the year-earlier level of [...]
by:Tom Moeller
|in:Economy in Brief
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