The University of Michigan's reading of consumer sentiment in mid-September jumped 16.0% from August to an index level of 73.1. That was the highest level since January and the gain contrasted with Consensus expectations for a reading [...]
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| Sep 12 2008Michigan Consumer Sentiment Jumped With Lower Oil Prices
by:Tom Moeller
|in:Economy in Brief
- Global| Sep 12 2008
U.S. PPI Fell With Lower Gasoline Prices, Core Pricing Power Strong
U.S. finished producer prices declined 0.9% during July following a revised 1.2% increase during June. The decline was roughly double Consensus expectations for a 0.5% drop. Lower energy prices pulled the overall PPI down with a 4.6% [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Sep 12 2008
U.S. Retail Sales Weak: A Broad-Based Decline
The Commerce Department reported that August retail sales fell 0.3%. The decline followed a revised 0.5% July drop that was deeper than reported initially. The June sales figures also were revised weaker. On a three-month basis [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Sep 12 2008
U.S. Retail Sales Weak: A Broad-Based Decline
The Commerce Department reported that August retail sales fell 0.3%. The decline followed a revised 0.5% July drop that was deeper than reported initially. The June sales figures also were revised weaker. On a three-month basis [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Sep 11 2008
U.S. Budget Deficit Stable in August, Swelled Year-to-Date
The U.S. government's August budget deficit of $111.9B was roughly equal to the deficit of last August of $117.0B. Moreover, based on expectations formed by Public Debt Transactions from the Daily Treasury Statement, the budget [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Sep 11 2008
U.S. Initial Claims for Jobless Insurance Slipped But Remained High
Initial claims for unemployment insurance slipped last week to 445,000 but the prior week's level was revised higher to 451,000. The four-week moving average held roughly stable at 440,000 (35.4% y/y) and remained near the highest [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Sep 11 2008
U.S. Total Import Prices Fell With Oil Price Decline
U.S. import prices overall slid 3.7% last month. The decline followed a revised 0.2% July uptick and gains between 2.0% and 3.0% during the prior four months. The August decline was double expectations for a 1.5% drop. The decline was [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Sep 11 2008
U.S. Trade Deficit Deepened As Oil Prices Rose
The U.S. foreign trade deficit for July reversed its earlier improvement and deepened to $62.2B after shrinking to $58.8B in June which was deeper than reported last month. A deficit of $58.0B had been the Consensus expectation for [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Sep 11 2008
U.S. Trade Deficit Deepened As Oil Prices Rose
The U.S. foreign trade deficit for July reversed its earlier improvement and deepened to $62.2B after shrinking to $58.8B in June which was deeper than reported last month. A deficit of $58.0B had been the Consensus expectation for [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Sep 10 2008
U.S. Mortgage Applications Jumped
The total number of mortgage applications jumped 9.5% last week after a 7.5% increase during the week prior, according to the Mortgage Bankers Association. As a result, applications in early-September were 15.3% above the August [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Sep 10 2008
JOLTS: U.S. Job Openings Fell in July
The Bureau of Labor Statistics reported in the July Job Openings & Labor Turnover Survey (JOLTS) that the number of job openings fell a revised 2.3% (-17.0% y/y) from June. The drop followed a revised 3.7% June decline which was much [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Sep 10 2008
JOLTS: U.S. Job Openings Fell in July
The Bureau of Labor Statistics reported in the July Job Openings & Labor Turnover Survey (JOLTS) that the number of job openings fell a revised 2.3% (-17.0% y/y) from June. The drop followed a revised 3.7% June decline which was much [...]
by:Tom Moeller
|in:Economy in Brief
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