Total business inventories grew just 0.1% during March. The gain was less than the expected 0.4% rise and the 0.5% February increase was little revised. The annualized three month growth in inventories backed off slightly to 6.6% from [...]
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| May 13 2008U.S. Business Inventory Gain Slowed, Retail Inventories Fell
by:Tom Moeller
|in:Economy in Brief
- Global| May 13 2008
U.S. Total Import Prices Surged, Ex. Oil They Jumped As Well
Overall import prices surged last month. The 1.8% gain was right in line with expectations and it followed an even stronger 2.9% surge during March. Together the increases were the strongest on record. Petroleum prices jumped 4.4% [...]
by:Tom Moeller
|in:Economy in Brief
- Global| May 13 2008
U.S. Chain Store Sales Fell Hard Last Week
The International Council of Shopping Centers reported that chain store sales fell 1.0% last week after the prior period's 0.2% dip.
by:Tom Moeller
|in:Economy in Brief
- Global| May 13 2008
U.S. Retail Sales Fell in April, Nonauto Sales Firmer
U.S. retail sales fell an expected 0.2% last month after an unrevised 0.2% March increase. These latest two months' sales point up the recent weakness in consumer spending. The April sales level was down 0.8% from its peak last [...]
by:Tom Moeller
|in:Economy in Brief
- Global| May 13 2008
U.S. Retail Sales Fell in April, Nonauto Sales Firmer
U.S. retail sales fell an expected 0.2% last month after an unrevised 0.2% March increase. These latest two months' sales point up the recent weakness in consumer spending. The April sales level was down 0.8% from its peak last [...]
by:Tom Moeller
|in:Economy in Brief
- Global| May 12 2008
U.S. April Budget Surplus Down, 2008 FYTD Deficit Nearly Doubled
As it usually does in April, the U.S. government ran a budget surplus of $159.3B. The figure was down slightly, however, from last year's unusually large April surplus of $177.7B. Based on expectations formed by Public Debt [...]
by:Tom Moeller
|in:Economy in Brief
- Global| May 12 2008
U.S. April Budget Surplus Down, 2008 FYTD Deficit Nearly Doubled
As it usually does in April, the U.S. government ran a budget surplus of $159.3B. The figure was down slightly, however, from last year's unusually large April surplus of $177.7B. Based on expectations formed by Public Debt [...]
by:Tom Moeller
|in:Economy in Brief
- Global| May 09 2008
U.S. Trade Deficit Narrowed Unexpectedly in March
The U.S. foreign trade deficit narrowed unexpectedly to $58.2B in March from $61.7B in February, revised slightly shallower. Consensus expectations had been for a March deficit of $61.2B. So far this year the deficit has averaged [...]
by:Tom Moeller
|in:Economy in Brief
- Global| May 09 2008
U.S. Trade Deficit Narrowed Unexpectedly in March
The U.S. foreign trade deficit narrowed unexpectedly to $58.2B in March from $61.7B in February, revised slightly shallower. Consensus expectations had been for a March deficit of $61.2B. So far this year the deficit has averaged [...]
by:Tom Moeller
|in:Economy in Brief
- Global| May 08 2008
U.S. Consumer Credit Growth Up in March, Stable With 2007
Consumer credit outstanding rose $15.3B during March after an upwardly revised $6.6B February increase. The gain was more than twice the rise that was generally expected. On a percentage basis, the change in consumer credit over the [...]
by:Tom Moeller
|in:Economy in Brief
- Global| May 08 2008
U.S. Initial Jobless Insurance Claims Dip
Last week's initial claims for unemployment insurance continued the recent up/down pattern, with an upward drift, of the last several periods. They fell by 18,000 to 365,000 after an upwardly revised 38,000 increase during the prior [...]
by:Tom Moeller
|in:Economy in Brief
- Global| May 08 2008
U.S. Consumer Credit Growth Up in March, Stable With 2007
Consumer credit outstanding rose $15.3B during March after an upwardly revised $6.6B February increase. The gain was more than twice the rise that was generally expected. On a percentage basis, the change in consumer credit over the [...]
by:Tom Moeller
|in:Economy in Brief
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