The U.S. government ran a budget surplus last month of $17.8B. The news did not, however, represent real improvement in the government's budget condition. The surplus shrank and was roughly half that during January of 2007 when a [...]
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 19 2008U.S. Budget Deficit Deeper: A Weaker Economy
by:Tom Moeller
|in:Economy in Brief
Global| Feb 15 2008Michigan Consumer Sentiment Dropped Hard
During early February, the University of Michigan's consumer sentiment index fell a hard 11.2% from the January average to a level of 69.6. A reading of 76 had been expected. It was the largest m/m decline since 2005 and it was to the [...]
by:Tom Moeller
|in:Economy in Brief
Global| Feb 15 2008U.S. Industrial Production Ticked 0.1% Higher
Industrial production ticked 0.1% higher last month following an upwardly revised 0.1% rise during December. The latest increase was as expected. Factory output also rose 0.1% after an upwardly revised 0.2% December increase. The m/m [...]
by:Tom Moeller
|in:Economy in Brief
Global| Feb 15 2008U.S. Import Price Rise Strong
Overall import prices during January rose a strong 1.7%. The rise, which was three times expectations, followed the December respite when temporarily lower oil prices produced a revised 0.2% decline initially reported as no change. [...]
by:Tom Moeller
|in:Economy in Brief
Global| Feb 15 2008Michigan Consumer Sentiment Dropped Hard
During early February, the University of Michigan's consumer sentiment index fell a hard 11.2% from the January average to a level of 69.6. A reading of 76 had been expected. It was the largest m/m decline since 2005 and it was to the [...]
by:Tom Moeller
|in:Economy in Brief
Global| Feb 14 2008U.S. Business Inventory Accumulation Down in 4Q Due To Autos
The latest figures from the Commerce Department indicate that total business inventory accumulation in December of 0.6% followed a 0.4% November rise. The three month change in inventories of 4.5% (AR) was down from a 4.9% rate of [...]
by:Tom Moeller
|in:Economy in Brief
Global| Feb 14 2008U.S. Weekly Initial Jobless Insurance Claims Slipped, Monthly Rose
Initial claims for jobless insurance slipped another 9,000 to 348,000 last week after the prior week's 21,000 decline. For February, claims so far are up 26,000, or 8.0%, from the January average. The latest weekly level remained near [...]
by:Tom Moeller
|in:Economy in Brief
Global| Feb 14 2008U.S. Trade Deficit Narrowed Sharply
The U.S. foreign trade deficit in December narrowed sharply to $58.8B from an unrevised $63.1B during November. The figure compared to Consensus expectations for a deficit of $61.4B and it pulled the annual deficit for 2007 to [...]
by:Tom Moeller
|in:Economy in Brief
Global| Feb 14 2008U.S. Trade Deficit Narrowed Sharply
The U.S. foreign trade deficit in December narrowed sharply to $58.8B from an unrevised $63.1B during November. The figure compared to Consensus expectations for a deficit of $61.4B and it pulled the annual deficit for 2007 to [...]
by:Tom Moeller
|in:Economy in Brief
Global| Feb 13 2008U.S. Retail Sales Above Expectations: Auto Sales & Gas Prices Rose
U.S. retail sales rose 0.3% during January following an unrevised 0.4% decline during December. The gain beat expectations for a 0.2% decline. Motor vehicle & parts purchases rose 0.6% (-0.2% y/y). The rise contrasted with an earlier [...]
by:Tom Moeller
|in:Economy in Brief
Global| Feb 13 2008U.S. Retail Sales Above Expectations: Auto Sales & Gas Prices Rose
U.S. retail sales rose 0.3% during January following an unrevised 0.4% decline during December. The gain beat expectations for a 0.2% decline. Motor vehicle & parts purchases rose 0.6% (-0.2% y/y). The rise contrasted with an earlier [...]
by:Tom Moeller
|in:Economy in Brief
Global| Feb 12 2008JOLTS: Job Openings Down in 2007
The Bureau of Labor Statistics reported in the Job Openings & Labor Turnover Survey (JOLTS) that the December '07 job openings rate was unchanged from the prior month at 2.8%. That level was, however, down from the highs of late 2006. [...]
by:Tom Moeller
|in:Economy in Brief
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