U.S. retail sales fell 0.4% last month and missed expectations for no change. November's gain was revised down slightly to 1.0% and the October figure also was revised down slightly to no change. Excluding autos sales similarly fell [...]
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 15 2008U.S. Retail Sales Miss Expectations
by:Tom Moeller
|in:Economy in Brief
- Global| Jan 14 2008
U.S. Budget Deficit Deeper in 1Q FY08: Growth in Receipts Down, Outlays Up
The U.S. government ran a budget surplus this past December of $48.261B, about the same as during December of 2006. These two figures were improved from the December deficits of the prior two years. For the first three months of FY08, [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jan 14 2008
U.S. Budget Deficit Deeper in 1Q FY08: Growth in Receipts Down, Outlays Up
The U.S. government ran a budget surplus this past December of $48.261B, about the same as during December of 2006. These two figures were improved from the December deficits of the prior two years. For the first three months of FY08, [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jan 11 2008
U.S. Import Prices Flat as Oil Levels Off
Overall import prices were unchanged, as expected, last month after the revised 3.3% spurt during November. Petroleum prices, overall, eased 0.6% after the 12.7% November surge. Crude petroleum prices rose 0.6% (53.5% y/y) after a [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jan 11 2008
U.S. Trade Deficit Deepest Since Last August, Oil Imports Surged
The U.S. foreign trade deficit deepened to $63.1B in November from an unrevised $57.8B during October. Consensus expectations had been for a deficit of $60.0B. During the first eleven months of 2007 the deficit averaged $59.1B versus [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jan 11 2008
U.S. Trade Deficit Deepest Since Last August, Oil Imports Surged
The U.S. foreign trade deficit deepened to $63.1B in November from an unrevised $57.8B during October. Consensus expectations had been for a deficit of $60.0B. During the first eleven months of 2007 the deficit averaged $59.1B versus [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jan 10 2008
U.S. Initial Unemployment Insurance Claims Fell
Initial claims for unemployment insurance unexpectedly fell 15,000 last week to 322,000. The 20,000 decline during the prior week was little revised. The latest level was the lowest in two months, although seasonal adjustment [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jan 10 2008
U.S. Initial Unemployment Insurance Claims Fell
Initial claims for unemployment insurance unexpectedly fell 15,000 last week to 322,000. The 20,000 decline during the prior week was little revised. The latest level was the lowest in two months, although seasonal adjustment [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jan 09 2008
U.S. Consumer Credit Growth Up in November, Trend Down Sharply
At an annual rate, consumer credit grew 7.7% in November. That was a recovery from the depressed 1.0% gain in October. In a sign of weaker consumer spending, year to year the 5.2% growth in credit is down slightly from its recent peak [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jan 09 2008
U.S. Consumer Credit Growth Up in November, Trend Down Sharply
At an annual rate, consumer credit grew 7.7% in November. That was a recovery from the depressed 1.0% gain in October. In a sign of weaker consumer spending, year to year the 5.2% growth in credit is down slightly from its recent peak [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jan 08 2008
Gasoline Prices Up Further
The retail price of gasoline rose a nickel last weeks to $3.11 per gallon following a seven cent rise during the prior week.
by:Tom Moeller
|in:Economy in Brief
- Global| Jan 08 2008
U.S. Chain Store Sales Touch a New High
In the opening week of the New Year, chain store sales rose a modest 0.4% according to the International Council of Shopping Centers (ICSC)-UBS.
by:Tom Moeller
|in:Economy in Brief
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