For Fiscal Year 2007, the U.S. government's budget deficit narrowed sharply to 162.8B versus a deficit during FY 2006 of 248.2B. For the third consecutive year, the deficit's narrowing occurred as revenue growth surged ahead of [...]
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| Oct 15 2007U.S. Budget Deficit Narrowed Sharply
by:Tom Moeller
|in:Economy in Brief
- Global| Oct 12 2007
Michigan Consumer Sentiment Down
The University of Michigan's preliminary reading of consumer sentiment in early October fell 1.7% to 82.0 after no change in September and a huge 7.7% drop in August. The decline exceeded Consensus expectations for a reading of 84.0. [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Oct 12 2007
U.S. Retail Sales Beat Forecasts, But Nonauto Sales Weak
U.S. September retail sales rise of 0.6% beat forecasts for a 0.2% uptick. The prior month's 0.3% gain was unrevised. A 1.2% advance in motor vehicle purchases added to a 3.3% August rise. Excluding autos, sales rose 0.4% and offset a [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Oct 12 2007
U.S. PPI Strong, Core Weak
Finished producer prices rose 1.1% last month and recouped virtually all of the 1.4% decline during August. The increase, led by higher food & energy prices, topped consensus expectations for a 0.4% rise. Energy prices were strongest [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Oct 12 2007
U.S. PPI Strong, Core Weak
Finished producer prices rose 1.1% last month and recouped virtually all of the 1.4% decline during August. The increase, led by higher food & energy prices, topped consensus expectations for a 0.4% rise. Energy prices were strongest [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Oct 11 2007
U.S. Import Price Deflation Ended by Lower Dollar
U.S. September import prices jumped 5.4% as petroleum prices surged. Consensus expectations had been for a 1.0% increase. Some stabilization of that upward pressure seems likely for October since so far in the month, Brent crude oil [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Oct 11 2007
U.S. Initial Jobless Insurance Claims Down
Initial claims for unemployment insurance opened the month of October with a reversal of most of prior week's rise and fell 12,000 to 308,000. The labor Department indicated that there were no special factors that distorted these [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Oct 11 2007
U.S. August Trade Deficit Smallest Since January
The U.S. foreign trade deficit in August narrowed very slightly to $57.6B from $59.0B in July which was revised slightly shallower from the initial report. The August deficit was below Consensus expectations for a deficit of $58.7B. [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Oct 11 2007
U.S. August Trade Deficit Smallest Since January
The U.S. foreign trade deficit in August narrowed very slightly to $57.6B from $59.0B in July which was revised slightly shallower from the initial report. The August deficit was below Consensus expectations for a deficit of $58.7B. [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Oct 10 2007
U.S. Gasoline Prices Move Further Sideways
The Department of Energy indicated yesterday that U.S. retail gasoline prices were $2.77 per gallon. That is down 47 cents, or 15%, from the recent high of $3.22 in the middle of May. But since the beginning of August, gasoline prices [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Oct 10 2007
U.S. Gasoline Prices Move Further Sideways
The Department of Energy indicated yesterday that U.S. retail gasoline prices were $2.77 per gallon. That is down 47 cents, or 15%, from the recent high of $3.22 in the middle of May. But since the beginning of August, gasoline prices [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Oct 10 2007
U.S. Gasoline Prices Move Further Sideways
The Department of Energy indicated yesterday that U.S. retail gasoline prices were $2.77 per gallon. That is down 47 cents, or 15%, from the recent high of $3.22 in the middle of May. But since the beginning of August, gasoline prices [...]
by:Tom Moeller
|in:Economy in Brief
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