Chain store sales last week fell moderately for the second week, according to the International Council of Shopping Centers (ICSC)-UBS. That pulled sales for all of June 0.5% below the May average which fell 0.7% from April.
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| Jul 03 2007Chain Store Sales Fell Moderately
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 03 2007
U.S. Factory Inventory Gain Slowed With Negative Shipment Growth
Factory inventories rose 0.4% during May after the moderate 0.4% gain in April. The gains left the y/y growth at 4.3%. Slower than the 6.4% rate of accumulation during all of 2006. Much of the slowdown has occurred in inventories of [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 02 2007
National PMI Up Slightly
The national purchasing managers report for activity in July rose to 56 from an unrevised levels of 55 during June, according to the Institute of Supply Management. Strength in the sub-index of production was notable with a 4.6 point [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 02 2007
National PMI Up Slightly
The national purchasing managers report for activity in July rose to 56 from an unrevised levels of 55 during June, according to the Institute of Supply Management. Strength in the sub-index of production was notable with a 4.6 point [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jun 22 2007
U.S. Leading Economic Indicators Up for Second Time This Year
The composite index of leading economic indicators rose an expected 0.3% last month and fully recouped a 0.3% decline during April. The May gain was only the second monthly increase this year, according to the Conference Board and [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jun 22 2007
U.S. Leading Economic Indicators Up for Second Time This Year
The composite index of leading economic indicators rose an expected 0.3% last month and fully recouped a 0.3% decline during April. The May gain was only the second monthly increase this year, according to the Conference Board and [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jun 21 2007
Philadelphia Fed Index Highest Since Early 2005
The General Activity Index published by the Federal Reserve Bank of Philadelphia improved sharply this month to 18.0 versus a May reading of 4.2. The average level of the index during the second quarter also improved to 7.5, the [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jun 21 2007
Initial Claims for Unemployment Insurance Higher
Initial unemployment insurance claims moved higher last week by 10,000 to 324,000 after increases of 2,000 and 3,000 during the prior two weeks. During the last ten years there has been a (negative) 77% correlation between the level [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jun 21 2007
Initial Claims for Unemployment Insurance Higher
Initial unemployment insurance claims moved higher last week by 10,000 to 324,000 after increases of 2,000 and 3,000 during the prior two weeks. During the last ten years there has been a (negative) 77% correlation between the level [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Feb 22 2007
Help-Wanted Advertising Off
The Conference Board reported that its Index of Help-Wanted Advertising in January fell to 32 from an upwardly revised 34 in December. During the last ten years there has been a 57% correlation between the level of help-wanted [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Feb 22 2007
Initial Claims for Jobless Insurance Down Less Than Expected
Initial unemployment insurance claims fell 27,000 to 332,000 after a revised 46,000 increase the week prior. The figure fell short of Consensus expectations for a decline to 325,000 claims. During the last ten years there has been a [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Feb 22 2007
Initial Claims for Jobless Insurance Down Less Than Expected
Initial unemployment insurance claims fell 27,000 to 332,000 after a revised 46,000 increase the week prior. The figure fell short of Consensus expectations for a decline to 325,000 claims. During the last ten years there has been a [...]
by:Tom Moeller
|in:Economy in Brief
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