The International Council of Shopping Centers (ICSC)-UBS survey indicated that chain store sales slipped for the third week in the last four. The 0.1% decline last week lowered sales so far this month to a level that is all of 0.1% [...]
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 21 2007Weekly Chain Store Sales Slipped Again
by:Tom Moeller
|in:Economy in Brief
- Global| Feb 21 2007
Mortgage Applications Off Sharply
The total number of mortgage applications dropped 5.2%% last week to the lowest level since the last week in December, according to the Mortgage Bankers Association. Purchase applications dropped 4.8% for the fifth down week in the [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Feb 21 2007
Gasoline Prices Firmed Further
Unleaded gasoline prices at the pump rose for the third straight week to an average $2.30 per gallon. Since the late January low, prices have risen 13 cents (6.1%) but they are still well below the peaks of last year. After rising [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Feb 21 2007
CPI Up More Than Expected: Tobacco & Medical Care Strong
The consumer price index (CPI-U) rose 0.2% last month. The gain was half the 0.4% increase in December but it greatly exceeded Consensus expectations for no change. A firm gain in core prices was behind the strength. Prices less food [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Feb 20 2007
Chicago Fed Nat'l Activity Index Quite Negative
The National Activity Index (CFNAI) from the Federal Reserve Bank of Chicago in January reversed all of its upwardly revised December improvement. The decline to -0.74 was to the lowest level since September 2005. The three-month [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Feb 20 2007
Chicago Fed Nat'l Activity Index Quite Negative
The National Activity Index (CFNAI) from the Federal Reserve Bank of Chicago in January reversed all of its upwardly revised December improvement. The decline to -0.74 was to the lowest level since September 2005. The three-month [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Feb 14 2007
Mortgage Applications Up
The total number of mortgage applications increased 1.5% last week after a slight 0.2% decline to start the month, according to the Mortgage Bankers Association. The gain was wholly due to a 4.5% rise in applications to refinance [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Feb 14 2007
U.S. Retail Sales Eased After Firmed December
In January, US retail sales slipped marginally after a December gain that was revised up to 1.2% from 0.9% reported initially. The figure for last month fell short of Consensus expectations for a modest 0.3% rise. Excluding autos, [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Feb 14 2007
U.S. Retail Sales Eased After Firmed December
In January, US retail sales slipped marginally after a December gain that was revised up to 1.2% from 0.9% reported initially. The figure for last month fell short of Consensus expectations for a modest 0.3% rise. Excluding autos, [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Feb 13 2007
Gasoline Prices Rose Again
Unleaded gasoline prices at the pump rose for the second straight week and the nickel increase to an average $2.24 per gallon was to the highest level in a month. Colder temperatures have lent strength both to crude oil prices which [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Feb 13 2007
Small Business Optimism Improved
Small business optimism in January rose for the first month in three. The 2.5% increase recouped only a piece of the 3.2% December decline, according to the National Federation of Independent Business (NFIB). During the last ten years [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Feb 13 2007
U.S. Trade Deficit Deepened Unexpectedly
The U.S. foreign trade deficit deepened unexpectedly in December to $61.2B from a little revised $58.1B during November. The figure compared to Consensus expectations for a deficit of $59.6B. For the year, the trade deficit deepened [...]
by:Tom Moeller
|in:Economy in Brief
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