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 [...]
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 13 2007U.S. Trade Deficit Deepened Unexpectedly
by:Tom Moeller
|in:Economy in Brief
- Global| Feb 12 2007
Revenue Surge Benefits U.S. Budget
The U.S. federal government ran a surplus of $38.2B during January, nearly double the surplus of $21B during January 2006. The monthly figure was near Consensus expectations for a surplus of $40B. Analysts' forecasts of the Federal [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Feb 12 2007
Challenger Layoffs Up a Bit
Announced job cuts reported by Challenger, Grey & Christmas in January rose 15.2% to 62,975 and reversed about half of the prior month's decline. The three month moving average of layoff announcements nevertheless declined to 64,797, [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Feb 12 2007
Revenue Surge Benefits U.S. Budget
The U.S. federal government ran a surplus of $38.2B during January, nearly double the surplus of $21B during January 2006. The monthly figure was near Consensus expectations for a surplus of $40B. Analysts' forecasts of the Federal [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Feb 08 2007
Initial Claims for Unemployment Insurance Inched Up
Initial unemployment insurance claims inched up 3,000 last week to 311,000 after a little revised 19,000 decline the week prior. The figure about matched Consensus expectations for 310,000 claims. During the last ten years there has [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Feb 08 2007
Initial Claims for Unemployment Insurance Inched Up
Initial unemployment insurance claims inched up 3,000 last week to 311,000 after a little revised 19,000 decline the week prior. The figure about matched Consensus expectations for 310,000 claims. During the last ten years there has [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Feb 07 2007
Mortgage Applications About Flat
The total number of mortgage applications were about flat last week after a 3.2% jump at the end of January according to the Mortgage Bankers Association. Purchase applications fell 0.8% marking the third decline in the last four [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Feb 07 2007
U.S. Productivity Stronger Than Expected in 4Q
Nonfarm labor productivity grew 3.0% last quarter after a downwardly revised 0.1% downtick during 3Q06. The gain was well ahead of Consensus expectations and raised growth of 2.1% for the whole year about even with the 2.3% increase [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Feb 07 2007
U.S. Productivity Stronger Than Expected in 4Q
Nonfarm labor productivity grew 3.0% last quarter after a downwardly revised 0.1% downtick during 3Q06. The gain was well ahead of Consensus expectations and raised growth of 2.1% for the whole year about even with the 2.3% increase [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Feb 06 2007
Gasoline Prices Rose Slightly
Unleaded gasoline prices at the pump rose slightly last week to an average $2.19 per gallon after two weeks unchanged at $2.17. Colder temperatures have given lift to crude oil prices which recently have hovered just under $60.00 per [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Feb 06 2007
Weekly Chain Store Sales Recover
With a 1.3% increase last week, the International Council of Shopping Centers (ICSC)-UBS survey indicated that chain store sales recovered from the sharp 0.9% decline at the end of January. The lift enabled the new month to begin 0.7% [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Feb 06 2007
Weekly Chain Store Sales Recover
With a 1.3% increase last week, the International Council of Shopping Centers (ICSC)-UBS survey indicated that chain store sales recovered from the sharp 0.9% decline at the end of January. The lift enabled the new month to begin 0.7% [...]
by:Tom Moeller
|in:Economy in Brief
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