Chain store sales fell another 0.2% last week on the heels of a 1.1% drop the week prior, according to the International Council of Shopping Centers (ICSC)-UBS. Average October sales, therefore, fell 0.7% following a 0.5% decline [...]
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 31 2006Chain Store Sales Momentum Gone
by:Tom Moeller
|in:Economy in Brief
Global| Oct 31 2006Gasoline Prices Stable
The retail price for a gallon of regular unleaded gasoline rose a penny last week to an average $2.22 (-10.6% y/y) and prices have been roughly unchanged for the last three weeks following sharp declines during August and September. [...]
by:Tom Moeller
|in:Economy in Brief
Global| Oct 31 2006Consumer Confidence Eased
Consumer confidence in October eased 0.5% to 105.4 following an upwardly revised 5.7% gain during September, the Conference Board reported. The decline ran counter to Consensus expectations for an increase to 107.9. During the last [...]
by:Tom Moeller
|in:Economy in Brief
Global| Oct 31 2006Employment Cost Index Accelerated Further
The employment cost index for private industry workers increased 0.9% last quarter, as expected, following the unrevised 0.8% increase during 2Q. Both increases were up from a 0.6% 1Q gain The gain raised the year to year increase to [...]
by:Tom Moeller
|in:Economy in Brief
Global| Oct 31 2006Consumer Confidence Eased
Consumer confidence in October eased 0.5% to 105.4 following an upwardly revised 5.7% gain during September, the Conference Board reported. The decline ran counter to Consensus expectations for an increase to 107.9. During the last [...]
by:Tom Moeller
|in:Economy in Brief
Global| Oct 30 2006U.S. Personal Income Firm, Core Price Increases Stable-to-Lower
Personal income beat expectations last month and rose 0.5% after an upwardly revised 0.4% August increase. Despite these firm gains, the three month income rise at 5.5% (AR) is down from near 10% growth early this year. Disposable [...]
by:Tom Moeller
|in:Economy in Brief
Global| Oct 30 2006U.S. Personal Income Firm, Core Price Increases Stable-to-Lower
Personal income beat expectations last month and rose 0.5% after an upwardly revised 0.4% August increase. Despite these firm gains, the three month income rise at 5.5% (AR) is down from near 10% growth early this year. Disposable [...]
by:Tom Moeller
|in:Economy in Brief
Global| Oct 27 2006U.S. Consumer Sentiment Improved Further
The University of Michigan's full month reading of October consumer sentiment rose 9.6% from September to 93.6 after a preliminary indication of an 8.1% rise. The gain exceeded Consensus expectations for a reading of 92.5 and was to [...]
by:Tom Moeller
|in:Economy in Brief
Global| Oct 27 2006US GDP Growth Weakest Since 2003
U.S. real GDP grew just 1.6% (AR) last quarter, well below the 3.5% average of the prior four quarters and the weakest since 1Q 2003. Growth even fell short of Consensus expectations for a 2.5% rise. Virtually all of the [...]
by:Tom Moeller
|in:Economy in Brief
Global| Oct 27 2006US GDP Growth Weakest Since 2003
U.S. real GDP grew just 1.6% (AR) last quarter, well below the 3.5% average of the prior four quarters and the weakest since 1Q 2003. Growth even fell short of Consensus expectations for a 2.5% rise. Virtually all of the [...]
by:Tom Moeller
|in:Economy in Brief
Global| Oct 26 2006Help-Wanted Advertising: Stable & Low
The Conference Board reported that its Index of Help-Wanted Advertising held at 30 in September after having dropped the prior month to a new forty five year low. During the last ten years there has been a 57% correlation between the [...]
by:Tom Moeller
|in:Economy in Brief
Global| Oct 26 2006Initial Claims for Unemployment Insurance Reversed Decline
Initial claims for unemployment insurance last week rose 8,000 and reversed the little revised 9,000 worker decline during the prior period. At 308,000 claims remained low but up slightly from the lowest levels near 280,000 reached [...]
by:Tom Moeller
|in:Economy in Brief
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