The International Council of Shopping Centers (ICSC)-UBS indicated that chain store sales ticked 0.2% higher during the opening week of July following two consecutive weeks of decline. As a result, sales began the month 0.4% below the [...]
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 11 2006Chain Store Sales Rose Slightly
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 11 2006
Small Business Optimism Continued Lower
Small business optimism in June fell another 1.8%, according to the National Federation of Independent Business (NFIB). It was the fourth m/m decline this year. During the last ten years there has been a 70% correlation between the [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 11 2006
Small Business Optimism Continued Lower
Small business optimism in June fell another 1.8%, according to the National Federation of Independent Business (NFIB). It was the fourth m/m decline this year. During the last ten years there has been a 70% correlation between the [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 10 2006
OECD Leaders Slip, North America Down
The Leading Index of the major 7 OECD economies slipped 0.1% during May and reversed a downwardly revised 0.1% gain the prior month. It was the first decline in the index since April of last year and it lowered the index's six month [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 10 2006
OECD Leaders Slip, North America Down
The Leading Index of the major 7 OECD economies slipped 0.1% during May and reversed a downwardly revised 0.1% gain the prior month. It was the first decline in the index since April of last year and it lowered the index's six month [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 07 2006
Growth in U.S. Payrolls Moderate, Wages Jump
A 121,000 gain in June nonfarm payrolls fell short of Consensus expectations for a 155,000 increase. Disappointment should be mitigated, however, by details within the jobs report that indicate continuing, moderate expansion of the [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 07 2006
Growth in U.S. Payrolls Moderate, Wages Jump
A 121,000 gain in June nonfarm payrolls fell short of Consensus expectations for a 155,000 increase. Disappointment should be mitigated, however, by details within the jobs report that indicate continuing, moderate expansion of the [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 06 2006
U.S. Factory Inventory Accumulation Stalled in May
Factory inventory accumulation stalled during May but that followed an upwardly revised 1.0% April increase. Despite the latest stall, the running rate of inventory accumulation this year matches the gains in 2005. Inventories of [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 06 2006
Mortgage Applications Up, Rates Fell
The total number of mortgage applications rose 5.9% last week and recovered about all of the prior week's sharp decline. For the month of June, the average number of applications fell 1.5% from May. A 6.5% increase in purchase [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 06 2006
Challenger Layoffs Rose
Challenger, Grey & Christmas indicated that announced job cuts rose 25.1% last month (67,176) to the highest level since February. During the last ten years there has been an 83% (inverse) correlation between the three month moving [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 06 2006
ISM Nonmanufacturing Index Down
The June Business Activity Index for the non-manufacturing sector about matched the three point May decline and fell to 57.0, reported the Institute for Supply Management (ISM). Consensus expectations for a lesser decline to 59.0. For [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 06 2006
Initial Claims for Unemployment Insurance Fell
Initial unemployment insurance claims slipped 2,000 to 313,000 last week after a 6,000 rise the prior week that was upwardly revised, slightly. Consensus expectations had been for 315,000 claims. The four-week moving average of [...]
by:Tom Moeller
|in:Economy in Brief
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