At $725.8B the U.S. foreign trade deficit set another record last year, up from the prior record of $617.6B in 2004. The year was capped by a December deficit in goods & services trade of $65.7B versus the November deficit that was [...]
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 10 2006U.S. 2005 Trade Deficit Another Record Paced by Oil & China
by:Tom Moeller
|in:Economy in Brief
- Global| Feb 09 2006
Initial Claims for Unemployment Insurance Ticked Up
Initial claims for jobless insurance ticked 4,000 higher last week to 277,000 following an unrevised 11,000 worker decline the prior week. Initial claims have been below 300,000 during five of the last six weeks. Consensus [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Feb 09 2006
Initial Claims for Unemployment Insurance Ticked Up
Initial claims for jobless insurance ticked 4,000 higher last week to 277,000 following an unrevised 11,000 worker decline the prior week. Initial claims have been below 300,000 during five of the last six weeks. Consensus [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Feb 08 2006
Natural Gas Prices Down Sharply
Record warm temperatures in the U.S. have helped lower the price of natural gas this year. Since a high of $14.51 per mmbtu during the middle of December prices fell 42% through last week to $8.40 and were down again yesterday at [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Feb 08 2006
Mortgage Applications Lower Again
The total number of mortgage applications fell again last week, by 1.2%, following the prior period's 5.1% drop. Mortgage applications during all of January rose 5.2% following three months of sharp decline but began February down [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Feb 08 2006
Mortgage Applications Lower Again
The total number of mortgage applications fell again last week, by 1.2%, following the prior period's 5.1% drop. Mortgage applications during all of January rose 5.2% following three months of sharp decline but began February down [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Feb 07 2006
JOLTS: More U.S. Job Openings, Less Hiring?
The Bureau of Labor Statistics reported that the job openings rate, from the Job Openings & Labor Turnover Survey (JOLTS), rose again in December as the US job market firmed further. The rate rose to 2.9% from 2.8% in November and [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Feb 07 2006
Chain Store Sales Up, Gasoline Prices Down
Chain store sales surged 2.0% during the opening week of February and recovered all of the prior week's sharp 1.1% decline, according to the International Council of Shopping Centers (ICSC)-UBS survey. As a result of the jump, sales [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Feb 07 2006
JOLTS: More U.S. Job Openings, Less Hiring?
The Bureau of Labor Statistics reported that the job openings rate, from the Job Openings & Labor Turnover Survey (JOLTS), rose again in December as the US job market firmed further. The rate rose to 2.9% from 2.8% in November and [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Feb 06 2006
Gold & Oil Prices Higher Still
Friday's gold price of $569 per ounce underscored concerns that inflationary price pressures continue to build. Since 1980 there has been a 66% correlation between the level of gold prices and the y/y change in consumer prices. Gold [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Feb 06 2006
Gold & Oil Prices Higher Still
Friday's gold price of $569 per ounce underscored concerns that inflationary price pressures continue to build. Since 1980 there has been a 66% correlation between the level of gold prices and the y/y change in consumer prices. Gold [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Feb 03 2006
U.S. Factory Inventory Accumulation Slowed
Factory inventories grew 0.5% during December following an upwardly revised 0.3% increase during November. During the year, the rate of inventory accumulation slowed to 4.3% from 7.7% during 2004. The rise last year in oil prices [...]
by:Tom Moeller
|in:Economy in Brief
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