January US retail sales surged 2.3% as temperatures posted record highs. The increase by far exceeded Consensus expectations for a 0.8% gain and the December increase was revised down to 0.4% due to a lowered estimate of auto sales. [...]
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 14 2006U.S. Retail Sales Surged As Temperatures Warmed
by:Tom Moeller
|in:Economy in Brief
Global| Feb 13 2006U.S. Budget Surplus Up Due to Strong Receipts
The U.S. federal government posted a wider budget surplus during January as net revenues held on to a strong increase during December. The surplus, common during past Januarys, nearly doubled y/y to $21.0B. The fiscal year to date [...]
by:Tom Moeller
|in:Economy in Brief
Global| Feb 13 2006OECD Leaders Rose Further
During December, the Leading Index of the Major 7 OECD economies capped a year of slower growth for the full year of 2005, but improvement in the second half. In fact, a 0.6% December rise pulled the average monthly gain during 2H '05 [...]
by:Tom Moeller
|in:Economy in Brief
Global| Feb 13 2006U.S. Budget Surplus Up Due to Strong Receipts
The U.S. federal government posted a wider budget surplus during January as net revenues held on to a strong increase during December. The surplus, common during past Januarys, nearly doubled y/y to $21.0B. The fiscal year to date [...]
by:Tom Moeller
|in:Economy in Brief
Global| Feb 10 2006U.S. 2005 Trade Deficit Another Record Paced by Oil & China
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 [...]
by:Tom Moeller
|in:Economy in Brief
Global| Feb 10 2006U.S. 2005 Trade Deficit Another Record Paced by Oil & China
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 [...]
by:Tom Moeller
|in:Economy in Brief
Global| Feb 09 2006Initial 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 2006Initial 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 2006Natural 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 2006Mortgage 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 2006Mortgage 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 2006JOLTS: 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
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