Chain store sales last week added 0.2% to the prior week's 0.6% advance according to the International Council of Shopping Centers (ICSC)-UBS survey. Sales so far in March are 1.2% ahead of the February average which rose 1.0% from [...]
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| Mar 22 2005Chain Store Sales Higher
by:Tom Moeller
|in:Economy in Brief
- Global| Mar 22 2005
PPI Rose A Moderate 0.4%, Core Pricing Calmer
The Producer Price Index for finished goods rose 0.4% last month versus Consensus expectations for a 0.3% rise. The gain equaled the average of the prior twelve months. Excluding food & energy prices rose 0.1%, calmer than the 0.8% [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Mar 22 2005
Federal Funds Rate Raised to 2.75%
The Federal Open Market Committee raised the target rate for federal funds an expected 25 basis points to 2.75%. The discount rate also was raised 25 basis points to 3.75%. The decision to raise rates the seventh time since last June [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Mar 21 2005
ECRI Leading Index of U.S. Economy Up
The Weekly Leading Index of the US economy from the Economic Cycle Research Institute (ECRI) rose 0.5% in the latest week, continuing the moderate growth of the prior two weeks. The six month growth rate of 3.5% was the strongest in [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Mar 21 2005
ECRI Leading Index of U.S. Economy Up
The Weekly Leading Index of the US economy from the Economic Cycle Research Institute (ECRI) rose 0.5% in the latest week, continuing the moderate growth of the prior two weeks. The six month growth rate of 3.5% was the strongest in [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Mar 18 2005
U.S. Consumer Sentiment Faded Further
The preliminary March reading of consumer sentiment from the University of Michigan fell to 92.9. The 1.3% m/m fall was similar to the declines logged during the prior two months. Consensus expectations had been for a slight rise to [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Mar 18 2005
Imported Price Inflation Up
Import prices rose 0.8% last month and about matched Consensus expectations for a 0.7% rise. The prior month's increase was revised down slightly due to a lessened gain in petroleum prices but the estimated rise in nonpetroleum prices [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Mar 18 2005
Imported Price Inflation Up
Import prices rose 0.8% last month and about matched Consensus expectations for a 0.7% rise. The prior month's increase was revised down slightly due to a lessened gain in petroleum prices but the estimated rise in nonpetroleum prices [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Mar 17 2005
Philadelphia Fed Activity Index Fell
The Philadelphia Fed's Index of General Business Conditions in the manufacturing sector fell in March to 11.4 from an unrevised 23.9 in February. Consensus expectations had been for a reading of 20.0. The latest was the lowest reading [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Mar 17 2005
Leading Indicators Tick Higher
The Conference Board reported that the Composite Index of Leading Economic Indicators ticked 0.1% higher in February following an unrevised 0.3% decline the prior month. Six-month growth in the leaders remained negative at -0.2%. [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Mar 17 2005
Initial Claims for Unemployment Insurance Lower
Initial claims for unemployment insurance fell 10,000 to 318,000 last week after a revised 18,000 increase the prior week. Consensus expectations had been for 317,000 claims. The latest figure covers the survey period for March [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Mar 17 2005
Philadelphia Fed Activity Index Fell
The Philadelphia Fed's Index of General Business Conditions in the manufacturing sector fell in March to 11.4 from an unrevised 23.9 in February. Consensus expectations had been for a reading of 20.0. The latest was the lowest reading [...]
by:Tom Moeller
|in:Economy in Brief
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