The U.S. foreign trade deficit improved in December to $56.4B versus a lessened deficit of $59.3B in November. The record deficit of $617.7B in 2004 was nearly one quarter larger than in 2003. Consensus expectations had been for a [...]
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 2005U.S. Trade Deficit Improved in December, 2004 A Record
by:Tom Moeller
|in:Economy in Brief
Global| Feb 09 2005JOLTS: Job Openings Up But Hires Down in the US
The tone of the Job Openings & Labor Turnover Survey (JOLTS) from the Bureau of Labor Statistics reversed in December versus the prior month. The job openings rate gained what was lost in November, rising to 2.5%. The job openings [...]
by:Tom Moeller
|in:Economy in Brief
Global| Feb 09 2005Mortgage Applications Spurred By Lower Rates
Mortgage applications rose last week for the third week in the last four according to the Mortgage Bankers Association (MBA) Survey. The 4.2% w/w rise pulled applications up 25.5% from the low in early January. Applications to [...]
by:Tom Moeller
|in:Economy in Brief
Global| Feb 09 2005Mortgage Applications Spurred By Lower Rates
Mortgage applications rose last week for the third week in the last four according to the Mortgage Bankers Association (MBA) Survey. The 4.2% w/w rise pulled applications up 25.5% from the low in early January. Applications to [...]
by:Tom Moeller
|in:Economy in Brief
Global| Feb 09 2005Mortgage Applications Spurred By Lower Rates
Mortgage applications rose last week for the third week in the last four according to the Mortgage Bankers Association (MBA) Survey. The 4.2% w/w rise pulled applications up 25.5% from the low in early January. Applications to [...]
by:Tom Moeller
|in:Economy in Brief
Global| Feb 08 2005Banks' Lending Standards Eased
The net percentage of banks reporting tighter lending standards to large & medium sized firms dropped to -23.6% versus -20.6% for all of last year and +8.6% during 2003. Stronger demand for C&I loans by large firms was reported by [...]
by:Tom Moeller
|in:Economy in Brief
Global| Feb 08 2005Consumer Credit Usage Moderate, Total Liabilities Strong
Consumer credit outstanding rose $3.1B in December to finish out a year of 4.6% growth, about the same as during the prior two years. Growth in consumer credit has remained well below the double digit peaks of several years ago as [...]
by:Tom Moeller
|in:Economy in Brief
Global| Feb 08 2005Chain Store Sales Recovered
Chain store sales recovered all of the prior week's sharp decline with a 2.2% jump according to the International Council of Shopping Centers (ICSC)-UBS survey. The rise placed sales in early February 0.6% ahead of the January average [...]
by:Tom Moeller
|in:Economy in Brief
Global| Feb 08 2005Small Business Optimism Fell Again
The January Small Business Optimism Index reported by the National Federation of Independent Business (NFIB) fell another 2.4% on top of the 1.5% decline in December. The percentage of firms expecting the economy to improve fell [...]
by:Tom Moeller
|in:Economy in Brief
Global| Feb 07 2005Commodity Price Trends Mixed
Commodity prices as measured by the JoC-ECRI (Journal of Commerce-Economic Cycle Research Institute) index have fallen in recent weeks despite the back up in petroleum prices. Recent trends amongst the components turned mixed versus [...]
by:Tom Moeller
|in:Economy in Brief
Global| Feb 07 2005Commodity Price Trends Mixed
Commodity prices as measured by the JoC-ECRI (Journal of Commerce-Economic Cycle Research Institute) index have fallen in recent weeks despite the back up in petroleum prices. Recent trends amongst the components turned mixed versus [...]
by:Tom Moeller
|in:Economy in Brief
Global| Feb 04 2005U.S. Consumer Sentiment Down in January
The University of Michigan's January index of consumer sentiment fell to 95.5 versus Consensus expectations for little change from the preliminary reading of 95.8. During the last ten years there has been a 74% correlation between the [...]
by:Tom Moeller
|in:Economy in Brief
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