- Core goods prices slip and decline y/y.
- Service prices edge higher; y/y rise decelerates.
- Energy prices decline while food prices edge higher.
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
- USA| Jul 11 2024
U.S. CPI Eases in June; Core Prices Rise Minimally
by:Tom Moeller
|in:Economy in Brief
- USA| Jul 11 2024
U.S. Government Budget Deficit Narrows in FY 2024
- Personal income tax receipts surge.
- Corporate tax payments strengthen.
- Outlay growth picks up with higher Social Security spending.
by:Tom Moeller
|in:Economy in Brief
- USA| Jul 10 2024
U.S. Wholesale Inventories & Sales Increase in May
- Wholesale inventories post strong gain after modest rise in April.
- Sales strengthen.
- Inventory/sales ratio holds steady.
by:Tom Moeller
|in:Economy in Brief
- USA| Jul 09 2024
NFIB Small Business Optimism Continues to Rise in June
- Latest reading is highest since December.
- Uncertainty eases while hiring trend remains depressed.
- Price pressures rise slightly m/m, trending sideways.
by:Tom Moeller
|in:Economy in Brief
- USA| Jul 09 2024
U.S. Gasoline & Crude Oil Prices Move Higher While Natural Gas Prices Decline in Latest Week
- Gasoline prices rise to highest level in five weeks.
- Crude oil costs strengthen to late-April high.
- Natural gas costs decline.
by:Tom Moeller
|in:Economy in Brief
- USA| Jul 08 2024
U.S. Consumer Credit Increases Sharply in May
- Revolving credit outstanding surges after edging lower in April.
- Nonrevolving credit gain moderates.
by:Tom Moeller
|in:Economy in Brief
- USA| Jul 05 2024
U.S. Employment Gain Slows in June; Downward Revisions & Rise in Jobless Rate Compromise Picture of Labor Market Strength
- Three-month payroll growth is weakest since 2021.
- Earnings match expectations m/m, but trend continues to decelerate.
- Unexpected jobless rate increase continues upward trend of last year.
by:Tom Moeller
|in:Economy in Brief
- Gain in jobs is weakest in five months; factory jobs decline.
- Service-sector & construction job growth slows; leisure hiring picks up.
- Wage growth for “job stayers” eases y/y.
by:Tom Moeller
|in:Economy in Brief
- USA| Jul 03 2024
U.S. Factory Orders Decline in May After Three Consecutive Gains; Shipments Fall, but Backlogs & Inventories Rise
- Durable goods orders edge higher, but nondurable goods orders decline.
- Total unfilled orders rise but excluding transportation fall.
- Inventories rise slightly.
by:Tom Moeller
|in:Economy in Brief
- USA| Jul 02 2024
U.S. JOLTS: Job Openings Rebound in May
- Openings fail to recover April loss and remain well below 2022 high.
- Hiring remains sharply lower y/y.
- Job separations hold steady but quits rise
by:Tom Moeller
|in:Economy in Brief
- USA| Jul 02 2024
U.S. Light Vehicle Sales Fall Sharply in June
- Both light truck and passenger car sales decline.
- Imports' market share improves.
by:Tom Moeller
|in:Economy in Brief
- Gasoline prices rise to highest level in four weeks.
- Crude oil prices steady.
- Natural gas costs rebound.
by:Tom Moeller
|in:Economy in Brief
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