- Both light truck and passenger car sales rebound.
- Domestic vehicle sales improve along with imports.
- Imports' market share edges sideways.
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| Oct 01 2024U.S. Light Vehicle Sales Increase in September
by:Tom Moeller
|in:Economy in Brief
USA| Oct 01 2024U.S. JOLTS: Job Openings Increase in August but Hiring Declines
- Openings recover modestly after two months of decline, remaining well below 2022 high.
- Hiring reverses most of earlier increase as two years of downward momentum continues.
- Job separations approach four-year low.
by:Tom Moeller
|in:Economy in Brief
- Gasoline prices remain at seven-month low.
- Crude oil costs reverse most of earlier gain.
- Natural gas prices rise further.
by:Tom Moeller
|in:Economy in Brief
- Consumer & government spending growth should moderate next year.
- Housing activity & vehicle sales are projected to improve.
- Price inflation is forecast to cool further in 2025, after slowing this year.
by:Tom Moeller
|in:Economy in Brief
USA| Sep 30 2024U.S. Chicago Business Barometer Edges Higher in September
- Quarterly level is highest this year.
- Employment & order backlog indexes rise; new orders & production ease.
- Prices paid index surges to over one-year high.
by:Tom Moeller
|in:Economy in Brief
USA| Sep 27 2024U.S. PCE Prices & Spending Gains Slow in August
- Price index edges higher even as goods prices decline.
- Trend growth in real spending remains moderate.
- Disposable income gain after inflation is minimal.
by:Tom Moeller
|in:Economy in Brief
USA| Sep 26 2024U.S. Durable Goods Orders Hold Steady in August
- Aircraft orders decline after July strengthening. Orders less transportation rise modestly.
- Shipments ease following two months of strength.
- Unfilled orders fall moderately but inventories are little changed.
by:Tom Moeller
|in:Economy in Brief
USA| Sep 26 2024U.S. Pending Home Sales Rise Modestly in August
- Sales remain near cycle low.
- Home sales are mixed across four regions of the country.
by:Tom Moeller
|in:Economy in Brief
USA| Sep 25 2024U.S. New Home Sales Ease in August
- Sales remain up sharply from 2022 low.
- Median sales price slips.
- Sales decline in most of country.
by:Tom Moeller
|in:Economy in Brief
USA| Sep 25 2024U.S. Mortgage Applications Strengthen Last Week
- Surge in refinancing continues to overshadow rise in purchase loans.
- Interest rates fall further.
- Average loan size jumps again for both purchase and refinanced loans.
by:Tom Moeller
|in:Economy in Brief
USA| Sep 24 2024Consumer Confidence Declines Sharply in September
- Falloff reverses two months of increase.
- Both present situation and expectations measures decline.
- Inflation expectations increase.
by:Tom Moeller
|in:Economy in Brief
- Gasoline prices remain at seven-month low.
- Crude oil costs rise.
- Natural gas prices improve.
by:Tom Moeller
|in:Economy in Brief
- of1062Go to 16 page