- Current & future readings fall meaningfully.
- Prospective home buyer traffic is depressed.
- Regional declines are broad-based.
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| May 15 2024
U.S. Home Builder Index Declines Sharply in May
by:Tom Moeller
|in:Economy in Brief
- Core goods prices rise moderately.
- Services prices surge after a slight decline.
- Energy prices jump, but food prices decline.
by:Tom Moeller
|in:Economy in Brief
- USA| May 14 2024
U.S. Gasoline & Crude Oil Prices Decline in Latest Week
- Gasoline prices fall for third straight week.
- Crude oil costs decline sharply.
- Natural gas prices strengthen.
by:Tom Moeller
|in:Economy in Brief
- USA| May 13 2024
FIBER: Industrial Commodity Prices Decline in Latest Four Weeks
- Lumber costs continue to weaken.
- Crude oil prices fall and reverse earlier gains.
- Cotton prices exhibit notable decline.
- Most metals prices strengthen.
by:Tom Moeller
|in:Economy in Brief
- USA| May 10 2024
U.S. Government Budget Deficit Shrinks So Far in FY 2024
- Personal income tax receipts surge.
- Corporate tax payments strengthen.
- Outlay growth moderates with fewer income security payments.
by:Tom Moeller
|in:Economy in Brief
- USA| May 10 2024
U.S. Housing Affordability Falls in March
- Principal payments rise with higher home prices.
- Mortgage rates are steady.
- Median family income increases.
by:Tom Moeller
|in:Economy in Brief
- Unexpected rise is to highest level since August of last year.
- Continued claims increase to three-week high.
- Insured unemployment rate remains steady & low.
by:Tom Moeller
|in:Economy in Brief
- USA| May 08 2024
U.S. Wholesale Inventories & Sales Decline in March
- Wholesale inventories reverse February increase.
- Sales decline also follows earlier strength.
- The I/S ratio increases slightly m/m after trending lower.
by:Tom Moeller
|in:Economy in Brief
- Mortgage applications rise after two weeks of decline.
- Purchase applications & refinancing applications both increase.
- The effective interest rate on 30-year fixed-rate loans dips.
by:Tom Moeller
|in:Economy in Brief
- USA| May 07 2024
Consumer Credit Growth Slows Sharply in March
- Revolving credit usage increases minimally.
- Nonrevolving credit growth picks up.
by:Tom Moeller
|in:Economy in Brief
- USA| May 07 2024
U.S. Gasoline & Crude Oil Prices Decline in Latest Week
- Gasoline & diesel fuel prices slip.
- Crude oil prices fall to seven-week low.
- Natural gas prices improve.
by:Tom Moeller
|in:Economy in Brief
- USA| May 06 2024
FIBER: Industrial Commodity Prices Slip in Latest Four Weeks
- Lumber & rubber costs have fallen sharply.
- Cotton prices show protracted decline.
- Crude oil prices weaken for three weeks.
- Metals price increase, paced by zinc and tin.
by:Tom Moeller
|in:Economy in Brief
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