- Overall index rise driven by food prices.
- Advance in core goods prices is steady.
- Services price increases moderate.
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| Dec 12 2024U.S. PPI Strengthens in November; Core Price Gain Eases
by:Tom Moeller
|in:Economy in Brief
- Food prices pick up.
- Services price gains remain steady.
- Core goods prices pick up.
by:Tom Moeller
|in:Economy in Brief
USA| Dec 11 2024U.S. Government Budget Deficit Deepens So Far in FY 2025
- Personal income tax receipts weaken.
- Corporate tax payments roughly halve y/y.
- Social Security spending fuels outlay growth.
by:Tom Moeller
|in:Economy in Brief
USA| Dec 10 2024U.S. Productivity Growth Is Steady & Unrevised in Q3’24
- Annual increase remains below last year’s gain.
- Compensation growth dips.
- Increase in unit labor costs slows.
by:Tom Moeller
|in:Economy in Brief
USA| Dec 10 2024U.S. Energy Prices Decline in Latest Week
- Gasoline prices weaken; crude oil prices decline and natural gas prices fall sharply.
- Demand for gasoline increases moderately.
- Inventories of gasoline fall, but crude oil inventories rise.
by:Tom Moeller
|in:Economy in Brief
- Inventories trend higher y/y.
- Sales edge lower m/m, but trend is up.
- Inventory-to-sales ratio moves lower.
by:Tom Moeller
|in:Economy in Brief
USA| Dec 09 2024U.S. Consumer Credit Usage Picks Up in October
- Revolving credit strength leads upturn.
- Nonrevolving credit usage improves.
by:Tom Moeller
|in:Economy in Brief
USA| Dec 06 2024U.S. Payroll Employment Bounces Back in November After Storms & Strike; Earnings Growth Steadies & Jobless Rate Edges Up
- Job gains are broad-based.
- Earnings extend pattern of improved growth.
- Overall trend in jobless rate since early-2024 is up.
by:Tom Moeller
|in:Economy in Brief
USA| Dec 05 2024U.S. Trade Deficit Narrows Sharply in October
- Both exports and imports post declines.
- Lower oil prices help push imports sharply lower.
- Goods trade deficit with China narrows but with Japan it deepens.
by:Tom Moeller
|in:Economy in Brief
- Employment increase led by hiring in services.
- Construction employment improves, while factory jobs decline.
- Wage gain for “job changers” strengthens.
by:Tom Moeller
|in:Economy in Brief
USA| Dec 04 2024U.S. Factory Orders Edge Higher in October
- Total manufacturing orders show tepid gains amongst most industries.
- Shipments remain under pressure.
- Order backlogs rise, but inventories ease.
by:Tom Moeller
|in:Economy in Brief
- Openings reverse most of September’s falloff, but downward trend remains in place.
- Hiring decline reverses most of increase over previous three months.
- Job separations rate levels off near four-year low, but private sector layoffs drop.
by:Tom Moeller
|in:Economy in Brief
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