- Gasoline prices edge higher.
- Crude oil prices fall sharply to six-week low.
- Natural gas costs rise modestly.
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 30 2024U.S. Energy Prices Are Mixed in Latest Week
by:Tom Moeller
|in:Economy in Brief
USA| Jul 29 2024Texas Manufacturing Activity Eases in July; Expectations Surge
- Production, shipments and new orders growth weaken.
- Employment improves sharply but wages & benefits ease.
- Finished goods price index declines, but raw materials prices increase.
by:Tom Moeller
|in:Economy in Brief
- Price index held down by continuing weakness in goods prices.
- Real spending increases modestly m/m; trend growth is slightly higher.
- Spendable income growth after inflation remains stable & low.
by:Tom Moeller
|in:Economy in Brief
USA| Jul 25 2024U.S. GDP Growth Strengthens in Q2’24; Rise in Price Index Slows
- Growth doubles the Q1 increase.
- Inventories & government spending lead growth.
- Consumer spending & business investment gains improve.
- Price increase moderates.
by:Tom Moeller
|in:Economy in Brief
USA| Jul 24 2024U.S. New Home Sales Ease as Prices Rise in June
- Sales fall to seven-month low.
- Median sales price recovers May decline.
- Changes are mixed throughout the country.
by:Tom Moeller
|in:Economy in Brief
- Mortgage applications fall in three of last four weeks.
- Home purchase applications decline while refinancing edges higher.
- Mortgage interest rates continue to fall.
by:Tom Moeller
|in:Economy in Brief
USA| Jul 23 2024U.S. Existing Home Sales Decline to Six-Month Low in June
- Sales backpedal after Q1 increase.
- Home prices surge to another record high.
- Sales fall throughout the country.
by:Tom Moeller
|in:Economy in Brief
USA| Jul 23 2024U.S. Energy Prices Decline in Latest Week
- Gasoline prices weaken to four-week low.
- Crude oil price decline is to three-week low.
- Natural gas costs fall to two-month low.
by:Tom Moeller
|in:Economy in Brief
USA| Jul 22 2024Chicago Fed National Activity Index Dips in June
- Firming trend remains in place.
- Breadth of component increases improves.
by:Tom Moeller
|in:Economy in Brief
USA| Jul 19 2024FIBER: Industrial Commodity Prices Fall in Latest Four Weeks
- Rubber & textile prices decline.
- Energy price increase paced by crude oil.
- Metals prices mostly improve.
by:Tom Moeller
|in:Economy in Brief
USA| Jul 18 2024U.S. Leading Economic Index Falls Further in June
- Leading index has been declining since January 2022.
- Coincident Indicator Index continues to rise.
- Lagging Economic Index edges higher.
by:Tom Moeller
|in:Economy in Brief
USA| Jul 18 2024U.S. Initial Unemployment Insurance Claims Jump in Latest Week
- Initial claims match highest level since the June 8 week.
- Continuing claims surge to three-year high.
- Insured unemployment rate holds steady.
by:Tom Moeller
|in:Economy in Brief
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