- Multi-family starts surge while single-family declines.
- Starts are mixed m/m throughout the country.
- Building permits recover after falling to four-year low.
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 17 2024
U.S. Housing Starts & Building Permits Rise Moderately in June
by:Tom Moeller
|in:Economy in Brief
- USA| Jul 17 2024
U.S. Mortgage Applications Rebounded Last Week
- Mortgage applications rise to highest level since January.
- Home purchase applications decline while refinancing surges.
- Mortgage rates decline.
by:Tom Moeller
|in:Economy in Brief
- USA| Jul 16 2024
U.S. Retail Sales Hold Steady in June; Nonauto Sales Strengthen
- Core spending continues to improve.
- Nonstore sales surge for a second straight month.
- Overall sales improvement held back by lower vehicle and gasoline station sales.
by:Tom Moeller
|in:Economy in Brief
- USA| Jul 16 2024
U.S. Home Builders Sentiment Declines Further in July
- Overall index stands at lowest level this year.
- Each component remains weak.
- Regional indexes diverge.
by:Tom Moeller
|in:Economy in Brief
- USA| Jul 15 2024
U.S. Empire State Manufacturing Index Slips During July
- Negative reading indicates slightly greater rate of contraction.
- Inventories & order backlogs decline while new orders, shipments & employment edge higher.
- Prices paid rise slightly but prices received ease.
- Expectations decline but upward trend remains in place.
by:Tom Moeller
|in:Economy in Brief
- Services prices surge.
- Goods prices less food & energy are unchanged.
- Energy prices fall again; food prices weaken.
by:Tom Moeller
|in:Economy in Brief
- USA| Jul 11 2024
U.S. CPI Eases in June; Core Prices Rise Minimally
- Core goods prices slip and decline y/y.
- Service prices edge higher; y/y rise decelerates.
- Energy prices decline while food prices edge higher.
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
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