- Crude oil prices rise.
- Rubber & lumber prices continue to strengthen.
- Steel, aluminum and lead prices decline.
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| Mar 11 2024FIBER: Industrial Commodity Price Index Increases
by:Tom Moeller
|in:Economy in Brief
USA| Mar 08 2024U.S. Payroll Employment Remains Respectable During February; Jobless Rate Moves Higher
- Latest job increase follows significant downward revisions to previous two months.
- Gain in earnings eases.
- Jobless rate rises to highest level since January 2022.
by:Tom Moeller
|in:Economy in Brief
- Initial claims stay on sideways path.
- Continuing claims are little changed; four-week average remains elevated.
- Insured unemployment rate is unchanged.
by:Tom Moeller
|in:Economy in Brief
- Job growth continues to moderate y/y.
- Service-sector job gain picks up. Goods-producing growth slips.
- Pay increases continue to moderate.
by:Tom Moeller
|in:Economy in Brief
USA| Mar 05 2024U.S. ISM Services PMI Declines in February
- Employment & supplier deliveries indexes weaken.
- Business activity & new orders improve.
- Prices Index falls sharply.
by:Tom Moeller
|in:Economy in Brief
USA| Mar 05 2024U.S. Energy Prices Rise in Latest Week
- Gasoline prices strengthen.
- Crude oil prices improve.
- Natural gas prices rise slightly.
by:Tom Moeller
|in:Economy in Brief
USA| Mar 01 2024U.S. Light Vehicle Sales Rebound in February
- Light truck & passenger car sales both increase after January declines.
- Imports' market share falls.
by:Tom Moeller
|in:Economy in Brief
USA| Mar 01 2024U.S. ISM Manufacturing PMI Unexpectedly Declines in February
- Index reverses most of January rise.
- Four of five components decline.
- Price index slips.
by:Tom Moeller
|in:Economy in Brief
- Nominal spending improves but eases in real terms.
- Disposable income moves up steadily.
- PCE price index strengthens.
by:Tom Moeller
|in:Economy in Brief
USA| Feb 29 2024U.S. Pending Home Sales Fall Sharply in January
- Decline reverses December increase.
- Falloff is centered in Midwest & South.
by:Tom Moeller
|in:Economy in Brief
- Growth accelerates y/y as domestic final demand growth remains strong.
- Foreign trade & inventory contributions offset one another.
- Halving of Q3 price gain remains in place.
by:Tom Moeller
|in:Economy in Brief
USA| Feb 27 2024U.S. Consumer Confidence Disappoints in February
- Present situations reading reverses January rise.
- Expected conditions fall modestly.
- Inflation expectations remain lowest in four years.
by:Tom Moeller
|in:Economy in Brief
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