- Increase is strongest in five months.
- Core goods price gain accelerates.
- Services prices surge.
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| Feb 16 2024U.S. Producer Prices Unexpectedly Strengthen in January
by:Tom Moeller
|in:Economy in Brief
USA| Feb 16 2024U.S. Housing Starts Fall Sharply in January
- Single-family starts decline and multi-family collapses.
- Starts weaken throughout country.
- Building permits fall moderately.
by:Tom Moeller
|in:Economy in Brief
- Spending retreat spreads across most categories.
- Online buying & building material sales fall sharply.
- Gasoline sales drop significantly with lower prices.
by:Tom Moeller
|in:Economy in Brief
- Composite index turns positive following five straight negative readings.
- Prices paid measure improves modestly; prices received rise steadily.
- Expectations improve, notably for new orders.
by:Tom Moeller
|in:Economy in Brief
USA| Feb 14 2024U.S. Mortgage Applications Fall as Interest Rates Rise
- Purchase loan applications decline for third straight week.
- Applications for loan refinancing weaken moderately.
- 30-year fixed-rate on mortgage loans increases to nine-week high.
by:Tom Moeller
|in:Economy in Brief
- Services prices are strong.
- Goods prices are mixed.
- Food costs pick up; energy price decline continues.
by:Tom Moeller
|in:Economy in Brief
USA| Feb 13 2024U.S. Energy Prices Remain Mixed in Latest Week
- Gasoline prices strengthen to December high.
- Crude oil prices edge lower.
- Natural gas prices fall to June low.
by:Tom Moeller
|in:Economy in Brief
USA| Feb 12 2024U.S. Government Budget Deficit Shrinks in January
- Deficit is smallest since in five months.
- Revenues rise y/y as individual tax receipts improve.
- Most Federal programs report strong outlay growth.
by:Tom Moeller
|in:Economy in Brief
- Crude oil prices improve.
- Textile costs strengthen.
- Rubber prices jump.
by:Tom Moeller
|in:Economy in Brief
USA| Feb 08 2024U.S. Housing Affordability Increases in December
- Principal & interest payments decline.
- Mortgage rates weaken.
- Median sales price of single-family home slips.
by:Tom Moeller
|in:Economy in Brief
USA| Feb 08 2024U.S. Unemployment Insurance Claims Drift Lower
- Decline reverses most of earlier week’s rise.
- Continuing claims also fall.
- Insured unemployment rate returns to late-September low.
by:Tom Moeller
|in:Economy in Brief
USA| Feb 07 2024Consumer Credit Growth Is Modest in December
- Nonrevolving credit usage increases slightly.
- Revolving credit loans edge higher after November strength.
by:Tom Moeller
|in:Economy in Brief
- of1052Go to 25 page