- Gasoline prices move higher.
- Crude oil prices decline.
- Natural gas prices continue to weaken.
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 06 2024U.S. Energy Prices Are Mixed in Latest Week
by:Tom Moeller
|in:Economy in Brief
- Index at lowest level in six months.
- All components remain negative.
- Expectations for six months ahead improve sharply.
by:Tom Moeller
|in:Economy in Brief
USA| Feb 05 2024U.S. ISM Services PMI Rebounds in January
- Overall index increases to four-month high.
- Employment & vendor deliveries lead overall gain.
- Prices Index surges to eleven-month high.
by:Tom Moeller
|in:Economy in Brief
USA| Feb 02 2024U.S. Payroll Employment Strengthens During January; Wages Firm
- Job increase exceeds 300,000 for second straight month.
- Gain in earnings accelerates.
- Jobless rate is unchanged.
by:Tom Moeller
|in:Economy in Brief
USA| Feb 01 2024U.S. Light Vehicle Sales Fall Sharply in January
- Light truck and passenger car sales weaken significantly.
- Imports' market share declines.
by:Tom Moeller
|in:Economy in Brief
USA| Feb 01 2024U.S. ISM Manufacturing PMI Increases in January
- Index is highest since October 2022.
- Most components improve.
- Price index surges.
by:Tom Moeller
|in:Economy in Brief
USA| Feb 01 2024U.S. Productivity & Unit Labor Cost Growth Slow in Q4
- Productivity slowdown is from three-year high.
- Unit labor costs rise minimally.
- Factory productivity gain lessens unit labor cost growth.
by:Tom Moeller
|in:Economy in Brief
USA| Jan 31 2024FOMC Holds Fed Funds Rate Steady
- Federal funds rate target range is unchanged at the highest level since March 2001.
- Committee expresses caution regarding next rate move.
- Two percent inflation continues to be Fed’s primary goal.
by:Tom Moeller
|in:Economy in Brief
USA| Jan 31 2024ADP Employment & Wage Gains Slow in January
- Trend growth in employment continues to weaken.
- Service sector job growth slows. Goods producing steady.
- Pay increases continue to slow.
by:Tom Moeller
|in:Economy in Brief
USA| Jan 31 2024U.S. Mortgage Applications Decline as Interest Rates Steady
- Applications fall after three weeks of increase.
- Purchase applications decline sharply but refinancing gains.
- Long-term interest rates remain at seven-month low.
by:Tom Moeller
|in:Economy in Brief
USA| Jan 30 2024U.S. Consumer Confidence Improves Further in January
- Present situations reading surges again.
- Expected conditions index gains for third straight month.
- Inflation expectations lowest in four years.
by:Tom Moeller
|in:Economy in Brief
USA| Jan 30 2024U.S. Gasoline & Oil Prices Move Higher in Latest Week
- Gasoline rises to five-week high.
- Crude oil prices continue to increase.
- Natural gas prices weaken.
by:Tom Moeller
|in:Economy in Brief
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