- Current business index is unchanged while future reading improves.
- Production, shipments, new orders growth & hours-worked improve.
- Wages strengthen but employment moves lower.
- Finished goods & raw materials price indexes ease.
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| Apr 29 2024
Texas Manufacturing Activity Holds Steady in April
by:Tom Moeller
|in:Economy in Brief
- Spending growth holds at strongest rate since June.
- Disposable income increase picks up.
- Core PCE price index gain stabilizes at lessened rate.
by:Tom Moeller
|in:Economy in Brief
- USA| Apr 25 2024
U.S. GDP Growth Weakens in Q1’24
- Quarterly growth is slowest since mid-2022.
- Inventories & foreign trade subtract from growth.
- Domestic final demand gain moderates.
- Price index growth accelerates.
by:Tom Moeller
|in:Economy in Brief
- USA| Apr 25 2024
U.S. Pending Home Sales Strengthen in March
- Increase is fourth in five months.
- Sales rise in most regions of the country.
by:Tom Moeller
|in:Economy in Brief
- USA| Apr 24 2024
U.S. Durable Goods Orders Rise Moderately in March as Expected
- Aircraft orders continue to fuel order levels.
- Excluding transportation, orders remain little changed.
- Durable goods shipments & inventories hold steady; backlogs rise.
by:Tom Moeller
|in:Economy in Brief
- USA| Apr 24 2024
U.S. Mortgage Applications Decline as Interest Rates Increase
- Last week’s decline in applications reverses prior week’s gain.
- Purchase applications & refinancing applications both fall.
- Interest rates continue to rise.
by:Tom Moeller
|in:Economy in Brief
- USA| Apr 23 2024
U.S. New Home Sales Rebound in March
- Sales rise to highest level in six months.
- Regional sales gain is broad-based.
- Median sales price increases sharply.
by:Tom Moeller
|in:Economy in Brief
- USA| Apr 23 2024
U.S. Energy Prices Are Mixed in Latest Week
- Gasoline prices continue to rise.
- Crude oil costs drop, reversing earlier increase.
- Natural gas prices fall sharply.
by:Tom Moeller
|in:Economy in Brief
- USA| Apr 22 2024
Chicago Fed National Activity Index Increases in March
- Index is positive for second straight month.
- Three-month average remains negative.
- Improvement led by labor market indicators.
by:Tom Moeller
|in:Economy in Brief
- USA| Apr 19 2024
U.S. Leading Economic Indicators Resume Decline in March
- Drop in leading index follows first rise in two years.
- Coincident Indicators exhibit strength.
- Lagging index holds steady after two monthly increases.
by:Tom Moeller
|in:Economy in Brief
- USA| Apr 18 2024
U.S. Existing Home Sales Decline in March
- Sales retreat from twelve-month high.
- Home prices rebound to seven-month high.
- Sales decline in much of country.
by:Tom Moeller
|in:Economy in Brief
- USA| Apr 18 2024
Philadelphia Fed Manufacturing Index Surges in April
- Composite index moves to highest level in two years as new orders & shipments strengthen.
- Prices paid measure jumps; prices received increases as well.
- Expectations ease slightly but remain positive.
by:Tom Moeller
|in:Economy in Brief
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