- Deficit decline is slight following October widening.
- Exports fall for second straight month.
- Imports also decline sharply.
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| Jan 09 2024U.S. Trade Deficit Narrows in November; Exports & Imports Decline
by:Tom Moeller
|in:Economy in Brief
USA| Jan 09 2024U.S. Energy Prices Remain Mixed in Latest Week
- Gasoline prices ease.
- Crude oil costs decline.
- Natural gas prices move up.
by:Tom Moeller
|in:Economy in Brief
USA| Jan 08 2024Consumer Credit Growth Strengthens in November
- Nonrevolving credit usage increases.
- Revolving loans jump.
by:Tom Moeller
|in:Economy in Brief
USA| Jan 08 2024FIBER: Industrial Commodity Prices Rise in Latest Four Weeks
- Metals & lumber prices strengthen.
- Textile costs increase.
- Crude oil prices are little changed.
by:Tom Moeller
|in:Economy in Brief
- Pickup in jobs growth follows downward revisions to prior two months.
- Earnings growth unexpectedly remains firm.
- Jobless rate steadies but household employment falls sharply.
by:Tom Moeller
|in:Economy in Brief
USA| Jan 04 2024ADP Employment Measure Improves in December
- Job gain is strongest since August but trend slows.
- Service & construction gains pick up; factory jobs fall.
- Pay increases continue to slow.
by:Tom Moeller
|in:Economy in Brief
USA| Jan 03 2024U.S. Light Vehicle Sales Improve in December
- Both light truck & passenger car sales rise.
- Imports' market share falls sharply.
by:Tom Moeller
|in:Economy in Brief
USA| Jan 03 2024U.S. ISM Manufacturing PMI Edges Higher in December
- Index is highest since September, but indicates reduced activity for last 14 months.
- Jobs reading improves but other component changes are mixed.
- Prices index declines m/m but stays on sideways trend.
by:Tom Moeller
|in:Economy in Brief
USA| Jan 03 2024U.S. Energy Prices Are Mixed in Latest Week
- Gasoline prices decline.
- Crude oil costs hold steady.
- Natural gas prices move up.
by:Tom Moeller
|in:Economy in Brief
USA| Jan 02 2024U.S. Construction Spending Gain Moderates in November
- Monthly increase slows but annual rise is strong.
- Residential surges with jump in single-family construction; nonresidential building growth eases.
- Public sector construction declines.
by:Tom Moeller
|in:Economy in Brief
- Growth in personal spending & inventories is reduced.
- Solid profit gain remains in place.
- Increase in price index is still double Q2’s gain.
by:Tom Moeller
|in:Economy in Brief
USA| Dec 21 2023U.S. Index of Leading Indicators Falls in November
- Leading index declines for 20th consecutive month.
- Coincident Indicator Index edges higher.
- Lagging Economic Index strengthens.
by:Tom Moeller
|in:Economy in Brief
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