- Sales move up from 13-year low.
- Home prices continue to weaken.
- Purchases are mixed throughout the country.
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| Dec 20 2023
U.S. Existing Home Sales Improve Modestly in November
by:Tom Moeller
|in:Economy in Brief
- USA| Dec 20 2023
U.S. Consumer Confidence Strengthens in December
- Business, employment & income expectations improve.
- Current conditions index increases.
- Inflation expectations continue to decline.
by:Tom Moeller
|in:Economy in Brief
- USA| Dec 19 2023
U.S. Energy Prices Continue to Decline
- Gasoline prices have fallen for three months.
- Crude oil costs ease.
- Natural gas prices decline sharply.
by:Tom Moeller
|in:Economy in Brief
- USA| Dec 19 2023
U.S. Housing Starts Strengthen in November
- Rise in starts is led by surge in single-family.
- Activity improves across the country.
- Building permits decline, led by multi-family.
by:Tom Moeller
|in:Economy in Brief
- Modest rebound recoups some of prior month’s decline.
- Prospective buyer traffic increases moderately.
- Improvement stretches across most regions of country.
by:Tom Moeller
|in:Economy in Brief
- USA| Dec 15 2023
U.S. Industrial Production Improves in November
- Factory output increase is led by strong gain in autos.
- Other industry performance is mixed.
- Capacity utilization edges higher.
by:Tom Moeller
|in:Economy in Brief
- USA| Dec 15 2023
U.S. Empire State Manufacturing Index Turns Negative in December
- Weakness is broad-basted amongst categories.
- Inflation pressures ease.
- Six-month outlook improves.
by:Tom Moeller
|in:Economy in Brief
- USA| Dec 14 2023
U.S. Retail Sales Unexpectedly Improve During November
- Online buying strengthens.
- General merchandise sales ease.
- Gasoline sales continue to decline with lower prices.
by:Tom Moeller
|in:Economy in Brief
- USA| Dec 14 2023
U.S. Business Inventories Ease While Sales Decline in October
- Wholesale inventories lead total downward.
- Sales fall across industry groupings.
- Business sector inventory-to-sales ratio edges higher.
by:Tom Moeller
|in:Economy in Brief
- USA| Dec 13 2023
FOMC Holds Funds Rate Steady as Expected
- Federal funds rate range remains at 5.25% - 5.50%, where it’s been since early August.
- Rate stays at highest level since March 2001.
- Fed maintains focus on inflation reduction.
by:Tom Moeller
|in:Economy in Brief
- USA| Dec 13 2023
U.S. Producer Prices Hold Steady in November
- Unchanged reading reflects lower energy prices.
- Core consumer goods prices rise.
- Services prices are unchanged for a second straight month.
by:Tom Moeller
|in:Economy in Brief
- USA| Dec 12 2023
U.S. Gov’t Budget Deficit Deepens in November
- Deficit is largest since March & expands y/y.
- Revenues rise y/y as individual tax receipts surge.
- Outlays strengthen with Medicare & Social Security.
by:Tom Moeller
|in:Economy in Brief
- of1052Go to 29 page