- Index down sharply from March high.
- Production & inventories indexes lead decline, orders & employment rise.
- Prices reading improves.
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| Nov 01 2024
U.S. ISM Manufacturing Index Eases in October
by:Tom Moeller
|in:Economy in Brief
- USA| Oct 31 2024
U.S. Core PCE Price Gain Picks Up, but Real Spending Posts Solid Increase in September
- Monthly gain in core prices is highest in six months.
- Improvement in real spending is concentrated in goods.
- Disposable income firms as wages maintain strength.
by:Tom Moeller
|in:Economy in Brief
- USA| Oct 30 2024
U.S. GDP Growth & Pricing Pressures Ease in Q3
- GDP grew 2.8% (SAAR) after 3.0% Q2 gain, while final demand components are firm.
- Inventory & foreign trade effects are negative.
- Price index growth moderates to slowest this year; consumer price gain weak.
by:Tom Moeller
|in:Economy in Brief
- USA| Oct 30 2024
U.S. Pending Home Sales Surge in September
- Sales are highest in six months.
- Home sales strengthen across country.
by:Tom Moeller
|in:Economy in Brief
- USA| Oct 29 2024
Consumer Confidence Strengthens in October
- Improves to highest level since January.
- Both present situation & expectations measures increase.
- Inflation expectations rise further.
by:Tom Moeller
|in:Economy in Brief
- USA| Oct 29 2024
U.S. Goods Trade Deficit Deepens Sharply in September
- Deficit deepening reverses most of earlier shrinkage.
- Sharp export decline reflects weakness in consumer & capital goods.
- Import increase powered by consumer & foods.
by:Tom Moeller
|in:Economy in Brief
- General business activity index has been rising since 2023 low.
- Production surges, shipments improve, but employment declines.
- Price reading eases, but wages & benefits improve.
- Future business index stands at highest point in three years.
by:Tom Moeller
|in:Economy in Brief
- USA| Oct 25 2024
U.S. Durable Goods Orders Fall in September
- Transportation orders decline with falloff in aircraft orders; excluding transportation, orders rise modestly.
- Shipments ease for second month. Outside of transportation, shipments rise slightly.
- Unfilled orders rise negligibly for third straight month while inventories slip.
by:Tom Moeller
|in:Economy in Brief
- USA| Oct 25 2024
U.S. Government Budget Deficit Deepens in FY 2024
- Personal income tax receipts remain strong.
- Corporate tax payments surge.
- Social Security spending fuels outlay growth.
by:Tom Moeller
|in:Economy in Brief
- USA| Oct 24 2024
U.S. New Home Sales & Prices Post Firm Gains in September
- Sales rise to highest level since May 2023.
- Median sales price increase reverses earlier decline.
- Sales performance is mixed regionally.
by:Tom Moeller
|in:Economy in Brief
- USA| Oct 24 2024
Chicago Fed National Activity Index Weakens in September
- Production & income lead softening.
- Other series are negative as well.
- Trend weakens.
by:Tom Moeller
|in:Economy in Brief
- USA| Oct 23 2024
U.S. Existing Home Sales Ease During September
- Sales weaken for sixth month in last seven.
- Declines posted in all regions except the West.
- Median price falls for third straight month.
by:Tom Moeller
|in:Economy in Brief
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