- Minimal increase follows declines in three of prior four months.
- Factory output recovers; utilities production falls sharply.
- Capacity utilization stays close to its three-year low.
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| Mar 15 2024U.S. Industrial Production Edges Higher in February
by:Tom Moeller
|in:Economy in Brief
USA| Mar 14 2024U.S. Retail Sales Increase Disappoints in February
- Core sales hold steady.
- Vehicle sales increase.
- Gasoline sales rise with higher prices.
by:Tom Moeller
|in:Economy in Brief
- Increase adds to earlier week’s gain.
- Purchase loan applications rise while refinancing surges.
- 30-year fixed-rate mortgage declines sharply.
by:Tom Moeller
|in:Economy in Brief
USA| Mar 12 2024U.S. CPI Picks Up in February; Core Prices Remain Elevated Y/Y
- Services prices remain strong.
- Goods prices are mixed.
- Energy prices pick up; food prices stabilize.
by:Tom Moeller
|in:Economy in Brief
USA| Mar 11 2024FIBER: Industrial Commodity Price Index Increases
- Crude oil prices rise.
- Rubber & lumber prices continue to strengthen.
- Steel, aluminum and lead prices decline.
by:Tom Moeller
|in:Economy in Brief
USA| Mar 08 2024U.S. Payroll Employment Remains Respectable During February; Jobless Rate Moves Higher
- Latest job increase follows significant downward revisions to previous two months.
- Gain in earnings eases.
- Jobless rate rises to highest level since January 2022.
by:Tom Moeller
|in:Economy in Brief
- Initial claims stay on sideways path.
- Continuing claims are little changed; four-week average remains elevated.
- Insured unemployment rate is unchanged.
by:Tom Moeller
|in:Economy in Brief
- Job growth continues to moderate y/y.
- Service-sector job gain picks up. Goods-producing growth slips.
- Pay increases continue to moderate.
by:Tom Moeller
|in:Economy in Brief
USA| Mar 05 2024U.S. ISM Services PMI Declines in February
- Employment & supplier deliveries indexes weaken.
- Business activity & new orders improve.
- Prices Index falls sharply.
by:Tom Moeller
|in:Economy in Brief
USA| Mar 05 2024U.S. Energy Prices Rise in Latest Week
- Gasoline prices strengthen.
- Crude oil prices improve.
- Natural gas prices rise slightly.
by:Tom Moeller
|in:Economy in Brief
USA| Mar 01 2024U.S. Light Vehicle Sales Rebound in February
- Light truck & passenger car sales both increase after January declines.
- Imports' market share falls.
by:Tom Moeller
|in:Economy in Brief
USA| Mar 01 2024U.S. ISM Manufacturing PMI Unexpectedly Declines in February
- Index reverses most of January rise.
- Four of five components decline.
- Price index slips.
by:Tom Moeller
|in:Economy in Brief
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