- Core services prices increase broadly.
- Goods price changes are mixed.
- Energy prices decline, but food costs increase.
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 12 2023U.S. CPI Edges Higher in November; Core Prices Strengthen
by:Tom Moeller
|in:Economy in Brief
USA| Dec 12 2023U.S. Energy Prices Decline Broadly
- Gasoline prices & diesel fuel prices decline.
- Crude oil prices continue to weaken.
- Natural gas prices resume decline.
by:Tom Moeller
|in:Economy in Brief
USA| Dec 11 2023U.S. Housing Affordability Resumes Decline in October
- Principal & interest payments increase.
- Mortgage rates continue to rise.
- Median sales price of single-family home slips.
by:Tom Moeller
|in:Economy in Brief
- Crude oil & benzene prices continue to fall.
- Metals prices are mixed.
- Lumber & rubber prices rise.
by:Tom Moeller
|in:Economy in Brief
- Moderate October jobs gain is unrevised; September strength lessened.
- Earnings growth edges up, exceeding expectations.
- Lower jobless rate accompanies strong employment & labor force gains.
by:Tom Moeller
|in:Economy in Brief
USA| Dec 07 2023Consumer Credit Growth Ebbs in October
- Nonrevolving & revolving credit usage both slow.
- Nonrevolving bank borrowing & revolving finance company loans decline y/y.
by:Tom Moeller
|in:Economy in Brief
USA| Dec 07 2023U.S. Wholesale Inventories & Sales Decline in October
- Inventories fall with lower oil prices.
- Sales weaken sharply.
- Inventory-to-sales ratio edges higher.
by:Tom Moeller
|in:Economy in Brief
USA| Dec 06 2023ADP Employment Increase Is Modest in November
- Job growth is sharply below Q3.
- Factory & construction jobs decline; service gain is modest.
- Pay gains slow.
by:Tom Moeller
|in:Economy in Brief
USA| Dec 06 2023U.S. Productivity Strength Revised Up in Q3
- Increase in productivity is largest in three years; compensation growth slows.
- Unit labor costs decline following two quarters of increase.
- Decline in factory sector productivity bolsters unit labor costs.
by:Tom Moeller
|in:Economy in Brief
USA| Dec 05 2023U.S. JOLTS: Job Openings Decline Sharply in October
- Job openings post largest decline in five months; revisions indicate weakness.
- Hiring declines after two months of increase.
- Total separations rise as layoffs increase.
by:Tom Moeller
|in:Economy in Brief
USA| Dec 05 2023U.S. Energy Prices Are Mixed
- Gasoline prices held steady but diesel fuel prices continued to fall.
- Crude oil prices resumed their decline.
- Natural gas prices rose.
by:Tom Moeller
|in:Economy in Brief
USA| Dec 04 2023U.S. Factory Orders Decline Sharply Led by Aircraft in October
- Total factory orders slide as aircraft bookings halve.
- Durable & nondurable goods shipments weaken.
- Unfilled orders & inventories rise.
by:Tom Moeller
|in:Economy in Brief
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