- Personal spending remains firm y/y.
- Increase in wages & salaries moderates.
- Prices of consumer durables fall as services gain slows.
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
by:Tom Moeller
|in:Economy in Brief
- USA| Nov 30 2023
U.S. Pending Home Sales Fall in October
- Decline is second in last three months.
- Most regions record weakening.
by:Tom Moeller
|in:Economy in Brief
- Growth is broadened, notably in capital spending, housing & government.
- Profit gain accompanies dividend decline.
- Strength in consumer spending is reduced.
- Increase in price index remains double Q2’s gain.
by:Tom Moeller
|in:Economy in Brief
- USA| Nov 28 2023
U.S. Consumer Confidence Improves in November Following Three Straight Months of Decline
- Business, employment & income expectations improve.
- Current conditions index dips.
- Inflation expectations decline.
by:Tom Moeller
|in:Economy in Brief
- USA| Nov 28 2023
U.S. Energy Prices Are Mixed
- Gasoline & diesel fuel prices continue to fall.
- Crude oil prices edge higher.
- Natural gas prices decline.
by:Tom Moeller
|in:Economy in Brief
- USA| Nov 27 2023
U.S. New Home Sales & Prices Decline in October
- Sales reverse most of earlier increase.
- Median sales price weakens to roughly two-year low.
- Movement in sales is mixed nationally.
by:Tom Moeller
|in:Economy in Brief
- USA| Nov 22 2023
U.S. Durable Goods Orders Fall Sharply in October
- Aircraft orders plunge; orders outside transportation hold steady.
- Both durable & nondurable shipments slide.
- Order backlogs & inventories increase.
by:Tom Moeller
|in:Economy in Brief
- USA| Nov 21 2023
U.S. Existing Home Sales Fall Sharply in October
- Sales weaken to 13-year low.
- Home prices slip again.
- Purchases decline in most regions of country.
by:Tom Moeller
|in:Economy in Brief
- USA| Nov 21 2023
U.S. Energy Prices Weaken
- Gasoline & diesel fuel prices continue to fall.
- Crude oil prices weaken further.
- Natural gas prices increase.
by:Tom Moeller
|in:Economy in Brief
- USA| Nov 20 2023
U.S. Leading Economic Indicators Decline Further in October
- Leading Index continues to portend economic downturn.
- Stability in Coincident Index follows three months of increase.
- Lagging Index increase suggests rising economic excess.
by:Tom Moeller
|in:Economy in Brief
- USA| Nov 17 2023
U.S. Housing Starts & Building Permits Improve in October
- Rise in starts is led by multi-family; single-family gain is modest.
- Changes are mixed across country.
- Building permits gain also is paced by multi-family.
by:Tom Moeller
|in:Economy in Brief
- USA| Nov 17 2023
U.S. E-Commerce Sales Increase Again in Q3'23
- Online sales remain on moderate growth path this year.
- Nonstore retail sales are strong y/y.
- Furniture, electronics & other consumer durables sales fall y/y.
by:Tom Moeller
|in:Economy in Brief
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