- Gasoline & diesel fuel prices move lower.
- Crude oil prices fall to eight-week low.
- Natural gas prices are little-changed.
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| Oct 31 2023
U.S. Gasoline & Crude Oil Prices Fall
by:Tom Moeller
|in:Economy in Brief
- General business activity index negative for more than a year.
- Production remains positive, but new orders growth & employment gains ease.
- Price & wage indexes weaken.
by:Tom Moeller
|in:Economy in Brief
- USA| Oct 27 2023
U.S. PCE Price Index Remains Firm in September; Personal Spending Improves & Income Gain Steadies
- Core prices accelerate.
- Personal spending growth picks up.
- Income growth is steady.
by:Tom Moeller
|in:Economy in Brief
- USA| Oct 26 2023
U.S. GDP Growth Firms in Q3; Price Index Strengthens
- Growth is broad-based amongst categories, except business investment.
- Rise in consumer & government spending is notable.
- Price index growth rebounds.
by:Tom Moeller
|in:Economy in Brief
- USA| Oct 26 2023
U.S. Pending Home Sales Rise in September
- Increase fails to recover prior month’s decline.
- Changes are mixed amongst regions.
by:Tom Moeller
|in:Economy in Brief
- USA| Oct 25 2023
U.S. New Home Sales Rise as Prices Drop in September
- Sales continue recent uptrend.
- Median sales price falls to three-month low; down sharply y/y.
- Everywhere in the country, sales move up.
by:Tom Moeller
|in:Economy in Brief
- USA| Oct 25 2023
U.S. Mortgage Applications Decline as Interest Rates Rise
- Total applications remain at lowest level since 1995.
- Applications for purchase loans & refinancing decline.
- Mortgage interest rates increase to highest level since 2000.
by:Tom Moeller
|in:Economy in Brief
- USA| Oct 24 2023
U.S. Gasoline Prices Fall Further
- Gasoline costs decline, but diesel fuel rises.
- Crude oil prices move higher.
- Natural gas prices weaken.
by:Tom Moeller
|in:Economy in Brief
- USA| Oct 23 2023
Chicago Fed National Activity Index Improves in September
- Each of the four component series improve m/m.
- Three-month average holds steady.
- Diffusion index turns positive.
by:Tom Moeller
|in:Economy in Brief
- USA| Oct 23 2023
U.S. Government Budget Deficit Deepens in FY 2023
- Larger deficit partially reverses FY’22 improvement.
- Revenues decline further with lower individual tax receipts.
- Outlay growth remains strong as Medicare & Social Security payments rise.
by:Tom Moeller
|in:Economy in Brief
- USA| Oct 20 2023
FIBER: Industrial Commodity Prices Decline in Latest Four Weeks
- Metals & crude oil prices fall.
- Textile prices ease.
- Lumber & rubber costs increase.
by:Tom Moeller
|in:Economy in Brief
- USA| Oct 19 2023
U.S. Existing Home Sales Decline in September
- Sales fall to 13-year low.
- Home prices weaken.
- Purchases fall in most regions of the country.
by:Tom Moeller
|in:Economy in Brief
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