- Index remains below expansion level.
- Production, new orders & employment indexes weaken.
- Prices paid index falls sharply.
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| Sep 29 2023U.S. Chicago Business Barometer Declines in September
by:Tom Moeller
|in:Economy in Brief
- Real spending inches higher.
- Wage & salary growth picks up.
- Growth in price index doubles.
by:Tom Moeller
|in:Economy in Brief
USA| Sep 28 2023U.S. GDP Growth Is Unrevised; Price Gain Lowered in Q2
- Consumer spending growth is shaved, business investment raised.
- Price inflation is lowered.
- Corporate profits increase negligibly.
by:Tom Moeller
|in:Economy in Brief
USA| Sep 27 2023U.S. Durable Goods Orders Move Higher in August
- Orders less transportation increase moderately.
- Shipments rise broadly amongst categories.
- Order backlogs & inventories improve.
by:Tom Moeller
|in:Economy in Brief
USA| Sep 26 2023U.S. Consumer Confidence Declines in September
- Expectations weaken sharply while present conditions improve slightly.
- Inflation expectations are unchanged.
- Business, employment & income expectations deteriorate.
by:Tom Moeller
|in:Economy in Brief
USA| Sep 26 2023U.S. Energy Prices Are Mixed
- Gasoline & diesel fuel prices ease.
- Crude oil costs strengthen.
- Natural gas prices retreat.
by:Tom Moeller
|in:Economy in Brief
USA| Sep 25 2023Texas Manufacturing Activity Index Remains Negative and Expectations Deteriorate in September
- General business activity index deteriorates but remains up sharply from May low.
- New orders, production & employment improve.
- Pricing pressure unchanged & moderate. Wage index stabilizes.
by:Tom Moeller
|in:Economy in Brief
- Each of the four components is negative.
- Production & personal spending losses follow positive readings.
- Three-month average of total remains below zero.
by:Tom Moeller
|in:Economy in Brief
USA| Sep 22 2023FIBER: Industrial Commodity Prices Increase in Latest Four Weeks
- Crude oil & metals prices strengthen.
- Textile prices are roughly steady.
- Lumber prices decline.
by:Tom Moeller
|in:Economy in Brief
USA| Sep 21 2023U.S. Existing Home Sales Weaken in August
- Sales decline to seven-month low.
- Home prices edge higher.
- Purchases ease in most regions of the country.
by:Tom Moeller
|in:Economy in Brief
USA| Sep 21 2023Philadelphia Fed Manufacturing Index Turns Negative in September
- Index reverses earlier gain; orders decline & employment index remains negative.
- Prices paid improve; prices received are little changed.
- Expectations improve modestly.
by:Tom Moeller
|in:Economy in Brief
USA| Sep 20 2023FOMC Holds Funds Rate Steady as Expected
- Federal funds rate range remains at 5.25% - 5.50%.
- Rate stays at highest since March 2001.
- Fed keeps focus on reducing inflation.
by:Tom Moeller
|in:Economy in Brief
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