- Both single-family & multi-family starts jump.
- Improvement fails to include the Northeast.
- Smaller gain in building permits dominated by single-family.
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| Jun 20 2023
U.S. Housing Starts Surge in May
by:Tom Moeller
|in:Economy in Brief
- USA| Jun 20 2023
U.S. Home Builder Index Strengthens in June
Index improves to 11-month high. Current sales & traffic strengthen. Regional activity improves broadly.
by:Tom Moeller
|in:Economy in Brief
- USA| Jun 16 2023
U.S. Business Inventories Rebound in April; Sales Rise
- Factory inventories strengthen.
- Retail & wholesale sales improve.
- I/S ratios ease m/m, but remain elevated.
by:Tom Moeller
|in:Economy in Brief
- USA| Jun 15 2023
U.S. Retail Sales Are Unexpectedly Firm in May
- Motor vehicle & building material sales strengthen.
- Core goods increase moderates.
- Lower gasoline prices continue to lessen overall gain.
by:Tom Moeller
|in:Economy in Brief
- USA| Jun 15 2023
U.S. Import and Export Prices Decline
- Import price decline led by large drop in fuel prices.
- Excluding fuels, import prices decline minimally.
- Export prices fall sharply.
by:Tom Moeller
|in:Economy in Brief
- USA| Jun 14 2023
FOMC Leaves Fed Funds Rate Unchanged
- Federal funds rate is unchanged in a range of 5.00% to 5.25%.
- Rate is highest since August 2007.
- Economic projections add to real growth & inflation this year.
by:Tom Moeller
|in:Economy in Brief
- USA| Jun 14 2023
U.S. PPI Declines in May; Core Edges Higher
- Annual gain down sharply from last year’s high.
- Core goods & services prices edge higher.
- Energy & food prices fall sharply.
by:Tom Moeller
|in:Economy in Brief
- USA| Jun 13 2023
U.S. CPI Increases Negligibly in May; Core Prices Rise Steadily
- Core goods prices hold steady.
- Service price strength is sustained.
- Energy prices fall sharply; food prices edge higher.
by:Tom Moeller
|in:Economy in Brief
- USA| Jun 13 2023
U.S. Energy Product Prices Mostly Improve in Latest Week
- Gasoline prices edge higher but diesel fuel prices ease.
- Crude oil & natural gas prices rise slightly.
- Petroleum demand increases.
by:Tom Moeller
|in:Economy in Brief
- USA| Jun 12 2023
U.S. Government Budget Deficit Increases in May
- Revenues decline sharply as personal tax receipts decline.
- Outlays surge with higher Medicare, Health & Social Security & Income Security payments.
by:Tom Moeller
|in:Economy in Brief
- USA| Jun 09 2023
U.S. Housing Affordability Deteriorates in April
- Home price increases stay strong.
- Family income remains under pressure.
- Mortgage rates slip.
by:Tom Moeller
|in:Economy in Brief
- USA| Jun 08 2023
U.S. Wholesale Inventories Remain Little Changed in April
- Durable goods inventories rise, while nondurables decline.
- Sales edge higher after sharp retreat.
- Inventory-to-sales ratio eases from three-year high.
by:Tom Moeller
|in:Economy in Brief
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