- General business activity index deteriorates but remains up sharply from May low.
- New orders, production & employment improve.
- Pricing pressure unchanged & moderate. Wage index stabilizes.
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 25 2023
Texas Manufacturing Activity Index Remains Negative and Expectations Deteriorate in September
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 2023
FIBER: 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 2023
U.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 2023
Philadelphia 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 2023
FOMC 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
- USA| Sep 20 2023
U.S. Mortgage Applications Rebound
- Increase follows two weeks of decline.
- Refinance applications surge; purchase applications rise moderately.
- Mortgage interest rates are mixed.
by:Tom Moeller
|in:Economy in Brief
- Multi-family starts plunge while single-family starts weaken.
- Drop in starts is uneven across the country.
- Permits rise sharply for multi-family units.
by:Tom Moeller
|in:Economy in Brief
- USA| Sep 19 2023
U.S. Energy Prices Increase
- Gasoline & diesel fuel prices strengthen.
- Crude oil prices continue to improve from March low.
- Natural gas prices increase.
by:Tom Moeller
|in:Economy in Brief
- USA| Sep 18 2023
U.S. Home Builders Index Plunges in September
- Unexpected decline brings index to five-month low.
- Buyer traffic drops to lowest since February.
- Regional weakness is broad-based.
by:Tom Moeller
|in:Economy in Brief
- USA| Sep 15 2023
U.S. Industrial Production Strengthens in August
- Utilities output leads gain.
- Capital goods output increases, but consumer product production falls.
- Capacity utilization edges higher.
by:Tom Moeller
|in:Economy in Brief
- USA| Sep 15 2023
U.S. Import and Export Prices Strengthen Unexpectedly in August
- Import price gains led by fuels.
- Excluding fuels, import prices slipped.
- Export price rise centered on nonagricultural products.
by:Tom Moeller
|in:Economy in Brief
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