- Driven by fuel costs, import prices rise for first time in four months.
- Excluding fuels, import prices hold steady, but y/y decline accelerates.
- Export prices also firm unexpectedly with broad-based gains.
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| May 12 2023
U.S. Import and Export Prices Improve in April
by:Tom Moeller
|in:Economy in Brief
- USA| May 12 2023
U.S. Housing Affordability Declines in March
- Home prices strengthen.
- Mortgage interest rates rise.
- Family income improves.
by:Tom Moeller
|in:Economy in Brief
- USA| May 11 2023
U.S. PPI Increases Modestly in April
- Annual increase remains at two-year low.
- Core goods & services prices rise.
- Food prices decline; energy costs recover.
by:Tom Moeller
|in:Economy in Brief
- USA| May 10 2023
U.S. CPI Gain Picks Up in April; Core Prices Increase Steadily
- Core goods price strength is spotty.
- Services prices move higher.
- Energy prices decline; food prices remain strong.
by:Tom Moeller
|in:Economy in Brief
- USA| May 10 2023
U.S. Government Budget Surplus Shrinks Y/Y in April
- Revenues decline with lower personal tax receipts.
- Outlays surge for Social Security, Defense & Interest.
by:Tom Moeller
|in:Economy in Brief
- USA| May 09 2023
NFIB Small Business Optimism Index Weakens in April
- Component changes are mixed.
- Expectations for economic improvement languish.
- Worries about labor quality & taxes persist.
by:Tom Moeller
|in:Economy in Brief
- USA| May 09 2023
U.S. Energy Prices Decline
- Retail gasoline prices reverse earlier increases
- Crude oil prices continue to weaken.
- Natural gas prices decline.
by:Tom Moeller
|in:Economy in Brief
- USA| May 08 2023
U.S. Wholesale Inventories Are Little Changed in March
- Durable goods inventories hold steady, while nondurables ease.
- Sales move broadly lower.
- Inventory-to-sales ratio climbs to three-year high.
by:Tom Moeller
|in:Economy in Brief
- Payroll gain in April follows shaved estimates in prior two months.
- Earnings growth accelerates.
- Jobless rate falls and remains near 50-year low.
by:Tom Moeller
|in:Economy in Brief
- USA| May 04 2023
U.S. Trade Deficit Narrows in March
- Deficit is lowest in four months.
- Exports strengthen while imports ease.
- Goods trade deficit shrinks; services surplus steadies.
by:Tom Moeller
|in:Economy in Brief
- USA| May 04 2023
U.S. Initial Claims for Unemployment Insurance Rise
- Initial claims remain higher than January.
- Continuing claims ease.
- Insured unemployment rate declines.
by:Tom Moeller
|in:Economy in Brief
- USA| May 03 2023
ADP Employment Strengthens but Earnings Slow in April
- Private payrolls double March gain.
- Job strength includes leisure, education & health services industries.
- Pay increases continue to moderate.
by:Tom Moeller
|in:Economy in Brief
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