- Total index moves up to neutral, after four months below zero.
- Finished goods prices measure remains negative.
- Expectations for future activity improve modestly.
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| Aug 25 2023Kansas City Fed Manufacturing Index Is Unchanged in August
by:Tom Moeller
|in:Economy in Brief
- Aircraft orders produce volatility.
- Shipments are unchanged for second straight month.
- Order backlogs increase but inventories are little-changed.
by:Tom Moeller
|in:Economy in Brief
USA| Aug 24 2023Chicago Fed National Activity Index Increases During July
- Two of four components are positive.
- Production improves sharply.
- Three-month average of total remains negative.
by:Tom Moeller
|in:Economy in Brief
USA| Aug 23 2023U.S. New Home Sales & Prices Increase in July
- Sales are highest since February of last year.
- Regional sales patterns remain mixed.
- Median sales price increases to four-month high.
by:Tom Moeller
|in:Economy in Brief
USA| Aug 23 2023U.S. Mortgage Applications Fall Again as Interest Rates Jump
- Purchase & refinancing applications drop sharply.
- Effective interest rates jump, highest since 2000.
- Average loan size declines again.
by:Tom Moeller
|in:Economy in Brief
USA| Aug 22 2023U.S. Existing Home Sales Fall Further in July
- Sales decline unexpectedly to six-month low.
- Home price slip is first since January.
- Purchases fall in most regions of the country.
by:Tom Moeller
|in:Economy in Brief
USA| Aug 22 2023U.S. Energy Prices Are Mixed
- Gasoline prices continue to rise.
- Crude oil prices fall further.
- Natural gas prices weaken.
by:Tom Moeller
|in:Economy in Brief
USA| Aug 21 2023FIBER: Industrial Commodity Prices Decline in Latest Four Weeks
- Metals & lumber prices fall sharply.
- Crude oil prices jump again.
- Textile prices edge higher.
by:Tom Moeller
|in:Economy in Brief
USA| Aug 17 2023U.S. E-Commerce Sales Increase in Q2'23
- Sales gain eases slightly y/y.
- Nonstore retail sales strong y/y.
- Furniture & clothing sales fall y/y.
by:Tom Moeller
|in:Economy in Brief
USA| Aug 17 2023Philadelphia Fed Manufacturing Index Strengthens in August; Expectations Deteriorate
- New orders & workweek surge; shipments & orders backlogs improve.
- Prices paid surge; prices received weaken.
- Expectations deteriorate.
by:Tom Moeller
|in:Economy in Brief
- Single-family starts rise but multi-family declines.
- Increase in starts is uneven across the country.
- Permits rise minimally with single-family gain.
by:Tom Moeller
|in:Economy in Brief
USA| Aug 16 2023U.S. Mortgage Applications Decline Further; Interest Rates Rise
- Purchase & refinancing applications fall.
- Effective interest rates continue to increase.
- Average loan size slips.
by:Tom Moeller
|in:Economy in Brief
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