- Sales uptrend remains in place.
- Light truck sales fall modestly; car sales trend sideways.
- Imported vehicle sales fall to six-month low.
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| Apr 03 2023U.S. Light Vehicle Sales Ease During March
by:Tom Moeller
|in:Economy in Brief
USA| Apr 03 2023U.S. ISM Manufacturing Index Declines Sharply in March
- Index hits three-year low.
- Employment, new orders & supplier deliveries pace the decline.
- Pricing power weakens.
by:Tom Moeller
|in:Economy in Brief
USA| Mar 31 2023U.S. Chicago Business Barometer Edges Higher in March
- Index remains well below May 2021 high.
- Employment & inventories improve but new orders & supplier deliveries weaken.
- Prices paid index remains low and little changed.
by:Tom Moeller
|in:Economy in Brief
- Consumer spending growth is reduced but capital investment is lifted.
- Inventories & trade deficit improvement add to growth.
- Q4 price gain is unrevised.
by:Tom Moeller
|in:Economy in Brief
USA| Mar 29 2023U.S. Pending Home Sales Edge Higher in February
- Sales reach six-month high.
- Monthly changes are mixed amongst regions.
by:Tom Moeller
|in:Economy in Brief
USA| Mar 29 2023Mortgage Applications Continue to Increase
- Refinancing increase outpaces purchase application gain.
- Interest rates ease.
by:Tom Moeller
|in:Economy in Brief
USA| Mar 28 2023U.S. Consumer Confidence Improves Slightly in March
- Expectations rise modestly.
- Present situation index declines.
- Inflation expectations edge higher.
by:Tom Moeller
|in:Economy in Brief
USA| Mar 28 2023U.S. Energy Prices Remain Lower
- Retail gasoline prices hold steady.
- Crude oil costs slip.
- Natural gas prices continue to fall.
by:Tom Moeller
|in:Economy in Brief
USA| Mar 27 2023Texas Manufacturing Activity Indexes Remain Negative in March
- General business activity slips; expectations deteriorate.
- Shipments & hours-worked drop, but employment & production improve.
- Pricing & wage pressures diminish.
by:Tom Moeller
|in:Economy in Brief
- Total orders fall for third month in last four.
- Orders are mixed across categories.
- Shipments & order backlogs ease; inventories rise.
by:Tom Moeller
|in:Economy in Brief
USA| Mar 23 2023U.S. New Home Sales Increase Further in February
- Home sales rise for third straight month.
- Sales changes remain mixed regionally.
- Median sales price gain fails to recoup earlier decline.
by:Tom Moeller
|in:Economy in Brief
USA| Mar 23 2023Chicago Fed National Activity Index Is Negative in February
- Reading is below zero for fourth month in last five.
- All four components are negative.
- Recent trend roughly stabilizes.
by:Tom Moeller
|in:Economy in Brief
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