• Sales fall to five-month low. • Purchases are mixed throughout country. • Home prices continue to strengthen.
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| Jul 20 2023
Philadelphia Fed Manufacturing Index Is Little Changed in July; Expectations Improve
- New orders, shipments & employment falter but workweek & order backlogs rise.
- Prices paid weaken; prices received surge.
- Expectations improve to two-year high.
by:Tom Moeller
|in:Economy in Brief
- USA| Jul 19 2023
U.S. Housing Starts & Building Permits Decline in June
- Both single-family & multi-family starts reverse earlier gain.
- Declines spread throughout country.
- Drop in building permits reflects multi-family plunge.
by:Tom Moeller
|in:Economy in Brief
- USA| Jul 19 2023
U.S. Mortgage Applications Increase as Interest Rates Decline
- Purchase applications decline while loan refinancing increases.
- Effective interest rates reverse prior week’s increase.
- Average loan size declines.
by:Tom Moeller
|in:Economy in Brief
- USA| Jul 18 2023
U.S. Retail Sales Gain Eases in June
- Gasoline & building material sales decline.
- Sale of core goods strengthen.
- Online retail sales surge.
by:Tom Moeller
|in:Economy in Brief
- USA| Jul 18 2023
U.S. Home Builders Index Increases in July
- Activity increases in each month this year.
- Buyer traffic continues to rise.
- Regional performance remains mixed.
by:Tom Moeller
|in:Economy in Brief
- USA| Jul 18 2023
U.S. Gasoline & Oil Prices Improve
- Gasoline prices rise again.
- Crude oil prices rise to highest level since April.
- Natural gas prices steady.
by:Tom Moeller
|in:Economy in Brief
- USA| Jul 17 2023
Empire State Factory Index Declines in July
- Index reverses some of June rebound.
- Component movement is mixed.
- Price indexes fall sharply.
- Expectations ease.
by:Tom Moeller
|in:Economy in Brief
- USA| Jul 14 2023
U.S. Import and Export Prices Fall in June
- Prices of non-oil imports decline broadly.
- Imported fuel prices rise after sharp decline.
- Export price movement is mixed.
by:Tom Moeller
|in:Economy in Brief
- USA| Jul 14 2023
U.S. Housing Affordability Falls Sharply in May
- Home price increase remains strong.
- Mortgage rates rise.
- Income recovers earlier decline.
by:Tom Moeller
|in:Economy in Brief
- USA| Jul 13 2023
U.S. Government Budget Deficit Deepens in June
- Year-to-date, the deficit widens drastically.
- Revenues decline so far this year with lower individual & corporate tax receipts.
- Outlay growth is strong as Medicare & Social Security payments rise.
by:Tom Moeller
|in:Economy in Brief
- USA| Jul 13 2023
U.S. PPI Edges Higher in June; Core Prices Also Rise Minimally
- Annual gain is weakest since late-2020.
- Core goods & services prices both post lessened y/y increases.
- Food prices ease but energy prices rise m/m.
by:Tom Moeller
|in:Economy in Brief
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