- Gasoline prices edge higher but diesel fuel prices ease.
- Crude oil & natural gas prices rise slightly.
- Petroleum demand increases.
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| Jun 13 2023
U.S. Energy Product Prices Mostly Improve in Latest Week
by:Tom Moeller
|in:Economy in Brief
- USA| Jun 12 2023
U.S. Government Budget Deficit Increases in May
- Revenues decline sharply as personal tax receipts decline.
- Outlays surge with higher Medicare, Health & Social Security & Income Security payments.
by:Tom Moeller
|in:Economy in Brief
- USA| Jun 09 2023
U.S. Housing Affordability Deteriorates in April
- Home price increases stay strong.
- Family income remains under pressure.
- Mortgage rates slip.
by:Tom Moeller
|in:Economy in Brief
- USA| Jun 08 2023
U.S. Wholesale Inventories Remain Little Changed in April
- Durable goods inventories rise, while nondurables decline.
- Sales edge higher after sharp retreat.
- Inventory-to-sales ratio eases from three-year high.
by:Tom Moeller
|in:Economy in Brief
- USA| Jun 08 2023
U.S. Initial Unemployment Insurance Claims Surge in Latest Week
- Claims jump to highest level since October 2021.
- Continuing claims ease.
- Insured unemployment rate continues sideways movement.
by:Tom Moeller
|in:Economy in Brief
- USA| Jun 07 2023
U.S. Trade Deficit Deepens in April
- Deficit is largest in six months.
- Exports fall sharply while imports rise.
- Goods trade deficit widens; services surplus increases.
by:Tom Moeller
|in:Economy in Brief
- USA| Jun 07 2023
U.S. Mortgage Applications Decline Further; Rates Ease
- Mortgage applications post their fourth consecutive weekly decline.
- Interest rates slip following sharp increase.
- Average loan size declines.
by:Tom Moeller
|in:Economy in Brief
- USA| Jun 06 2023
U.S. Energy Product Prices Fall in Latest Week
- Gasoline prices reverse prior week’s increase.
- Crude oil & natural gas prices decline sharply.
- Petroleum demand increases.
by:Tom Moeller
|in:Economy in Brief
- USA| Jun 05 2023
U.S. ISM Services PMI Falls Below Expectations in May
- Composite index declines to lowest level in six months.
- Each component series weakens.
- Prices index falls to three-year low.
by:Tom Moeller
|in:Economy in Brief
- Surprising payroll gain follows upwardly revised estimates.
- Earnings growth slips.
- Jobless rate increases to seven-month high.
by:Tom Moeller
|in:Economy in Brief
- USA| Jun 01 2023
U.S. Light Vehicle Sales Decline in May
- Light truck sales lead latest downturn.
- Imports' market share eases.
by:Tom Moeller
|in:Economy in Brief
- USA| Jun 01 2023
U.S. ISM Manufacturing Index Slips in May
- Index remains above March low.
- Orders decline offsets improvement in employment & production.
- Price index decline reverses earlier strength.
by:Tom Moeller
|in:Economy in Brief
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