- Aircraft orders decline after July strengthening. Orders less transportation rise modestly.
- Shipments ease following two months of strength.
- Unfilled orders fall moderately but inventories are little changed.
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| Sep 26 2024U.S. Durable Goods Orders Hold Steady in August
by:Tom Moeller
|in:Economy in Brief
USA| Sep 26 2024U.S. Pending Home Sales Rise Modestly in August
- Sales remain near cycle low.
- Home sales are mixed across four regions of the country.
by:Tom Moeller
|in:Economy in Brief
USA| Sep 25 2024U.S. New Home Sales Ease in August
- Sales remain up sharply from 2022 low.
- Median sales price slips.
- Sales decline in most of country.
by:Tom Moeller
|in:Economy in Brief
USA| Sep 25 2024U.S. Mortgage Applications Strengthen Last Week
- Surge in refinancing continues to overshadow rise in purchase loans.
- Interest rates fall further.
- Average loan size jumps again for both purchase and refinanced loans.
by:Tom Moeller
|in:Economy in Brief
USA| Sep 24 2024Consumer Confidence Declines Sharply in September
- Falloff reverses two months of increase.
- Both present situation and expectations measures decline.
- Inflation expectations increase.
by:Tom Moeller
|in:Economy in Brief
- Gasoline prices remain at seven-month low.
- Crude oil costs rise.
- Natural gas prices improve.
by:Tom Moeller
|in:Economy in Brief
USA| Sep 23 2024Chicago Fed National Activity Index Improves in August
- Production & income lead upturn.
- Other series are negative.
- Breadth of increase & trend ease.
by:Tom Moeller
|in:Economy in Brief
- Rubber & metals prices increase.
- Textile price rise led by cotton.
- Energy price decline paced by crude oil.
by:Tom Moeller
|in:Economy in Brief
USA| Sep 19 2024U.S. Leading Indicators Weaken in August
- Component movement in leading index is mixed.
- Coincident indicators rebound.
- Lagging indicators hold steady.
by:Tom Moeller
|in:Economy in Brief
USA| Sep 19 2024U.S. Philadelphia Fed Index Moves Up in September
- Current General Activity Index remains down sharply in Q3.
- New orders & shipments fall, but employment improves.
- Inflation indicators jump.
by:Tom Moeller
|in:Economy in Brief
USA| Sep 18 2024FOMC Lowers Funds Rate Target by 50 Basis Points
- Funds rate target range was lowered to 4.75% to 5.0% after being held steady at 5.25% to 5.5% since August 2023.
- Fed maintains focus on inflation reduction.
- Moderation of labor market strength & progress toward 2% inflation goal again is noted.
by:Tom Moeller
|in:Economy in Brief
USA| Sep 18 2024U.S. Housing Starts & Building Permits Rebound in August
- Increase led by single-family; multi-family starts edge lower.
- Starts rise throughout most of the country.
- Building permits strengthen following sharp decline.
by:Tom Moeller
|in:Economy in Brief
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