- Factory production falls moderately; utility output plunges.
- Mining output holds steady.
- Capacity utilization declines sharply.
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 15 2024
U.S. Industrial Production Declines During July
by:Tom Moeller
|in:Economy in Brief
- Vehicle sales strengthen while gasoline purchases edge higher.
- Core retail spending gain moderates.
- Furniture & electronics sales jump.
by:Tom Moeller
|in:Economy in Brief
- USA| Aug 14 2024
U.S. CPI Total & Core Prices Increase Modestly in July
- Services prices pick up m/m, driven by shelter.
- Core goods price decline is broad-based.
- Food prices rise modestly while energy costs are unchanged.
by:Tom Moeller
|in:Economy in Brief
- Goods prices less food & energy increase modesty.
- Service price decline follows three months of strong gain.
- Energy prices rebound; food prices strengthen.
by:Tom Moeller
|in:Economy in Brief
- USA| Aug 13 2024
U.S. Energy Prices Decline in Latest Week
- Gasoline prices fall to five-month low.
- Crude oil prices continue to decline.
- Natural gas prices weaken to lowest level since early-May.
by:Tom Moeller
|in:Economy in Brief
- USA| Aug 12 2024
U.S. Government Budget Deficit Shrinks So Far in FY 2024
- Personal income tax receipts strengthen.
- Corporate tax payments surge.
- Outlay growth picks up with higher Social Security spending.
- Interest payments surge.
by:Tom Moeller
|in:Economy in Brief
- USA| Aug 09 2024
U.S. Housing Affordability Index Is Little Changed in June
- Median sales prices continue to move up to record highs.
- Mortgage rates ease following four months of increase.
- Median family income growth remains strong.
- Affordability is highest in the Midwest and lowest in the West.
by:Tom Moeller
|in:Economy in Brief
- Wholesale inventories rise for third consecutive month.
- Sales reverse two monthly gains.
- Inventory/sales ratio increases to roughly one-year high.
by:Tom Moeller
|in:Economy in Brief
- USA| Aug 07 2024
U.S. Consumer Credit Growth Dips in June
- Revolving credit outstanding declines.
- Nonrevolving credit gain accelerates.
by:Tom Moeller
|in:Economy in Brief
- Purchase applications edge higher while refinancing continues to surge.
- Interest rate on 30-year fixed-rate loan declines sharply.
by:Tom Moeller
|in:Economy in Brief
- USA| Aug 06 2024
U.S. Trade Deficit Narrows Slightly in June
- Trade shortfall is smallest in three months.
- Export gain outpaces import increase.
- Trade deficits with China, Japan & European Union narrow.
by:Tom Moeller
|in:Economy in Brief
- USA| Aug 06 2024
U.S. Energy Prices Decline in Latest Week
- Gasoline prices fall to six-week low.
- Crude oil prices decline sharply.
- Natural gas prices weaken to lowest level since early-May.
by:Tom Moeller
|in:Economy in Brief
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