- Home prices are little changed & mortgage rates fall.
- Median income improves.
- Affordability improves throughout country.
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| Feb 06 2025
U.S. Housing Affordability Edges Up in December
by:Tom Moeller
|in:Economy in Brief
- USA| Feb 06 2025
U.S. Productivity Growth Slows in Q4’24
- Annual increase remains below 2023 gain.
- Compensation growth accelerates.
- Quarterly Increase in unit labor costs is strongest since Q1’23.
by:Tom Moeller
|in:Economy in Brief
- USA| Feb 05 2025
U.S. ISM Services PMI Declines in January; Prices Moderate
- Total index remains below October high.
- Business Activity index falls to five-month low; new orders weaken but employment firms.
- Prices Index moves lower, reversing sharp December gain.
by:Tom Moeller
|in:Economy in Brief
- USA| Feb 05 2025
U.S. ADP Payrolls Firm in January; Pay Increase
- Employment increase is led by service sector hiring.
- Wage gains for “job changers” & “job stayers” are steady.
- Small, medium & large business hiring is firm.
by:Tom Moeller
|in:Economy in Brief
- Job openings drop following upwardly revised November gain.
- Decline concentrated in professional services & education.
- Layoffs reverse fall back but continue to trend higher.
by:Tom Moeller
|in:Economy in Brief
- USA| Feb 03 2025
U.S. Light Vehicle Sales Fall Sharply in January
- Light truck purchases and auto sales decline together.
- Both domestic & import sales retreat.
- Imports' market share eases.
by:Tom Moeller
|in:Economy in Brief
- USA| Feb 03 2025
U.S. ISM Manufacturing Index Strengthens in January; Prices Rise
- Reading improves to highest level in over two years.
- New orders, production and employment rise.
- Prices reading jumps to highest level since last May.
by:Tom Moeller
|in:Economy in Brief
- USA| Jan 31 2025
U.S. Core PCE Price Inflation Stays Low in December; Real Spending Gain Remains Firm
- Price index held in check by modest goods & services price gains.
- Real spending growth remains firm.
- Disposable income growth after inflation decelerates.
by:Tom Moeller
|in:Economy in Brief
- USA| Jan 30 2025
U.S. GDP Growth Is Weaker-than-Expected in Q4’24
- Inventory subtraction is largest since Q1’23; net exports add minimally to growth.
- Consumer spending growth advances sharply; business investment declines.
- Price index growth picks up marginally.
by:Tom Moeller
|in:Economy in Brief
- USA| Jan 29 2025
FOMC Holds Steady Targeted Funds Rate Range
- Rate stability follows three meetings of decline.
- Economic goals are unchanged.
by:Tom Moeller
|in:Economy in Brief
- USA| Jan 29 2025
U.S. Goods Int’l Trade Deficit Increases to Record in December
- Deficit widening subtracts substantially from real GDP growth.
- Exports decline to lowest level since November 2023.
- Import surge is broad-based.
by:Tom Moeller
|in:Economy in Brief
- Confidence weakens to lowest level in four months.
- Present situations reading and expectations fall sharply.
- Inflation and interest rate expectations rise.
by:Tom Moeller
|in:Economy in Brief
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