- Moderate increases in last two months follow strong April gain.
- Nonrevolving credit usage strengthens as revolving credit eases.
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 08 2025U.S. Consumer Credit Picks Up in June
by:Tom Moeller
|in:Economy in Brief
USA| Aug 07 2025U.S. Wholesale Inventories Edge Higher in June
- Slight inventory gain masks divergent industry patterns.
- Sales increase is first since March.
- I/S ratio steadies at three-year low.
by:Tom Moeller
|in:Economy in Brief
- Initial claims increase to highest in four weeks.
- Continuing claims continue upward trend.
- Insured unemployment rate holds steady.
by:Tom Moeller
|in:Economy in Brief
USA| Aug 06 2025U.S. Mortgage Applications Rise Last Week as Interest Rates Slip
- Loan refinancing jumps as purchase applications edge higher.
- Effective fixed-interest rate eases on 30-year loans.
- Average loan size increases again.
by:Tom Moeller
|in:Economy in Brief
USA| Aug 05 2025U.S. ISM Services PMI Declines in July; Price Index Increases
- Total index trending lower for nine months.
- Business activity, new orders & employment weaken.
- Prices Index strengthens to highest level since 2022.
by:Tom Moeller
|in:Economy in Brief
- Total orders less transportation rise moderately.
- Shipments pick up.
- Unfilled orders surge as inventories rise modestly.
by:Tom Moeller
|in:Economy in Brief
USA| Aug 01 2025U.S. Employment Report Shows Weakness in July, While Revisions Reduce Earlier Gains; Jobless Rate Picks Up
- Recent job growth reduced by fewer factory & government jobs.
- Earnings gain remains steady y/y.
- Jobless rate reverses June decline.
by:Tom Moeller
|in:Economy in Brief
USA| Aug 01 2025U.S. Light Vehicle Sales Rebound in July
- Both light truck and auto sales recover.
- Domestic and imports each increase.
- Imports' market share steadies.
by:Tom Moeller
|in:Economy in Brief
- Core price increase is strongest in four months.
- Real spending moves slightly higher.
- Real disposable income holds steady along with personal savings rate.
by:Tom Moeller
|in:Economy in Brief
USA| Jul 30 2025FOMC Targeted Funds Rate Range Is Unchanged
- FOMC holds funds rate target at late-December level.
- Decision was not unanimous with two FOMC members voting for a 25 basis point cut.
by:Tom Moeller
|in:Economy in Brief
USA| Jul 30 2025U.S. GDP Q2’25 Shows More Growth, Less Inflation
- Q2 GDP growth more than makes up deterioration in Q1.
- Consumer spending picks up while trade gap deterioration reverses.
- Price index gain roughly halves.
by:Tom Moeller
|in:Economy in Brief
- Decline reverses much of June decline.
- Expectations improve but present situation reading declines.
- Inflation expectations edge down.
by:Tom Moeller
|in:Economy in Brief
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