- Decline in GDP is first in three years.
- Foreign trade subtracts substantially ahead of tariffs.
- Domestic final demand growth weakens.
- Price index strengthens with higher core PCE prices.
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| Apr 30 2025U.S. GDP Unexpectedly Declines in Q1’25; Prices Strengthen
by:Tom Moeller
|in:Economy in Brief
USA| Apr 30 2025U.S. Pending Home Sales Surge in March
- Sales rise to highest level in four months.
- Strength is evident throughout most of country.
by:Tom Moeller
|in:Economy in Brief
- Confidence weakens to lowest level since May 2020.
- Expectations reading plummets to 2011 low; present situation reading eases.
- Inflation and interest rate expectations rise further.
by:Tom Moeller
|in:Economy in Brief
- Advance reading reflects higher consumer goods & auto imports.
- Other imports also are strong, while exports rise modestly.
- Exports growth held back by fall in nonauto consumer & capital goods.
by:Tom Moeller
|in:Economy in Brief
USA| Apr 29 2025U.S. Energy Prices Are Mixed in Latest Week
- Gasoline prices ease.
- Crude oil prices rise.
- Natural gas costs decline further.
by:Tom Moeller
|in:Economy in Brief
USA| Apr 25 2025Kansas City Fed Manufacturing Activity Index Declines in April; Expectations Diminish
- Index has moved sideways for over two years.
- Most components remain negative.
- Prices paid reading surges.
by:Tom Moeller
|in:Economy in Brief
USA| Apr 24 2025U.S. Existing Home Sales Fall Sharply in March
- Sales are lowest since September.
- Decline extends throughout the country.
- Median sales price increases.
by:Tom Moeller
|in:Economy in Brief
USA| Apr 24 2025U.S. Advance Durable Goods Orders Surge During March
- Increase exceeds expectations after moderate February rise.
- Transportation orders account for all of last month’s gain.
- Nondefense capital goods less aircraft orders are minimally higher.
by:Tom Moeller
|in:Economy in Brief
USA| Apr 23 2025U.S. New Home Sales Improve in March; Prices Weaken
- Sales rise to highest level in six months.
- Changes in sales are mixed across the country.
- Median sales price falls to four-month low.
by:Tom Moeller
|in:Economy in Brief
- Refinancing loans fall sharply and purchase loan applications decline as well.
- Effective interest rate increases to two-month high.
- Average loan size falls sharply.
by:Tom Moeller
|in:Economy in Brief
USA| Apr 22 2025U.S. Energy Prices Are Mixed in Latest Week
- Gasoline prices fall sharply again.
- Crude oil prices edge higher.
- Natural gas costs decline further.
by:Tom Moeller
|in:Economy in Brief
- Metals prices weaken broadly.
- Lumber & rubber prices fall.
- Crude oil prices remain soft.
by:Tom Moeller
|in:Economy in Brief
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