- General business activity slips; expectations deteriorate.
- Shipments & hours-worked drop, but employment & production improve.
- Pricing & wage pressures diminish.
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| Mar 27 2023
Texas Manufacturing Activity Indexes Remain Negative in March
by:Tom Moeller
|in:Economy in Brief
- Total orders fall for third month in last four.
- Orders are mixed across categories.
- Shipments & order backlogs ease; inventories rise.
by:Tom Moeller
|in:Economy in Brief
- USA| Mar 23 2023
U.S. New Home Sales Increase Further in February
- Home sales rise for third straight month.
- Sales changes remain mixed regionally.
- Median sales price gain fails to recoup earlier decline.
by:Tom Moeller
|in:Economy in Brief
- USA| Mar 23 2023
Chicago Fed National Activity Index Is Negative in February
- Reading is below zero for fourth month in last five.
- All four components are negative.
- Recent trend roughly stabilizes.
by:Tom Moeller
|in:Economy in Brief
- USA| Mar 22 2023
FOMC Gradually Lifts Funds Rate
- The FOMC raised the targeted Federal Funds Rate by 25 basis points to a range of 4.75%-5.00%.
- Today’s decision was endorsed by each member of the FOMC.
by:Tom Moeller
|in:Economy in Brief
- USA| Mar 22 2023
Mortgage Applications Continue to Increase
- Refinancing & purchase loans both rise.
- Interest rates decline again.
by:Tom Moeller
|in:Economy in Brief
- USA| Mar 21 2023
U.S. Existing Home Sales Surge During February
- Sales strengthen to five-month high.
- Improvement is widespread across regions.
- Home price decline stabilizes.
by:Tom Moeller
|in:Economy in Brief
- USA| Mar 21 2023
U.S. Gasoline & Crude Oil Prices Fall
- Retail gasoline prices weaken.
- Crude oil costs slip to late-2021 low.
- Natural gas prices remain well below December high.
by:Tom Moeller
|in:Economy in Brief
- USA| Mar 20 2023
FIBER: Industrial Commodity Prices Decline Broadly
- Crude oil prices touch 15-month low.
- Metals prices mostly weaken.
- Lumber prices improve.
by:Tom Moeller
|in:Economy in Brief
- Monthly decline is eleventh in a row.
- Coincident indicators post minimal gain.
- Lagging indicators rise modestly.
by:Tom Moeller
|in:Economy in Brief
- USA| Mar 17 2023
U.S. Industrial Production Stalls in February
- Production weakness is broad-based amongst market groups.
- Capacity utilization is unchanged.
by:Tom Moeller
|in:Economy in Brief
- USA| Mar 16 2023
U.S. Housing Starts Improve in February
- Multi-family starts surge; single-family rise moderately.
- Starts are mixed across the country.
- Building permits surge, also powered by multi-family.
by:Tom Moeller
|in:Economy in Brief
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