• Import costs are unexpectedly strong. • Export price gain picks up. Import prices increased 1.2% (6.9% y/y) during March following a 1.3% February rise. A 0.9% increase had been expected in the Action Economics Forecast Survey. [...]
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
Global| Apr 14 2021
U.S. Import & Export Prices Continue to Rise in March
by:Tom Moeller
|in:Economy in Brief
Global| Apr 14 2021
U.S. Mortgage Applications Decline Further
• Purchase and refinancing applications fall. • Mortgage interest rates ease. The Mortgage Bankers Association Mortgage Loan Applications Index fell 3.7% (-13.4% y/y) in the week ended April 9, the sixth consecutive weekly decline. [...]
by:Tom Moeller
|in:Economy in Brief
Global| Apr 13 2021
U.S. Consumer Price Inflation Picks Up as Both Energy & Core Prices Strengthen in March
• Higher energy prices lead last month's gain. • Services price inflation continues to accelerate. • Core goods prices pick up. Price inflation at the retail level is accelerating as demand firms. The Consumer Price Index rose 0.6% [...]
by:Tom Moeller
|in:Economy in Brief
Global| Apr 13 2021
U.S. Energy Prices Ease Broadly
• Gasoline prices reverse earlier increase. • Crude oil prices slip. • Natural gas prices continue to decline. The price of regular gasoline eased to $2.85 per gallon (+53.8% y/y) in the week ended April 12 after edging higher to [...]
by:Tom Moeller
|in:Economy in Brief
Global| Apr 12 2021
U.S. Government Budget Deficit Widens During March
The U.S. Treasury Department reported a federal budget deficit of $659.6 billion during March compared to a deficit of $119.0 billion one year earlier. For the first six months of this fiscal year the deficit rose to $1.706 trillion. [...]
by:Tom Moeller
|in:Economy in Brief
Global| Apr 12 2021
U.S. Government Budget Deficit Widens During March
The U.S. Treasury Department reported a federal budget deficit of $659.6 billion during March compared to a deficit of $119.0 billion one year earlier. For the first six months of this fiscal year the deficit rose to $1.706 trillion. [...]
by:Tom Moeller
|in:Economy in Brief
Global| Apr 12 2021
U.S. Government Budget Deficit Widens During March
The U.S. Treasury Department reported a federal budget deficit of $659.6 billion during March compared to a deficit of $119.0 billion one year earlier. For the first six months of this fiscal year the deficit rose to $1.706 trillion. [...]
by:Tom Moeller
|in:Economy in Brief
Global| Apr 12 2021
FIBER: Industrial Commodity Prices Improve Modestly
• Lumber prices strengthen with the housing market. • Metals prices are mixed. The Industrial Materials Price Index, from the Foundation for International Business and Economic Research (FIBER), increased 0.9% during the four weeks [...]
by:Tom Moeller
|in:Economy in Brief
Global| Apr 09 2021
U.S. Wholesale Inventories Post Strong February Gain; Sales Fall
• Wholesale inventory strength reflects higher oil prices. • Decline in sales helps to raise I/S ratio. Wholesale inventories increased 0.6% (2.0% y/y) during February following a 1.4% January jump, revised from 1.3%. A 0.5% gain had [...]
by:Tom Moeller
|in:Economy in Brief
Global| Apr 09 2021
U.S. Wholesale Inventories Post Strong February Gain; Sales Fall
• Wholesale inventory strength reflects higher oil prices. • Decline in sales helps to raise I/S ratio. Wholesale inventories increased 0.6% (2.0% y/y) during February following a 1.4% January jump, revised from 1.3%. A 0.5% gain had [...]
by:Tom Moeller
|in:Economy in Brief
Global| Apr 09 2021
U.S. PPI Posts Broad-Based Strength in March
• Core finished goods inflation picks up. • Energy prices surge. • Service price inflation strengthens. The Producer Price Index for final demand jumped 1.0% (4.2% y/y) during March following a 0.5% February improvement. The index has [...]
by:Tom Moeller
|in:Economy in Brief
Global| Apr 08 2021
U.S. Initial Unemployment Insurance Claims Unexpectedly Increase
• Initial claims rise to highest level in three weeks. • Continuing claims ease. • Insured jobless rate remains steady. Initial claims for unemployment insurance rose to 744,000 during the week ended April 3 from 728,000 during the [...]
by:Tom Moeller
|in:Economy in Brief
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