- Light truck purchases jump and auto sales improve.
- Domestic & import sales both improve.
- Imports' market share declines.
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| Dec 03 2024U.S. Light Vehicle Sales Rise to Three-Year High in November
by:Tom Moeller
|in:Economy in Brief
USA| Dec 02 2024U.S. ISM Manufacturing Index Increases in November
- Surprising strength moves index to highest level since June.
- New orders, employment & inventories lead improvement.
- Prices index backpedals.
by:Tom Moeller
|in:Economy in Brief
- GDP grew 2.8% (SAAR) after a 3.0% Q2 gain. Domestic final demand remains strong & unrevised.
- Before-tax profits dip.
- Inventory & foreign trade effects remain negative.
- Price index growth is slowest this year.
by:Tom Moeller
|in:Economy in Brief
USA| Nov 27 2024U.S. Pending Home Sales Increase in October
- Sales are highest since March.
- Home sales strengthen across the country.
by:Tom Moeller
|in:Economy in Brief
- Confidence improves to highest level since July 2023.
- Both present situation & expectations measures increase.
- Inflation & interest rate expectations decline.
by:Tom Moeller
|in:Economy in Brief
USA| Nov 26 2024U.S. FHFA House Prices Strengthen in September
- Monthly rise is largest since February; y/y gain eases.
- Annual increases pick up in all but two of nine regions.
by:Tom Moeller
|in:Economy in Brief
- General business activity index has been rising since 2023 low.
- Production deteriorates, shipments decline, but hiring improves.
- Price reading is slightly higher but wages & benefits strength diminishes.
- Future business index moves up to highest point in three years.
by:Tom Moeller
|in:Economy in Brief
USA| Nov 25 2024Chicago Fed National Activity Index Declines Again in October
- Broad-based weakening occurs in all components.
- Production & Income measure leads decline.
- Trend is deteriorating.
by:Tom Moeller
|in:Economy in Brief
USA| Nov 22 2024FIBER: Industrial Commodity Prices Weaken in Latest Four Weeks
- Tin & copper scrap prices decline sharply.
- Crude oil prices fall.
- Natural rubber prices decline sharply but plywood prices increase.
by:Tom Moeller
|in:Economy in Brief
USA| Nov 21 2024U.S. Leading Indicators Continue to Decline in October
- Component movement in leading index is mixed.
- Coincident indicators hold steady again.
- Lagging indicators are little changed.
by:Tom Moeller
|in:Economy in Brief
USA| Nov 21 2024U.S. Philadelphia Fed Manufacturing Index Weakens in November
- Current General Activity Index retraces two months’ improvement.
- New orders & shipments ease, but employment strengthens.
- Inflation indicators fall sharply.
by:Tom Moeller
|in:Economy in Brief
USA| Nov 20 2024U.S. Mortgage Applications & Interest Rates Increased Last Week
- Both purchase & refinancing loan applications rise.
- Mortgage rates move higher.
- Average loan size declines.
by:Tom Moeller
|in:Economy in Brief
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