- Light truck sales edge higher while passenger car sales decline.
- Imports' market share increases.
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| Nov 02 2023U.S. Light Vehicle Sales Dip in October
by:Tom Moeller
|in:Economy in Brief
USA| Nov 01 2023FOMC Holds Funds Rate Steady as Expected
- Federal funds rate range remains at 5.25% - 5.50%.
- Rate stays at highest level since March 2001.
- Fed keeps focus on inflation reduction.
by:Tom Moeller
|in:Economy in Brief
USA| Nov 01 2023ADP Employment Rise Disappoints in October
- Job growth improves marginally versus modest September advance.
- Factory & construction jobs rise minimally; service gain is subdued.
- Pay gains moderate further.
by:Tom Moeller
|in:Economy in Brief
USA| Nov 01 2023U.S. ISM Manufacturing PMI Falls Sharply in October
- Weakening follows two months of improvement.
- Declines are widespread.
- Prices index improves.
by:Tom Moeller
|in:Economy in Brief
USA| Oct 31 2023U.S. Consumer Confidence Declines in October
- Expectations & present conditions readings decline.
- Inflation expectations edge higher.
- Business, employment & income expectations are mixed.
by:Tom Moeller
|in:Economy in Brief
USA| Oct 31 2023U.S. FHFA House Price Index Strengthens in August
- Price gain moderates m/m but accelerates y/y.
- House prices move up m/m in all but one region.
by:Tom Moeller
|in:Economy in Brief
USA| Oct 31 2023U.S. Gasoline & Crude Oil Prices Fall
- Gasoline & diesel fuel prices move lower.
- Crude oil prices fall to eight-week low.
- Natural gas prices are little-changed.
by:Tom Moeller
|in:Economy in Brief
- General business activity index negative for more than a year.
- Production remains positive, but new orders growth & employment gains ease.
- Price & wage indexes weaken.
by:Tom Moeller
|in:Economy in Brief
USA| Oct 27 2023U.S. PCE Price Index Remains Firm in September; Personal Spending Improves & Income Gain Steadies
- Core prices accelerate.
- Personal spending growth picks up.
- Income growth is steady.
by:Tom Moeller
|in:Economy in Brief
USA| Oct 26 2023U.S. GDP Growth Firms in Q3; Price Index Strengthens
- Growth is broad-based amongst categories, except business investment.
- Rise in consumer & government spending is notable.
- Price index growth rebounds.
by:Tom Moeller
|in:Economy in Brief
USA| Oct 26 2023U.S. Pending Home Sales Rise in September
- Increase fails to recover prior month’s decline.
- Changes are mixed amongst regions.
by:Tom Moeller
|in:Economy in Brief
USA| Oct 25 2023U.S. New Home Sales Rise as Prices Drop in September
- Sales continue recent uptrend.
- Median sales price falls to three-month low; down sharply y/y.
- Everywhere in the country, sales move up.
by:Tom Moeller
|in:Economy in Brief
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