- Gasoline prices continue to rise.
- Crude oil prices fall further.
- Natural gas prices weaken.
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| Aug 22 2023U.S. Energy Prices Are Mixed
by:Tom Moeller
|in:Economy in Brief
USA| Aug 21 2023FIBER: Industrial Commodity Prices Decline in Latest Four Weeks
- Metals & lumber prices fall sharply.
- Crude oil prices jump again.
- Textile prices edge higher.
by:Tom Moeller
|in:Economy in Brief
USA| Aug 17 2023U.S. E-Commerce Sales Increase in Q2'23
- Sales gain eases slightly y/y.
- Nonstore retail sales strong y/y.
- Furniture & clothing sales fall y/y.
by:Tom Moeller
|in:Economy in Brief
USA| Aug 17 2023Philadelphia Fed Manufacturing Index Strengthens in August; Expectations Deteriorate
- New orders & workweek surge; shipments & orders backlogs improve.
- Prices paid surge; prices received weaken.
- Expectations deteriorate.
by:Tom Moeller
|in:Economy in Brief
- Single-family starts rise but multi-family declines.
- Increase in starts is uneven across the country.
- Permits rise minimally with single-family gain.
by:Tom Moeller
|in:Economy in Brief
USA| Aug 16 2023U.S. Mortgage Applications Decline Further; Interest Rates Rise
- Purchase & refinancing applications fall.
- Effective interest rates continue to increase.
- Average loan size slips.
by:Tom Moeller
|in:Economy in Brief
- Sales of core goods are firmest in six months.
- Online buying surges again.
- Vehicle sales ease after three months of strong gains.
by:Tom Moeller
|in:Economy in Brief
USA| Aug 15 2023U.S. Home Builders Index Falls Sharply in August
- Decline reverses two months of increase.
- Buyer traffic plunges.
- Regional declines are broad-based.
by:Tom Moeller
|in:Economy in Brief
USA| Aug 15 2023U.S. Energy Prices Continue to Strengthen
- Gasoline prices edge higher.
- Crude oil prices remain on upward trend.
- Natural gas prices continue to rise.
by:Tom Moeller
|in:Economy in Brief
- Lumber & rubber prices decline.
- Metals costs weaken, notably steel scrap.
- Crude oil prices strengthen.
by:Tom Moeller
|in:Economy in Brief
USA| Aug 11 2023U.S. PPI Firms in July; Core Prices Rise Modestly
- Annual gain edges higher but remains near three-year low.
- Core goods prices hold steady; services prices strengthen.
- Energy prices hold steady but food prices strengthen.
by:Tom Moeller
|in:Economy in Brief
USA| Aug 10 2023U.S. Government Budget Deficit Deepens in July
- Year-to-date, the deficit more than doubles versus FY’22.
- Revenues continue to decline with lower individual tax receipts.
- Outlay growth is strong as Medicare & Social Security payments rise.
by:Tom Moeller
|in:Economy in Brief
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