- Gasoline prices are unchanged.
- Crude oil prices fall but natural gas increases.
- Petroleum demand rises for especially crude oil and gasoline.
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| May 23 2023
U.S. Energy Prices Are Mixed in Latest Week
by:Tom Moeller
|in:Economy in Brief
- USA| May 22 2023
NABE Economic Forecasts for 2023 & 2024 Are Little Changed
- Consumer spending projected to be slow & steady this year and next.
- Housing activity weakens then rebounds.
- Price inflation will decelerate next year.
by:Tom Moeller
|in:Economy in Brief
- USA| May 19 2023
U.S. Leading Economic Indicators Decline Again in April
- Leading index continues yearlong decline.
- Coincident indicators rise again.
- Lagging indicators edge lower.
by:Tom Moeller
|in:Economy in Brief
- USA| May 19 2023
U.S. E-Commerce Sales Strengthen in Q1'23
- Sales pick up following Q4 lethargy.
- Nonstore retail sales firm.
- Most other categories weaken y/y.
by:Tom Moeller
|in:Economy in Brief
- USA| May 18 2023
U.S. Existing Home Sales Decline in April
- Sales fall to three-month low.
- Decline occurs throughout country.
- Home prices continue to rebound from January low.
by:Tom Moeller
|in:Economy in Brief
- USA| May 18 2023
U.S. Initial Unemployment Insurance Claims Reverse Earlier Gain
- Upward trend remains in place.
- Continuing claims move lower.
- Insured unemployment rate remains at 5-month low.
by:Tom Moeller
|in:Economy in Brief
- USA| May 17 2023
Mortgage Loan Applications Fall Sharply
- Mortgage applications remain near cycle low.
- Effective interest rate increases to two-month high.
- Average loan size declines.
by:Tom Moeller
|in:Economy in Brief
- USA| May 17 2023
U.S. Housing Starts Rise in April
- Gain in multi-family starts outpaces single-family advance.
- Starts are mixed across the country.
- Decline in building permits dominated by multi-family.
by:Tom Moeller
|in:Economy in Brief
- USA| May 16 2023
U.S. Industrial Production Increases in April
- Gain is first in three months.
- Increases are broad-based.
- Capacity utilization is highest in five months.
by:Tom Moeller
|in:Economy in Brief
- USA| May 16 2023
U.S. Retail Sales Disappoint in April
- Spending is uneven across categories.
- Core goods recover earlier loss.
- Online sales strengthen, but furniture & appliances sales slide.
by:Tom Moeller
|in:Economy in Brief
- USA| May 15 2023
Empire State Factory Index Plunges in May
- Index weakens to lowest level in four months.
- Component declines are widespread.
- Prices index falls sharply.
- Expectations improve again.
by:Tom Moeller
|in:Economy in Brief
- USA| May 12 2023
U.S. Import and Export Prices Improve in April
- Driven by fuel costs, import prices rise for first time in four months.
- Excluding fuels, import prices hold steady, but y/y decline accelerates.
- Export prices also firm unexpectedly with broad-based gains.
by:Tom Moeller
|in:Economy in Brief
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