- Deficit is smallest in nine months.
- Exports rise slightly, while imports decline sharply.
- Petroleum imports rise but crude oil prices fall.
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| Sep 07 2022
U.S. Foreign Trade Deficit Shrinks in July
by:Tom Moeller
|in:Economy in Brief
- USA| Sep 06 2022
U.S. ISM Services Index Improves Slightly in August
- Business activity, new orders & employment move up.
- Employment and supplier delivery speeds ease.
- Prices weaken again.
by:Tom Moeller
|in:Economy in Brief
- Payroll employment rises by 315,000 workers.
- Monthly wage gain is slowest in four months.
- Unemployment rate moves up to 3.7%.
by:Tom Moeller
|in:Economy in Brief
- USA| Sep 01 2022
U.S. ISM Manufacturing Index Holds Steady in August
- Composite index remains well below 2021 peak.
- New orders & employment improve, but production declines.
- Price index plunges.
by:Tom Moeller
|in:Economy in Brief
- USA| Sep 01 2022
U.S. Light Vehicle Sales Ease During August
- Light truck purchases slip, but auto sales improve.
- Imports' share strengthens.
- Sales remain constrained as parts shortages limit production.
by:Tom Moeller
|in:Economy in Brief
- USA| Aug 31 2022
U.S. Chicago Business Barometer Is Little Changed in August
- Production & new orders improve moderately; inventories surge.
- Employment weakens & supplier delivery speeds quicken.
- Price index holds steady.
by:Tom Moeller
|in:Economy in Brief
- Gasoline prices decline again.
- Crude oil prices also continue to fall.
- Natural gas prices strengthen further.
by:Tom Moeller
|in:Economy in Brief
- USA| Aug 23 2022
U.S. New Home Sales Plunge as Prices Rise in July
- Home sales fall to lowest level since January 2016.
- Sales decline in most of country.
- Median sales price increase reverses June decline.
by:Tom Moeller
|in:Economy in Brief
- USA| Aug 22 2022
Chicago Fed Nat'l Activity Index Turns Positive in July
- Each of the four components rise.
- Three-month average remains negative.
by:Tom Moeller
|in:Economy in Brief
- USA| Aug 19 2022
U.S. E-Commerce Sales Strengthen in Q2'22
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Sales improve for third straight quarter.
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Increase in sales is broad-based.
by:Tom Moeller
|in:Economy in Brief
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- USA| Aug 18 2022
U.S. Existing Home Sales Continue to Fall in July
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Sales are lowest in over two years.
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Declines are broad-based regionally.
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Home price decline is first in six months.
by:Tom Moeller
|in:Economy in Brief
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- USA| Aug 17 2022
U.S. Retail Sales Hold Steady in July; Nonauto Sales Rise
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Sales post weakest result since December.
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Lower auto & gasoline sales hold back total.
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Nonauto sales generally improve.
by:Tom Moeller
|in:Economy in Brief
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