• Confidence holds at fourteen-month high. • Improvement in current conditions contrasts with lower expectations. • Job market indexes continue to firm. Consumer confidence remains strong. The Conference Board Consumer Confidence [...]
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
Global| May 25 2021U.S. Consumer Confidence Remains Elevated During May
by:Tom Moeller
|in:Economy in Brief
Global| May 25 2021U.S. New Home Sales Fall Sharply in April
• Sales decline reverses March increase. • Declines occur throughout most of country. • Median home prices near-record high. Sales of new single-family homes declined 5.9% (+48.3% y/y) during April to 863,000 units (SAAR) following a [...]
by:Tom Moeller
|in:Economy in Brief
Global| May 25 2021U.S. Retail Gasoline & Crude Oil Prices Ease
• Gasoline prices edge lower w/w, but remain elevated this year. • Crude oil prices decline to three-week low. • Natural gas prices ease. Retail gasoline prices eased to $3.02 per gallon (+54.1% y/y) in the week ended May 24 from [...]
by:Tom Moeller
|in:Economy in Brief
Global| May 24 2021Chicago Fed National Activity Index Weakens in April
• Overall activity abates after recovery from weather-related setbacks. • Three of four components, however, indicate positive growth. The Federal Reserve Bank of Chicago's National Activity Index fell to 0.24 in April from an [...]
by:Tom Moeller
|in:Economy in Brief
Global| May 21 2021U.S. Existing Home Sales Slide in April; Supply Remains Tight
• Existing home sales decline to lowest level in almost a year. • Inventory of unsold homes rose seasonally, but generally remains low. • Prices surge to record high. Sales of existing homes weakened during April for the third [...]
by:Tom Moeller
|in:Economy in Brief
Global| May 20 2021U.S. Leading Indicators Strengthen In April
• Leaders' improvement is broad-based. • Coincident indicators increase. • Lagging indicators suggest less economic slack. The Conference Board's Composite Index of Leading Economic Indicators strengthened 1.6% (17.0% y/y) during [...]
by:Tom Moeller
|in:Economy in Brief
Global| May 20 2021Philadelphia Fed Manufacturing Index Weakens in May
• Headline index reverses two months of increase. • Components are mixed m/m but continue to indicate expansion. • Prices paid continue to strengthen. The Federal Reserve Bank of Philadelphia's Factory Sector Business Conditions Index [...]
by:Tom Moeller
|in:Economy in Brief
Global| May 19 2021U.S. Mortgage Loan Applications Increase
• The volume of all applications remains well below January highs. • Refinancings increase, but purchase applications decline. • Mortgage interest rates edge higher. The Mortgage Bankers Association's Loan Applications Index increased [...]
by:Tom Moeller
|in:Economy in Brief
Global| May 18 2021U.S. E-Commerce Sales Increase in Q1'21
Online retail sales, more formally known as "E-Commerce sales," increased 7.7% (39.1% y/y) in Q1'21 on a seasonally adjusted basis, according to the U.S. Census Bureau, after easing 0.9% in Q4 and 1.2% in Q3. The Q1 increase in [...]
by:Tom Moeller
|in:Economy in Brief
Global| May 18 2021U.S. Housing Starts Unexpectedly Fall Sharply in April
• Single-family starts decline while multi-family starts improve. • Building permits edge higher. Housing starts declined 9.5% (+67.3% y/y) during April 1.569 million units (SAAR) from 1.733 million in March, revised from 1.739 [...]
by:Tom Moeller
|in:Economy in Brief
Global| May 17 2021U.S. Home Builder Index Holds Steady in May
• Building activity is currently slower than last autumn. • Activity is mixed regionally. The Composite Housing Market Index from the National Association of Home Builders-Wells Fargo was unchanged this month at 83, after rising [...]
by:Tom Moeller
|in:Economy in Brief
Global| May 17 2021U.S. Empire State Manufacturing Activity Remains Strong in May
• Activity index eases m/m but remains near recent highs. • New orders strengthen while employment grows modestly. • Prices paid continue to surge. The Empire State Manufacturing Index of General Business Conditions fell two points to [...]
by:Tom Moeller
|in:Economy in Brief
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