• Applications bounce back after prior week's decline. • Mortgage rates edge higher. The Mortgage Bankers Association Mortgage Loan Applications Index increased 6.8% (57.8% y/y) in the week ended September 18 after declines in four of [...]
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| Sep 23 2020Mortgage Loan Applications Surge As Refinancing Strengthens
by:Tom Moeller
|in:Economy in Brief
- Global| Sep 22 2020
U.S. Existing Home Sales & Prices Strengthen in August
• Existing home sales improved last month to highest level since December 2006. • Sales strength continued to reflect gains across the nation. • Pricing power increased. The housing market remains on a firm footing. The National [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Sep 22 2020
U.S. Energy Prices Are Mixed
• Crude oil prices recover part of recent decline. • Gasoline prices edge lower. • Natural gas prices tumble. The price for a barrel of West Texas Intermediate crude oil recovered to an average of $39.55 per barrel (-33.3% y/y) in the [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Sep 21 2020
Chicago Fed National Activity Index Declines in August
• Index reverses three months of improvement. • Component weakening is widespread. Economic growth is settling onto a moderate growth track after initially recovering from the recession. The Federal Reserve Bank of Chicago's National [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Sep 21 2020
Chicago Fed National Activity Index Declines in August
• Index reverses three months of improvement. • Component weakening is widespread. Economic growth is settling onto a moderate growth track after initially recovering from the recession. The Federal Reserve Bank of Chicago's National [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Sep 21 2020
Chicago Fed National Activity Index Declines in August
• Index reverses three months of improvement. • Component weakening is widespread. Economic growth is settling onto a moderate growth track after initially recovering from the recession. The Federal Reserve Bank of Chicago's National [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Sep 21 2020
Chicago Fed National Activity Index Declines in August
• Index reverses three months of improvement. • Component weakening is widespread. Economic growth is settling onto a moderate growth track after initially recovering from the recession. The Federal Reserve Bank of Chicago's National [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Sep 18 2020
U.S. Leading Indicators Increase Continues to Decelerate
• Component gains are mixed. • Coincident indicators' improvement moderates. • Lagging indicators continue to indicate less economic stress. The Conference Board reported that its Composite Index of Leading Economic Indicators [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Sep 18 2020
U.S. Leading Indicators Increase Continues to Decelerate
• Component gains are mixed. • Coincident indicators' improvement moderates. • Lagging indicators continue to indicate less economic stress. The Conference Board reported that its Composite Index of Leading Economic Indicators [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Sep 18 2020
U.S. Leading Indicators Increase Continues to Decelerate
• Component gains are mixed. • Coincident indicators' improvement moderates. • Lagging indicators continue to indicate less economic stress. The Conference Board reported that its Composite Index of Leading Economic Indicators [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Sep 18 2020
U.S. Current Account Deficit Deepens Significantly in Q2
• Current account deficit grows as exports & imports decline. • Goods & services balances both deteriorate. The U.S. current account deficit grew to $170.5 billion in Q2 2020 from $111.5 billion in Q1, revised from $104.2 billion. The [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Sep 18 2020
U.S. Current Account Deficit Deepens Significantly in Q2
• Current account deficit grows as exports & imports decline. • Goods & services balances both deteriorate. The U.S. current account deficit grew to $170.5 billion in Q2 2020 from $111.5 billion in Q1, revised from $104.2 billion. The [...]
by:Tom Moeller
|in:Economy in Brief
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