The Mortgage Bankers Association reported that its Mortgage Loan Application Index rose 7.3% (67.9% y/y) in the week ended April 10 after the prior week's 17.9% decline. Applications for refinancing increased 10.1% w/w (192.0% y/y) [...]
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| Apr 15 2020
U.S. Mortgage Applications Increase; Interest Rates Are Little Changed
by:Tom Moeller
|in:Economy in Brief
Global| Apr 15 2020
U.S. Retail Sales Record Plunge, Weighed Down by Coronavirus Shutdowns
• Consumers stay home and do without most new products. • Apparel & furniture sales are notably hard hit. Total retail sales including food service establishments plunged 8.7% (-6.2% y/y) during March after weakening 0.4% in February, [...]
by:Tom Moeller
|in:Economy in Brief
Global| Apr 15 2020
U.S. Retail Sales Record Plunge, Weighed Down by Coronavirus Shutdowns
• Consumers stay home and do without most new products. • Apparel & furniture sales are notably hard hit. Total retail sales including food service establishments plunged 8.7% (-6.2% y/y) during March after weakening 0.4% in February, [...]
by:Tom Moeller
|in:Economy in Brief
Global| Apr 15 2020
U.S. Retail Sales Record Plunge, Weighed Down by Coronavirus Shutdowns
• Consumers stay home and do without most new products. • Apparel & furniture sales are notably hard hit. Total retail sales including food service establishments plunged 8.7% (-6.2% y/y) during March after weakening 0.4% in February, [...]
by:Tom Moeller
|in:Economy in Brief
Global| Apr 15 2020
U.S. Mortgage Applications Increase; Interest Rates are Little Changed
The Mortgage Bankers Association reported that its Mortgage Loan Application Index rose 7.3% (67.9% y/y) in the week ended April 10 after the prior week's 17.9% decline. Applications for refinancing increased 10.1% w/w (192.0% y/y) [...]
by:Tom Moeller
|in:Economy in Brief
Global| Apr 14 2020
U.S. Small Businesses Become Pessimistic
• • The National Federation of Independent Business (NFIB) indicated that its Small Business Optimism Index plummeted 7.8% (-5.3% y/y) to 96.4 during March........... The NFIB figures can be found in Haver's SURVEYS database. National [...]
by:Tom Moeller
|in:Economy in Brief
Global| Apr 14 2020
U.S. Import and Export Prices Continue to Decline
• Lower oil prices drag costs lower. • Prices for other goods weaken. Import prices weakened 2.3% (-4.1% y/y) during March after falling 0.7% in February, revised from -0.5%. A 3.0% decline had been expected in the Action Economics [...]
by:Tom Moeller
|in:Economy in Brief
Global| Apr 14 2020
U.S. Small Businesses Become Pessimistic
• Economic worries develop. • Pricing power weakens. The National Federation of Independent Business (NFIB) indicated that its Small Business Optimism Index plummeted 7.8% (-5.3% y/y) to 96.4 during March, the lowest level since [...]
by:Tom Moeller
|in:Economy in Brief
Global| Apr 14 2020
U.S. Energy Prices Are Mixed
• Crude oil prices improved last week, but a sideways trend persists. • A supply/demand imbalance for petroleum intensifies. The price of West Texas Intermediate crude oil increased to $24.40 per barrel last week from an average [...]
by:Tom Moeller
|in:Economy in Brief
Global| Apr 14 2020
U.S. Energy Prices Are Mixed
• Crude oil prices improved last week, but a sideways trend persists. • A supply/demand imbalance for petroleum intensifies. The price of West Texas Intermediate crude oil increased to $24.40 per barrel last week from an average [...]
by:Tom Moeller
|in:Economy in Brief
Global| Apr 14 2020
U.S. Small Businesses Become Pessimistic
The National Federation of Independent Business (NFIB) indicated that its Small Business Optimism Index plummeted 7.8% (-5.3% y/y) to 96.4 during March, the lowest level since October 2016. Almost all of the readings in the survey [...]
by:Tom Moeller
|in:Economy in Brief
Global| Apr 14 2020
U.S. Small Businesses Become Pessimistic
The National Federation of Independent Business (NFIB) indicated that its Small Business Optimism Index plummeted 7.8% (-5.3% y/y) to 96.4 during March, the lowest level since October 2016. Almost all of the readings in the survey [...]
by:Tom Moeller
|in:Economy in Brief
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