Sales of new single-family homes increased 7.9% (18.6% y/y) during January to 764,000 units (SAAR), the highest level since July 2007. Sales increased from 708,000 in December, revised from 694,000. Figures for 2019 were revised. The [...]
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| Feb 26 2020
U.S. New Home Sales Jump to 2007 High; Prices Reach Record
by:Tom Moeller
|in:Economy in Brief
Global| Feb 26 2020
U.S. Mortgage Applications Increase as Rates Ease
The Mortgage Bankers Association reported that its Mortgage Loan Application Index rose 1.5% (70.2% y/y) during the week ending February 21 following a 6.4% decline in the previous week. Purchase applications rebounded 5.7% (10.6% [...]
by:Tom Moeller
|in:Economy in Brief
Global| Feb 25 2020
U.S. Consumer Confidence Firms as Expectations Improve
The Conference Board's Consumer Confidence Index rose 0.2% (-0.5% y/y) during February to an index level of 130.7 (1985=100). The rise followed a 1.7% January increase, revised from 2.7%. An increase to 132.5 had been expected in the [...]
by:Tom Moeller
|in:Economy in Brief
Global| Feb 25 2020
U.S. FHFA House Price Index Strengthens
The Federal Housing Finance Agency (FHFA) Price Index increased 0.6% during December following a 0.3% November gain, revised from 0.2% and a 0.3% increase in October. Prices rose 5.3% during all of 2019, the weakest increase since [...]
by:Tom Moeller
|in:Economy in Brief
Global| Feb 25 2020
U.S. Energy Product Prices Edge Higher
Retail gasoline prices increased to $2.47 per gallon (3.2% y/y) in the week ended February 24 from $2.43 per gallon in the previous week. Despite increases during the latest two weeks, prices remained below an early-May peak of $2.90 [...]
by:Tom Moeller
|in:Economy in Brief
Global| Feb 24 2020
Texas Factory Activity Improvement Led by Production
The Federal Reserve Bank of Dallas reported in its Texas Manufacturing Outlook Survey that the General Business Activity Index increased to 1.2 this month from -0.2 in January. The figure is a diffusion index with readings above zero [...]
by:Tom Moeller
|in:Economy in Brief
Global| Feb 24 2020
Chicago Fed National Activity Index Suggests Improved Growth
The Federal Reserve Bank of Chicago indicated that its National Activity Index (CFNAI) rose to -0.25 during January from -0.51 in December. The three-month moving average of the index gained to -0.09, the highest level since August. [...]
by:Tom Moeller
|in:Economy in Brief
Global| Feb 21 2020
U.S. Existing Home Sales & Prices Decline
The National Association of Realtors (NAR) reported that sales of existing homes during January fell 1.3% (+9.6 y/y) to 5.460 million (SAAR) from 5.530 million in December, revised from 5.540 million. The Action Economics Forecast [...]
by:Tom Moeller
|in:Economy in Brief
Global| Feb 20 2020
U.S. Leading Economic Indicators Show Surprising Improvement
The Conference Board's Composite Index of Leading Economic Indicators strengthened 0.8% during January following an unrevised 0.3% December decline. It was the largest increase since October 2017. The latest reading compared to a 0.4% [...]
by:Tom Moeller
|in:Economy in Brief
Global| Feb 20 2020
Philadelphia Fed Manufacturing Index Surges Unexpectedly
The Federal Reserve Bank of Philadelphia reported that its General Factory Sector Business Conditions Index improved to 36.7 during February from January's 17.0. It was the highest level in three years. An index of 10.2 had been [...]
by:Tom Moeller
|in:Economy in Brief
Global| Feb 19 2020
U.S. Energy Product Prices Edge Higher
Retail gasoline prices rose to $2.43 per gallon (4.8% y/y) in the week ended February 17 from $2.42 per gallon in the previous week. This followed five consecutive weeks of decline and the price compared to an early-May peak of $2.90 [...]
by:Tom Moeller
|in:Economy in Brief
Global| Feb 19 2020
E-Commerce Sales Strengthen
The U.S. Commerce Department reported that during the fourth quarter of last year, retail sales via the internet (E-Commerce) increased 2.6% (SA) from Q3. The gain followed a 4.6% Q3 rise, and was the weakest increase since Q4'18. [...]
by:Tom Moeller
|in:Economy in Brief
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