The U.S. economy grew 2.1% (SAAR) during the fourth quarter of 2019. That roughly equaled the growth during the prior two periods and left it at 2.3% for all of 2019. It was the weakest quarterly rate of growth since 2016 and met 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| Jan 30 2020
U.S. GDP Growth Remains Moderate; Domestic Demand Weakens
by:Tom Moeller
|in:Economy in Brief
Global| Jan 30 2020
U.S. GDP Growth Remains Moderate; Domestic Demand Weakens
The U.S. economy grew 2.1% (SAAR) during the fourth quarter of 2019. That roughly equaled the growth during the prior two periods and left it at 2.3% for all of 2019. It was the weakest quarterly rate of growth since 2016 and met the [...]
by:Tom Moeller
|in:Economy in Brief
Global| Jan 29 2020
FOMC Leaves Rates Unchanged
The Federal Reserve kept the target range for the Federal funds rate at 1.50%-to-1.75% at today's FOMC meeting. The lack of action was expected in the Action Economics Forecast Survey. The decision was unanimous amongst FOMC voters. [...]
by:Tom Moeller
|in:Economy in Brief
Global| Jan 29 2020
U.S. Pending Home Sales Decline Throughout the Country
U.S. pending home sales fell 4.9% (+4.6% y/y) during December, according to the National Association of Realtors (NAR). The shortfall was the second in the last three months. During all of 2019, the average index level of 105.7 was [...]
by:Tom Moeller
|in:Economy in Brief
Global| Jan 29 2020
U.S. Mortgage Applications Surge as Interest Rates Ease
The Mortgage Bankers Association reported that its Mortgage Loan Index increased 7.2% during the week of January 24 following a 1.2% dip in the prior week. Applications were two-thirds higher than one year earlier. Applications to [...]
by:Tom Moeller
|in:Economy in Brief
Global| Jan 24 2020
Kansas City Fed Factory Index Moves Toward Breakeven; Expectations Rise
The Federal Reserve Bank of Kansas City reported that its index of regional manufacturing business activity improved to -1 in January following December's sharp deterioration to -5. These negative readings still indicate declining [...]
by:Tom Moeller
|in:Economy in Brief
Global| Jan 23 2020
U.S. Initial Unemployment Insurance Claims Rise; Total Claimant Level Falls
Initial claims for unemployment insurance increased 6,000 to 211,000 during the week ended January 18. Claims were unchanged y/y. The previous week's figure was revised to 205,000, from 204,000. The Action Economics Forecast Survey [...]
by:Tom Moeller
|in:Economy in Brief
Global| Jan 23 2020
U.S. Leading Economic Indicators Index Eases
The Conference Board's Composite Index of Leading Economic Indicators declined 0.3% during December following a 0.1% November uptick, revised from no change. It was the fourth decline in five months. During all of 2019, the leading [...]
by:Tom Moeller
|in:Economy in Brief
Global| Jan 23 2020
U.S. Leading Economic Indicators Index Eases
The Conference Board's Composite Index of Leading Economic Indicators declined 0.3% during December following a 0.1% November uptick, revised from no change. It was the fourth decline in five months. During all of 2019, the leading [...]
by:Tom Moeller
|in:Economy in Brief
Global| Jan 23 2020
U.S. Initial Unemployment Insurance Claims Rise; Total Claimant Level Falls
Initial claims for unemployment insurance increased 6,000 to 211,000 during the week ended January 18. Claims were unchanged y/y. The previous week's figure was revised to 205,000, from 204,000. The Action Economics Forecast Survey [...]
by:Tom Moeller
|in:Economy in Brief
Global| Jan 22 2020
U.S. Existing Home Sales & Prices Strengthen
The National Association of Realtors (NAR) reported that sales of existing homes during December increased 3.6% (10.8% y/y) to 5.540 million (SAAR) after falling to an unrevised 5.350 million in November. During all of 2019, existing [...]
by:Tom Moeller
|in:Economy in Brief
Global| Jan 22 2020
U.S. FHFA House Price Index Increases Moderately
The Federal Housing Finance Agency (FHFA) Price Index increased 0.2% during November following a 0.4% October gain, revised from 0.2%. The 4.9% y/y increase moderated versus the 6.6% increase for all of 2018. During the last three [...]
by:Tom Moeller
|in:Economy in Brief
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