During all of 2016, sales of existing homes increased 3.8% to 5.452 million, the highest level since 2006, when sales reached 6.478 million. During December alone, however, sales eased 2.8% (+0.7% y/y) to 5.490 million units (AR) from [...]
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 24 2017U.S. Existing Home Sales and Prices Fall in December; 2016 Sales Reach 10-Year High
by:Tom Moeller
|in:Economy in Brief
Global| Jan 24 2017U.S. Gasoline Prices Slip
Regular gasoline prices dipped to $2.33 per gallon (+25.3% y/y) last week following a slip to $2.36 per gallon in the prior week. Prices peaked at $2.39 earlier in the month, and remained down from a 2014 high of $3.71 per gallon. [...]
by:Tom Moeller
|in:Economy in Brief
Global| Jan 20 2017U.S. Growth Slowdown Was Broad-Based; Recent Improvement Led by Business
The concept of Net Domestic Product used in the following report can be extrapolated from the GDP accounts by taking into consideration the loss of value of assets (depreciation) due to aging and normal use. Over the last 50 years, [...]
by:Tom Moeller
|in:Economy in Brief
Global| Jan 19 2017Philadelphia Fed Factory Business Outlook Survey Improves
The Philadelphia Federal Reserve reported that its General Factory Sector Business Conditions Index rose to 23.6 during January from December's 19.7. It was the highest level since November 2014. The latest monthly reading compared to [...]
by:Tom Moeller
|in:Economy in Brief
Global| Jan 19 2017U.S. Initial Unemployment Claims Fall Sharply
Initial unemployment insurance filings declined to 234,000 during the week ended January 14 from 249,000 in the prior week, revised from 247,000. Expectations in the Action Economics Forecast Survey called for 252,000 claims. The [...]
by:Tom Moeller
|in:Economy in Brief
Global| Jan 19 2017U.S. Housing Starts Reach 2007 High
The housing market exhibited firm growth in 2016. Overall housing starts increased to 1.168 million, the highest level since 2007. The gain was paced by a rise in single-family starts to 783,000. Multi-family starts rose to 385,000. [...]
by:Tom Moeller
|in:Economy in Brief
Global| Jan 18 2017U.S. Energy Prices Ease
Energy prices notched lower last week. Regular gasoline prices slipped to $2.36 per gallon (+23.2% y/y) from $2.39 per gallon in the prior week. Haver Analytics constructs factors adjusting for the seasonal variation in these pump [...]
by:Tom Moeller
|in:Economy in Brief
Global| Jan 18 2017U.S. Mortgage Loan Applications Rise
The Mortgage Bankers Association reported that its total Mortgage Market Volume Index improved 0.8% last week (-12.0% y/y) following a 5.8% jump during the week prior. Purchase applications declined 5.2% (+0.9% y/y) while refinancing [...]
by:Tom Moeller
|in:Economy in Brief
Global| Jan 18 2017U.S. Home Builders Index Eases
The Composite Housing Market Index from the National Association of Home Builders-Wells Fargo fell to 67 during January (+9.8% y/y) following a revised jump to 69 in December, initially reported as 70. It remained near the highest [...]
by:Tom Moeller
|in:Economy in Brief
Global| Jan 18 2017U.S. Industrial Production Rebounds
During all of 2016, industrial production improved 0.5%. In December alone, industrial output increased 0.8% following a 0.7% November decline, revised from -0.4%. The latest reading exceeded expectations for a 0.6% increase in the [...]
by:Tom Moeller
|in:Economy in Brief
Global| Jan 18 2017U.S. CPI Registers Faster Growth in 2016
The Consumer Price Index during all of 2016 increased 2.1% from December-to-December, the quickest y/y gain since June 2014. The 2.2% advance in prices excluding food & energy compared to a 2.1% rise in 2015. During December alone, [...]
by:Tom Moeller
|in:Economy in Brief
Global| Jan 17 2017Empire State Survey Remains Positive; Prices Surge
The Empire State Manufacturing Index of General Business Conditions for January continued to suggest positive economic conditions, though it eased to 6.5 in January from 7.6 in December. It was the third straight positive reading [...]
by:Tom Moeller
|in:Economy in Brief
- of1081Go to 323 page

