Sales of new single-family homes increased 12.4% (31.3% y/y) to 654,000 (SAAR) during July from 582,000 in June, revised from 592,000. It was the highest level of sales since October 2007. Sales of 580,000 had been expected in 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| Aug 23 2016
U.S. New Home Sales Surge While Prices Ease
by:Tom Moeller
|in:Economy in Brief
Global| Aug 23 2016
Philadelphia Fed Index of Nonmanufacturing Business Activity Steadies Below Earlier Highs
The Federal Reserve Bank of Philadelphia reported that its August Index of Nonmanufacturing Sector Activity at the company level remained stable. The index level of 19.5 has been little changed for six months. It remains down sharply, [...]
by:Tom Moeller
|in:Economy in Brief
Global| Aug 22 2016
Chicago Fed National Activity Index Firms
The National Activity Index from the Federal Reserve Bank of Chicago increased to 0.27 during July from 0.05 in June, revised from 0.16. It was the strongest reading in twelve months. The three-month moving average improved to -0.10, [...]
by:Tom Moeller
|in:Economy in Brief
Global| Aug 19 2016
FIBER: Industrial Commodity Prices Improve
Prices in the industrial sector are drawing support from the improvement in factory sector activity. Since December, manufacturing sector production has risen 0.6% following last year's 0.3% decline from December-to-December. That [...]
by:Tom Moeller
|in:Economy in Brief
Global| Aug 19 2016
FIBER: Industrial Commodity Prices Improve
Prices in the industrial sector are drawing support from the improvement in factory sector activity. Since December, manufacturing sector production has risen 0.6% following last year's 0.3% decline from December-to-December. That [...]
by:Tom Moeller
|in:Economy in Brief
Global| Aug 19 2016
FIBER: Industrial Commodity Prices Strengthen
Prices in the industrial sector are drawing support from the improvement in factory sector activity. Through July, manufacturing sector production has risen 0.6% following last year's 0.3% decline from December-to-December. [...]
by:Tom Moeller
|in:Economy in Brief
Global| Aug 18 2016
U.S. Leading Economic Indicators Rise
The Conference Board's Composite Index of Leading Economic Indicators increased 0.4% during July (1.2% y/y) following an unrevised 0.3% June gain. It was the third rise in the last four months. Expectations had been for a 0.3% [...]
by:Tom Moeller
|in:Economy in Brief
Global| Aug 18 2016
Philadelphia Fed Business Conditions Survey Recovers
The Philadelphia Federal Reserve reported that its General Factory Sector Business Conditions Index improved in August to 2.0 from an unrevised -2.9 in July. This latest positive reading compares with negative figures throughout most [...]
by:Tom Moeller
|in:Economy in Brief
Global| Aug 18 2016
U.S. Initial Claims for Unemployment Insurance Decline
The labor market remains firm. Initial unemployment insurance claims fell to 262,000 (-5.8% y/y) during the week ended August 13 following unrevised claims of 266,000 in the prior week. Claims remained near the lowest level since [...]
by:Tom Moeller
|in:Economy in Brief
Global| Aug 17 2016
U.S. Mortgage Loan Applications Fall
The Mortgage Bankers Association reported that its total Mortgage Market Volume Index declined 4.0% (+31.5% y/y) last week following a 7.1% rise. Purchase applications fell 3.9% (+9.6% y/y), and have been declining steadily since [...]
by:Tom Moeller
|in:Economy in Brief
Global| Aug 16 2016
U.S. Industrial Production Increase Is Broad-Based
Industrial output increased 0.7% during July (-0.5% y/y) following a 0.4% June gain, revised from 0.6%. A 0.3% rise in output had been expected in the Action Economics Forecast Survey. Factory sector production rose 0.5% last month [...]
by:Tom Moeller
|in:Economy in Brief
Global| Aug 16 2016
U.S. Petroleum Prices Firm
Regular gasoline prices remained steady last week and averaged $2.15 per gallon (-20.9% y/y). Prices were 25 cents lower than early-June, according to the U.S. Department of Energy. Prices were down versus a 2014 high of $3.71 per [...]
by:Tom Moeller
|in:Economy in Brief
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