Housing starts increased 6.6% (-1.7% y/y) during April to 1.172 million (AR). The gain followed a 9.4% March decline to 1.099 million, revised from 1.089 million. Expectations were for 1.121 million starts in the Action Economics [...]
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| May 17 2016
U.S. Housing Starts Rebound
by:Tom Moeller
|in:Economy in Brief
Global| May 17 2016
U.S. CPI Strengthened by Energy Prices; Core Prices Pick Up
The Consumer Price Index strengthened 0.4% (1.1% y/y) during April following an unrevised 0.1% March rise. It was the largest increase since February 2013. The gain matched expectations in the Action Economics Forecast Survey. A 3.4% [...]
by:Tom Moeller
|in:Economy in Brief
Global| May 16 2016
U.S. Home Builders Index Is Stable
The Composite Housing Market Index from the National Association of Home Builders-Wells Fargo held at 58 during May for the fourth straight month. It remained down from the October high of 65. The NAHB figures are seasonally adjusted. [...]
by:Tom Moeller
|in:Economy in Brief
Global| May 16 2016
Empire State Factory Sector Activity Index Reverses Earlier Improvement
The Empire State Factory Index of General Business Conditions indicated deterioration in business activity during May. The New York index declined to -9.02 following unrevised positive readings in the prior two months. Nineteen [...]
by:Tom Moeller
|in:Economy in Brief
Global| May 13 2016
U.S. Producer Prices Increase Broadly
The headline Final Demand Producer Price Index increased 0.2% (0.0% y/y) in April after an unrevised 0.1% March dip. The rise compared to a 0.3% increase expected in the Action Economics Forecast Survey. A 0.3% decline (-2.0% y/y) in [...]
by:Tom Moeller
|in:Economy in Brief
Global| May 13 2016
U.S. Retail Spending Strengthens
Total retail sales & spending at restaurants increased 1.3% (3.0% y/y) during April following a 0.3% decline, unrevised from the preliminary report. The rise compared to expectations for a 0.8% improvement in the Action Economics [...]
by:Tom Moeller
|in:Economy in Brief
Global| May 12 2016
U.S. Initial Unemployment Insurance Claims Surge
The labor market is under pressure. Initial claims for unemployment insurance jumped to 294,000 (7.8% y/y) during the week ended May 7, after rising to an unrevised 274,000 in the prior week. It was the highest level of claims since [...]
by:Tom Moeller
|in:Economy in Brief
Global| May 12 2016
U.S. Import Prices Continue to Increase; Nonoil Prices Rise
Import prices increased 0.3% during April (-5.7% y/y) following a 0.3% March rise, revised from 0.2%. The increase was softer than the 0.6% gain expected in the Action Economics Forecast Survey. These figures are not seasonally [...]
by:Tom Moeller
|in:Economy in Brief
Global| May 11 2016
U.S. Budget Surplus Shrinks
The U.S. Treasury Department reported a $106.5 billion budget surplus during April of 2016, smaller than the $156.7 billion surplus twelve months earlier. A $112.5 billion deficit had been expected in the Action Economics Forecast [...]
by:Tom Moeller
|in:Economy in Brief
Global| May 11 2016
U.S. Mortgage Loan Applications Are Little Changed; Financing Rates Ease
The Mortgage Bankers Association reported that its total Mortgage Market Volume Index nudged 0.4% higher last week (18.9% y/y) following a 3.4% decline. Purchase applications also improved 0.4% (14.0% y/y) after little change in the [...]
by:Tom Moeller
|in:Economy in Brief
Global| May 10 2016
U.S. Wholesale Inventories Remain Little Changed
Inventories at the wholesale level nudged 0.1% higher (0.2% y/y) during March following a 0.6% decline in February, revised from -0.5%. Nondurable goods sector inventories rose 0.5% (4.6% y/y) as petroleum inventories increased 3.3% [...]
by:Tom Moeller
|in:Economy in Brief
Global| May 10 2016
U.S. JOLTS: Job Openings Rate Strengthens, But Hires Ease
The job openings rate increased to 3.9% during March from 3.8% in February, revised from 3.7%. The increase was to a level which equaled the record high. The private sector job openings rate held steady m/m at 4.1%, slightly below the [...]
by:Tom Moeller
|in:Economy in Brief
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