The Mortgage Bankers Association reported that its total Mortgage Market Volume Index jumped 14.2% last week (51.4% y/y) to the highest level since June 2013. Purchase applications increased 4.3% (10.5% y/y) while refinancing [...]
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| Jul 06 2016U.S. Mortgage Loan Applications Strengthen
by:Tom Moeller
|in:Economy in Brief
Global| Jul 06 2016U.S. Petroleum Prices Ease as Natural Gas Costs Increase Again
Regular gasoline prices fell to $2.29 per gallon last week (-18.0% y/y), down from $2.40 early last month, according to the U.S. Department of Energy. Nevertheless, prices remained near the highest level since early September. Prices [...]
by:Tom Moeller
|in:Economy in Brief
Global| Jul 06 2016U.S. ISM Nonmanufacturing Index Unexpectedly Jumps to Seven-Month High
The Composite Index of Nonmanufacturing Sector Business Activity from the Institute for Supply Management (ISM) strengthened to 56.5 during June versus an unrevised 52.9 in May. It was the highest level since November. Consensus [...]
by:Tom Moeller
|in:Economy in Brief
Global| Jul 06 2016U.S. Trade Deficit Deepens as Exports Ease and Imports Jump
The U.S. trade deficit in goods and services widened to $41.1 billion in May from an unrevised $37.4 billion in April. The Action Economics Forecast Survey had expected a $40.0 billion deficit. The latest figure was the deepest in [...]
by:Tom Moeller
|in:Economy in Brief
Global| Jul 05 2016U.S. Factory Orders Backpedal in May
New orders to manufacturers declined 1.0% (-0.2% y/y) during May following a little-revised 1.8% April gain. A 0.9% decline had been expected in the Action Economics Forecast Survey. Durable goods orders fell 2.3%, which was roughly [...]
by:Tom Moeller
|in:Economy in Brief
Global| Jul 01 2016U.S. Light Vehicle Sales Ease
Total sales of light vehicles during June declined 4.5% versus May (-2.0% y/y) to 16.66 million units (SAAR), the lowest level in three months. Auto sales fell 5.0% to 6.76 million units (-11.2% y/y). The decline reflected a 4.1% fall [...]
by:Tom Moeller
|in:Economy in Brief
Global| Jul 01 2016U.S. Construction Activity Declines Again
The value of construction put-in-place declined 0.8% (+2.8% y/y) during May following a 2.0% April drop, revised from -1.8%. A 0.7% increase was expected in the Action Economics Forecast Survey. Data back to 2014 were revised. [...]
by:Tom Moeller
|in:Economy in Brief
Global| Jul 01 2016ISM Manufacturing Index Strengthens to 16-Month High
Factory sector activity continues to firm following last year's weakness. The ISM Composite Index of manufacturing activity increased to 53.2 during June following an unrevised May gain to 51.3. The latest level was the highest since [...]
by:Tom Moeller
|in:Economy in Brief
Global| Jun 30 2016Chicago Purchasing Managers Index Recovers Sharply
Chicago purchasing managers reported that their Business Barometer surged to 56.8 this month following a May decline to 49.3. The figure was at the highest level since January 2015, and exceeded expectations for 50.4 in the Action [...]
by:Tom Moeller
|in:Economy in Brief
Global| Jun 30 2016Chicago Purchasing Managers Index Recovers Sharply
Chicago purchasing managers reported that their Business Barometer surged to 56.8 this month following a May decline to 49.3. The figure was at the highest level since January 2015, and exceeded expectations for 50.4 in the Action [...]
by:Tom Moeller
|in:Economy in Brief
Global| Jun 30 2016U.S. Initial Claims for Unemployment Insurance Rise
Initial jobless insurance claims increased to 268,000 (-4.3% y/y) during the week ended June 25 from 258,000 in the prior week, revised from 259,000. The Action Economics Forecast Survey expected 270,000 claims. The four-week moving [...]
by:Tom Moeller
|in:Economy in Brief
Global| Jun 29 2016U.S. Mortgage Loan Applications Decline
The Mortgage Bankers Association reported that its total Mortgage Market Volume Index declined 2.6% last week (+38.7% y/y) and reversed the prior week's rise. Purchase applications fell 3.0% (+12.9% y/y) while refinancing applications [...]
by:Tom Moeller
|in:Economy in Brief
- of1081Go to 351 page

