The Conference Board's Consumer Confidence Index during April declined 2.0% (-0.1% y/y) to 94.2 and reversed most of a March increase to 96.1, revised from 96.2. The latest figure compared to 95.8 in the Action Economics Forecast [...]
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| Apr 26 2016
U.S. Consumer Confidence Disappoints
by:Tom Moeller
|in:Economy in Brief
Global| Apr 26 2016
U.S. Gasoline and Crude Oil Prices Improve Further
Regular gasoline prices increased to $2.16 per gallon last week (-15.9% y/y) after rising to $2.14 in the prior week, according to the U.S. Department of Energy. The price compares to a low of $1.72 in February, but remained down from [...]
by:Tom Moeller
|in:Economy in Brief
Global| Apr 26 2016
U.S. Durable Goods Orders Improve; Bookings for Capital Goods Ease
New orders for durable goods increased 0.8% during March (-2.5% y/y) following a 3.1% February decline, revised from -2.8%. A 1.9% improvement had been expected in the Action Economics Forecast Survey. A 2.9% rebound (-4.8% y/y) in [...]
by:Tom Moeller
|in:Economy in Brief
Global| Apr 25 2016
U.S. New Home Sales & Prices Decline
Sales of new single-family homes declined 1.5% during March to 511,000 (SAAR) versus 519,000 in February, revised from 512,000. Despite the decline, sales increased 5.4% y/y. Sales of 520,000 had been expected in the Action Economics [...]
by:Tom Moeller
|in:Economy in Brief
Global| Apr 22 2016
Philadelphia Fed Business Conditions Index Deteriorates
The Philadelphia Federal Reserve reported that its General Factory Sector Business Conditions Index declined during April to -1.6 from an unrevised 12.4 in March. It reversed improvement during the prior two months. The decline [...]
by:Tom Moeller
|in:Economy in Brief
Global| Apr 21 2016
Chicago Fed National Activity Index Suggests Weak Economic Growth
The National Activity Index from the Federal Reserve Bank of Chicago fell to -0.44 during March. It was the weakest reading since January 2014, suggesting that economic growth was slightly below trend. At -0.18, the three month moving [...]
by:Tom Moeller
|in:Economy in Brief
Global| Apr 21 2016
U.S. Index of Leading Indicators Increases
The Conference Board's Index of Leading Economic Indicators increased 0.2% during March (2.2% y/y), following declines in each of the prior three months. February's 0.1% shortfall was revised from a 0.1% gain. The latest improvement [...]
by:Tom Moeller
|in:Economy in Brief
Global| Apr 21 2016
U.S. FHFA Home Price Index Posts Steady Rise
The U.S. House Price Index from the Federal Housing Finance Agency (FHFA) during February increased 0.4% (5.6% y/y) for a second consecutive month. Prices were strongest y/y in the Pacific region (8.4% y/y) and amongst the Mountain [...]
by:Tom Moeller
|in:Economy in Brief
Global| Apr 21 2016
U.S. Initial Claims for Jobless Insurance Unexpectedly Decline Sharply
Initial unemployment insurance claims fell to 247,000 during the week ended April 16 from an unrevised 253,000 in the prior week. For the past year, claims have been near the lowest level since 1973. Expectations were for 264,000 [...]
by:Tom Moeller
|in:Economy in Brief
Global| Apr 20 2016
U.S. Existing Home Sales and Prices Firm
Sales of existing homes increased 5.1% (1.5% y/y) to 5.330 million (SAAR) during March from 5.070 million in February, revised from 5.080 million. The gain followed February's 7.3% decline and extended a pattern of volatile sideways [...]
by:Tom Moeller
|in:Economy in Brief
Global| Apr 20 2016
U.S. Mortgage Loan Applications Continue to Rise
The Mortgage Bankers Association reported that its total Mortgage Market Volume Index increased 1.3% last week (14.9% y/y) to the firmest level since early-February. Refinancing applications increased 2.6% (13.4% y/y). Purchase [...]
by:Tom Moeller
|in:Economy in Brief
Global| Apr 19 2016
U.S. Gasoline and Crude Oil Prices Increase
Regular gasoline prices increased to $2.14 per gallon last week (-14.0% y/y) versus $2.07 in the prior week, according to the U.S. Department of Energy. The price compares to a low of $1.72 in February, but remained down from a 2014 [...]
by:Tom Moeller
|in:Economy in Brief
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