Economic growth was greater than previously estimated during Q4. The revised 1.4% increase (1.9% y/y) compared to last month's estimate of 1.0% and the advance estimate of a 0.7% rise. A 1.0% gain was expected 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| Mar 25 2016
U.S. GDP Growth Is Revised Higher; Corporate Profits Fall
by:Tom Moeller
|in:Economy in Brief
Global| Mar 24 2016
U.S. Durable Goods Orders Decline; Capital Goods Backpedal
New orders for durable goods declined 2.8% (-4.6% y/y) during February following a 4.2% January rise, revised from 4.9%. A 2.4% decline had been expected in the Action Economics Forecast Survey. A 6.2% drop (+7.1% y/y) in orders for [...]
by:Tom Moeller
|in:Economy in Brief
Global| Mar 24 2016
U.S. Durable Goods Orders Decline; Capital Goods Backpedal
New orders for durable goods declined 2.8% (-4.6% y/y) during February following a 4.2% January rise, revised from 4.9%. A 2.4% decline had been expected in the Action Economics Forecast Survey. A 6.2% drop (+7.1% y/y) in orders for [...]
by:Tom Moeller
|in:Economy in Brief
Global| Mar 24 2016
U.S. Initial Claims for Jobless Insurance Increase
Initial unemployment insurance claims rose to 265,000 during the week ended March 19 from 259,000 in the prior week. Expectations were for 267,000 claims in the Action Economics Forecast Survey. The four week moving average of claims [...]
by:Tom Moeller
|in:Economy in Brief
Global| Mar 24 2016
U.S. Durable Goods Orders Decline; Capital Goods Backpedal
New orders for durable goods declined 2.8% (+1.8% y/y) during February following a 4.2% January rise, revised from 4.9%. A 2.4% decline had been expected in the Action Economics Forecast Survey. A 6.2% drop (+7.1% y/y) in orders for [...]
by:Tom Moeller
|in:Economy in Brief
Global| Mar 24 2016
U.S. Durable Goods Orders Rebound; Capital Goods Surge
Factory sector activity is gaining strength. New orders for durable goods recovered 4.9% during January (1.8% y/y) following a 4.6% December decline, revised from -5.1%. A 2.4% increase had been expected in the Action Economics [...]
by:Tom Moeller
|in:Economy in Brief
Global| Mar 23 2016
U.S. Mortgage Loan Applications Tumble
The Mortgage Bankers Association reported that its total Mortgage Market Volume Index declined 3.3% last week (+6.4% y/y), the same as during the prior week. Purchase applications fell 1.0% (+25.3% y/y) after a 0.3% uptick, while [...]
by:Tom Moeller
|in:Economy in Brief
Global| Mar 23 2016
U.S. New Home Sales & Prices Improve
Sales of new single-family homes increased 2.0% to 512,000 (SAAR, -6.1% y/y) during February after a 7.0% decline to 502,000 in January, revised from 494,000. Sales of 510,000 had been expected in the Action Economics Forecast Survey. [...]
by:Tom Moeller
|in:Economy in Brief
Global| Mar 23 2016
U.S. Mortgage Loan Applications Tumble
The Mortgage Bankers Association reported that its total Mortgage Market Volume Index declined 3.3% last week (+6.4% y/y), the same as during the prior week. Purchase applications fell 1.0% (+25.3% y/y) after a 0.3% uptick, while [...]
by:Tom Moeller
|in:Economy in Brief
Global| Mar 22 2016
U.S. Gasoline & Crude Oil Prices Increase Again
Regular gasoline prices rose, on average, last week to $2.01 per gallon (-18.3% y/y) from $1.96 in the prior week. It was the highest price since mid-January, according to the U.S. Department of Energy. The price compares to a 2014 [...]
by:Tom Moeller
|in:Economy in Brief
Global| Mar 22 2016
Philadelphia Fed Survey Shows Deterioration in Nonmanufacturing Business
The Federal Reserve Bank of Philadelphia reported that its Index of Nonmanufacturing Sector Activity at the company level fell to 17.5 in March. The measure has been declining since early last year. The expectations index for general [...]
by:Tom Moeller
|in:Economy in Brief
Global| Mar 22 2016
U.S. FHFA Home Price Index Increases Steadily
The U.S. House Price Index from the Federal Housing Finance Agency (FHFA) during January increased 0.5% for the third consecutive month. The annual rate of increase has been fairly steady near 6.0% since 2014. Prices were strongest in [...]
by:Tom Moeller
|in:Economy in Brief
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