The recent rise in the cost of mortgage financing has muted the number loan applications. The Mortgage Bankers Association reported that its total Mortgage Market Volume Index increased 6.2% last week (10.7% y/y). The rise made up 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| Nov 18 2015U.S. Mortgage Loan Applications Move Sideways as Interest Rates Rise
by:Tom Moeller
|in:Economy in Brief
- Global| Nov 18 2015
U.S. Housing Starts Decline Sharply; Building Permits Rise
Housing starts during October declined 11.0% to 1.060 million (AR) from 1.191 million in September, last month reported as 1.206 million. Starts were at their lowest level since March and 2.0% lower than one year earlier. The latest [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Nov 17 2015
U.S. Industrial Production Falls 0.2% for Second Straight Month
Overall industrial output eased 0.2% during October (+0.4% y/y), repeating an unrevised September dip. The Action Economics Forecast Survey expected a 0.1% fall. A 2.5% decline (-1.5% y/y) in utility output accounted for most of last [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Nov 17 2015
U.S. Home Builders Index Retreats; Traffic Surges
The Composite Housing Market Index from the National Association of Home Builders-Wells Fargo declined 4.6% to 62 during November after rising 6.6% to 65 in October, revised from 64. The figure fell short of expectations for 64 in the [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Nov 17 2015
U.S. Petroleum Prices Touch New Lows
Gasoline prices at the pump fell last week to $2.18 per gallon, down 6 cents from the prior week. Prices were down 24.7% y/y, but remained 6.9% above the January low of $2.04. Haver Analytics constructs factors adjusting for the [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Nov 17 2015
U.S. CPI Recovers After Two Months of Decline
The Consumer Price Index increased 0.2% during October (0.2% y/y) and countered declines during the prior two months. Prices excluding food & energy increased 0.2% (1.9% y/y) for the second straight month. A 0.2% increase in both [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Nov 16 2015
Empire State Factory Sector Activity Remains Negative
The Empire State Factory Index of General Business Conditions remained negative for the fourth consecutive month during November. The reading of -10.74 compared to an unrevised -11.36 in October. These diffusion indexes were nearly [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Nov 16 2015
Empire State Factory Sector Activity Remains Negative
The Empire State Factory Index of General Business Conditions remained negative for the fourth consecutive month during November. The reading of -10.74 compared to an unrevised -11.36 in October. These diffusion indexes were nearly [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Nov 13 2015
U.S. Retail Sales Remain Little Changed
Overall retail sales including food services & drinking places in October edged 0.1% higher (1.8% y/y) following no change during the prior two months. September was revised from +0.1%. A 0.3% rise had been expected in the Action [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Nov 13 2015
U.S. Business Inventories Accumulate
Total business inventories increased 0.3% during September (2.4% y/y) following a 0.1% August rise. It was the strongest monthly gain in three months but left y/y growth of 2.4% at its lowest since 2010. Retail inventories jumped 0.8% [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Nov 13 2015
U.S. Producer Prices Post a Surprising Decline
The overall Final Demand Producer Price Index fell 0.4% during October (-1.6% y/y) following an unrevised 0.5% September decline. The Action Economics Forecast Survey expected a 0.2% increase. Prices excluding food & energy were off [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Nov 13 2015
U.S. Retail Sales Remain Little Changed
Overall retail sales including food services & drinking places in October edged 0.1% higher (1.8% y/y) following no change during the prior two months. September was revised from +0.1%. A 0.3% rise had been expected in the Action [...]
by:Tom Moeller
|in:Economy in Brief
- of1071Go to 375 page