The National Association of Realtors (NAR) reported that pending sales of single-family homes declined 3.7% last month (+6.1% y/y) following a revised 0.6% November increase, last month reported as 0.8%. For all of last year, pending [...]
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| Jan 29 2015
U.S. Pending Home Sales Decline in December and for All of 2014
by:Tom Moeller
|in:Economy in Brief
Global| Jan 29 2015
U.S. Initial Unemployment Insurance Claims Plunge to 2000 Low
Initial claims for unemployment insurance dropped to 265,000 during the week ended January 24 from 308,00 during the prior week, revised from 307,000. It was the lowest level of claims since April 2000. Adjusting for the timing of the [...]
by:Tom Moeller
|in:Economy in Brief
Global| Jan 28 2015
FOMC Sees Economic Expansion as "Solid"
At today's meeting of the Federal Open Market Committee, the Fed reaffirmed its prior view that the U.S. expansion is continuing at a "solid pace." Strong job growth and a low unemployment rate were boosting consumer spending, aided [...]
by:Tom Moeller
|in:Economy in Brief
Global| Jan 28 2015
U.S. State Unemployment Rates Fall To New Lows
The overall U.S. unemployment rate in December of 5.6% stood at its six-year low and remained down from 10.0% at the late-2009 peak. Variation in the level of unemployment amongst individual states continues, but a declining trend is [...]
by:Tom Moeller
|in:Economy in Brief
Global| Jan 28 2015
U.S. Mortgage Loan Applications Slip; Interest Rates Notch Higher
The Mortgage Bankers Association reported that their total Mortgage Market Volume Index edged down 3.2% last week (+34.9% y/y) following the near-doubling during the prior three weeks. Applications to refinance retreated 5.1% (+58.4% [...]
by:Tom Moeller
|in:Economy in Brief
Global| Jan 27 2015
U.S. Energy Prices Remain Under Pressure
Average gasoline prices declined another 3 cents in the week ended January 26 to $2.04 per gallon, the lowest level since April 2009. Prices have fallen by more than one-third during the last year and by nearly one-half since their [...]
by:Tom Moeller
|in:Economy in Brief
Global| Jan 27 2015
U.S. Consumer Confidence Jumps To 2007 High
The Conference Board's consumer confidence index improved to 102.9 during January from 93.1 in December, revised from 92.6 (1985=100). It was the highest level since August 2007. The latest figure increased by more than one-quarter [...]
by:Tom Moeller
|in:Economy in Brief
Global| Jan 27 2015
U.S. New Home Sales Increase To 2008 High
New home sales during December increased 11.6% to 481,000 (AR) from 431,000 in November, initially reported as 438,000. The latest figure was the highest since June 2008 and pulled the average sales volume for last year to 437,000, [...]
by:Tom Moeller
|in:Economy in Brief
Global| Jan 27 2015
U.S. Durable Goods Orders Are Depressed by Fewer Aircraft Bookings
New orders for durable goods declined 3.4% during December (+0.3% y/y) following a 2.1% November drop, revised from -0.7% reported initially. The latest decline was the fourth in the last five months. A 55.5% collapse (-64.5% y/y) in [...]
by:Tom Moeller
|in:Economy in Brief
Global| Jan 26 2015
Dallas Fed Factory Sector Activity Weakens
The Federal Reserve Bank of Dallas reported that its January Composite index of factory sector activity of -4.4 was negative for the first time since May 2013. The figure reflected weakness amongst all of the component series, most [...]
by:Tom Moeller
|in:Economy in Brief
Global| Jan 23 2015
U.S. Leading Economic Indicators Continue To Rise
The Index of Leading Economic Indicators from the Conference Board increased 0.5% last month (6.4% y/y) following a 0.4% November rise, revised from 0.6%. Eighty five percent of the component series improved m/m. A steeper interest [...]
by:Tom Moeller
|in:Economy in Brief
Global| Jan 23 2015
U.S. Existing Home Sales Declined Last Year but Prices Improved
Existing single-family home sales fell 3.1% during all of 2014 to 4.916 million, following three years of positive growth. For December alone, however, sales improved 2.4% month-to-month (3.5% y/y) to 5.040 million (AR) from 4.920, [...]
by:Tom Moeller
|in:Economy in Brief
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