The cost of a gallon of regular gasoline fell to $3.060 per gallon last week (-7.2% y/y) from $3.12 during the prior week, its least expensive price since December 2010. To account for seasonal patterns, Haver Analytics constructs [...]
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| Oct 28 2014U.S. Energy Prices Continue to Tumble
by:Tom Moeller
|in:Economy in Brief
- Global| Oct 28 2014
U.S. Durable Goods Orders Retreat Further
New orders for durable goods declined 1.3% during September (+3.3% y/y) following a little-revised 18.3% August slump. The decline disappointed expectations for a 0.7% rise in the Action Economics Forecast Survey. It was exacerbated [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Oct 27 2014
Dallas Fed Factory Sector Activity Index Remains Stable
The Federal Reserve Bank of Dallas reported that its October Composite index of factory sector activity remained fairly stable at 10.5 following its m/m gain in September to 10.8. Nevertheless, the index was improved greatly from [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Oct 27 2014
U.S. Pending Home Sales Improve Marginally
Pending sales of single-family homes gained 0.3% last month (1.0% y/y) following an unrevised 1.0% decline during August, according to the National Association of Realtors (NAR). Sales remained at nearly the highest level since August [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Oct 24 2014
U.S. New Home Sales Reach Cycle High; Prices Fall Sharply
New home sales during September edged up 0.2% m/m to 467,000 (17.0% y/y) following a revised 15.3% August rise to 466,000, initially reported as 504,000. It was the highest level of sales since July 2008. The latest figure essentially [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Oct 23 2014
U.S. FHFA Home Price Inflation Decelerates
The U.S. House Price Index from the Federal Housing and Finance Agency (FHFA) improved 0.5% during August following a 0.2% July gain, revised from 0.1%. The latest increase left the y/y rise at 4.7%, nearly its lowest gain since [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Oct 23 2014
U.S. Leading Economic Indicators Index Signals Continued Growth
The Index of Leading Economic Indicators from the Conference Board increased 0.8% (6.3% y/y) last month following no change in August, revised from 0.2%. The series was at the highest level since August 2007 but the y/y gain of 6.3% [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Oct 23 2014
Chicago Fed National Activity Index Recovers
The Chicago Federal Reserve reported that its National Activity Index (CFNAI) for September rebounded to 0.47 from a little-revised -0.25 in August. The three-month moving average improved to 0.25. During the last ten years, there has [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Oct 23 2014
U.S. Initial Unemployment Insurance Declines to 2000 Low
The job market remains on a firm footing. Initial claims for unemployment insurance during the week ended October 18 rose to 283,000 (-18.4% y/y) from 266,000, revised from 264,000. The Action Economics Forecast Survey expected [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Oct 22 2014
U.S. Consumer Price Inflation Is Minimal
The consumer price index gained 0.1% during September (1.7% y/y) following an unrevised 0.2% August decline. The rise matched expectations in the Action Economics Forecast Survey. Consumer prices excluding food and energy also ticked [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Oct 22 2014
U.S. Mortgage Loan Applications To Refinance Jump With Lower Interest Rates
The Mortgage Bankers Association reported that their total Mortgage Market Volume Index surged 11.6% last week (-9.1% y/y) following two week's of moderate increase. Applications to refinance an existing loan jumped by roughly one- [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Oct 22 2014
U.S. Consumer Price Inflation Is Minimal
The consumer price index gained 0.1% during September (1.7% y/y) following an unrevised 0.2% August decline. The rise matched expectations in the Action Economics Forecast Survey. Consumer prices excluding food and energy also ticked [...]
by:Tom Moeller
|in:Economy in Brief
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