The price for a gallon of regular gasoline declined another five cents last week to $3.54 (-2.9% y/y). Prices remained down from the $3.78 per gallon peak reached in February of last year. To account for seasonal volatility, Haver [...]
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| Jul 29 2014U.S. Gasoline Prices Return to March Low
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 28 2014
Dallas Fed Factory Sector Indexes Improve; Outlook is Mixed
The Federal Reserve Bank of Dallas reported that its July Composite index covering Texas factory sector activity improved to 12.7 from 11.4 in June. The latest figure was the highest since last September. The rise was driven by a jump [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 28 2014
U.S. Pending Home Sales Backpedal But Remain Firm
Pending sales of single-family homes fell 1.1% (-7.2% y/y) during June, according the National Association of Realtors (NAR), following a little-revised 6.0% May increase. The June figure compared to consensus expectations for a 0.3% [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 28 2014
U.S. Pending Home Sales Backpedal But Remain Firm
Pending sales of single-family homes fell 1.1% (-7.2% y/y) during June, according the National Association of Realtors (NAR), following a little-revised 6.0% May increase. The latest figure remained 7.3% lower than the high reached [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 25 2014
U.S. Durable Goods Orders Recover M/M as Bookings for Capital Goods Jump
New orders for durable goods improved 0.7% (-1.6% y/y) during June and reversed most of an unrevised 1.0% May decline. The increase roughly matched expectations in the Action Economics Forecast Survey. A 1.8% rebound (-10.4% y/y) in [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 24 2014
U.S. New Home Sales and Prices Reverse Course
New home sales during June fell 8.1% (-11.5% y/y) to 406,000 and reversed May's 8.3% gain to 442,000, initially reported as 504,000. Sales during April also were revised lower. The latest figure fell short of expectations for 480,000 [...]
by:Tom Moeller
|in:Economy in Brief
The Federal Reserve Bank of Kansas City reported that its July Composite index of 10th District factory sector activity improved to 9 and made up most of its decline to 6 during June. The latest figure remained in the range of [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 24 2014
U.S. New Home Sales and Prices Reverse Course
New home sales during June fell 8.1% (-11.5% y/y) to 406,000 and reversed May's 8.3% gain to 442,000, initially reported as 504,000. Sales during April also were revised lower. The latest figure fell short of expectations for 480,000 [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 24 2014
U.S. Initial Claims for Unemployment Insurance Fall to Eight-Year Low
Improvement in the labor market may have picked up steam this month. Initial unemployment insurance claims fell unexpectedly to 284,000 during the week ended July 19 from a revised 303,000 in the prior week, earlier reported as [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 23 2014
U.S. Mortgage Loan Applications Continue In Sideways Trend
The Mortgage Bankers Association reported that their total Mortgage Market Volume Index improved 2.4% last week (-31.9% y/y), making up roughly half of the prior week's decline. Applications remained two-thirds below the peak in [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 22 2014
U.S. Energy Prices Move Lower
The price for a gallon of regular gasoline declined five cents to $3.59 last week (-2.4% y/y). Prices remained lower than the $3.78 per gallon peak reached in February of last year. To account for seasonal volatility, Haver Analytics [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 22 2014
U.S. FHFA Home Price Index Growth Decelerates
The U.S. House Price Index from the Federal Housing and Finance Agency (FHFA) improved 0.4% during May. The year-to-year growth rate fell to 5.5% from an 8.5% peak in July of last year. During the last twelve months, prices remained [...]
by:Tom Moeller
|in:Economy in Brief
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