- Sales edge up from record low.
- Pattern of home sales is mixed across country.
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
USA| Mar 27 2025U.S. Pending Home Sales Increase in February
by:Tom Moeller
|in:Economy in Brief
- Inventory drag on economic growth remains largest in almost two years; net exports add negligibly to growth.
- Sharp gain in consumer spending growth is revised down slightly, while the decline in business investment is lessened.
- Price index gain is revised down slightly.
by:Tom Moeller
|in:Economy in Brief
USA| Mar 26 2025U.S. Durable Goods Orders Rise in February
- Increase exceeds expectations.
- Electrical equipment & appliance orders post firm increase.
- Nondefense capital goods less aircraft orders decline.
by:Tom Moeller
|in:Economy in Brief
- Confidence weakens to lowest level since January 2021.
- Expectations reading plummets to twelve-year low; present situation reading weakens.
- Inflation and interest rate expectations rise further.
by:Tom Moeller
|in:Economy in Brief
USA| Mar 25 2025U.S. Gasoline Prices Strengthen Last Week
- Gasoline costs rise.
- Crude oil prices move higher.
- Natural gas costs stabilize.
by:Tom Moeller
|in:Economy in Brief
USA| Mar 24 2025Chicago Fed National Activity Index Rebounds in February
- Index recovers January’s decline.
- Three-month average surges.
- Half of components rise.
by:Tom Moeller
|in:Economy in Brief
- Metals prices surge.
- Lumber prices strengthen.
- Crude oil costs decline.
by:Tom Moeller
|in:Economy in Brief
USA| Mar 20 2025U.S. Existing Home Sales Rebound in February
- Sales remain up from September low.
- Sales patterns vary from state-to-state.
- Median sales price recovers m/m.
by:Tom Moeller
|in:Economy in Brief
USA| Mar 20 2025U.S. Current Account Deficit Narrows in Q4 2024
- Goods deficit widens to nearly largest in three years. Services surplus increases to largest in five years.
- Balance on primary income returns to positive territory.
- Secondary income balance turns slightly less negative.
by:Tom Moeller
|in:Economy in Brief
- Weekly claims are trending up.
- Continuing claims rise and also are trending higher.
- Insured unemployment rate is steady.
by:Tom Moeller
|in:Economy in Brief
USA| Mar 19 2025FOMC Targeted Funds Rate Range Is Unchanged
- FOMC Committee expects funds rate to gradually fall over forecast period.
- Projections of economic growth are lowered, but expected inflation is raised.
by:Tom Moeller
|in:Economy in Brief
- Applications for loan refinance drop sharply.
- Mortgage rate increase is first in nine weeks.
- Decline in average loan size reverses earlier gain.
by:Tom Moeller
|in:Economy in Brief
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