The seasonally adjusted Case-Shiller 20-City Home Price Index held roughly constant during May after an upwardly revised 0.4% April gain. Nevertheless, during the last twelve months prices have fallen 4.5% after rising modestly y/y [...]
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 26 2011
U.S. Case-Shiller Home Price Index Steadies
by:Tom Moeller
|in:Economy in Brief
Global| Jul 25 2011
Weakness In Chicago Fed Index Eases In June But Worsens In Q2
This year's second quarter was a tough one regarding economic momentum. The Chicago Fed reported that its National Activity Index (CFNAI) was again negative during June at -0.46 following a revised -0.55 in May, initially reported as [...]
by:Tom Moeller
|in:Economy in Brief
Global| Jul 22 2011
FHFA Reports Some Improvement In Its Home Price Index
Reported yesterday, the U.S. House Price Index from the Federal Housing and Finance Agency (FHFA) increased slightly for the second month. The May index rose 0.4% after a 0.2% April uptick. The gain steadied the y/y decline at 6.3%. [...]
by:Tom Moeller
|in:Economy in Brief
Global| Jul 22 2011
U.S. Mass Layoffs Stabilize
Mass layoffs in the U.S. during June fell and reversed the May increase. The Labor Department reported this morning that layoffs of 50 or more persons from a single firm fell 4.2% in June versus May following that month's 2.2% [...]
by:Tom Moeller
|in:Economy in Brief
Global| Jul 21 2011
U.S. Leading Economic Indicators Increase Moderates
The Conference Board reported that its Leading Economic Indicators index rose 0.3% last month following an unrevised 0.8% May increase. Consensus expectations were for a 0.2% rise in June. Despite the latest increases, three-month [...]
by:Tom Moeller
|in:Economy in Brief
Global| Jul 21 2011
Philadelphia Fed Business Activity Index Improves Marginally
Like yesterday's Empire State Index, the Philadelphia Federal Reserve Bank's index of regional factory sector activity improved modestly, only the Philly number was positive while the Empire figure remained negative. The latest [...]
by:Tom Moeller
|in:Economy in Brief
Global| Jul 21 2011
U.S. Initial Claims for Jobless Insurance Rise
Initial unemployment insurance claims rose last week to 418,000 versus a revised 408,000 during the week prior, initially reported as 405,000. The Labor Department indicated that the latest figure reflected 1,750 initial claims due to [...]
by:Tom Moeller
|in:Economy in Brief
Global| Jul 20 2011
U.S. Existing Home Sales Decline Again
The National Association of Realtors reported a further loss of strength in the housing market. Sales of existing homes during June slipped 0.8% to 4.770M from an unrevised 4.810M in May. The latest was weaker than Consensus [...]
by:Tom Moeller
|in:Economy in Brief
Global| Jul 20 2011
Lower U.S. Interest Rates Generate Mortgage Refinancing
Overall mortgage applications jumped 15.5% last week. The gain followed four weeks of decline. Remaining strong were applications to refinance which jumped nearly one-quarter w/w, also after four weeks of decline. Working the other [...]
by:Tom Moeller
|in:Economy in Brief
Global| Jul 19 2011
U.S. Chain Store Sales Trend To A Record High
Chain store sales rose 0.4% last week for the fourth consecutive weekly gain. The increase pulled sales to a record high and up 3.5% so far in July versus June. During the last ten years there has been a 66% correlation between the [...]
by:Tom Moeller
|in:Economy in Brief
Global| Jul 19 2011
U.S. Gasoline Prices Again Move Up
Good news often doesn't last forever. Reversing earlier declines, the pump price for regular gasoline rose four cents last week to $3.68 per gallon, its highest in a month. Nevertheless, prices remained down twenty eight cents since [...]
by:Tom Moeller
|in:Economy in Brief
Global| Jul 19 2011
U.S. Housing Starts Jump M/M But Trend Sideways
New residential building activity just can't break out to the upside. Housing starts rose 14.6% last month to 629,000 (AR) following a downwardly revised no change in May. Despite the increase, however, the lift only made up for [...]
by:Tom Moeller
|in:Economy in Brief
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