Home sales last month likely were affected by the weather. Total new home sales in December rose 17.5% m/m to 329,000 SAAR from 280,000 in November, revised from 290,000. Consensus expectations were for 299,000 sales. The rise in [...]
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 26 2011
U.S. New Home Sales Gain Limited By Heavy Snowfall
by:Tom Moeller
|in:Economy in Brief
Global| Jan 26 2011
U.S. Mortgage Applications Reverse Earlier Gains
The Mortgage Bankers Association reported that overall mortgage applications fell 8.7% last week. This third consecutive weekly decline reversed most of the gains during the second half of last year and left them near the lowest since [...]
by:Tom Moeller
|in:Economy in Brief
Global| Jan 25 2011
U.S. Chain Store Sales Trend Lower
Consumers' loss of their jolly, holiday spirit quickened last week. Sales at chain stores fell 1.2% after declines of 0.1% and 3.2% during the prior two weeks. The average level so far this month was the lowest since last February. [...]
by:Tom Moeller
|in:Economy in Brief
Global| Jan 25 2011
U.S. Consumer Confidence Recovers
Consumers were more upbeat last month. The Conference Board reported that the January index of consumer confidence rose 13.7% from December to 60.6 from a revised 53.3 in December. The latest was the highest level since May and [...]
by:Tom Moeller
|in:Economy in Brief
Global| Jan 25 2011
U.S. Gasoline Prices Move Up But Crude Oil Is Down
Gasoline prices know only one way to go; higher. Last week, the pump price for regular gasoline rose another penny to $3.11 per gallon and mirrored the prior week's uptick. Prices were the firmest since October 2008 and were nearly [...]
by:Tom Moeller
|in:Economy in Brief
Global| Jan 25 2011
U.S. Case-Shiller Home Price Index Continues Double-Dip
First home prices fell through early-2009. Then they rose modestly until this past June with the help of the government tax credit. But during the last five months, they resumed their decline. During November, the seasonally adjusted [...]
by:Tom Moeller
|in:Economy in Brief
Global| Jan 20 2011
U.S. Leading Economic Indicators Are Strong Again
The Conference Board reported that its Index of Leading Economic Indicators rose 1.0% during December after an unrevised 1.1% November gain. The latest level of the index was a record high and the monthly gain exceeded Consensus [...]
by:Tom Moeller
|in:Economy in Brief
Global| Jan 20 2011
Philadelphia Fed Index Slips M/M But Remains Near High
The Philadelphia Federal Reserve Bank indicated that its January index of regional factory sector activity slipped to 19.3 from a downwardly revised 20.8 in December. Nevertheless, it remained near its highest level since April 2005. [...]
by:Tom Moeller
|in:Economy in Brief
Global| Jan 20 2011
U.S. Existing Home Sales Jump
The National Association of Realtors reported that December sales of existing homes jumped 12.3% to 5.280M following an upwardly revised 6.1% November increase. December sales exceeded Consensus expectations for 4.86M. For the full [...]
by:Tom Moeller
|in:Economy in Brief
Global| Jan 20 2011
U.S. Initial Jobless Insurance Claims Approach Cycle Low
Initial claims for jobless insurance fell sharply last week. The decline to 404,000 from 441,000 (initially reported as 445,000) was greater than expectations for 425,000 claims, according to Bloomberg. Moreover, the latest decline [...]
by:Tom Moeller
|in:Economy in Brief
Global| Jan 19 2011
U.S. Chain Store Sales Slip Further
Consumers remained in a somber spending mood last week. Sales at chain stores slipped 0.1% after the earlier week's 3.2% decline. The average level was the lowest since last February. During the last ten years there has been a 66% [...]
by:Tom Moeller
|in:Economy in Brief
Global| Jan 19 2011
U.S. Gasoline & Crude Oil Prices Rise Further
Maybe the rate of increase slowed, but the direction of change in energy prices remains the same - higher. Last week, the pump price for regular gasoline rose another penny to $3.10 per gallon following the prior week's two cent rise. [...]
by:Tom Moeller
|in:Economy in Brief
- of1068Go to 623 page