The National Association of Realtors reported that sales of existing homes homes benefited last month from continued gains in home affordability as well as an $8,000 tax credit for first-time home buyers. Sales rose 2.4% last month, [...]
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| Jun 23 2009U.S. Existing Home Sales Rise With Affordability And Tax Credit
by:Tom Moeller
|in:Economy in Brief
- Global| Jun 23 2009
U.S. Existing Home Sales Rise With Affordability And Tax Credit
The National Association of Realtors reported that sales of existing homes homes benefited last month from continued gains in home affordability as well as an $8,000 tax credit for first-time home buyers. Sales rose 2.4% last month, [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jun 19 2009
U.S. Consumers' Quest For Value
New figures available in Haver's SURVEYS database point up how chain store sales have been influenced this year by sales at Wal-Mart. The International Council of Shopping Centers (ICSC) along with Goldman Sachs produce monthly chain [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jun 19 2009
Gains in Weekly Chain Store Sales Fade
Commentary has been offered regularly on Haver.com about weekly chain store sales. That begs the question of how these figures differ from the monthly? The answer is that the weekly figures are based on a survey of sales taken by [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jun 19 2009
U.S. Consumers' Quest For Value
New figures available in Haver's SURVEYS database point up how chain store sales have been influenced this year by sales at Wal-Mart. The International Council of Shopping Centers (ICSC) along with Goldman Sachs produce monthly chain [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jun 18 2009
U.S. Initial Jobless Insurance Claims Trend Lower But Edge Up In Latest Week
The decline in initial claims from their high is leading evidence of labor market improvement. Though initial claims for unemployment insurance edged up last week, they remained near the lowest level since late-January. Claims inched [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jun 18 2009
Philadelphia Fed Index Improves Sharply
The Philadelphia Federal Reserve Bank indicated that factory sector activity in the region contracted during June but at the slowest rate since a slight advance during September of last year. The Index of General Activity in the [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jun 18 2009
U.S. Leading Indicators Rise Sharply For A Second Month
The Conference Board's leading index again suggested a coming turn in economic activity. The May composite index of leading economic indicators jumped another 1.2% following the upwardly revised 1.1% April gain. The increases [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jun 18 2009
U.S. Leading Indicators Rise Sharply For A Second Month
The Conference Board's leading index again suggested a coming turn in economic activity. The May composite index of leading economic indicators jumped another 1.2% following the upwardly revised 1.1% April gain. The increases [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jun 17 2009
U.S. 1Q'09 Current Account Deficit Shrinks To Smallest Since 2001
The U.S. current account deficit shrank to its lowest level since 2001 as the recession and lower oil prices limited imports. Despite recessions abroad which lowered U.S. exports, imports fell even more rapidly. The deficit of $101.5 [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jun 17 2009
U.S. May CPI Ticks Up, But 1.2% Drop Y/Y Is Largest Since April 1950
The recession continued to weigh on pricing power last month according to the Bureau of Labor Statistics. The May report on consumer prices indicated a less-than-expected rise of 0.1% which followed the unchanged reading for April. [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jun 17 2009
U.S. May CPI Ticks Up, But 1.2% Drop Y/Y Is Largest Since April 1950
The recession continued to weigh on pricing power last month according to the Bureau of Labor Statistics. The May report on consumer prices indicated a less-than-expected rise of 0.1% which followed the unchanged reading for April. [...]
by:Tom Moeller
|in:Economy in Brief
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