U.S. existing home sales fell 8.6% last month versus October to pull sales down to 4,490 million, according to the National Association of Realtors. The decline during the prior month was revised slightly and the latest was much [...]
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| Dec 23 2008U.S. Existing Home Sales Fell; Single-Family Sales Lowest Since 1997
by:Tom Moeller
|in:Economy in Brief
Global| Dec 23 2008U.S. Gasoline Prices Down Again
Regular gasoline prices were roughly unchanged last week at $1.65 per gallon, according to the U.S. Department of Energy survey. Yesterday, the spot market price for a gallon of regular gasoline fell sharply to $0.88 per gallon. [...]
by:Tom Moeller
|in:Economy in Brief
Global| Dec 23 2008U.S. 3Q'08 GDP Growth Unrevised; Profit's Fall Little Changed
As roughly indicated in the prior two reports, 3Q08 U.S. real GDP growth slipped 0.5%. The latest figure matched Consensus expectations. The y/y rate of growth of 0.7% continued as the weakest since the end of the 2001 recession. [...]
by:Tom Moeller
|in:Economy in Brief
Global| Dec 23 2008U.S. 3Q'08 GDP Growth Unrevised; Profit's Fall Little Changed
As roughly indicated in the prior two reports, 3Q08 U.S. real GDP growth slipped 0.5%. The latest figure matched Consensus expectations. The y/y rate of growth of 0.7% continued as the weakest since the end of the 2001 recession. [...]
by:Tom Moeller
|in:Economy in Brief
Global| Dec 22 2008Chicago Fed Index Well Into Recession Territory
The National Activity Index (CFNAI) from the Chicago Federal Reserve Bank for November continued on a downtrend and remained in recession territory. The latest reading of -2.47 followed a short-lived October bounce back from two [...]
by:Tom Moeller
|in:Economy in Brief
Global| Dec 22 2008Chicago Fed Index Well Into Recession Territory
The National Activity Index (CFNAI) from the Chicago Federal Reserve Bank for November continued on a downtrend and remained in recession territory. The latest reading of -2.47 followed a short-lived October bounce back from two [...]
by:Tom Moeller
|in:Economy in Brief
Global| Dec 18 2008Philadelphia Fed Index Ticked Up in December But Still Near Cycle Low
The Philadelphia Federal Reserve Bank indicated, with its December Business Activity Index, a level of U.S. economic weakness that rivals the lows of the series' forty year history. The bank reported that its December Index of General [...]
by:Tom Moeller
|in:Economy in Brief
Global| Dec 18 2008U.S. Leading Indicators Continued Lower
The Conference Board indicated that it's composite index of leading economic indicators fell during November by 0.4% after a slightly revised 0.9% October decline. The peak for the index was in July of last year and the six-month [...]
by:Tom Moeller
|in:Economy in Brief
Global| Dec 18 2008U.S. Weekly Claims For Unemployment Insurance Dipped
Last week, initial claims for unemployment insurance dipped by an expected 21,000. The decline to 554,000, however, reversed only a third of the prior week's 60,000 increase which was revised up slightly. As a result claims remained [...]
by:Tom Moeller
|in:Economy in Brief
Global| Dec 18 2008U.S. Weekly Claims For Unemployment Insurance Dipped
Last week, initial claims for unemployment insurance dipped by an expected 21,000. The decline to 554,000, however, reversed only a third of the prior week's 60,000 increase which was revised up slightly. As a result claims remained [...]
by:Tom Moeller
|in:Economy in Brief
Global| Dec 17 2008U.S. Mortgage Applications Fell Slightly Last Week
According to the Mortgage Bankers Association, the total number of mortgage applications increased 5.6% last week and that recovered most of the prior week's decline. Applications remained firm to take advantage of lower interest [...]
by:Tom Moeller
|in:Economy in Brief
Global| Dec 17 2008U.S. Current Account Deficit in 3Q'08 Narrowed
The US current account deficit narrowed last quarter to $174.1 billion from a slightly revised $180.9 billion during 2Q. The 3Q deficit was shallower than the Consensus expectation for a reading of $179 billion. As a percentage of GDP [...]
by:Tom Moeller
|in:Economy in Brief
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