The total number of mortgage applications fell a sharp 8.4% last week, after a slight decline the prior week according to the Mortgage Bankers Association. Purchase applications slumped 8.4% after the prior period's sharp 7.0% fall. [...]
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 24 2007Mortgage Applications Down Sharply
by:Tom Moeller
|in:Economy in Brief
- Global| Jan 23 2007
Gasoline Prices Down Again
The rise in chain store sales owes something to the continuing decline in gasoline prices. Unleaded gasoline prices at the pump dropped six cents last week to an average $2.17 per gallon after the eight cent decline during the prior [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jan 23 2007
Weekly Chain Store Sales Ticked Up, January Firmest Since 1999
The International Council of Shopping Centers (ICSC)-UBS survey indicated that chain store sales last week ticked 0.1% higher after no change the prior week. The seeming lethargy of these gains, however, belies the greater strength of [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jan 23 2007
Weekly Chain Store Sales Ticked Up, January Firmest Since 1999
The International Council of Shopping Centers (ICSC)-UBS survey indicated that chain store sales last week ticked 0.1% higher after no change the prior week. The seeming lethargy of these gains, however, belies the greater strength of [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jan 22 2007
Chicago Fed Nat'l Activity Index Positive
For the first month since August, the National Activity Index (CFNAI) from the Federal Reserve Bank of Chicago turned modestly positive in December. The reading of 0.04 was the first in positive territory since a similar reading in [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jan 22 2007
Chicago Fed Nat'l Activity Index Positive
For the first month since August, the National Activity Index (CFNAI) from the Federal Reserve Bank of Chicago turned modestly positive in December. The reading of 0.04 was the first in positive territory since a similar reading in [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jan 17 2007
December Industrial Output Gained, But Vigor Questionable with Downward Revisions
Total U.S. industrial production rose 0.4% last month but revisions generally had the effect of lowering the gains in output during the prior two months. Consensus expectations had been for a 0.1% December rise. Factory sector output [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jan 17 2007
PPI Still Quite Firm in December
The producer price index for finished goods gained another 0.9% last month after the 2.0% surge during November. Led by a 2.5% rise in energy prices and a 1.7% increase in food prices, the gain nearly doubled Consensus expectations [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jan 17 2007
PPI Still Quite Firm in December
The producer price index for finished goods gained another 0.9% last month after the 2.0% surge during November. Led by a 2.5% rise in energy prices and a 1.7% increase in food prices, the gain nearly doubled Consensus expectations [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jan 16 2007
Empire State Index Dropped Sharply
The January index of manufacturing activity in New York State softened considerably. The Index of General Business Conditions fell 13.06 points, the second down month, to 9.13. That was the lowest level since June 2003. Consensus [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jan 16 2007
Empire State Index Dropped Sharply
The January index of manufacturing activity in New York State softened considerably. The Index of General Business Conditions fell 13.06 points, the second down month, to 9.13. That was the lowest level since June 2003. Consensus [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jan 15 2007
OECD Leaders Rose
The Leading Index of the major 7 OECD economies rose 0.2% after a like gain during October but earlier month's increases were revised lower. The index's six month growth rate dropped to 1.1% from 1.6% as a result of the revisions. [...]
by:Tom Moeller
|in:Economy in Brief
- of1081Go to 854 page