Total October existing home sales inched up 0.5% to 6.24M from a slightly higher revised September level, according to the National Association of Realtors. The m/m increase was the first since February and was firmer than Consensus [...]
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| Nov 28 2006U.S. Existing Home Sales & Prices Inch Up
by:Tom Moeller
|in:Economy in Brief
- Global| Nov 28 2006
Air Came Out of U.S. Durable Orders, Tech Off As Well
An 8.3% decline in new orders for durable goods last month more than reversed an upwardly revised 8.7% surge during September. The volatility largely reflected first the near-tripling of civilian aircraft & parts orders during [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Nov 28 2006
Air Came Out of U.S. Durable Orders, Tech Off As Well
An 8.3% decline in new orders for durable goods last month more than reversed an upwardly revised 8.7% surge during September. The volatility largely reflected first the near-tripling of civilian aircraft & parts orders during [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Nov 27 2006
World's Output Gains Lift Commodity Prices
Though a very recent slowdown in industrial output growth in the United States has garnered attention, compared to last year the nation's factories still are humming. That continued growth compares to an advance in factory sector [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Nov 27 2006
World's Output Gains Lift Commodity Prices
Though a very recent slowdown in industrial output growth in the United States has garnered attention, compared to last year the nation's factories still are humming. That continued growth compares to an advance in factory sector [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Nov 22 2006
U.S. Consumer Sentiment Edged Lower
The University of Michigan's full month November reading of consumer sentiment slipped 1.6% from October to 92.1, about as indicated in the preliminary report. During the last ten years there has been a 76% correlation between the [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Nov 22 2006
Mortgage Applications Reversed Gain
The total number of mortgage applications reversed all of the prior period's gain and fell 2.8% last week, according to the Mortgage Bankers Association. Applications nevertheless remained 6.3% higher this month versus the October [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Nov 22 2006
Initial Unemployment Insurance Claims Bounced Up
Initial claims for jobless insurance increased 12,000 to 321,000 last week from a slightly revised level during the prior period. Consensus expectations had been for a little changed reading of 310,000 claims. This latest figure [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Nov 21 2006
Gasoline Prices Up A Bit
Regular unleaded gasoline prices at the pump rose a penny last week to an average $2.24 per gallon. It was the third increase in the last four weeks since the low of $2.21. Average gas prices this month nevertheless remained down [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Nov 21 2006
Chain Store Sales Rose
Chain store sales last week improved 1.2% and recovered all of the prior week's 0.8% decline, according to the International Council of Shopping Centers (ICSC)-UBS. The increase lifted sales in November 0.3% from the October average [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Nov 21 2006
Chicago Fed Nat'l Activity Index Remained Negative
The National Activity Index (CFNAI) from the Federal Reserve Bank of Chicago remained negative in October at -0.31, negative for the fifth month in the last six. The three-month moving average of the CFNAI dropped to -0.19, its lowest [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Nov 21 2006
Chicago Fed Nat'l Activity Index Remained Negative
The National Activity Index (CFNAI) from the Federal Reserve Bank of Chicago remained negative in October at -0.31, negative for the fifth month in the last six. The three-month moving average of the CFNAI dropped to -0.19, its lowest [...]
by:Tom Moeller
|in:Economy in Brief
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