The total number of mortgage applications rose 7.7% last week for the third consecutive weekly gain. For the month of January mortgage applications are 5.1% higher than during December. The effective interest rate on a conventional [...]
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 25 2006Mortgage Applications Up As Interest Rates Remain Down
by:Tom Moeller
|in:Economy in Brief
Global| Jan 25 2006NAHB Housing Market Index Stable at Low Level
The National Association of Home Builders' (NAHB) Composite Housing Market Index remained stable, but depressed, in January at 57; the lowest level since April 2003. During the last twenty years the y/y change in the annual composite [...]
by:Tom Moeller
|in:Economy in Brief
Global| Jan 25 2006U.S. Existing Home Sales Fell A Third Month
According to the National Association of Realtors, total existing home sales fell 5.7% m/m to 6.600M (AR) in December from November which was revised down slightly. Consensus expectations for sales last month had been for a lesser [...]
by:Tom Moeller
|in:Economy in Brief
Global| Jan 25 2006U.S. Existing Home Sales Fell A Third Month
According to the National Association of Realtors, total existing home sales fell 5.7% m/m to 6.600M (AR) in December from November which was revised down slightly. Consensus expectations for sales last month had been for a lesser [...]
by:Tom Moeller
|in:Economy in Brief
Global| Jan 24 2006U.S. Leading Economic Indicators Rose, Signs of Excess Surfaced
The composite index of leading economic indicators increased 0.3% last month after a downwardly revised no change during November, according to the Conference Board. October's gain also was revised away to a minus 0.1%. Consensus [...]
by:Tom Moeller
|in:Economy in Brief
Global| Jan 24 2006U.S. Leading Economic Indicators Rose, Signs of Excess Surfaced
The composite index of leading economic indicators increased 0.3% last month after a downwardly revised no change during November, according to the Conference Board. October's gain also was revised away to a minus 0.1%. Consensus [...]
by:Tom Moeller
|in:Economy in Brief
Global| Jan 24 2006Chain Store Sales Edged Up, With Gasoline Prices
Chain store sales edged 0.3% higher last week following the sharp 1.4% drop during the prior period, according to the International Council of Shopping Centers (ICSC)-UBS survey. The increase left sales in January 1.3% ahead of [...]
by:Tom Moeller
|in:Economy in Brief
Global| Jan 24 2006Chain Store Sales Edged Up, With Gasoline Prices
Chain store sales edged 0.3% higher last week following the sharp 1.4% drop during the prior period, according to the International Council of Shopping Centers (ICSC)-UBS survey. The increase left sales in January 1.3% ahead of [...]
by:Tom Moeller
|in:Economy in Brief
Global| Jan 23 2006Energy Prices Mixed
Crude oil prices strengthened last week on market worry that supplies from Iran could be disrupted. Iran produces roughly 4 million barrels of crude oil per day, a bit more than 15% of the OPEC's total and about 6% of the world's [...]
by:Tom Moeller
|in:Economy in Brief
Global| Jan 23 2006Leading Economic Indicators' Gain Light
The Composite Index of Leading Economic Indicators from the Conference Board rose 0.1% last month following an upwardly revised 0.9% November increase. Consensus expectations had been for a 0.2% gain. The breadth of one month gain [...]
by:Tom Moeller
|in:Economy in Brief
Global| Jan 23 2006Leading Economic Indicators' Gain Light
The Composite Index of Leading Economic Indicators from the Conference Board rose 0.1% last month following an upwardly revised 0.9% November increase. Consensus expectations had been for a 0.2% gain. The breadth of one month gain [...]
by:Tom Moeller
|in:Economy in Brief
Global| Jan 20 2006Second Mortgages
Worry that some potential bursting of the "bubble" in housing market valuations at least in part rests on the idea that homeowners are borrowing against those "inflated" values to support current spending. In fact, real spending [...]
by:Tom Moeller
|in:Economy in Brief
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