New single-family home sales in April rose just 0.2% m/m to 1.316M and the prior month's increase was more than halved. Nevertheless, sales in April set a record and for the year to date are 5.8% ahead of the 2004 average. 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| May 25 2005New Home Sales Still on a Record Pace
by:Tom Moeller
|in:Economy in Brief
- Global| May 25 2005
U.S. Durable Goods Orders Rebounded
New orders for durable goods rebounded 1.9% in April following three consecutive months of decline. Consensus expectations had been for a 1.2% rise. Year to date orders are down 1.1%. An 8.2% jump in orders for transportation [...]
by:Tom Moeller
|in:Economy in Brief
- Global| May 25 2005
U.S. Durable Goods Orders Rebounded
New orders for durable goods rebounded 1.9% in April following three consecutive months of decline. Consensus expectations had been for a 1.2% rise. Year to date orders are down 1.1%. An 8.2% jump in orders for transportation [...]
by:Tom Moeller
|in:Economy in Brief
- Global| May 24 2005
U.S. Existing Home Sales Rose To Another Record
The National Association of Realtors reported that sales of existing homes jumped to another record high last month, up 4.5% at 7.180M versus Consensus expectations for sales of 6.90M. Sales during March were revised slightly lower. [...]
by:Tom Moeller
|in:Economy in Brief
- Global| May 24 2005
Weekly Chain Store Sales Slipped Again
Chain store sales slipped for the second week according to the International Council of Shopping Centers (ICSC)-UBS survey. A 0.2% decline last week followed the 1.0% drop during the prior period. Sales so far in May remained 0.6% [...]
by:Tom Moeller
|in:Economy in Brief
- Global| May 24 2005
Weekly Chain Store Sales Slipped Again
Chain store sales slipped for the second week according to the International Council of Shopping Centers (ICSC)-UBS survey. A 0.2% decline last week followed the 1.0% drop during the prior period. Sales so far in May remained 0.6% [...]
by:Tom Moeller
|in:Economy in Brief
- Global| May 23 2005
Home Price Inflation: Location, Location, Location
The old adage of real estate about location has never been more true than during the last several years. During the last three years the Nat'l Association of Realtors reports the median sales price of an existing single family home [...]
by:Tom Moeller
|in:Economy in Brief
- Global| May 23 2005
Home Price Inflation: Location, Location, Location
The old adage of real estate about location has never been more true than during the last several years. During the last three years the Nat'l Association of Realtors reports the median sales price of an existing single family home [...]
by:Tom Moeller
|in:Economy in Brief
- Global| May 20 2005
Philadelphia Fed Index Reversed Course
The May Index of General Business Conditions in the manufacturing sector from the Philadelphia Fed reversed all of the prior month's improvement and fell 18.0 points to 7.3, its lowest level since June 2003. Consensus expectations had [...]
by:Tom Moeller
|in:Economy in Brief
- Global| May 20 2005
Philadelphia Fed Index Reversed Course
The May Index of General Business Conditions in the manufacturing sector from the Philadelphia Fed reversed all of the prior month's improvement and fell 18.0 points to 7.3, its lowest level since June 2003. Consensus expectations had [...]
by:Tom Moeller
|in:Economy in Brief
- Global| May 19 2005
Initial Claims for Jobless Insurance Lower
Following three weeks of increase, initial claims for unemployment insurance fell 20,000 last week to 321,000 and the prior period's gain was little revised. Consensus expectations had been for 330,000 claims. The latest figure covers [...]
by:Tom Moeller
|in:Economy in Brief
- Global| May 19 2005
Chicago Fed Nat'l Activity Index: Economic Growth Near Trend
In April the National Activity Index (CFNAI) compiled by the Federal Reserve Bank of Chicago improved to 0.10 from a downwardly revised -0.04 in March. The figures left the three-month moving average of the CFNAI at 0.08, its lowest [...]
by:Tom Moeller
|in:Economy in Brief
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