Introducing

Tom Moeller

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

• 

  USA| Mar 17 2022

  U.S. Industrial Production Rises in February

  • Factory sector growth picks up.
  • Autos continue to hold back overall increase.
  • Capacity utilization strengthens.

  by:Tom Moeller

  |in:Economy in Brief
• 

  USA| Mar 17 2022

  U.S. Housing Starts Rebound in February

  • Severe winter weather depressed January building activity.
  • Regional changes remain mixed.
  • Building permits decline.

  by:Tom Moeller

  |in:Economy in Brief
• 

  USA| Mar 16 2022

  FOMC Lifts Funds Rate Target; Adjusts 2022 Economic Projections

  At today's meeting of the Federal Open Market Committee (FOMC), the Fed announced that it will raise the target for the Federal funds rate to a range of 0.25% - 0.50% from 0.0% - 0.25%. The current rate has been in place since March 2020.

  The Fed indicated that "the invasion of Ukraine by Russia is causing tremendous human and economic hardship. The implications for the U.S. economy are highly uncertain, but in the near term the invasion and related events are likely to create additional upward pressure on inflation and weigh on economic activity."

  It also stated, "With appropriate firming in the stance of monetary policy, the Committee expects inflation to return to its 2 percent objective and the labor market to remain strong."

  The statement issued following today's meeting can be found here.

  by:Tom Moeller

  |in:Economy in Brief
• 

  USA| Mar 16 2022

  U.S. Home Builder Index Falls Again in March

  • Decline is to lowest level in six months.
  • Current & future sales indexes decline.
  • Regional readings are mixed.

  by:Tom Moeller

  |in:Economy in Brief
• 

  USA| Mar 16 2022

  U.S. Retail Sales Are Restrained As Gas Prices Surge in February

  • Individual categories show mixed results.
  • Vehicle sales improve.
  • Online sales weaken.

  by:Tom Moeller

  |in:Economy in Brief
• 

  USA| Mar 15 2022

  U.S. Producer Price Gain Moderates in February

  • Energy & food prices again lead increases.
  • Core goods price gain is steady & strong. Core goods price gain is steady & strong. Core goods price gain is steady & strong. Core goods price gain is steady & strong.
  • Services prices are unchanged.

  by:Tom Moeller

  |in:Economy in Brief
• 

  USA| Mar 15 2022

  U.S. Energy Prices Strengthen Further

  • Gasoline prices surge again.
  • Crude oil prices approach record high, then retreat.
  • Natural gas prices rebound.

  by:Tom Moeller

  |in:Economy in Brief
• 

  Global| Mar 14 2022

  FIBER: Industrial Commodity Prices Continue to Strengthen

  • Steel scrap leads recent increases.
  • Crude oil prices jump.
  • Lumber prices remain strong.

  by:Tom Moeller

  |in:Economy in Brief
• 

  USA| Mar 11 2022

  U.S. Housing Affordability Declines Sharply in January

  • Higher mortgage rates drive affordability lower.
  • Principal & interest payments surge.
  • Payment as a percent of income moves up roughly four percentage points y/y.

  by:Tom Moeller

  |in:Economy in Brief
• 

  USA| Mar 10 2022

  U.S. Federal Government Budget Deficit Shrinks in February

  • Revenues surge with stronger employment.
  • Outlays continue to fall with fewer income security outlays.
  • Interest payments multiply.

  by:Tom Moeller

  |in:Economy in Brief
• 

  USA| Mar 10 2022

  U.S. Consumer Prices Jump Again in February

  • Annual gain remains strongest since 1982.
  • Energy prices surge with Ukraine conflict; food prices accelerate.
  • Services prices pick up as core goods prices ease.

  by:Tom Moeller

  |in:Economy in Brief
• 

  USA| Mar 09 2022

  U.S. Mortgage Application Volume Surges As Rates Fall

  • Increase is first in five weeks.
  • Purchase and refinancing applications rise.
  • Mortgage interest rates ease.

  by:Tom Moeller

  |in:Economy in Brief