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| Dec 23 2021

  U.S. Personal Spending & Income Growth Slow

  • Spending slowdown includes fewer durable goods outlays.
  • Core price inflation remains strong.
  • Wage & salary growth moderates.

  by:Tom Moeller

  |in:Economy in Brief
• 

  USA| Dec 23 2021

  U.S. New Home Sales Surge in November

  • Sales are highest since April.
  • Strengthening is pronounced in West.
  • Median sales price increases to record.

  by:Tom Moeller

  |in:Economy in Brief
• 

  USA| Dec 22 2021

  Chicago Fed National Activity Index Declines in November

  • Index reverses half of prior month's gain.
  • Production & personal consumption lead downturn.
  • Trend continues to improve.

  by:Tom Moeller

  |in:Economy in Brief
• 

  USA| Dec 22 2021

  U.S. Mortgage Applications Edge Lower As Rates Ease

  • Purchase applications decline as refinancings increase.
  • 30-year mortgage rate slips.
  • Purchase loan size increases.

  by:Tom Moeller

  |in:Economy in Brief
• 

  USA| Dec 22 2021

  U.S. Consumer Confidence Strengthens in December

  • Expectations improve.
  • Jobs are seen as harder to find.
  • Price inflation expectations ease.

  by:Tom Moeller

  |in:Economy in Brief
• 

  USA| Dec 21 2021

  U.S. Current Account Deficit Deepens Further in Q3

  • Deficit is largest in 15 years.
  • Goods & services balances both deteriorate.

  by:Tom Moeller

  |in:Economy in Brief
• 

  USA| Dec 21 2021

  U.S. Energy Product Prices Are Little-Changed

  • Gasoline prices slip.
  • Crude oil prices ease.
  • Natural gas prices improve.

  by:Tom Moeller

  |in:Economy in Brief
• 

  USA| Dec 20 2021

  U.S. Leading Economic Indicators Strengthen in November

  • Most leading index components improve.
  • Coincident indicators rise again.
  • Lagging indicators ease modestly.

  by:Tom Moeller

  |in:Economy in Brief
• 

  USA| Dec 16 2021

  U.S. Industrial Production Increases Moderately in November

  • Factory output stands at highest level since January 2019.
  • Durable & nondurable goods output slows.
  • Capacity utilization increases.

  by:Tom Moeller

  |in:Economy in Brief
• 

  USA| Dec 16 2021

  U.S. Housing Starts Improve Sharply in November

  • Both single- and multi-family starts increase.
  • Regional changes are mostly positive.
  • Building permits strengthen.

  by:Tom Moeller

  |in:Economy in Brief
• 

  USA| Dec 15 2021

  U.S. Retail Sales Disappoint in November

  • Auto sales ease.
  • Online sales hold steady.
  • Gasoline sales strengthen with higher prices.

  by:Tom Moeller

  |in:Economy in Brief
• 

  USA| Dec 15 2021

  FOMC Will Reduce Securities Purchases; Holds Rates Steady

  At today's meeting of the Federal Open Market Committee (FOMC), the Fed indicated it will further scale back the stimulus it has been providing to a pandemic-stricken economy.

  Beginning next month the Fed will reduce its planned purchases of Treasury securities to $40 billion per month from $70 billion as indicated in the last meeting and to pare purchases of agency securities to $20 billion per month from $30 billion.

  The Federal funds rate target, however, will remain in a range of 0.0% to 0.25%, where it has been since March 2020.

  The Fed stated "With progress on vaccinations and strong policy support, indicators of economic activity and employment have continued to strengthen. The sectors most adversely affected by the pandemic have improved in recent months. Overall financial conditions remain accommodative, in part reflecting policy measures to support the economy and the flow of credit to U.S. households and businesses."

  Concern regarding price inflation was again expressed. "Supply and demand imbalances related to the pandemic and the reopening of the economy have continued to contribute to elevated levels of inflation."

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

  by:Tom Moeller

  |in:Economy in Brief