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 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
• 

  USA| Dec 15 2021

  U.S. Home Builder Index Edges Higher in December

  • Index increases for fourth consecutive month.
  • Present sales & traffic increase but expected sales hold steady.
  • Strength in Northeast & South account for the overall increase.

  by:Tom Moeller

  |in:Economy in Brief
• 

  USA| Dec 14 2021

  U.S. Energy Product Prices Are Mixed

  • Gasoline prices weaken.
  • Crude oil prices rebound.
  • Natural gas prices fall again.

  by:Tom Moeller

  |in:Economy in Brief
• 

  USA| Dec 14 2021

  U.S. Producer Price Gains Accelerate in November

  • Yearly increase hits record for headline series.
  • Core goods prices also accelerate.
  • Energy & food prices strengthen.

  by:Tom Moeller

  |in:Economy in Brief
• 

  USA| Dec 10 2021

  U.S. Government Budget Deficit Deepens During November

  • Monthly receipts fall and outlays rise.
  • Growth in Federal government receipts strengthen so far in FY'22.
  • Defense, Medicare & interest outlays decline this year.

  by:Tom Moeller

  |in:Economy in Brief
• 

  USA| Dec 10 2021

  U.S. Consumer Price Index Marches Higher in November

  • Annual gain in core prices stays strong.
  • Core goods prices approach double-digit increase y/y, while services prices accelerate.
  • Energy prices surge again; food prices are strong.

  by:Tom Moeller

  |in:Economy in Brief
• 

  USA| Dec 09 2021

  U.S. Initial Unemployment Insurance Claims Decline Unexpectedly

  • Initial claims fall to lowest since September 6, 1969.
  • Continuing claims in regular programs rise.
  • Insured jobless rate increases.

  by:Tom Moeller

  |in:Economy in Brief
• 

  USA| Dec 09 2021

  U.S. Wholesale Inventories & Sales Jump in October

  • Durable & nondurable inventories strengthen.
  • Sales firm for a second month.
  • I/S ratio holds steady.

  by:Tom Moeller

  |in:Economy in Brief
• 

  USA| Dec 08 2021

  U.S. JOLTS: Job Openings Rate Improves in October

  • Job openings return to near-record level.
  • Hiring is little changed.
  • Quits decline after four consecutive increases.

  by:Tom Moeller

  |in:Economy in Brief
• 

  USA| Dec 08 2021

  U.S. Mortgage Applications Rise

  • Refinancing applications increase but purchase applications decline.
  • 30-year mortgage rate eases.
  • Purchase loan size declines.

  by:Tom Moeller

  |in:Economy in Brief