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

• Global| Jun 22 2021

  U.S. Energy Prices Remain Strong

  • Gasoline prices ease minimally from seven-year high. • Crude oil prices add to recent gains. • Natural gas prices continue strengthening. Retail gasoline prices slipped to $3.06 per gallon (+43.7% y/y) in the week ended June 21 from [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Jun 21 2021

  Chicago Fed National Activity Index Improves in May

  • Overall activity reading suggests moderate economic growth. • Three of four components are positive. The Federal Reserve Bank of Chicago's National Activity Index increased to 0.29 during May from -0.09 in April, revised from 0.24. [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Jun 18 2021

  U.S. Housing Affordability Declines in April

  • Mortgage payments jump with higher home prices. • Incomes decline after government stimulus payouts in March. • Interest rates ease. The National Association of Realtors' Fixed Rate Mortgage Housing Affordability Index declined [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Jun 17 2021

  U.S. Leading Indicators Post Another Strong Gain in May

  • Component improvement in leader's index remains broad-based. • Coincident indicators continue to firm. • Lagging indicators' decline suggests more economic slack. The Conference Board's Composite Index of Leading Economic Indicators [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Jun 17 2021

  U.S. Initial Claims for Unemployment Insurance Rise Unexpectedly

  • Increase in initial state claims is first since late-April. • Continuing state claims are roughly steady at pandemic low. • PUA claims continue to decline. Initial claims for unemployment insurance increased 37,000 during the week [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Jun 16 2021

  FOMC: Fed Holds Funds Rate Near Zero; Raises Inflation Projection

  The Federal Reserve left the target for the Fed funds rate in a range of 0.0% to 0.25% at today's meeting of the FOMC. The statement accompanying the meeting indicated, "Progress on vaccinations has reduced the spread of COVID-19 in [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Jun 16 2021

  U.S. Mortgage Loan Applications Rebound

  • Refinancing applications recover prior week's decline. • Purchase applications improve. • Mortgage interest rates ease again. The Mortgage Bankers Association's Loan Applications Index increased 4.2% (-20.6% y/y) in the week ended [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Jun 16 2021

  U.S. Housing Starts Rise in May

  • Increase is smaller-than-expected. • Single-family and multi-family starts improve modestly. • Building permits decline. Housing starts increased 3.6% (50.3% y/y) during May to 1.572 million units (SAAR) from 1.517 million in April, [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Jun 15 2021

  U.S. Home Builders Index Declines in June

  • Activity is off its November high. • Softening is evident across all regions. The Composite Housing Market Index from the National Association of Home Builders-Wells Fargo declined this month to 81 from 83 in the prior two months. [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Jun 15 2021

  U.S. Empire State Manufacturing Activity Weakens in June

  • Activity index falls for a second month. • New orders & shipments measures slow sharply. • Prices paid ease m/m, but remain strong. The Empire State Manufacturing Index of General Business Conditions fell nearly seven points to 17.4 [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Jun 15 2021

  U.S. Retail Sales Weaken in May

  • Decline follows an early-spring surge and stimulus checks. • Sales weakness is broad-based. • April & March readings were upwardly revised. Total retail sales including food service and drinking establishments declined 1.3% during [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Jun 15 2021

  U.S. Energy Prices Continue to Strengthen

  • Gasoline prices reach seven-year high. • Crude oil prices climb to highest level since October 2018. • Natural gas prices improve further. Retail gasoline prices rose to $3.07 per gallon (46.3% y/y) in the week ended June 14 from [...]

  by:Tom Moeller

  |in:Economy in Brief