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| Feb 05 2021

  U.S. Consumer Credit Growth Slackens During December and in 2020 Overall

  • Credit card financing has been falling sharply. • Nonrevolving credit usage is slowing. Consumers continue to strengthen their balance sheets. Consumer credit outstanding rose a seasonally adjusted& $9.7 billion (-0.0% y/y) during [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Feb 05 2021

  U.S. Payrolls Rise Modestly as Expected in January

  • Service sector remains notably weak. • Earnings growth moderates. • Unemployment rate declines sharply to lowest level since March. Weakness in the labor market persists. Nonfarm payroll employment improved just 49,000 during [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Feb 05 2021

  U.S. Payrolls Rise Modestly as Expected in January; Revisions Moved Sharply Lower

  • Service sector remains notably weak. • Earnings growth moderates. • Unemployment rate declines sharply to lowest level since March. Weakness in the labor market persists. Nonfarm payroll employment improved just 49,000 during [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Feb 04 2021

  U.S. Factory Orders & Shipments Increase During December

  • Factory orders have risen in each month since May 2020. • Inventory accumulation continues. • Order backlogs decline further. Manufacturing activity continues to strengthen. Factory orders rose in December for an eighth consecutive [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Feb 04 2021

  U.S. Productivity's Decline in Q4 Reverses Q3 Strength

  • Nonfarm worker productivity posts deepest drop in forty years. • Compensation increases moderately. • Unit labor costs surge. Nonfarm business sector productivity declined 4.8% (SAAR, +2.5% y/y) during Q4'20 following a 5.1% Q3 [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Feb 03 2021

  U.S. ISM Services Index Improves During January

  • Service sector activity improves for third straight month. • Component activity remains mixed. • Pricing power is little changed. The Composite Index of Services Activity from the Institute for Supply Management rose to 58.7 during [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Feb 03 2021

  U.S. ADP Nonfarm Private Payrolls Recover With Unexpected Strength in January

  • Job increase more-than-recoups December decline. • Broad-based sector gains are logged. • Medium-sized payrolls post strongest increase. Despite the COVID-19 epidemic and winter weather, the labor market improved last month. The ADP [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Feb 02 2021

  U.S. Light Vehicle Sales Edge Higher During January

  • Sales of light trucks lead the improvement. • Domestic passenger car sales falter. • Imports' share of vehicle market improves. Light vehicle sales improved last month. The Autodata Corporation reported that sales of light vehicles [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Feb 02 2021

  U.S. Energy Prices Were Mixed Last Week

  • Gasoline prices continue to rise. • Oil prices ease slightly. • Natural gas prices bounce back. The price of regular gasoline increased to $2.41 per gallon (-1.9% y/y) in the week ended February 1 from $2.39 per gallon in the [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Feb 01 2021

  U.S. Construction Spending Continues to Improve During December

  • Overall activity hits record high. • Residential building surge led by single-family sector. • Public sector building edges higher. The value of construction put-in-place increased 1.0% during December (5.7% y/y) following [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Feb 01 2021

  ISM Manufacturing Index Edges Lower During January as Prices Strengthen

  • Factory activity slips m/m but remains strong y/y. • New orders & production weaken. • Pricing power improves further. Activity in the factory sector weakened slightly last month. The Institute for Supply Management (ISM) reported [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Jan 29 2021

  U.S. Pending Home Sales Decline in December

  • Pending home sales fall for fourth consecutive month. • Sales are mixed across the country. Pending home sales eased 0.3% (+21.4% y/y) in December, after falling 2.5% in November, according to the National Association of Realtors [...]

  by:Tom Moeller

  |in:Economy in Brief