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| Oct 09 2020

  U.S. Wholesale Inventories Move Higher in August While Sales Surge

  • Wholesale inventory gain follows three straight months of decline. • Sales continue on upward path for fourth consecutive month. • Inventory-to-sales ratio falls again. Wholesale inventories increased 0.4% during August (-5.2% y/y) [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Oct 08 2020

  U.S. Initial Unemployment Insurance Claims Edged Lower Last Week

  • Initial claims in state programs fell to lowest level since second week of March. • PUA program initial claims fell further. • The insured unemployment rate fell to 7.5%, lowest level since late-March. Initial claims for [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Oct 07 2020

  U.S. Consumer Credit Usage Surprisingly Reverses Course in August

  • Nonrevolving borrowing edges higher. • Credit card balances are being liquidated. Consumers recently grew cautious about using credit. Consumer credit outstanding declined $7.2 billion during August following two months of double- [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Oct 07 2020

  Mortgage Applications Move Higher as Interest Rates Decline

  • Refinancing applications surge but purchase applications fall. • Mortgage interest rates reach record lows. The Mortgage Bankers Association Mortgage Loan Applications Index rebounded 4.6% (38.4% y/y) in the week ended October 2 [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Oct 07 2020

  Mortgage Applications Move Higher as Interest Rates Decline

  • Refinancing applications surge but purchase applications fall. • Mortgage interest rates reach record lows. The Mortgage Bankers Association Mortgage Loan Applications Index rebounded 4.6% (38.4% y/y) in the week ended October 2 [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Oct 06 2020

  U.S. JOLTS: Job Opportunities Fall but Hiring Improves

  • Job openings are fewer in number. • Hiring increases modestly. • Layoffs and quits decline. The Bureau of Labor Statistics reported that on the last business day of August, the total job openings rate eased to 4.4% from 4.6% during [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Oct 06 2020

  U.S. Gasoline Prices Steady While Crude Oil Costs Ease

  • Gasoline prices continue sideways trend. • Crude oil prices decline. • Natural gas prices ease w/w; firm yesterday. Regular gasoline prices were unchanged at $2.17 per gallon (-17.9% y/y) in the week ended October 5, having hovered [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Oct 05 2020

  U.S. ISM Services Improves During September

  • Service sector activity remains firm. • Component activity is mixed. • Strength in pricing power lessens. The Composite Index of Services Activity from the Institute for Supply Management increased to 57.8 during September and [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Oct 05 2020

  NABE Projects Moderate Recovery in 2021 Following a Record Postwar Recession

  The National Association for Business Economics retained its projection for 3.6% growth in real GDP during 2021. This follows a record recession this year, with GDP expected to contract 4.3%, versus the prior forecast of a 5.9% [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Oct 02 2020

  U.S. Employment & Earnings Growth Weaken; Jobless Rate Declines

  • Private service-sector hiring slows. • Earnings growth eases. • Jobless rate declines to six-month low. Nonfarm payroll employment increased 661,000 during September (-6.4% y/y) after rising 1.489 million in August, revised from [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Oct 02 2020

  U.S. Employment & Earnings Growth Weaken; Jobless Rate Declines

  • Private service-sector hiring slows. • Earnings growth eases. • Jobless rate declines to six-month low. Nonfarm payroll employment increased 661,000 during September (-6.4% y/y) after rising 1.489 million in August, revised from [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Oct 02 2020

  U.S. Light Vehicle Sales Continue to Strengthen in September

  • Monthly increases spread across product lines. The Autodata Corporation reported that sales of light vehicles rose 7.5% during September (-4.7% y/y) to 16.36 million units (SAAR) from 15.22 million in August. September sales were [...]

  by:Tom Moeller

  |in:Economy in Brief