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 2019

  U.S. Wholesale Inventories Rise Steadily as Sales Stabilize

  Wholesale inventories increased 0.2% during August (6.2% y/y), the same as in July. A 0.4% rise had been expected in the Informa Global Markets Survey. Durable goods inventories rose 0.3% (8.3% y/y) in August after holding steady in [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Oct 09 2019

  U.S. JOLTS: Job Openings & Hiring Rates Ease

  The Bureau of Labor Statistics reported that the total job openings rate slipped to 4.4% during August from an unrevised 4.5% in July. It remained below the 4.8% record reached in January. The job openings rate is the job openings [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Oct 09 2019

  U.S. Mortgage Loan Applications Rise Steadily As Interest Rates Decline

  The Mortgage Bankers Association reported that its Mortgage Loan Index increased 5.2% (68.0% y/y) in the week ending October 4, following an 8.1% rise during the prior week. Applications to refinance a loan gained 9.8% (+162.5% y/y) [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Oct 08 2019

  U.S. Small Business Optimism Continues to Weaken

  The National Federation of Independent Business (NFIB) reported that its Small Business Optimism Index declined 1.3% (-5.7% y/y) to 101.8 during September. It was the third decline in four months and left the index at the lowest level [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Oct 08 2019

  U.S. Producer Prices Decline Unexpectedly With Lower Energy Prices

  The Producer Price Index for final demand fell 0.3% during September (+1.4% y/y) following a 0.1% uptick during August. A 0.1% gain had been expected in the Action Economics Forecast Survey. Producer prices excluding food & energy [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Oct 07 2019

  U.S. Consumer Credit Usage Weakens

  Consumer credit outstanding increased $17.90 billion (5.0% y/y) during August following a $23.06 billion July surge, revised from $23.30 billion. A $15.0 billion gain had been expected by the Action Economics Forecast Survey. [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Oct 07 2019

  NABE Lowers Real Growth Projections

  The National Association for Business Economics expects 1.8% growth in real GDP during 2020 and 2.3% in 2019, revised from 2.1% and 2.6%, respectively, in the prior forecast. Both of these growth rates are below the 2.9% gain in 2018. [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Oct 04 2019

  U.S. Payroll Employment & Wages Disappoint As Jobless Rate Falls

  Job growth moderated recently. Nonfarm payrolls increased 136,000 (1.4% y/y) during September following a 168,000 August rise, revised from 130,000. July's increase also was revised higher to 166,000 from 159,000. A 145,000 September [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Oct 04 2019

  U.S. Payroll Employment & Wages Disappoint As Jobless Rate Falls

  Job growth moderated recently. Nonfarm payrolls increased 136,000 (1.4% y/y) during September following a 168,000 August rise, revised from 130,000. July's increase also was revised higher to 166,000 from 159,000. A 145,000 September [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Oct 03 2019

  TT

  Factory orders improved 0.3% (-1.2% y/y) during October....... The factory sector figures are available in Haver's USECON database. The expectation figure is in the AS1REPNA database. Factory Sector (% chg) - NAICS Classification Nov [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Oct 03 2019

  U.S. Factory Orders, Shipments & Inventories Ease

  Factory sector activity has been under pressure. Manufacturers' orders slipped 0.1% during August (-1.9% y/y) following an unrevised 1.4% increase during July. The Action Economics Forecast survey expected a 0.5% decline. Durable [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Oct 03 2019

  U.S. Initial Unemployment Insurance Claims Edge Higher

  Initial claims for unemployment insurance rose to 219,000 (0.1% y/y) during the week ended September 28 from 215,000 in the previous week, revised from 213,000. It was the highest level of claims in four weeks. The Action Economics [...]

  by:Tom Moeller

  |in:Economy in Brief