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| Sep 10 2019

  U.S. JOLTS: Job Openings Rate Dips; Hiring Rate Improves

  The Bureau of Labor Statistics reported that the total job openings rate slipped to 4.5% during July from an unrevised 4.6% in June. It remained below the 4.8% record reached in January. The job openings rate is the job openings level [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Sep 10 2019

  U.S. Small Business Optimism Wanes

  The National Federation of Independent Business (NFIB) reported that its Small Business Optimism Index declined 1.5% (-5.2 % y/y) to 103.1 during August and reversed its July improvement. The index level was at the lowest level since [...]

  by:Tom Moeller

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

  U.S. Consumer Credit Usage Strengthens

  Consumer credit outstanding surged $23.30 billion (5.2% y/y) during July after increasing $13.79 billion in June, revised from $14.58 billion. It was the largest increase since November 2017. A $16.0 billion gain had been expected by [...]

  by:Tom Moeller

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

  FIBER: Industrial Commodity Prices Are Mixed

  The Industrial Materials Price Index from the Foundation for International Business and Economic Research (FIBER) was little changed during the last four weeks. The price index was down 11.8% y/y and remained at the lowest level since [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Sep 06 2019

  U.S. Payroll Increase Disappoints; Earnings Strengthen While Jobless Rate Holds Steady

  Job growth continues to decelerate. Nonfarm payrolls increased 130,000 (1.4% y/y) during August following a 159,000 July rise, revised from 164,000. June's increase also was revised lower to 178,000 from 193,000. A 163,000 August [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Sep 06 2019

  U.S. Payroll Increase Disappoints; Earnings Strengthen While Jobless Rate Holds Steady

  Job growth continues to decelerate. Nonfarm payrolls increased 130,000 (1.4% y/y) during August following a 159,000 July rise, revised from 164,000. June's increase also was revised lower to 178,000 from 193,000. A 163,000 August [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Sep 05 2019

  U.S. Factory Orders Strengthen

  Manufacturers' orders rose 1.4% during July (0.3% y/y) following a little-revised 0.5% June gain. The Action Economics Forecast survey expected a 1.2% increase. Durable goods orders jumped 2.0% (0.6% y/y) after a 1.8% decline. The [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Sep 05 2019

  U.S. ISM Nonmanufacturing Index Posts Unexpected Rise; Prices Improve

  The Composite Index of Nonmanufacturing Sector Activity from the Institute for Supply Management (ISM) increased to 56.4 during August from 53.7 in July. It was the highest level in three months but remained sharply below the high of [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Sep 05 2019

  U.S. ADP Private Payrolls Show Unexpected Strength

  Hiring in the private sector accelerated last month. The ADP National Employment Report indicated that private nonfarm payrolls increased 195,000 (1.7% y/y) during August following a 142,000 July gain, revised from 156,000. Payrolls [...]

  by:Tom Moeller

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

  U.S. Weekly Mortgage Loan Applications Decline Further

  The Mortgage Bankers Association reported that its total Mortgage Applications Index fell 3.1% w/w (+62.6% y/y) during the week ending August 30, following a 6.2% decline in the previous week. Applications to refinance a loan slumped [...]

  by:Tom Moeller

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

  U.S. Trade Deficit Shrinks as Imports Decline

  The U.S. trade deficit in goods and services eased to $54.0 billion during July from $55.5 billion in June, revised from $55.2 billion. A $54.0 billion deficit had been expected in the Action Economics Forecast Survey. Exports of [...]

  by:Tom Moeller

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

  U.S. Gasoline & Crude Oil Prices Ease

  The U.S. pump price for gasoline slipped to $2.56 per gallon (-9.2% y/y) last week from the prior week's $2.57 per gallon. Prices have fallen from the early-May high of $2.90. Haver Analytics calculates price figures adjusted for [...]

  by:Tom Moeller

  |in:Economy in Brief