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 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
• Global| Sep 03 2019

  U.S. Construction Spending Is Little Changed

  The value of construction put-in-place improved 0.1% (-2.3% y/y) during July following two months of 0.7% decline. June's drop was revised from -1.3%. A 0.3% rise had been expected in the Action Economics Forecast Survey. Construction [...]

  by:Tom Moeller

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

  ISM Factory Activity Weakens As Exports Collapse

  Activity in the manufacturing is declining. The ISM manufacturing index fell to 49.1 during August from 51.2 in July. It was the lowest level since January 2016 and was below the expansion peak of 60.8 last August. The Action [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Aug 23 2019

  Kansas City Federal Reserve Factory Sector Weakens Further

  The Federal Reserve Bank of Kansas City reported that its index of regional manufacturing business activity declined to -6 in August after falling to -1 in July. These negative figures suggest declining business activity overall and [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Aug 22 2019

  U.S. Leading Economic Indicators Strengthen

  The Conference Board's Composite Index of Leading Economic Indicators increased 0.5% (1.6% y/y) during July following a 0.1% June decline, revised from -0.3%. It was the largest rise since September 2018. A 0.2% increase had been [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Aug 22 2019

  U.S. Initial Unemployment Insurance Claims Decline Sharply

  Initial unemployment insurance claims fell to 209,000 (-2.1% y/y) during the week ended August 17 from the prior week's 221,000, revised from 220,000. The Action Economics Forecast Survey expected a lesser decline to 218,000 initial [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Aug 21 2019

  U.S. Existing Home Sales Rise While Prices Slip

  The National Association of Realtors reported that sales of existing homes increased 2.5% during July to 5.420 million (0.6% y/y) from 5.290 million in June, revised from 5.270 million. Sales were 9.9% higher than the recent low [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Aug 21 2019

  U.S. Mortgage Loan Applications Ease

  The Mortgage Bankers Association reported that its total Mortgage Applications Index slipped 0.9% (+73.1% y/y) during the week ending August 16 following a 21.7% surge during the prior week. Applications to refinance a loan improved [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Aug 20 2019

  Philadelphia Fed Nonmanufacturing Business Activity Strengthens

  The Federal Reserve Bank of Philadelphia reported that its Nonmanufacturing Business Index of current conditions at the company level rose to 32.5 in August from 24.6 in July. It was the highest reading since April. Deteriorating, [...]

  by:Tom Moeller

  |in:Economy in Brief