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| Jun 21 2019

  U.S. Existing Home Sales and Prices Increase

  The National Association of Realtors reported that sales of existing homes rose 2.5% (-1.1% y/y) to 5.340 million (SAAR) during May after remaining unchanged in April at 5.210 million, revised from 5.190 million. It was the highest [...]

  by:Tom Moeller

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

  U.S. Current Account Deficit Shrinks; Exports Rise and Imports Fall

  The U.S. current account deficit narrowed to $130.4 billion during Q1'19 from $143.9 billion during Q4'18, revised from $134.4 billion. It compared to a $125.0 billion deficit expected in the Action Economics Forecast Survey. As a [...]

  by:Tom Moeller

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

  U.S. Leading Economic Indicators Remain Unchanged

  The Conference Board's Composite Index of Leading Economic Indicators held steady (2.5% y/y) during May following a 0.1% April rise, revised from 0.2%. The March increase also was lessened to 0.2% from 0.3%. A 0.1% uptick had been [...]

  by:Tom Moeller

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

  Philadelphia Fed Manufacturing Index Weakens Considerably

  The Federal Reserve Bank of Philadelphia reported that its General Factory Sector Business Conditions Index declined to 0.3 in June after May's improvement to 16.6. It was the lowest index level since February. A reading of 11.5 had [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Jun 19 2019

  U.S. Mortgage Loan Applications Decline

  The Mortgage Bankers Association reported that its total Mortgage Applications Index fell 3.4% (+31.6% y/y) during the week ending June 14 after the prior week's 26.8% surge. The decline reflected 3.5% declines in both applications to [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Jun 18 2019

  U.S. Energy Product Prices Remain Under Pressure

  U.S. retail gasoline prices continued their recent decline during the week ended June 17, falling six cents to $2.67 per gallon (-7.3% y/y), the sixth straight weekly decline. Haver Analytics calculates factors that adjust for the [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Jun 18 2019

  U.S. Housing Starts Decline but Permits Improve

  Housing starts eased 0.9% (-4.7% y/y) during May to 1.269 million (SAAR) from 1.281 million in April, revised from 1.235 million. Starts in March also were revised up to 1.199 million from 1.168 million. The Action Economics Forecast [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Jun 17 2019

  U.S. Home Builder Sentiment Declines

  The Composite Housing Market Index from the National Association of Home Builders-Wells Fargo fell to 64 during June and reversed most of its May improvement. The index remained below the expansion high of 74 reached in December of [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Jun 17 2019

  Empire State Manufacturing Index Turns Negative

  The Empire State Manufacturing Index of General Business Conditions declined sharply to -8.6 during June, the first negative index level since October 2016. The Action Economics Forecast Survey expected a June reading of 10.5. The [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Jun 14 2019

  U.S. Industrial Production Rebounds

  The industrial sector exhibited life last month. Industrial production increased 0.4% (2.0% y/y) during May and recouped a 0.4% April decline, revised from -0.5%. Output has declined 0.9% since December. A 0.2% increase had been [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Jun 14 2019

  U.S. Retail Sales Firm Broadly; Revisions Show Improvement

  Total retail sales increased 0.5% (3.2% y/y) during May following a 0.3% April increase, revised from a 0.2% slip reported initially. A 0.6% gain had been expected in the Action Economics Forecast Survey. Retail sales excluding motor [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Jun 13 2019

  U.S. Import and Export Prices Decline

  Import prices fell 0.3% (-1.5% y/y) during May following a 0.1% April improvement, revised from 0.2%. The decline matched expectations in the Action Economics Forecast Survey. These figures are not seasonally adjusted and do not [...]

  by:Tom Moeller

  |in:Economy in Brief