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| Apr 25 2019

  U.S. Durable Goods Orders Rebound; Capital Goods Orders Surge

  New orders for durable goods increased 2.7% (2.3% y/y) during March after a 1.1% February decline, revised from -1.6%. A 0.8% increase had been expected in the Action Economics Forecast Survey. A 7.0% (1.2% y/y) strengthening in [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Apr 24 2019

  U.S. Mortgage Loan Applications Continue to Decline

  The Mortgage Bankers Association reported that its total Mortgage Applications Index decreased 7.3% (+6.8% y/y) during the week ending April 19. It was the third consecutive weekly drop. Applications to purchase a home fell 4.1% [...]

  by:Tom Moeller

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

  U.S. New Home Sales Increase As Prices Fall

  New home sales increased 4.5% (3.0% y/y) during March to 692,000 (AR) following a rise to 662,000 in February, revised from 667,000. It was the highest level of sales since November 2017 and up from the low of 552,000 this past [...]

  by:Tom Moeller

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

  U.S. FHFA House Price Index Improvement Slows

  The Federal Housing Finance Agency (FHFA) Price Index for house purchases rose 0.3% in February following an unrevised 0.6% January increase. The 4.9% y/y increase was the weakest since early-2015, down from a 7.6% high early in 2018. [...]

  by:Tom Moeller

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

  U.S. Energy Prices Plateau

  Retail gasoline prices edged one penny higher last week to $2.84 per gallon last week (1.5% y/y). The uptick followed four months of strong increase. Haver Analytics constructs factors adjusting for the seasonal variation in gasoline [...]

  by:Tom Moeller

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

  U.S. Existing Home Sales Weaken as Prices Rise

  The National Association of Realtors reported that sales of existing homes fell 4.9% (-5.4% y/y) during March to 5.210 million units (SAAR). The decline reversed half of February's strengthening to 5.480 million units, revised from [...]

  by:Tom Moeller

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

  U.S. Housing Starts Weaken to Nearly Two-Year Low

  New building activity has failed to garner strength this year. Total housing starts during March eased 0.3% (-14.2% y/y) to 1.139 million (SAAR) from 1.142 million during February, revised from 1.162 million. It was the lowest level [...]

  by:Tom Moeller

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

  U.S. Leading Economic Indicators Improve

  The Conference Board's Composite Index of Leading Economic Indicators increased 0.4% (3.1% y/y) during March following a 0.1% uptick in February, revised from 0.2%. A 0.4% rise had been expected in the Action Economics Forecast [...]

  by:Tom Moeller

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

  U.S. Retail Sales Rebound Is Broad-Based

  Total retail sales increased 1.6% during March following a 0.2% February dip. It was the largest monthly increase since September 2017. The 3.6% y/y sales pace, however, remained down from growth during 2018 and 2017. A 0.9% March [...]

  by:Tom Moeller

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

  U.S. Wholesale Inventories and Sales Continue to Rise

  Wholesale inventories increased 0.2% (6.9% y/y) during February following a 1.2% gain in January. The Informa Global Markets Survey expected a 0.5% rise. Durable goods inventories increased 0.1% (10.6% y/y) after a 0.8% gain. [...]

  by:Tom Moeller

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

  U.S. Trade Deficit Shrinks as Exports Strengthen

  The U.S. trade deficit in goods and services declined to $49.38 billion during February. It was the narrowest shortfall since June of last year and compared to December's record of $59.90 billion. A deficit of $53.8 billion had been [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Apr 16 2019

  U.S. Home Builder Sentiment Increases

  The Composite Housing Market Index from the National Association of Home Builders-Wells Fargo rose to 63 during April after improved readings of 62 in the prior two months. The index remained up from the December low of 56, but below [...]

  by:Tom Moeller

  |in:Economy in Brief