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| Dec 05 2018

  U.S. Mortgage Loan Applications Continue to Increase

  The Mortgage Bankers Association reported that its total Mortgage Applications Index rose 2.0% (-16.6% y/y) during the week ended November 30 following a 5.5% rise during the prior week. Applications to refinance a mortgage [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Dec 04 2018

  U.S. Gasoline and Crude Oil Prices Continue to Decline

  Gasoline prices fell to an average $2.45 per gallon (-2.0% y/y) from $2.54 during last week. Prices have fallen from an average high of $2.90 early last month, to the lowest level since December 2017. Haver Analytics constructs [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Dec 03 2018

  U.S. Light Vehicle Sales Remain Firm

  Sales of light vehicles eased 0.2% (-0.8% y/y) during November to 17.49 million units (SAAR), but remained near the highest level in twelve months. Passenger car sales declined 4.8% (-14.5% y/y) last month to 5.37 million units and [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Dec 03 2018

  U.S. Construction Spending Continues to Weaken

  The value of construction put-in-place eased 0.1% (+4.9% y/y) during October. The weakening was the same as in September, revised from no change. It followed a 0.4% August decline, revised from +0.8%. A 0.4% increase had been expected [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Dec 03 2018

  ISM Factory Sector Index Improves; Prices Moderate

  The ISM composite index of business activity in the factory sector increased to 59.3 during November after a decline to 57.7 in October. A reading of 57.5 had been expected in the Action Economics Forecast Survey. During the last ten [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Dec 03 2018

  NABE 2019 Forecasts of Moderate Growth and Higher Inflation Are Unchanged

  The National Association for Business Economics projects 2.7% growth in real GDP during 2019, unchanged from the prior forecast in June. That follows an expected 2.9% rise this year, revised from the earlier forecast of 2.8% growth. [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Dec 03 2018

  NABE 2019 Forecasts of Moderate Growth and Higher Inflation are Unchanged

  The National Association for Business Economics projects 2.7% growth in real GDP during 2019, unchanged from the prior forecast in June. That follows an expected 2.9% rise this year, revised from the earlier forecast of 2.8% growth. [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Nov 30 2018

  U.S. Chicago Business Barometer Rebounds; Price Strength Lessens

  The Chicago Purchasing Managers Business Barometer surged to 66.4 during November from an unrevised 58.4 in October. It was the highest level since December and followed three consecutive months of decline. The Action Economics [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Nov 29 2018

  U.S. Pending Home Sales Decline to Four-Year Low

  The National Association of Realtors (NAR) reported that pending home sales during October declined 2.6% to the lowest level since July 2014. Sales were off 6.7% y/y and the fall reversed a little-revised September rise. The index [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Nov 29 2018

  U.S. Personal Income and Spending Heat Up; Core Pricing Cools

  Individuals seized the opportunity presented by improved earnings and easier pricing power to ramp up spending. Personal income rose 0.5% during October (4.3% y/y) following an unrevised 0.2% September gain. A 0.4% increase was [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Nov 28 2018

  U.S. Mortgage Loan Applications Increase; Interest Rates Remain Elevated

  The Mortgage Bankers Association reported that its total Mortgage Applications Index increased 5.5% (-14.4% y/y) last week following steady declines since early-last month. Purchase loan applications surged 8.8% (1.3% y/y) after a [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Nov 28 2018

  U.S. GDP Growth Is Unrevised; Profits Growth Improves

  Real gross domestic product increased 3.5% (AR, 3.0% y/y) during Q3'18, unrevised from the advance estimate. It followed a 4.2% rise during the second quarter. A 3.6% advance had been expected in the Action Economics Forecast Survey. [...]

  by:Tom Moeller

  |in:Economy in Brief