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| Nov 07 2018

  U.S. Consumer Credit Usage Eases

  Consumer credit outstanding increased $10.93 billion (4.8% y/y) during September following a $22.88 billion August increase, revised from $20.07 billion. A $16.5 billion gain had been expected in the Action Economics Forecast Survey. [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Nov 07 2018

  U.S. Mortgage Loan Applications Fall to Four-Year Low; Interest Rates Steady

  The Mortgage Bankers Association reported that its total Mortgage Applications Index declined 4.0% (-16.4% y/y) last week to the lowest level since December 2014. The decline followed a 2.5% shortfall in the prior week. Purchase loan [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Nov 06 2018

  U.S. JOLTS: Job Openings Rate Backs Away From Record

  The Bureau of Labor Statistics reported that the total job openings rate fell to 4.5% in September from the record of 4.7% in August, revised from 4.6%. The job openings rate is the job openings level as a percent of total employment [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Nov 06 2018

  U.S. Energy Prices Weaken

  Gasoline prices fell last week to an average $2.75 per gallon (+7.5% y/y) from $2.81 during the prior week. It was the lowest price since mid-April. Prices peaked at $2.96 late in May. Haver Analytics constructs factors to adjust for [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Nov 05 2018

  U.S. ISM Nonmanufacturing Index Eases

  The Composite Index of Nonmanufacturing Sector Activity from the Institute for Supply Management (ISM) backpedaled to 60.3 during October following a jump to 61.6 in September. The Action Economics Forecast Survey expected a greater [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Nov 02 2018

  U.S. Job Growth and Worker Earnings Strengthen

  The labor market is robust, strong enough to lift workers' pay. Average hourly earnings increased 0.2% during October and raised the y/y increase to 3.1%, the strongest gain since April 2009. The rise matched expectations in the [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Nov 02 2018

  U.S. Job Growth and Worker Earnings Strengthen

  The labor market is robust, strong enough to lift workers' pay. Average hourly earnings increased 0.2% during October and raised the y/y increase to 3.1%, the strongest gain since April 2009. The rise matched expectations in the [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Nov 01 2018

  U.S. Productivity Growth Slows, Lifting Unit Labor Costs

  Output per hour in the nonfarm business sector grew 2.2% (SAAR, 1.3% y/y)) in Q3'18 following a 3.0% gain in Q2. A 2.0% rise had been expected in the Action Economics Forecast Survey. Nonfarm business output rose 4.1% (3.7% y/y) [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Nov 01 2018

  U.S. Light Vehicle Sales Improve with Rise in Passenger Car Sales

  Sales of light vehicles increased 0.7% (-2.2% y/y) during October to 17.57 million units (SAAR), the highest level since November 2017. The latest gain followed a 4.3% September jump. Passenger car sales rose 4.8% (-12.8% y/y) last [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Nov 01 2018

  U.S. Construction Spending Holds Steady

  The value of construction put-in-place was unchanged during September (7.2% y/y) following a 0.8% August rise, initially reported as 0.1%. A 0.2% increase had been expected in the Action Economics Forecast Survey. In the private [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Nov 01 2018

  ISM Factory Sector Index Declines; Prices Rise

  The ISM composite index of activity in the factory sector fell to 57.7 in October from 59.8 in September. It was the lowest index level since April. A reading of 59.0 had been expected in the Action Economics Forecast Survey. During [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Nov 01 2018

  U.S. Productivity Growth Slows, Lifting Unit Labor Costs

  Output per hour in the nonfarm business sector grew 2.2% (SAAR, 1.3% y/y) in Q3'18 following a 3.0% gain in Q2. A 2.0% rise had been expected in the Action Economics Forecast Survey. Nonfarm business output rose 4.1% (3.7% y/y) [...]

  by:Tom Moeller

  |in:Economy in Brief