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| Jan 16 2019

  U.S. Home Builder Index Improves

  The Composite Housing Market Index from the National Association of Home Builders-Wells Fargo rose to 58 during January after falling sharply during December to 56, its lowest level since May 2015. The figure compared to the expansion [...]

  by:Tom Moeller

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

  U.S. Import Prices Pulled Lower by Falling Oil Prices

  Import prices fell 1.0% during December following a 1.9% November decline, revised from -1.6%. A 1.3% fall had been expected in the Action Economics Forecast Survey. During all of 2018, import prices fell 0.6% from December-to- [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Jan 15 2019

  Empire State Manufacturing Activity Weakens Sharply

  The Empire State Manufacturing Index of General Business Conditions declined to 3.9 in January, the lowest level since May 2017. The Action Economics Forecast Survey expected a reading of 12.0 for January. Data back through 2017 were [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Jan 15 2019

  U.S. Producer Prices Decline Led by Lower Energy Costs

  The headline Final Demand Producer Price Index using new methodology fell 0.2% during December following a 0.1% uptick in November. A 0.1% decline had been expected in the Action Economics Forecast Survey. From December-to-December, [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Jan 15 2019

  U.S. Prices of Energy Products Are Mixed

  Gasoline prices averaged a fairly steady $2.25 per gallon this past week (-12.1% y/y) but remained below the $2.90 October peak. Haver Analytics constructs factors to adjust for the marked seasonal variation in prices. The seasonally- [...]

  by:Tom Moeller

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

  FIBER: Industrial Commodity Prices Exhibit Broad-based Weakness

  The Industrial Materials Price Index from the Foundation for International Business and Economic Research (FIBER) has been weakening since late-June when the index reached its peak. During the last month alone, it's down 1.9% and over [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Jan 11 2019

  U.S. Home Affordability Declines

  The National Association of Realtors reported that its Composite Index of Home Affordability declined 10.6% y/y during November to 144.0. The index was one-third below its peak in January 2013. Month-to-month, home affordability [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Jan 11 2019

  U.S. CPI Eases As Expected; Core CPI Increases Steadily

  Prices remained under control during 2018. The Consumer Price Index slipped 0.1% in December (+1.9% y/y) following stability in November. It was the first decline in nine months and it matched expectations in the Action Economics [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Jan 10 2019

  U.S. Initial Claims for Unemployment Insurance Reverse Prior Gains

  Initial unemployment insurance claims declined to 216,000 (-13.6% y/y) during the week ended January 5 from 233,000 in the prior week, revised from 231,000. It was the lowest level of initial claims in four weeks. The Action Economics [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Jan 09 2019

  U.S. Mortgage Loan Applications Surge as Interest Rates Decline

  The Mortgage Bankers Association reported that its total Mortgage Applications Index jumped 23.5% (-7.0% y/y) during the week ended January 4 following three consecutive weeks of decline. Applications to purchase a home jumped 16.5% [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Jan 08 2019

  U.S. Consumer Credit Usage Remains Strong

  Consumers continue to expand their credit balances as employment increases. Consumer credit outstanding rose $22.16 billion during November following a $24.97 billion October gain, revised from $25.38 billion. Together, these two [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Jan 08 2019

  U.S. JOLTS: Job Openings and Hires Rates Slip

  The Bureau of Labor Statistics reported that the total job openings rate eased to 4.4% during November, retracing its October gain to 4.5%. The job openings rate is the job openings level as a percent of total employment plus the job [...]

  by:Tom Moeller

  |in:Economy in Brief