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 01 2018

  U.S. Payroll & Earnings Growth Improve; Jobless Rate Declines

  The job market exhibited buoyancy during May. Nonfarm payrolls increased 223,000 following a 159,000 April rise and a 155,000 March increase. Together, payrolls during these two months were revised up 15,000. A 185,000 rise in [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| May 31 2018

  U.S. Pending Home Sales Decline to Three-Month Low

  The National Association of Realtors (NAR) reported that pending sales of existing homes fell 1.3% (-2.1% y/y) in April to an index level of 106.4 (2001=100). It was the third month of decline and left the index at the lowest level [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| May 31 2018

  U.S. Personal Spending Strengthens While Savings Are Reduced

  Personal consumption expenditures increased 0.6% during April (4.7% y/y) following a 0.5% March rise, revised from 0.4%. It was the strongest monthly increase since November. A 0.4% rise had been expected in the Action Economics [...]

  by:Tom Moeller

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

  U.S. Energy Prices Increase

  Retail gasoline prices rose to $2.96 per gallon last week (23.1% y/y) from $2.92 per gallon during the prior week. It was the highest price level since November 2014. Haver Analytics constructs factors adjusting for the seasonal [...]

  by:Tom Moeller

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

  U.S. GDP Growth Revised Down; Corporate Profits Rebound

  U.S. economic growth slowed a bit more than initially estimated in Q1'18. Real gross domestic product grew at a 2.2% annual rate, revised from 2.3% estimated initially. The rise followed 2.9% growth during Q4'17. A 2.3% increase had [...]

  by:Tom Moeller

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

  Texas Factory Sector Index Improves Modestly

  The Federal Reserve Bank of Dallas indicated in its Texas Manufacturing Outlook Survey that the General Business Activity Index improved to 26.8 during May after declining sharply in April to a five-month low, down from the February [...]

  by:Tom Moeller

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

  U.S. Consumer Confidence Firms as Job Market Strengthens

  Consumers are taking heart from improving labor market conditions. The Conference Board Consumer Confidence Index rose to 128.0 in May (8.8% y/y) from 125.6 during April, initially reported as 128.7. The May level matched expectations [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| May 25 2018

  U.S. Durable Goods Orders Decline; Core Capital Goods Bookings Strengthen

  New orders for durable goods fell 1.7% (7.8 y/y) during April following a 2.7% March increase, revised from 2.6%. Expectations had been for a 1.2% decline in the Action Economics Forecast Survey. A 6.1% decline (+7.7% y/y) in orders [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| May 24 2018

  U.S. Existing Home Sales Decline While Prices Rise

  The National Association of Realtors reported that sales of existing homes declined 2.5% during April (-1.4% y/y) to 5.460 million units (AR) following an unrevised 1.1% March gain to 5.600 million units. It was the lowest level of [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| May 24 2018

  U.S. FHFA House Price Index Strength Wanes

  The Federal Housing Finance Agency's (FHFA) index of U.S. house prices ticked 0.1% higher (6.7% y/y) during March after two months of 0.8% increase. February's gain was revised from 0.6% and January from 0.9%. The 6.7% y/y rate of [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| May 24 2018

  U.S. Initial Claims for Unemployment Insurance Rise

  Initial unemployment insurance claims increased to 234,000 (-1.3% y/y) during the week ended May 19 following an increase to 223,000 during the prior week, revised from 222,000. Expectations were for 220,000 claims in the Action [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| May 23 2018

  U.S. New Home Sales Ease While Prices Decline

  Sales of new single-family homes during April slipped 1.5% (+11.6% y/y) to 662,000 (SAAR) from 672,000 during March, revised from 694,000. Expectations had been for 680,000 sales in the Action Economics Forecast Survey. The median [...]

  by:Tom Moeller

  |in:Economy in Brief