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| Feb 21 2018

  U.S. Existing Home Sales Falter

  The National Association of Realtors reported that sales of existing homes declined 3.2% during January (-4.8% y/y) to 5.380 million (AR) from 5.560 million in December, revised from 5.570 million. Expectations were for 5.620 million [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Feb 21 2018

  U.S. Mortgage Loan Applications Fall Sharply

  The Mortgage Bankers Association reported that its total Mortgage Applications Volume Index declined 6.6% last week (+0.4% y/y) and added to the prior week's 4.1% fall. Purchase loan applications dropped 6.2% (+4.0% y/y), about the [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Feb 21 2018

  U.S. Energy Product Costs Weaken

  Retail gasoline prices fell to $2.56 per gallon last week (+11.1% y/y) from $2.61 per gallon. Prices reached a peak level of $2.64 two weeks ago. Haver Analytics constructs factors adjusting for the seasonal variation in gasoline pump [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Feb 20 2018

  Philadelphia Fed Nonmanufacturing Business Activity Strengthens

  The Federal Reserve Bank of Philadelphia's Nonmanufacturing Business Index of current conditions at the company level increased to 32.1 in February from 29.3 during January. It was the highest index level since April. Forty-six [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Feb 16 2018

  U.S. Import & Export Prices Strengthen Broadly

  Import prices increased 1.0% during January (3.6% y/y) for the second time in three months. A 0.6% rise had been expected in the Action Economics Forecast Survey. These figures are not seasonally adjusted. Petroleum import prices [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Feb 16 2018

  U.S. Housing Starts & Building Permits Increase

  Total housing starts increased 9.7% (7.3% y/y) during January to 1.326 million (AR) from 1.209 million in December, revised from 1.192 million. It was the highest level of starts since October 2016. A level of 1.227 million starts had [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Feb 15 2018

  U.S. Home Builder Index Holds Steady

  The Composite Housing Market Index from the National Association of Home Builders-Wells Fargo remained unchanged (+10.8% y/y) at 72 during February. The reading matched expectations in the Informa Global Markets Survey. The NAHB [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Feb 15 2018

  Philadelphia Fed Factory Conditions Improve; Prices Jump

  The Philadelphia Federal Reserve reported that its General Factory Sector Business Conditions Index increased to 25.8 during February and made up most of January's decline to 22.2. Expectations had been for a reading of 21.6 in the [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Feb 15 2018

  U.S. Industrial Production Eases; Factory Output Holds Steady

  The Federal Reserve indicated that industrial production slipped 0.1% (+3.7 y/y) during January, following a 0.4% December gain, revised from 0.9%. A 0.2% rise had been expected in the Action Economics Forecast Survey. Factory sector [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Feb 14 2018

  U.S. Business Inventories & Sales Rise Moderately

  Total business inventories increased 0.4% in December (3.2% y/y), the same as during their unrevised November reading. Total business sales gained 0.6% (6.7% y/y) after a 1.4% rise, revised from 1.2%. The changes in inventories and [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Feb 14 2018

  U.S. Retail Sales Decline; Nonauto Sales Hold Steady

  Many consumers stayed home last month. Total retail sales declined 0.3% during January following no change in December, revised from 0.4% reported initially. November's 0.8% gain was revised from 0.9%. A 0.2% increase had been [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Feb 13 2018

  U.S. Small Businesses Remain Optimistic and Increase Prices

  The Small Business Optimism Index from the National Federation of Independent Business for January increased 1.9% to 106.9 (+0.9% y/) following a 2.4% December decline. The level of optimism was up from 95.3 during all of 2016. A [...]

  by:Tom Moeller

  |in:Economy in Brief