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| Sep 13 2017

  U.S. Mortgage Loan Applications Rise as Financing Costs Decline

  The Mortgage Bankers Association reported that its total Mortgage Applications Volume Index jumped 9.9% (-19.3% y/y) in the week ended September 8 following a 3.3% rise in the prior week. Purchase applications increased 10.9% (6.2% [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Sep 13 2017

  U.S. Producer Prices Recover

  The headline Final Demand Producer Price Index using new methodology increased 0.2% during August (2.4% y/y) after a 0.1% July dip. A 0.3% rise in the index had been expected in the Action Economics Forecast Survey. The PPI excluding [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Sep 12 2017

  U.S. Petroleum Prices Increase Slightly

  Regular gasoline prices at the pump rose to $2.69 per gallon last week (21.9% y/y), and added to the prior week's jump to the highest level since August 2015. Haver Analytics constructs factors adjusting for the seasonal variation in [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Sep 12 2017

  U.S. JOLTS: Job Openings Rate Remains at Record High; Hiring Improves

  The Bureau of Labor Statistics reported that the total job openings rate held at 4.0% during July following June's unrevised improvement from 3.8% in May. It continued to equal the record. The hiring rate increased to 3.8%, its [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Sep 12 2017

  U.S. Small Business Optimism Remains Strong

  The National Federation of Independent Business reported that its Small Business Optimism Index improved to 105.3 during August following a 1.6 point July jump to 105.2. The latest level was the highest since February, up 11.5% y/y. [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Sep 11 2017

  FIBER: Industrial Commodity Prices Remain Strong

  The Industrial Materials Price Index from the Foundation for International Business and Economic Research (FIBER) increased 1.8% during the last four weeks and gained 13.4% during the last twelve months. During all of last year prices [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Sep 08 2017

  U.S. Consumer Credit Usage Strengthens

  Consumer credit outstanding grew $18.49 billion (5.9% y/y) during July following an $11.82 billion June increase, revised from $12.40 billion. It was the strongest monthly gain since February. A $15.0 billion July increase had been [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Sep 08 2017

  U.S. Wholesale Inventories Rise While Sales Dip

  Inventories at the wholesale level during July increased 0.6% for the third consecutive month. June's increase was revised from 0.7%. Inventories rose a moderate 3.2% y/y. During the last three months, however, inventories rose at an [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Sep 07 2017

  U.S. Initial Claims for Unemployment Insurance Surge With Hurricane Harvey

  As Hurricane Harvey shut down business activity in Houston and along the Gulf Coast, initial applications for unemployment insurance jumped to 298,000 (14.9% y/y) during the week ended September 2 from an unrevised 236,000 the prior [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Sep 07 2017

  U.S. Productivity Improvement Is Revised Upward

  Output per hour in the nonfarm business sector grew at a 1.5% annual rate (1.3% y/y) in the second quarter, revised from 0.9% estimated last month. A 1.2% rise had been expected in the Action Economics Forecast Survey. Output rose [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Sep 06 2017

  U.S. Gasoline Prices Jump; Crude Oil & Natural Gas Costs Ease

  Hurricane Harvey has had a pronounced effect on gasoline prices. Regular gasoline prices at the pump jumped 28 cents in the week ended September 4 to $2.68 per gallon (20.5% y/y), the highest level since August 2015. Haver Analytics [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Sep 06 2017

  U.S. ISM Nonmanufacturing Index Improves

  The Composite Index of Nonmanufacturing Sector Activity from the Institute for Supply Management (ISM) rose to 55.3 during August from 53.9 in July. It remained near the lowest index level since August of last year. The Action [...]

  by:Tom Moeller

  |in:Economy in Brief