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| Aug 01 2017

  U.S. Personal Income Stagnates and Spending Slows

  Personal income was unchanged during June (2.6% y/y) following a 0.3% May rise, revised from 0.4%. A 0.4% increase had been expected in the Action Economics Forecast Survey. Figures back to 2014 were revised and last year's increase [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Jul 31 2017

  Texas Factory Sector Improvement Continues

  The Federal Reserve Bank of Dallas indicated in its Texas Manufacturing Outlook Survey that the July General Business Activity Index improved slightly to 16.8 and made up most of June's decline. The index remained, however, well below [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Jul 31 2017

  U.S. Pending Home Sales Improve

  The National Association of Realtors (NAR) reported that pending home sales increased 1.5% (0.5% y/y) during June to an index level of 110.2 following declines in four of the prior five months. It was the highest in three months. [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Jul 31 2017

  Chicago Purchasing Managers Index Deteriorates

  The Chicago Purchasing Managers Business Barometer for July declined sharply to 58.9 and reversed its unrevised improvement to 65.7 in June. A rise in the index to 60.0 had been expected in the Action Economics Forecast Survey. The [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Jul 28 2017

  U.S. Employment Cost Index Decelerates

  The employment cost index for civilian workers rose 0.5% (2.4% y/y) during Q2'17, down from a 0.8% increase in Q1'17. A 0.6% rise had been expected in the Action Economics Forecast Survey. Wages and salaries also increased 0.5% (2.3% [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Jul 28 2017

  U.S. GDP Growth Picks Up as Inventories Firm

  Economic growth accelerated during Q2'17 to 2.6% (2.1% y/y), the quickest advance in three quarters. Real GDP growth during Q1 was revised to 1.2% from 1.4%. Earlier estimates for 2015 and 2014 were revised slightly higher. Growth of [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Jul 27 2017

  Kansas City Federal Reserve Factory Index Falls

  The Federal Reserve Bank of Kansas City reported that its index of regional manufacturing sector business activity eased to 10 in July, following an unrevised increase to 11 in June. It remained sharply improved versus the negative [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Jul 27 2017

  U.S. Initial Claims for Jobless Insurance Rise

  Initial unemployment insurance claims increased to 244,000 (-5.2%) during the week ended July 22 from 234,000 in the prior week, revised from 233,000. Expectations called for 240,000 claims in the Action Economics Forecast Survey. The [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Jul 27 2017

  U.S. Durable Goods Orders Jump; Aircraft Orders Soar

  New orders for durable goods strengthened 6.5% (16.1% y/y) during June following a 0.1% May slip, revised from -1.1%. A 2.8% increase in orders had been expected in the Action Economics Forecast Survey. The rise in orders reflected [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Jul 26 2017

  FOMC Holds Rates Steady; Asset Sales to Begin Soon

  At today's meeting of the Federal Open Market Committee, the targeted federal funds rate was held steady in a range of 1.00% to 1.25%. This followed two increases earlier this year. Additionally, the Fed indicated that shrinking its [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Jul 26 2017

  FOMC Holds Rates Steady; Asset Sales to Begin Soon

  At today's meeting of the Federal Open Market Committee, the targeted federal funds rate was held steady in a range of 1.00% to 1.25%. This followed two increases earlier this year. Additionally, the Fed indicated that shrinking its [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Jul 26 2017

  U.S. New Home Sales Rise as Prices Fall Sharply

  Sales of new single-family homes improved 0.8% to 610,000 during June following a 4.9% May increase to 605,000, revised from 610,000. Despite the rise, sales were 4.4% below the March peak. Expectations had been for 615,000 sales in [...]

  by:Tom Moeller

  |in:Economy in Brief