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| Jul 06 2017

  U.S. ISM Nonmanufacturing Index Unexpectedly Rebounds

  The Composite Index of Nonmanufacturing Sector Activity from the Institute for Supply Management (ISM) improved to 57.4 during June, and reversed virtually all of its May decline. The Action Economics Forecast Survey expected a [...]

  by:Tom Moeller

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

  U.S. ADP Private Payroll Gain Disappoints

  The ADP/Moody's National Employment Report for June indicated that private nonfarm payrolls increased 158,000 (2.0% y/y) following a 230,000 May gain, revised from 253,000. A 189,000 increase had been expected in the Action Economics [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Jul 05 2017

  U.S. Factory Orders Decline Again

  Manufacturing sector orders fell 0.8% during May (+6.0% y/y) following a 0.3% April decline, revised from -0.2%. Durable goods orders were off 0.8% (+5.7% y/y), revised from -1.1% in the advance report. Transportation sector orders [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Jul 05 2017

  U.S. Gasoline Prices Ease; Crude Oil Improves

  Regular gasoline prices fell to $2.26 per gallon last week (-1.4% y/y) from $2.29 in the prior week. Prices were down from the high of $2.45 per gallon in late-April. Haver Analytics constructs factors adjusting for the seasonal [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Jul 05 2017

  U.S. Light Vehicle Sales Slip Again

  Total sales of light vehicles during June eased 0.9% (-1.8% y/y) to 16.51 million units (SAAR) from 16.66 million in May, according to the Autodata Corporation. Sales have fallen 10.4% since the December 2016 peak. Light truck sales [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Jul 03 2017

  U.S. Construction Activity Remains Unchanged

  The value of construction put-in-place held steady during May (+4.9% y/y) following a 0.7% April dip, revised from -1.4%. Earlier figures also were revised. Expectations were for a 0.3% rise in the Action Economics Forecast Survey. [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Jul 03 2017

  ISM Factory Sector Index Strengthens

  The ISM factory sector composite index improved to 57.8 during June from May's reading of 54.9. It was the highest point since August 2014. A level of 55.0 had been expected in the Action Economics Forecast Survey. Earlier figures [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Jun 30 2017

  Chicago Purchasing Managers Index Improves Significantly

  The Chicago Purchasing Managers Business Barometer for June jumped to 65.7 following an increase to 59.4 in May. It was the highest index level since May 2014. The latest reading surpassed expectations for 58.0 in the Action Economics [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Jun 30 2017

  U.S. Personal Income Strengthens But Spending Moderates

  Personal income increased 0.4% during May (3.5% y/y) following a 0.3% April rise, revised from 0.4%. The gain outpaced expectations for a 0.3% advance in the Action Economics Forecast Survey. Wages & salaries ticked just 0.1% higher [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Jun 29 2017

  U.S. Initial Claims for Unemployment Insurance Rise

  Initial unemployment insurance claims during the week ended June 24 increased to 244,000 (-8.6% y/y) from 242,000 in the prior week, revised from 241,000. Expectations called for 240,000 claims in the Action Economics Forecast Survey. [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Jun 29 2017

  U.S. GDP Growth is Revised Higher; Personal Consumption Strengthened

  Economic growth was revised to 1.4% during Q1'17, up from 1.2% estimated last month and 0.7% estimated initially. Growth remained the weakest in three quarters. A 1.2% advance had been expected in the Action Economics Forecast Survey. [...]

  by:Tom Moeller

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

  U.S. Mortgage Loan Applications Decline Sharply

  The Mortgage Bankers Association reported that its total Mortgage Applications Volume Index declined 6.2% (-17.9% y/y) in the week ended June 23, after a 0.6% rise. It was the lowest level of applications in four weeks. Purchase [...]

  by:Tom Moeller

  |in:Economy in Brief