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 18 2017

  U.S. Home Affordability Falls Sharply to 2008 Low

  The National Association of Realtors reported that the Composite Index of Home Affordability declined 7.3% y/y during June to 144.5, the lowest level since September 2008. The index was 32.6% below its peak in January 2013. During the [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Aug 17 2017

  U.S. Initial Unemployment Insurance Claims Fall

  Initial unemployment insurance applications declined to 232,000 (-9.8% y/y) during the week ended August 12 from an unrevised 244,000 during the prior week. Expectations were for 240,000 claims in the Action Economics Forecast Survey. [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Aug 17 2017

  U.S. Industrial Production Increases Modestly; Factory Output Slips

  Industrial production improved 0.2% during July (2.2% y/y) following an unrevised 0.4% June gain. A 0.3% increase had been expected in the Action Economics Forecast Survey. A 1.6% rise (-0.7% y/y) in utilities output accounted for [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Aug 17 2017

  Philadelphia Fed Factory Conditions Index Eases

  The Philadelphia Federal Reserve reported that its General Factory Sector Business Conditions Index slipped to 18.9 during August, furthering its July decline to 19.5. It was the lowest reading since November. The figure compared to [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Aug 16 2017

  U.S. Mortgage Loan Applications Are Little-Changed

  The Mortgage Bankers Association reported that its total Mortgage Applications Volume Index ticked 0.1% higher (-22.6% y/y) in the week ended August 11 following a 3.0% rise in the prior week. Applications to refinance improved 1.6% [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Aug 16 2017

  U.S. Gasoline Prices Stabilize; Crude Oil Costs Weaken

  Regular gasoline prices held w/w at $2.38 per gallon last week (10.9% y/y) and remained below the high of $2.45 per gallon in late-April. Haver Analytics constructs factors adjusting for the seasonal variation in gasoline pump prices. [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Aug 16 2017

  U.S. Housing Starts & Building Permits Decline

  Total housing starts fell 4.8% to 1.155 million units (AR, -5.4% y/y) during July. That reversed most of June's rise to 1.213 million units, revised from 1.215 million. Starts of 1.220 million had been expected in the Action Economic [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Aug 15 2017

  U.S. Business Inventories Continue to Accumulate as Sales Firm

  Total business inventories increased 0.5% in June (2.8% y/y), the strongest increase since November. Retail inventories gained 0.6% (3.3% y/y), the same strong rate as in May. Motor vehicle & parts inventories jumped 0.7% (7.4% y/y). [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Aug 15 2017

  Empire State Business Activity Strengthens

  The Empire State Manufacturing Index of General Business Conditions for August jumped 15.4 points from July. The latest level of 25.2 was the highest since September 2014, and continued to indicate expansion in factory sector [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Aug 15 2017

  U.S. Home Builder Index Rebounds

  The Composite Housing Market Index from the National Association of Home Builders-Wells Fargo increased 6.3% to 68 during August and made up most of the prior two months' declines. Despite uneven m/m performance this year, the index [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Aug 15 2017

  U.S. Retail Sales Strengthen

  The consumer rediscovered the spending spirit last month. Total retail sales and spending at restaurants increased 0.6% (3.6% y/y) during July following a 0.3% June rise, revised from -0.2%. It was the largest increase this year. A [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Aug 14 2017

  FIBER: Industrial Commodity Prices Exhibit Strength

  The Industrial Materials Price Index from the Foundation for International Business and Economic Research (FIBER) increased 3.2% during the last four weeks and gained 11.0% during the last twelve months. This adds to the strength [...]

  by:Tom Moeller

  |in:Economy in Brief