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| Apr 07 2017

  U.S. Payroll Growth Is Disappointing, But Unemployment Rate Declines

  The labor market softened this winter. Nonfarm payrolls rose 98,000 (1.6% y/y) during March. The increase followed a 219,000 February rise and a 216,000 January gain. These figures together were revised down by 38,000. Expectations [...]

  by:Tom Moeller

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

  U.S. Payroll Growth Is Disappointing, But Unemployment Rate Declines

  The labor market softened this winter. Nonfarm payrolls rose 98,000 (1.6% y/y) during March. The increase followed a 219,000 February rise and a 216,000 January gain. These figures together were revised down by 38,000. Expectations [...]

  by:Tom Moeller

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

  U.S. Initial Unemployment Insurance Claims Decline Sharply

  Initial claims for unemployment insurance fell to 234,000 (-13.7% y/y) during the week ended April 1 from 259,000 during the prior week, revised from 258,000. It was the lowest level of claims in five weeks. Expectations had been for [...]

  by:Tom Moeller

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

  U.S. Mortgage Loan Applications Ease as Refinancings Weaken

  The Mortgage Bankers Association reported that its total Mortgage Market Volume Index fell 1.6% last week (-16.0% y/y) following a 0.8% decline during the week prior. Refinancing applications declined 4.2% (-33.3% y/y) following a [...]

  by:Tom Moeller

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

  U.S. Mortgage Loan Applications Ease as Refinancings Weaken

  The Mortgage Bankers Association reported that its total Mortgage Market Volume Index increased 4.2% (43.0% y/y) last week following a 0.9% rise. Purchase applications surged 8.6% (20.9% y/y) and made up declines during July and [...]

  by:Tom Moeller

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

  U.S. ISM Nonmanufacturing Index Declines; Pricing Power Eases

  The Composite Index of Nonmanufacturing Sector Activity from the Institute for Supply Management (ISM) fell sharply to 55.2 in March from an unrevised 57.6 during February. It was the lowest level since October. The Action Economics [...]

  by:Tom Moeller

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

  U.S. ADP Private Payroll Increase Strengthens

  The ADP/Moody's National Employment Report indicated that private nonfarm payroll employment rose 263,000 (1.9% y/y) during March, the strongest increase since December 2014. The rise followed a 245,000 February gain, revised from [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Apr 04 2017

  U.S. Energy Product Prices Strengthen

  Regular gasoline prices improved to $2.36 per gallon last week (13.3% y/y), up versus three weeks of stability at $3.32 per gallon. Prices remained lower than the 2014 high of $3.71 per gallon. Haver Analytics constructs factors [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Apr 04 2017

  U.S. Factory Orders Boosted Again by Durables

  Manufacturing sector orders increased 1.0% (7.3% y/y) during February following a 1.5% January increase, revised from 1.2%. Durable goods orders increased 1.8% (5.3% y/y), revised from the advance report of a 1.7% increase. [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Apr 04 2017

  U.S. Trade Deficit Narrows; Exports Rise, While Imports Decline

  The U.S. trade deficit in goods and services declined during February to its smallest level since October. The deficit of $43.6 bil. contrasted to $48.2 bil. in January, initially reported as $48.5 bil. Expectations had been for a [...]

  by:Tom Moeller

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

  U.S. Light Vehicle Sales Weaken Significantly

  Total sales of light vehicles declined 5.4% m/m during March (-0.3% y/y) to 16.62 million units (SAAR), according to the Autodata Corporation. It was the lowest level of sales since February 2015. Light truck sales fell 6.8% (+6.3% [...]

  by:Tom Moeller

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

  U.S. Construction Spending Increase Follows Two Months of Decline

  The value of construction put-in-place gained 0.8% during February (+3.0% y/y), after easing 0.4% in January and 0.2% during December. The increase compares to expectations for a 1.0% rise in the Action Economics Forecast Survey. [...]

  by:Tom Moeller

  |in:Economy in Brief