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| Dec 23 2016

  U.S. New Home Sales and Prices Increase

  Sales of new single-family homes during November increased 5.2% (16.5% y/y) to 592,000 (SAAR) from an unrevised 563,000 during October. Sales of 575,000 had been expected in the Action Economics Forecast Survey. The median price of a [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Dec 22 2016

  U.S. Personal Income & Spending Growth Soften

  Personal income remained unchanged during November (3.5% y/y) following a 0.5% October rise, revised from 0.6%. A 0.3% increase had been expected in the Action Economics Forecast Survey. Disposable personal income eased negligibly [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Dec 22 2016

  U.S. Initial Claims for Unemployment Insurance Jump

  Initial claims for unemployment insurance strengthened to 275,000 (2.2% y/y) in the week ended December 17 following an unrevised slip to 254,000 in the prior week. It was the highest level of claims since June. Expectations had been [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Dec 22 2016

  U.S. Leading Economic Indicators Hold Steady

  The Conference Board's Composite Index of Leading Economic Indicators remained unchanged during November (0.7% y/y) following an unrevised 0.1% October uptick. A 0.2% rise had been expected in the Action Economics Forecast Survey. The [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Dec 22 2016

  U.S. GDP Growth Revised Higher; Profits Shaved

  Economic growth during the third quarter was revised higher to 3.5% (1.7% y/y), up from 3.2% in the second estimate and 2.9% in the advance reading. It remained the strongest increase in two years and exceeded the expectation of 3.3% [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Dec 21 2016

  U.S. Existing Home Sales and Prices Strengthen

  The housing market remains firm. Sales of existing homes improved 0.7% (15.4% y/y) during November to 5.610 million units (AR) from 5.570 million in October, revised from 5.600 million. The latest level was the highest since February [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Dec 21 2016

  U.S. Mortgage Loan Applications Trend Lower as Rates Rise

  The Mortgage Bankers Association reported that its total Mortgage Market Volume Index increased 2.5% last week (-9.5% y/y), but made up just part of the prior week's 4.0% decline. Since their peak early in July, applications have [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Dec 20 2016

  U.S. Gasoline & Crude Oil Prices Continue to Improve

  Regular gasoline prices rose to $2.26 per gallon (11.7% y/y) last week, the highest level since early in October. Prices remained down, however, versus a 2014 high of $3.71 per gallon. Haver Analytics constructs factors adjusting for [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Dec 20 2016

  Philadelphia Fed Nonmanufacturing Business Index Improves Broadly

  The Federal Reserve Bank of Philadelphia's Nonmanufacturing Business Index of current conditions in December rose to 30.4 from 15.6 in November. It rebounded to the highest level since June 2015. Forty-seven percent of respondents [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Dec 19 2016

  U.S. State Unemployment Rates Vary Widely

  The decline in the overall unemployment rate to 4.5% during November reflects a range of state unemployment rates from a high of 6.8% in Alaska to a 2.7% low in South Dakota. The unemployment rate in Alaska continued to top the chart [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Dec 16 2016

  U.S. Housing Starts Backpedal; Multi-family Starts Plummet

  Earlier vibrancy registered in the housing market was dimmed by last month's decline in housing starts. Starts fell 18.7% during November (-6.9% y/y) to an annual rate of 1.090 million units. That reversed most of October's 27.4% jump [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Dec 15 2016

  U.S. Current Account Deficit Narrows Further

  The U.S. current account deficit eased to $113.0 during the third quarter from $118.3 in Q2, revised from -$119.9 billion. The Q3 deficit figure compared to $111.6 billion expected in the Action Economics Forecast Survey. The deficit [...]

  by:Tom Moeller

  |in:Economy in Brief