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 20 2016

  U.S. Mortgage Loan Applications Ease

  The Mortgage Bankers Association reported that its total Mortgage Market Volume Index fell 1.3% last week, yet rose roughly two-thirds y/y. Purchase applications declined 2.0% (+15.9% y/y). Refinancing applications eased 0.9%, but [...]

  by:Tom Moeller

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

  U.S. Gasoline Prices are Little Changed; Crude Oil Costs Decline

  Regular gasoline prices eased to $2.23 per gallon last week (-20.4% y/y), down from $2.40 early last month, according to the U.S. Department of Energy. Prices are down versus a 2014 high of $3.71 per gallon. Haver Analytics constructs [...]

  by:Tom Moeller

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

  U.S. Housing Starts Rebound to Three-Month High

  Housing starts increased 4.8% during June to 1.189 million units (SAAR) from 1.135 million in May, revised from 1.164 million. It was the highest level since February, but still 2.0% lower than one year earlier. Expectations were for [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Jul 18 2016

  U.S. Home Builders Index Dips

  The Composite Housing Market Index from the National Association of Home Builders-Wells Fargo eased to 59 in July from an unrevised 60 in June. The NAHB figures are seasonally adjusted. During the last ten years there has been an 72% [...]

  by:Tom Moeller

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

  Empire State Factory Sector Activity Index Deteriorates

  The Empire State Factory Index of General Business Conditions declined during July to 0.55 and reversed much of its June improvement. Expectations had been for 5.0 in the Action Economics Forecast Survey. The data are reported by the [...]

  by:Tom Moeller

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

  U.S. Industrial Production Rebounds

  Industrial output increased 0.6% (-0.7% y/y) during June following a 0.3% May fall, revised from -0.4%. A 0.2% rise in output had been expected in the Action Economics Forecast Survey. Factory sector production improved 0.4% last [...]

  by:Tom Moeller

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

  U.S. CPI Increase Restrained by Lower Goods Prices Last Month

  Strengthening energy prices continue to be offset by moderate inflation elsewhere. The June Consumer Price Index increased 0.2% (1.0% y/y), the same as during the prior month. These gains follow of a 0.4% April rise. A 0.3% increase [...]

  by:Tom Moeller

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

  U.S. Retail Spending Posts Firm Increase

  Total retail sales & spending at restaurants increased 0.6% during June (2.7% y/y) following a 0.2% May gain, revised from 0.5%. The rise compared to expectations for 0.1% growth in the Action Economics Forecast Survey. Healthy [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Jul 14 2016

  U.S. Initial Claims for Unemployment Insurance Remain Unchanged Near Record Low

  Initial unemployment insurance claims held steady at 254,000 (-8.6% y/y) during the week ended July 9. It was the lowest level since mid-April and near a record low. The Action Economics Forecast Survey expected 265,000 claims. The [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Jul 14 2016

  U.S. Producer Prices Strengthen Unexpectedly

  The headline Final Demand Producer Price Index increased 0.5% (0.3% y/y) in June following an unrevised 0.4% May gain. It was the quickest rise since May of last year. A 0.3% rise had been expected in the Action Economics Forecast [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Jul 13 2016

  U.S. Budget Deficit Deepens Substantially

  So far in FY'16, the federal government's budget deficit totaled $400.8 billion, up 26.7% versus $316.4 billion in the first nine months of FY'15. That result was highlighted in today's U.S. Treasury Department report of a $6.3 [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Jul 13 2016

  U.S. Mortgage Loan Applications Rise With Refinancings

  The Mortgage Bankers Association reported that its total Mortgage Market Volume Index increased 7.2% last week, up roughly two-thirds y/y, to the highest level since June 2013. The rise was driven by an 11.2% increase in refinancing [...]

  by:Tom Moeller

  |in:Economy in Brief