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 03 2015

  U.S. ISM Factory Index Unexpectedly Falls to Three-Month Low

  The Composite Index from the Institute for Supply Management (ISM) fell to 52.7 during July following unrevised gains to 53.5 and 52.8 during the prior two months. Improvement to 53.8 had been expected in the Action Economics Forecast [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Aug 03 2015

  U.S. Personal Spending Rise Moderates Despite Firmer Income Gain

  Personal consumption expenditures increased 0.2% during June following 0.7% and 0.3% gains during May and April, revised from 0.9% and 0.1%. The latest was the smallest rise since February and matched expectations in the Action [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Jul 31 2015

  Chicago Purchasing Managers Index Signals Expansion

  Chicago purchasing managers reported that their July Business Barometer Index improved to 54.7 following an unrevised rise to 49.4 in June. It was first month in the last three above the break-even level of 50 and the highest level [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Jul 31 2015

  U.S. Employment Cost Index Increase Weakens to Record Low

  The employment cost index for civilian workers improved 0.2% in Q2'15 (2.0% y/y), following an unrevised 0.7% Q1 rise. This Q2 performance was the weakest on record and the number fell short of expectations for a 0.6% rise according [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Jul 30 2015

  U.S. Merchandise Trade Deficit Deepens

  The Census Bureau has begun to publish an advance report on U.S. international trade in goods. The BEA will incorporate these data into its estimates of exports and imports for the advance GDP estimates. This is expected to reduce the [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Jul 30 2015

  U.S. Initial Claims for Jobless Insurance Rise from 1973 Low

  Initial claims for unemployment insurance rose to 267,000 (-10.6% y/y) during the week ended July 25 from an unrevised 255,000 during the prior week. The latest figure was just above the lowest since November 1973. The four-week [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Jul 30 2015

  U.S. GDP Growth Improves; Consumer Leads the Advance

  The Commerce Department estimated that overall economic growth accelerated to 2.3% last quarter (SAAR) versus a 0.6% Q1 increase, revised from -0.2%. It was the quickest rate of growth since Q3 2014 but it missed expectations for a [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Jul 29 2015

  FOMC Holds Rates Steady; Sees Moderate Economic Growth and Stable Inflation Expectations

  At today's meeting of the Federal Open Market Committee, the Fed indicated that growth in consumer spending is moderate and the housing sector shows signs of improvement. Together with soft business investment and net exports, the [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Jul 29 2015

  U.S. Pending Home Sales Unexpectedly Ease

  The National Association of Realtors (NAR) reported that pending sales of single-family homes declined 1.8% during June (+11.1% y/y) following a little revised 0.6% May rise. Expectations were for a 0.9% increase according to [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Jul 29 2015

  U.S. Mortgage Loan Applications Continue Moving Sideways

  The Mortgage Bankers Association reported that its total Mortgage Market Volume Index notched 0.8% higher last week (11.4% y/y) and remained near the level of late-May

  by:Tom Moeller

  |in:Economy in Brief
• Global| Jul 28 2015

  U.S. Consumer Confidence Retreats to 10-Month Low

  The Conference Board's Consumer Confidence Index declined 8.9% this month (+0.7% y/y) to 90.9 from 99.8 in June, revised from 101.4. It was the lowest reading since last September and missed expectations for 100.0 in the Action [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Jul 28 2015

  U.S. Crude Oil Prices Decline Sharply While Gasoline Costs Dip

  WTI crude oil costs dropped sharply last week to an average $49.30 per barrel (-52.8% y/y), down from last month's high of $60.07. Yesterday, prices declined further to $47.39 per barrel. These prices compare to a June 2014 high of [...]

  by:Tom Moeller

  |in:Economy in Brief