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| Jun 17 2015

  U.S. Mortgage Loan Applications Fall Back as Rates Increase

  The Mortgage Bankers Association reported that its total Mortgage Market Volume Index backpedaled 5.5% last week (+7.7% y/y) and remained one-third below the January peak. Purchase applications decreased 4.2% (+15.0% y/y). [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Jun 17 2015

  FIBER: Industrial Commodity Prices Move Sideways

  The industrial commodity price index from the Foundation for International Business and Economic Research (FIBER) moved in a narrow range during the last month. Erratic sideways movement also is in evidence for most of this year, as [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Jun 16 2015

  U.S. Gasoline Prices Reach November High

  Gasoline prices jumped 2.0% last week to an average $2.84 per gallon at the pump (-23.1% y/y). They were at the highest level since November, up from the low of $2.04 late in January. Haver Analytics constructs factors adjusting for [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Jun 16 2015

  U.S. Housing Starts Ease; Permits Jump Again

  Housing starts during May declined 11.1% to a 1.036 million annual rate (+4.6% y/y), following a revised 22.1% rise to 1.165 million units, last month reported as 1.135 mil. May's figure fell short of expectations for 1.095 million [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Jun 15 2015

  U.S. Home Builders Index Rebounds to September High

  The Composite Housing Market Index from the National Association of Home Builders-Wells Fargo increased during June to 59 (20.4% y/y) following an unrevised decline to 54 in May. It was the highest level in nine months and exceeded [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Jun 15 2015

  U.S. Industrial Production Declines Unexpectedly

  Overall industrial output fell 0.2% during May (+1.4% y/y) following a 0.5% drop in April, initially reported as -0.3%. A 0.2% rise in production had been expected in the Action Economics Forecast Survey. Manufacturing sector [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Jun 15 2015

  Empire State Factory Sector Index Eases

  The Empire State Factory Index of General Business Conditions slipped to -1.98 during June after modest improvement to 3.09 in May. The latest figure from the Federal Reserve Bank of New York was its lowest level since January 2013, [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Jun 12 2015

  U.S. Producer Price Rebound Driven by Energy; Core Nudges Higher

  The overall Final Demand Producer Price Index rebounded 0.5% during May (-1.1% y/y) following an unrevised 0.4% April decline. It was the largest increase since September 2012. A 0.4% rise was expected in the Action Economics Forecast [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Jun 11 2015

  U.S. Retail Sales Show Broad-Based Strength

  Overall retail sales including food services & drinking places during May strengthened 1.2% (1.0% y/y) following gains of 0.2% and 1.5%. The April and March results were revised up from little-change and 1.1%. The May increase matched [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Jun 11 2015

  U.S. Business Inventory Growth Increases but Still Lags Sales

  Total business inventories increased 0.4% during April (2.6% y/y) following an unrevised 0.1% March uptick. During the last three months, inventory growth picked up to 3.2% (AR) from its January low of 0.1%. Total business sales [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Jun 11 2015

  U.S. Import Prices Increase as Petroleum Costs Jump

  Import prices increased 1.3% last month (-9.6% y/y) following a 0.2% April drop, revised from -0.3%. The Action Economics Forecast Survey anticipated a 0.8% rise. Prices of petroleum imports jumped 12.7% (-40.6% y/y) following two [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Jun 11 2015

  U.S. Initial Claims for Jobless Insurance Remain Low

  Initial unemployment insurance claims of 279,000 (-12.3% y/y) during the week June 6 compared to 277,000 during the prior week, initially reported as 276,000. The four week moving average rose to 278,750, the highest level since early [...]

  by:Tom Moeller

  |in:Economy in Brief