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| Sep 24 2014

  U.S. New Home Sales Jump to 2008 High

  New home sales during August surged 18.0% (33.3% y/y) to 504,000 from a revised 427,000 in July, initially reported as 412,000. It was the highest level of sales since May 2008. The increase easily beat expectations for 430,000 sales [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Sep 24 2014

  U.S. Mortgage Loan Applications Decline as Interest Rates Move Higher

  The Mortgage Bankers Association reported that their total Mortgage Market Volume Index declined 4.1% last week (-25.1% y/y) following the prior week's 7.9% rise. Applications were near the lowest level of the economic recovery. [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Sep 23 2014

  Richmond Federal Reserve Reports Continued Improvement in Activity

  The Federal Reserve Bank of Richmond reported that its September Composite Index of Manufacturing Sector activity improved to 14 from 12 in August. It was the highest level since February 2011. Driving the index higher was improvement [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Sep 23 2014

  U.S. Chain Store Sales Remain Depressed

  The International Council of Shopping Centers and Goldman Sachs reported that chain store sales ticked 0.1% higher last week following a sharp 2.6% decline during the prior week. They strengthened, however, by 4.1% y/y due to declines [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Sep 23 2014

  U.S. Gasoline Prices Fall Further

  The price for a gallon of regular gasoline declined to $3.35 last week (-4.1% y/y) and remained at the lowest level since mid-February. To account for seasonal patterns, Haver Analytics constructs factors for adjustment of pump [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Sep 23 2014

  U.S. FHFA Home Price Inflation Continues To Ease

  The U.S. House Price Index from the Federal Housing and Finance Agency (FHFA) ticked 0.1% higher (4.5% y/y) during July following a 0.3% June gain, revised from 0.4%. The latest increase was the weakest in three months and lowered the [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Sep 22 2014

  U.S. Existing Home Sales and Prices Retreat

  Sales of existing single-family homes declined 2.4% to 5.050 million (AR) during August (-5.3% y/y) from 5.140 million in July, last month reported as 5.150 million. Sales were 6.3% below the peak reached last July. The latest level [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Sep 22 2014

  Chicago Fed National Activity Index Weakens

  The Chicago Federal Reserve reported that its National Activity Index (CFNAI) for August eased to -0.21 from a downwardly revised 0.26 in July. The latest level was the first negative reading since January. The three-month moving [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Sep 19 2014

  U.S. Leading Economic Indicators Index Continues to Improve

  The Index of Leading Economic Indicators, from the Conference Board, gained 0.2% during August (6.8% y/y) following a revised 1.1% July rise. The latest improvement was the least since January's slight decline. The series was, [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Sep 18 2014

  Philadelphia Fed Business Conditions Index Slips but Remains Firm

  The Philadelphia Federal Reserve Bank reported that its General Business Conditions Index for September edged down to 22.5 from 28.0 in August. Despite the decline, the figure remained near the highest point since March 2011. It [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Sep 18 2014

  U.S. Initial Unemployment Insurance Fall to July Low

  Initial claims for jobless insurance fell to 280,000 during the week ended September 13 from 316,000 in the prior week, revised from 315,000. The Action Economics Forecast Survey expected 305,000 in the latest week. The four-week [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Sep 18 2014

  U.S. Housing Starts and Building Permits Decline

  Housing starts during August slumped 14.4% to 956,000 AR (+8.0% y/y) following a 22.9% July jump to 1,117,000, revised from 1,093,000. The latest level missed expectations for 1,035,000 starts in the Action Economics Forecast Survey. [...]

  by:Tom Moeller

  |in:Economy in Brief