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 29 2014

  U.S. Personal Spending Dips As Savings Increase

  Personal consumption expenditures edged 0.1% lower last month (+3.6% y/y) following an unrevised 0.4% June increase. It was the first decline in six months. A 0.2% rise had been expected in the Action Economics Forecast Survey. When [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Aug 28 2014

  Kansas City Fed Factory Sector Activity Weakens M/M

  The Federal Reserve Bank of Kansas City reported that its August Composite index of 10th District factory sector activity deteriorated to 3, the lowest level since December. The composite index is an average of the production, new [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Aug 28 2014

  U.S. Initial Unemployment Claims Are Little-Changed

  Initial claims for jobless insurance during the week ended August 23 slipped to 298,000 from 299,000 in the prior week, revised from 298,000. The latest figure compared to expectations for 300,000 claims in the Action Economics [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Aug 28 2014

  U.S. Pending Home Sales Recover

  Pending sales of single-family homes jumped 3.3% (-2.1% y/y) during July, according the National Association of Realtors (NAR), following a little-revised 1.3% June decline. The increase was to the highest level since last August. [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Aug 28 2014

  U.S. GDP Growth Is Revised Up; Corporate Profits Surge

  The economic recovery garnered more strength than estimated earlier. The second GDP estimate for Q2 indicated a 4.2% rate of growth, revised up from 4.0%. The gain followed a 2.1% Q1 decline and beat expectations for 3.9% growth in [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Aug 27 2014

  U.S. Food Price Inflation Runs Hot

  Following a muted performance during all of last year, the cost of food is again leading consumer prices higher. During the last twelve months, the consumer price index for food has risen 2.6%, well ahead of nonfood price inflation of [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Aug 27 2014

  U.S. Mortgage Loan Applications Increase as Financing Remains Cheap

  The Mortgage Bankers Association reported that their total Mortgage Market Volume Index rose 2.8% last week (-19.9% y/y) after the prior week's 1.4% gain. Applications were at the highest level since early last month. Applications to [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Aug 26 2014

  U.S. Energy Prices Remain Under Pressure

  The price for a gallon of regular gasoline declined two cents last week to $3.45 (-2.8% y/y). Prices remained down from the $3.78 per gallon peak reached in February of last year. To account for seasonal volatility, Haver Analytics [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Aug 26 2014

  U.S. Consumer Confidence Continues To Improve

  The Conference Board reported that their reading of consumer confidence improved 2.3% this month to 92.4 (13.0% y/y) from 90.3 in July, revised from 90.9. The latest figure beat expectations for 88.8 in the Action Economics Forecast [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Aug 26 2014

  U.S. FHFA Home Price Index Growth Decelerates Y/Y

  The U.S. House Price Index from the Federal Housing and Finance Agency (FHFA) gained 0.4% during June (5.1% y/y) after a 0.2% May increase, revised from 0.4%. The latest increase was the strongest in three months but it left the 5.1% [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Aug 26 2014

  U.S. Durable Goods Orders Soar With Aircraft Bookings

  New orders for durable goods surged 22.6% last month (33.8% y/y) following a 2.7% June gain, revised from 0.7%. A 5.5% rise had been expected in the Action Economics Forecast Survey. The increase reflected a 318% jump (474% y/y) in [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Aug 25 2014

  Dallas Fed Factory Sector Activity and Outlook Deteriorate

  The Federal Reserve Bank of Dallas reported that its August Composite index covering Texas factory sector activity declined to 7.1 from 12.7 in July. The latest figure was the lowest since March. The deterioration reflected lower new [...]

  by:Tom Moeller

  |in:Economy in Brief