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 25 2014

  U.S. New Home Sales and Prices Continue Lower

  The market for new homes hit a soft patch during the last two months. New home sales during July fell 2.4% (+12.3% y/y) to 412,000 following June's decline to 422,000, initially reported as 406,000. The figures compare to May's peak [...]

  by:Tom Moeller

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

  Chicago Fed National Activity Index Indicates Improved Economic Growth

  The Chicago Federal Reserve reported that its National Activity Index (CFNAI) for July increased to 0.39 from 0.21 in June, revised from 0.12. The latest level was its highest since March. The three-month moving average improved to [...]

  by:Tom Moeller

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

  U.S. Monetary Policy Is Less Accommodative

  The Federal Reserve has been reducing the growth in monetary liquidity. Three separate indicators suggest that the effort has been pervasive. 1) Money growth has been stable during the last several years and is down from its peak [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Aug 21 2014

  Philadelphia Fed Business Conditions Index Improves; Expectations Surge

  The Philadelphia Federal Reserve Bank reported that its General Business Conditions Index for August jumped to 28.0 from 23.9 in July. The figure was at the highest point since March 2011 and it exceeded consensus expectations for a [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Aug 21 2014

  U.S. Existing Home Sales Increase to Ten-Month High

  Sales of existing single-family homes strengthened 2.4% to 5.150 million (AR) during July from 5.030 million in June, last month reported as 5.040 million. Sales were at the highest level since last September, but nevertheless [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Aug 21 2014

  U.S. Initial Claims for Unemployment Insurance Slip

  Initial claims for jobless insurance during the week ended August 16 eased to 298,000 from 312,000 in the prior week, revised from 311,000. The latest figure compared to expectations for 300,000 claims in the Action Economics Forecast [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Aug 20 2014

  U.S. Mortgage Loan Applications Continue To Track Sideways

  The Mortgage Bankers Association reported that their total Mortgage Market Volume Index improved 1.4% last week (-24.0% y/y) after the prior week's 2.7% decline. Applications remained two-thirds below the peak in September 2012. [...]

  by:Tom Moeller

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

  U.S. Energy Prices Continue to Decline

  The price for a gallon of regular gasoline declined four cents last week to $3.47 (-2.2% 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 19 2014

  U.S. Housing Starts Recover to Eight-Month High

  Housing starts during July jumped 15.7% to 1,093,000 AR (21.7% y/y) following a 4.0% June decline to 945,000, revised from 893,000. The latest level was the highest since November and easily beat expectations for 965,000 starts in the [...]

  by:Tom Moeller

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

  U.S. Consumer Price Inflation Touches Five-Month Low

  The consumer price index ticked 0.1% higher (2.0% y/y) during July following a 0.3% June gain. The reading was the easiest increase since February and matched consensus expectations in the Action Economics Forecast Survey. Consumer [...]

  by:Tom Moeller

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

  U.S. Consumer Price Inflation at Five-Month Low

  The consumer price index ticked 0.1% higher (2.0%% y/y) during July following a 0.3% June gain. The reading was the easiest increase since February and matched consensus expectations in the Action Economics Forecast Survey. Consumer [...]

  by:Tom Moeller

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

  U.S. Home Builders Index Climbs To Six-Month High

  Activity in the housing garnered strength this summer. The Composite Housing Market Index from the National Association of Home Builders-Wells Fargo improved to 55 during August from an unrevised from 53 in July. The latest figure was [...]

  by:Tom Moeller

  |in:Economy in Brief