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 12 2014

  U.S. Import and Export Prices Tick Higher

  Import prices nudged up 0.1% during May (0.4% y/y) following a 0.5% April decline, last month reported as -0.4%. A 0.2% increase had been expected in the Action Economics Forecast Survey. A 1.1% rise (3.0% y/y) in petroleum prices [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Jun 12 2014

  U.S. Initial Claims for Jobless Insurance Recover to Three-Week High

  The rate of labor market improvement is evening out. Initial claims for jobless insurance increased to 317,000 during the week ended June 7 from 313,000 in the prior week, revised up from 312,000. A 315,000 level of claims was [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Jun 12 2014

  U.S. Retail Sales Post Uneven Increases

  The improved labor market is spurring more consumer purchases. Retail and food service sales gained 0.3% during May following a 0.5% April advance, revised from 0.1%. A 0.5% increase had been expected in the Action Economics Forecast [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Jun 11 2014

  U.S. Budget Deficit Continues to Shrink

  The Federal Government posted a $130.0 billion budget deficit during May of FY 2014. The latest figure compared to expectations for a $143.9 billion deficit in the Action Economics Forecast Survey. In the first eight months of this [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Jun 11 2014

  U.S. Mortgage Loan Applications Bounce Back; Interest Rates Creep Higher

  The Mortgage Bankers Association reported that their total Mortgage Market Volume Index increased 10.3% last week (-42.3% y/y) following two weeks of decline. Nevertheless, applications remained two-thirds below the peak in September [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Jun 10 2014

  U.S. Wholesale Sales and Inventories Continue to Rise

  Wholesale sales increased 1.3% (7.8% y/y) during April following March's 1.6% gain, last month set at 1.4%. Durable goods sales gained 1.7% (6.0% y/y) led by a 3.1% jump (6.3% y/y) in furniture sales. Motor vehicle & parts sales [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Jun 10 2014

  U.S. JOLTS: Job Openings Rate Increases to Highest Level Since 2007

  Further indication of labor market improvement came today. The Bureau of Labor Statistics reported in its Job Openings & Labor Turnover Survey (JOLTS) that the job openings rate increased to 3.1% during April from a revised 2.9% in [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Jun 10 2014

  U.S. Energy Prices Continue to Meander Sideways

  The price for a gallon of regular gasoline slipped to $3.67 last week (0.5% y/y) versus $3.69 to begin the month of June. The price has been near the current level since April and remained down from the $3.78 per gallon peak reached [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Jun 10 2014

  U.S. Small Business Optimism Improves Further

  The National Federation of Independent Business reported that its Small Business Optimism Index gained to 96.6 during May after improvement to 95.2 in April. The latest level was its highest since September 2007, just before the [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Jun 09 2014

  NABE Forecast of Improving Economic Growth is Little-Changed

  The National Association for Business Economics has released new forecasts for U.S. real economic activity. Expectations for 3.1% real GDP growth in 2015 following a 2.5% advance this year are unchanged. Quarterly growth is expected [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Jun 06 2014

  U.S. Consumer Credit Growth Accelerates

  Individuals' credit usage has picked up with confidence in the staying power of the economic expansion. The Federal Reserve Board reported that consumer credit outstanding increased $26.8 billion during April following a $19.5 billion [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Jun 06 2014

  U.S. Payroll Increase Moderates; Jobless Rate is Stable at Six-Year Low

  Nonfarm payrolls increased 217,000 during May following little-revised gains of 282,000 and 203,000 during the prior two months. A 220,000 increase had been expected in the Action Economics Forecast Survey. The unemployment rate [...]

  by:Tom Moeller

  |in:Economy in Brief