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| Nov 19 2013

  U.S. Chain Store Sales Are Slightly Improved

  The International Council of Shopping Centers and Goldman Sachs reported that chain store sales ticked 0.1% higher (2.8% y/y) last week following a 1.7% rise the week earlier. For the month so far, sales have recovered half of [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Nov 19 2013

  U.S. Gasoline Price Decline Stabilizes as Demand Firms

  The price for a gallon of regular gasoline edged 3 cents higher last week to $3.22 (-6.1% y/y), but remained near the lowest level since February 2011. They're down from the $3.78 per gallon peak reached late in February. Much of the [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Nov 19 2013

  U.S. Employment Cost Index Gain Paced by Benefits Increase

  The employment cost index for private industry workers increased 0.4% (1.9% y/y) in Q3'13, following an unrevised 0.6% rise in Q2. The result was weaker than consensus expectations for a 0.5% gain. Benefit costs increased 0.6% (2.0% [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Nov 18 2013

  U.S. Home Builders Index Is Steady Following Sharp October Decline

  The Composite Housing Market Index from the National Association of Home Builders-Wells Fargo was unchanged at 54 this month after a 3 point decline in October, last month reported as a 2 point dip. This latest figure was weaker than [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Nov 15 2013

  U.S. Home Affordability Enhanced by Lower Home Prices

  The National Association of Realtors reported that its September Housing Affordability Composite Index recovered to 164.3 from 158.0 during August. The Affordability Index reached a peak of 213.6 in January when average mortgage [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Nov 15 2013

  U.S. Import and Export Prices Move Lower

  Import prices fell 0.7% last month (-2.0% y/y) following a 0.1% September uptick. Consensus expectations were for a 0.3% decline. A 3.6% drop (-4.1% y/y) in petroleum import prices was accompanied by a 0.1% uptick (-1.3% y/y) in [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Nov 15 2013

  U.S. Industrial Production Total Slips But Factory Output Gains

  Industrial production slipped 0.1% during last month (+3.3% y/y) following an unrevised 0.6% September increase. A 0.2% gain had been expected in the Action Economics survey. A 1.1% pullback (-0.8% y/y) in utility output held back [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Nov 15 2013

  Empire State Factory Index Weakens Further

  The Federal Reserve Bank of New York reported that its Empire State Factory Index of General Business Conditions for November fell to -2.21 from an unrevised 1.52 in October. It was the first negative reading since May and [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Nov 14 2013

  U.S. Worker Productivity Growth is Steady

  Nonfarm business sector productivity matched expectations and grew 1.9% last quarter, roughly the same as during Q2, revised up from no-change. Over the past year, however, worker productivity has been unchanged. Output rose 3.7% last [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Nov 14 2013

  U.S. Initial Claims for Unemployment Insurance Fall Again

  Initial claims for jobless insurance fell to 339,000 (-24.8% y/y) during the week ended November 9 from the previous week's 341,000, revised up from 336,000. Expectations had been for 330,000 claims. The four-week moving average of [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Nov 14 2013

  U.S. Trade Deficit Deepens; Shortfall with China Sets Record

  The U.S. foreign trade deficit increased sharply to $41.8 billion in September compared to a little-revised $38.7 billion during August. The latest figure was the deepest since May. A $39.0 billion deficit had been expected in the [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Nov 13 2013

  U.S. Budget Deficit Shrinks; Revenues Jump and Spending Falls

  The Federal Government ran a $91.6 billion budget deficit during October of FY 2014. During October of last year the government ran a $120.0 billion deficit. The latest figure compared to the Action Economics Forecast Survey [...]

  by:Tom Moeller

  |in:Economy in Brief