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 08 2013

  U.S. Payroll Job Gain Is Unexpectedly Strong; Jobless Rate Notches Up

  The job market posted surprising growth last month. Nonfarm payrolls increased 204,000 (1.7% y/y) during October following upwardly revised gains of 163,000 and 238,000 during the prior two months. A 122,000 gain had been expected [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Nov 08 2013

  U.S. Personal Income Increase Remains Firm

  Personal income in September increased 0.5% (3.7% y/y) following a 0.5% August rise. The gain beat expectations for a 0.3% increase. It reflected outsized increases of 1.9% (12.2% y/y) in proprietors income and 1.1% (10.3% y/y) in [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Nov 08 2013

  U.S. Consumer Sentiment Continues To Fall

  Consumer sentiment, as measured in the Reuters/University of Michigan survey, fell in early-November to a reading of 72.0 (-12.9% y/y). That compares to 73.2 last month and the June high of 85.1. This latest level was the lowest since [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Nov 08 2013

  U.S. Payroll Job Gain Is Unexpectedly Strong; Jobless Rate Notches Up

  The job market posted surprising growth last month. Nonfarm payrolls increased 204,000 (1.7% y/y) during October following upwardly revised gains of 163,000 and 238,000 during the prior two months. A 122,000 gain had been expected [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Nov 07 2013

  U.S. GDP Growth Improves To A 2.8% Rate

  The latest GDP figures can be found in Haver's USECON and USNA databases; USNA contains basically all of the Bureau of Economic Analysis' detail in the national accounts, including the new integrated economics accounts and the [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Nov 07 2013

  U.S. Consumers Ramp Up Credit Usage

  Consumer credit outstanding increased by $13.7 billion during September following a $14.2 billion August rise, revised from $13.6 billion. Expectations had been for a $12.0 billion increase, according to the Action Economics survey. [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Nov 07 2013

  U.S. GDP Growth Improves To A 2.8% Rate

  The pace of economic growth picked up last quarter. At 2.8% (AR, 1.6% y/y), Q3 growth in GDP followed a 2.5% advance in Q2. It was the firmest rise in four quarters and beat expectations for 2.0% in the Action Economics Forecast [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Nov 06 2013

  U.S. Mortgage Loan Applications Retreat; Interest Rates Remain Low

  The Mortgage Bankers Association reported that their total mortgage market index pulled back 7.0% last week (-41.5% y/y) and reversed the prior week's increase. Applications to refinance an existing loan retreated 7.9% and remained [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Nov 06 2013

  U.S. Leading Economic Indicators Post Another Firm Increase

  The index of Leading Economic Indicators, published by the Conference Board, again rose 0.7% during September (4.2% y/y). That remained the strongest since April. A 0.6% rise had been expected in the Action Economics Forecast Survey. [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Nov 06 2013

  Challenger Job Cut Announcements Edge Higher

  The outplacement firm of Challenger, Gray & Christmas reported that 45,730 job cuts (-4.2% y/y) were announced during October. The moderate increase from 40,289 in September reflected more layoffs in the pharmaceutical, media, [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Nov 05 2013

  U.S. Home Prices Continue to Firm

  According to the CoreLogic House Price Index, home prices including distressed sales inched up just 0.2% during September after a 0.7% August rise. The increase was the slowest since January. The y/y gain, however, improved to 12.0%, [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Nov 05 2013

  U.S. ISM Nonmanufacturing Index Improves Modestly

  The Composite Index for the service and construction sectors from the Institute for Supply Management (ISM) recovered moderately to 55.4 during October after a sharp decline to 54.4 in September. The gain beat consensus expectations [...]

  by:Tom Moeller

  |in:Economy in Brief