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| Sep 26 2013

  U.S. Pending Home Sales Continue To Decline

  The National Association of Realtors (NAR) reported that August pending sales of single-family homes declined 1.6% m/m, down for the third straight month. Despite the loss of forward momentum, sales were at the highest level since [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Sep 26 2013

  U.S. GDP Growth Is Unrevised

  The third estimate of U.S. economic growth last quarter of 2.5% (AR, 1.6% y/y) was the same as last month's figure. The rise was near the expected 2.6% gain in the Action Economics Forecast Survey. Nevertheless, the figure represented [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Sep 26 2013

  U.S. Initial Claims for Jobless Benefits Unexpectedly Move Lower

  Labor market improvement is continuing in full swing. Initial claims for unemployment insurance fell to 305,000 during the week ended September 21 from 310,000 in the prior week, revised from 309,000. Expectations had been for an [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Sep 25 2013

  U.S. Mortgage Applications Increase Again As Interest Rates Decline

  The Mortgage Bankers Association reported that the total mortgage market index increased another 5.5% (-48.4% y/y) last week and added to its 11.2% increase during the prior week. Home purchase mortgage applications rose 6.6% (7.3% [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Sep 25 2013

  U.S. New Home Sales Recover Moderately As Prices Drop Further

  New home sales during August gained 7.9% to 421,000 after a 14.1% July decline to 390,000, initially reported as 394,000. The figure roughly matched expectations for 418,000 sales in the Action Economics Forecast Survey. These volume [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Sep 25 2013

  U.S. Durable Goods Orders Tick Higher With Rebound in Transportation

  New orders for durable goods edged up 0.1% last month (13.7% y/y) following a revised 8.1% slump during July, earlier reported as a 7.3% drop. The figure roughly matched expectations in the Action Economics Forecast Survey. A modest [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Sep 24 2013

  U.S. Energy Prices Weaken Again

  The price of regular gasoline declined another 5 cents last week to $3.50 per gallon (-8.7% y/y). Prices remained down from the $3.78 per gallon peak reached late in February. Haver Analytics constructs seasonal factors to account for [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Sep 24 2013

  U.S. Consumer Confidence Declines To Lowest Since May

  The Conference Board's Consumer Confidence Index fell to 79.7 this month versus 81.8 during August, last month reported as 81.5. The level of the confidence index peaked at 82.1 in June. Consensus expectations were for a decline to [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Sep 24 2013

  U.S. Case-Shiller Home Price Index Increase Slows Again

  The rate of home price inflation is continuing to ease. The seasonally adjusted Case-Shiller 20 City Home Price Index rose 0.6% in July (12.4% y/y) following two months of 0.9% increase. It was the fourth consecutive month of lessened [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Sep 23 2013

  U.S. Chicago Fed National Activity Index Improves

  The Chicago Federal Reserve indicated that its National Activity Index (CFNAI) jumped last month. The August reading of 0.14 was the first positive figure in six months. There were, however, qualifiers regarding the degree of [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Sep 20 2013

  U.S. State Unemployment Rates Move Lower

  The overall U.S. unemployment rate moved declined last month to 7.3%. While the rate's improvement was widespread, it continued to reflect great variation amongst individual states. Nevada continued to be at the high end of the [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Sep 20 2013

  U.S. State Unemployment Rates Move Lower

  The overall U.S. unemployment rate declined last month to 7.3%. While the rate's improvement was widespread, it continued to reflect great variation amongst individual states. Nevada continued to be at the high end of the jobless [...]

  by:Tom Moeller

  |in:Economy in Brief