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 23 2013

  U.S. New Home Sales Retrace All of This Year's Gains

  Fewer new home sales accompanied lower home prices last month. New home sales in July dropped 13.4% to 394,000 from 455,000 in June, initially reported as 497,000. The latest was the lowest number of new home sales since October. The [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Aug 22 2013

  U.S. Leading Economic Indicators Rise

  The index of Leading Economic Indicators, published by the Conference Board, increased 0.6% last month (3.1% y/y). The gain was the strongest since April and followed an unrevised no-change during June. A 0.5% rise had been expected [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Aug 22 2013

  FHFA Home Price Index Advances An Improved 7.7% Y/Y

  Home price appreciation continues to build momentum. The U.S. House Price Index from the Federal Housing and Finance Agency (FHFA) rose 0.7% during June after a slightly revised 0.8% May increase. A 0.6% gain had been expected in the [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Aug 22 2013

  U.S. Initial Claims for Unemployment Insurance Rebound

  Initial unemployment insurance claims rebounded to 336,000 (-10.2% y/y) in the week ended August 17 from 323,000 during the week prior, initially reported as 320,000. The figure remained nearly the lowest since October 2007. It [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Aug 21 2013

  U.S. Mortgage Applications Decline Sharply with Refinancings; Mortgage Rates Tick Higher

  Mortgage market activity continues to ease. The Mortgage Bankers Association reported that the total mortgage market index fell 4.6% (-45.2% y/y) last week. Applications to refinance an existing loan declined 7.7% (-57.1% y/y) and [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Aug 21 2013

  U.S. Existing Home Sales Jump to Highest Level Since 2007; Prices Remain Firm

  Last month was a busy one for home sellers. Sales of existing homes jumped 6.5% during July (17.2% y/y) to 5.390 mil. units (AR), according to the National Association of Realtors. The June figure was revised down slightly to 5.390. [...]

  by:Tom Moeller

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

  U.S. Chain Store Sales Soften

  Consumers have backed away from their earlier spending enthusiasm. The International Council of Shopping Centers and Goldman Sachs reported that chain store sales fell 1.9% last week (+2.2% y/y). So far this month sales have fallen [...]

  by:Tom Moeller

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

  U.S. Gasoline Prices Edge Down

  The price for a gallon of regular gasoline slipped one penny last week to $3.55 last week (-5.2% y/y). Prices remained down from the $3.78 per gallon peak reached late in February. Haver Analytics constructs seasonal factors to [...]

  by:Tom Moeller

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

  U.S. Chicago Fed National Activity Index Still Indicates Subpar Economic Growth

  The Chicago Federal Reserve indicated that its National Activity Index (CFNAI) remained negative last month. At -0.15, it was the sixth negative reading this year. The three-month moving average of deterioration moderated slightly to [...]

  by:Tom Moeller

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

  U.S. State Unemployment Rates Vary By Three Times, Highest-to-Lowest

  The overall U.S. rate of unemployment of 7.4% stood last month at its lowest level since December 2008. Improvement has registered across the country and gained momentum in many states. While the country's overall jobless rate is down [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Aug 16 2013

  U.S. Worker Productivity Gains Moderately in Q2 but Remains Unchanged Y/Y

  Nonfarm business sector productivity growth during Q2'13 improved 0.9% (SAAR) after two quarters of 1.7% decline. (Figures back through 2011 were revised.) Over the past year, worker productivity has been unchanged. This result [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Aug 16 2013

  U.S. Consumer Sentiment Falls Unexpectedly

  The reading from the Reuters/University of Michigan survey of consumer sentiment during mid-August fell sharply to 80.0 (+7.7% y/y) from an unrevised 85.1 in July. Consensus expectations had been for stability at 85.0. The latest [...]

  by:Tom Moeller

  |in:Economy in Brief