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| May 09 2013

  U.S. Wholesale Inventories Increase as Sales Move Lower

  Inventories at the wholesale level rose 0.4% (4.7% y/y) during March following a 0.3% slip in February. Inventories of hardware, plumbing and heating equipment led the rise with a 2.1% gain (8.3% y/y) while apparel inventories were up [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| May 09 2013

  U.S. Initial Unemployment Insurance Claims Continue Downward

  Momentum behind the labor market's improvement is building. Initial claims for unemployment insurance fell to 323,000 (-11.7% y/y) during the week ended May 4 from a revised 327,000 during the prior week, initially reported as [...]

  by:Tom Moeller

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

  U.S. Mortgage Applications Jump With More Refinancings

  Lower interest rates are strengthening activity in the home mortgage market. The index of total mortgage applications from the Mortgage Bankers Association jumped 7.0% last week and by one-third versus last year. The rise reflected an [...]

  by:Tom Moeller

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

  U.S. Chain Store Sales Back Away From Historic High

  The consumer took a break from spending more at the mall last week. The International Council of Shopping Centers and Goldman Sachs reported that chain store sales fell 1.0% (+2.4% y/y). As a result, store sales began the month of May [...]

  by:Tom Moeller

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

  U.S. Consumer Credit Growth Slackens, For Now

  Following many months of double-digit gains, consumer credit growth calmed down in March, according to the Federal Reserve. Nevertheless, the $8.0B monthly rise still left the annual gain close to its strongest since early-2008. The [...]

  by:Tom Moeller

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

  U.S. JOLTS: Job Openings Rate Remains Firm But Hiring Lags

  The Bureau of Labor Statistics reported in its Job Openings & Labor Turnover Survey (JOLTS) that the March job openings rate held m/m at 2.8%. The latest remained the highest since June of last year and equaled the recovery high. The [...]

  by:Tom Moeller

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

  U.S. Gasoline and Crude Oil Prices Are Higher

  Petroleum prices in the past have shown a nasty habit of firming with the onset of the summer driving season. The price of regular gasoline inched up two cents last week to $3.54 per gallon (-6.6% y/y). Prices reached a peak of $3.78 [...]

  by:Tom Moeller

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

  U.S. Unemployment: Age, Sex and Race Matter a Lot

  It's obvious that when it comes to most things, a person's age, sex and race matter. Within the Bureau of Labor Statistics Household Sector Survey, the differences are eye popping. To start, the April unemployment rate for women aged [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| May 03 2013

  U.S. ISM Nonmanufacturing Index Deteriorates Along With Pricing Power

  The Activity Index for the service and construction sectors from the Institute for Supply Management (ISM) declined further to 53.1 last month from 54.4 during March. This latest level was the lowest in nine months and disappointed [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| May 03 2013

  U.S. Employment Growth Recovers; Jobless Rate Continues Lower

  The labor market rebounded somewhat last month following its March disappointment. Nonfarm payroll employment increased 165,000 (1.6% y/y) during April. That followed upwardly revised gains of 138,000 and 332,000 during the prior two [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| May 02 2013

  U.S. Worker Productivity Recovers Slightly

  Nonfarm business sector productivity during Q1'13 rose 0.7% (SAAR). That was a rebound from the 1.7% decline during Q4'12. That left the y/y gain of 0.9% on a par with the slow growth rates of 2011 and 2012. Real output rose at a 2.5% [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| May 02 2013

  U.S. Trade Deficit Falls Sharply As Imports Tumble

  The U.S. foreign trade deficit during March declined to $38.8B from $43.6B in February, revised from $43.0B. A $42.5B deficit had been expected. A sharp 2.8% decline in imports (-5.6% y/y) was behind the improvement Exports also were [...]

  by:Tom Moeller

  |in:Economy in Brief