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| Jul 11 2013

  U.S. Import and Export Prices Continue Lower

  Import prices fell 0.2% last month (+0.2% y/y) following a revised 0.7% May decline, initially reported as -0.6%. No change in prices had been expected in the Action Economics survey. In a switch from prior months, lower prices for [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Jul 10 2013

  U.S. Wholesale Inventories Decline As Sales Rebound

  Inventories at the wholesale level fell 0.5% (+3.3% y/y) during May following a 0.1% slip in April. A 6.0% decline (-6.3% y/y) in farm product inventories led the decline. Inventories of metals fell 1.7% (-3.1% y/y) following sharp [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Jul 10 2013

  U.S. Chain Store Sales Jump To New High

  Consumers regained their footing this month and ramped up spending. The International Council of Shopping Centers and Goldman Sachs reported that chain store sales surged 3.0% last week (2.9% y/y) to a record high. That gain raised [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Jul 10 2013

  U.S. Mortgage Applications Decline Further With Elevated Rates

  The Mortgage Bankers Association reported that total applications for a home mortgage fell 4.0% (-33.3% y/y) last week, extending the decline to 43.6% since early-May. Last week's shortfall reflected a 4.4% drop (-38.4% y/y) in [...]

  by:Tom Moeller

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

  U.S. Gasoline Prices Slip But Crude Oil Breaks $100.00 per Barrel

  The price of regular gasoline edged lower last week to $3.49 per gallon. That remained its lowest level since early January. Prices were well below the $3.78 per gallon peak reached late in February. Haver Analytics constructs [...]

  by:Tom Moeller

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

  U.S. JOLTS: Job Openings Rate Holds Steady

  The Bureau of Labor Statistics reported in its May Job Openings & Labor Turnover Survey (JOLTS) that the job openings rate remained steady m/m at 2.7% in May. The trend, however, has been sharply upward. The job openings rate is the [...]

  by:Tom Moeller

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

  U.S. Small Business Optimism Backpedals Somewhat

  The National Federation of Independent Business reported that its Small Business Optimism Index slipped during June to a seasonally adjusted 93.5 from 94.4 in May. The figure, nevertheless, was just below its highest level of the [...]

  by:Tom Moeller

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

  U.S. Job Growth Strengthens; Unemployment Rate Is Stable

  Nonfarm payroll employment during June increased 195,000 (1.7% y/y). That followed revised gains of 195,000 and 199,000 during the prior two months, earlier reported as 175,000 and 149,000, respectively. Consensus expectations were [...]

  by:Tom Moeller

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

  U.S. Trade Deficit Deteriorates Sharply

  The U.S. foreign trade deficit increased during May to its deepest in six months. The May deficit of $45.0 billion compared to a little-revised $40.1 billion in April. A $40.0 billion deficit had been expected. A 1.9% rebound (0.7% [...]

  by:Tom Moeller

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

  U.S. ISM Nonmanufacturing Index Deteriorates To Three-Year Low

  The Composite Index for the service and construction sectors from the Institute for Supply Management (ISM) fell to 52.2 during June from 53.7 in May. This latest level was the lowest since February 2010 and disappointed consensus [...]

  by:Tom Moeller

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

  U.S. Initial Claims for Jobless Insurance Decline Modestly

  Initial unemployment insurance claims fell to 343,000 (-8.3% y/y) during the week ended June 29 from an upwardly revised 348,000 during the week prior. Consensus expectations were for 345,000 claims. The four week moving average of [...]

  by:Tom Moeller

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

  U.S. ADP Jobs Survey Shows Improved Hiring

  The rate of new job creation has strengthened moderately. The ADP/Moody's National Employment Report showed a 188,000 rise (1.7% y/y) in non-farm private sector jobs last month. That followed revised increases of 134,000 and 124,000 [...]

  by:Tom Moeller

  |in:Economy in Brief