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| Mar 21 2013

  U.S. Initial Claims for Unemployment Insurance Tick Higher

  Initial claims for jobless insurance inched up to 336,000 during the week ended March 16 from 334,000 during the prior week (revised from 332,000). Consensus expectations were for 340,000 claims. The four week moving average of claims [...]

  by:Tom Moeller

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

  FOMC Projects Economic Improvement and Moderate Inflation

  As expected, the Federal Open Market Committee today left the Federal funds rate in a "range from 0 to 1/4 percent". The Fed funds rate has remained unchanged since late-2008 at its lowest level ever. The discount rate also was left [...]

  by:Tom Moeller

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

  U.S. Mortgage Applications Pull Back As Rates Stay Up

  The Mortgage Bankers Association index of total mortgage applications declined 7.1% (12.2% y/y) last week following a 4.7% decline during the prior period. Home purchase applications posted a 3.9% decline (+6.4% y/y). Applications to [...]

  by:Tom Moeller

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

  Chain Store Sales Are Firmer

  The International Council of Shopping Centers and Goldman Sachs reported that chain store sales gained 1.4% last week (2.3% y/y) to the highest level since early-January. These gains pulled sales so March sales 1.9% above the February [...]

  by:Tom Moeller

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

  U.S. Energy Prices Remain Firm

  The pump price for a gallon of regular gasoline fell by just 1 penny last week to $3.70 per gallon (-4.4% y/y), the third consecutive week of marginal decline. Despite the decline, prices remain up by 44 cents (13.6%) since the mid- [...]

  by:Tom Moeller

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

  U.S. Housing Starts & Building Permits Recover

  Last month saw a firming in home building activity. Total housing starts ticked up 0.8% (27.7% y/y) to 917,000 (AR) following a decline to 910,000 during January, initially reported as 890,000. The latest figure roughly matched the [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Mar 18 2013

  U.S. Home Builders Index Slips Again But Traffic Picks Up

  The Composite Housing Market Index from the National Association of Home Builders-Wells Fargo fell to 44 this month following a downwardly revised February reading of 46. Expectations were for 47 in March. Nevertheless, the index [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Mar 18 2013

  Empire State Factory Index Remains Positive

  The Federal Reserve Bank of New York reported that the Empire State Factory Index of General Business Conditions held above break-even in March, for the second consecutive month. The latest reading of 9.24 dipped from 10.04 in [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Mar 15 2013

  U.S. Industrial Production Recovers With Across-the-Board Gains

  Industrial production jumped 0.7% (2.5% y/y) during February following a 0.1% January uptick, earlier reported as a 0.1% dip. A 0.4% gain had been expected in the Action Economics survey. Firmer factory sector production led the [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Mar 15 2013

  U.S. Consumer Sentiment Backpedals

  The University of Michigan's Index of Consumer Sentiment in mid-March retreated to 71.8 (-5.8% y/y) from 77.6 in February. The latest was the lowest level since December 2011. The figure remained down versus the November high of 82.7 [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Mar 15 2013

  U.S. CPI Driven Up By Rebound in Energy Prices

  The consumer price index jumped 0.7% (2.0% y/y) during February following two months of having been unchanged. Expectations were for a 0.5% rise. Prices excluding food and energy matched expectations and rose 0.2% (2.0% y/y). The [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Mar 14 2013

  U.S. Current Account Deficit Declines Again

  The U.S. current account deficit lessened at the end of last year to $110.4B from $112.4B in Q3. A deeper deficit of $113.0B had been expected. The easing left the deficit to GDP ratio at 2.8%, its least in roughly three years. For [...]

  by:Tom Moeller

  |in:Economy in Brief