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| Jun 12 2013

  U.S. Mortgage Rates Continue Higher And Depress Refinancings

  The home mortgage market looks somewhat different given the recent surge in interest rates. The effective rate on a 15-year mortgage rose to 3.42% last week, up 53 basis points from early May and the highest level since April 2012. [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Jun 11 2013

  U.S. JOLTS: Job Openings Rate Falls But Hiring Improves

  The Bureau of Labor Statistics reported in its April Job Openings & Labor Turnover Survey (JOLTS) that the job openings rate slipped m/m to 2.7% from an unrevised 2.8% in March. The job openings rate is the number of job openings on [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Jun 11 2013

  U.S. Petroleum Prices Tick Higher

  The price of regular gasoline notched up last week to $3.66 per gallon, up 2.3% versus last year. Prices remain below 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| Jun 11 2013

  U.S. Small Business Optimism Continues To Improve

  Small businesses are feeling better about the prospects for growth. The National Federation of Independent Business reported that its Small Business Optimism Index increased further during May to a seasonally adjusted 94.4 from 92.1. [...]

  by:Tom Moeller

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

  U.S. Consumer Credit Growth Remains Moderate

  Usage of consumer credit picked up in April but trend growth remained moderate, according to the Federal Reserve. Credit grew $11.1B (5.9% y/y) following an $8.4B increase during March, initially reported as $8.0B. These increases [...]

  by:Tom Moeller

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

  U.S. Employment Growth and Unemployment Rate Rise a Bit

  Nonfarm payroll employment increased 175,000 (1.6% y/y) during May. That followed revised gains of 149,000 and 142,000 during the prior two months, earlier reported as 165,000 and 138,000, respectively. Consensus expectations were for [...]

  by:Tom Moeller

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

  U.S. Initial Unemployment Insurance Claims Fall Back

  Initial unemployment insurance claims fell to 346,000 (-7.5% y/y) during the week ended June 1 from a revised 357,000, initially reported as 354,000. Consensus expectations were for 345,000 claims. The four week moving average of [...]

  by:Tom Moeller

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

  U.S. Worker Productivity is Revised Down but Compensation & Unit Labor Costs Decline Significantly

  Nonfarm business sector productivity growth during Q1'13 was revised slightly downward to 0.5% (SAAR) from 0.7% reported initially. That was a rebound from the 1.7% decline during Q4'12. It left the y/y gain of 0.9% on a par with the [...]

  by:Tom Moeller

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

  U.S. ISM Nonmanufacturing Index Increases Modestly

  The Activity Index for the service and construction sectors from the Institute for Supply Management (ISM) improved to 53.7 during May from 53.1 during April. This latest level, nevertheless, remained the lowest in nine months and [...]

  by:Tom Moeller

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

  U.S. ADP Jobs Survey Indicates Moderate Hiring

  Companies remain hesitant to significantly ramp up new job creation. The ADP/Moody's National Employment Report showed a 136,000 rise (1.6% y/y) in non-farm private sector jobs last month. That followed revised increases of 112,000 [...]

  by:Tom Moeller

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

  U.S. Worker Productivity is Revised Down but Compensation & Unit Labor Costs Decline Significantly

  Nonfarm business sector productivity growth during Q1'13 was revised slightly downward to 0.5% (SAAR) from 0.7% reported initially. That was a rebound from the 1.7% decline during Q4'12. It left the y/y gain of 0.9% on a par with the [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Jun 04 2013

  U.S. Petroleum Prices Remain Unchanged

  The price of regular gasoline held steady last week at $3.65 per gallon and remained down just slightly versus last year. Prices remain below the $3.78 per gallon peak reached late in February. Haver Analytics constructs seasonal [...]

  by:Tom Moeller

  |in:Economy in Brief