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 13 2012

  U.S. PPI Declines But Core Price Increase Remains Steady

  The producer price index for finished goods fell 1.0% during May following an unrevised 0.2% decline during April. The latest was the largest one-month decline since July 2009. Expectations were for a 0.6% May drop. Core pricing power [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Jun 13 2012

  U.S. Retail Sales Again Are Weak

  That makes two consecutive months during which consumers lost their inclination to spend. Retail sales slipped 0.2% during May following downward revisions to sales during the prior two months. The April decline of 0.2% was revised [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Jun 12 2012

  U.S. and International Pricing Power Evaporates

  Less liquidity, weakness in the global economy and increased competition have taken a toll on international pricing power. U.S. import prices matched expectations and fell 1.0% during May following no-change in April, initially pegged [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Jun 12 2012

  U.S. Chain Store Sales Fall

  Consumers' inclination to visit the mall has diminished of late. Chain store sales declined 0.7% last week (+2.9% y/y) to the lowest level in two months. Sales in June are 3.8% below the high April average. During the last ten years [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Jun 12 2012

  U.S. Petroleum Prices Post A Further Decline

  They've been falling now for two months. Last week, the pump price of regular gasoline again declined four cents to $3.57 per gallon. Since early April prices have fallen thirty seven cents (-9.4%) and they've retraced roughly one- [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Jun 12 2012

  U.S. Small Business Optimism Remains High; Pricing Power Eases

  The National Federation of Independent Business reported that its May Small Business Optimism Index slipped to 94.4 from an unrevised 94.5 in April. The latest level remained near the economic recovery high of last February. The [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Jun 11 2012

  FIBER: Industrial Commodity Price Declines Are Broad-Based

  A loss of forward economic momentum in industrial countries, worldwide, has prompted notable commodity price declines across categories. At 163.7, the latest price index from the Foundation for International Business and Economic [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Jun 08 2012

  U.S. Trade Deficit Narrows Slightly

  The U.S. foreign trade deficit during April narrowed marginally to $50.1B from a revised $52.6B in March, last month reported as $51.8B. Figures back to January 2009 were revised. Expectations were for a deficit of $49.5B. Exports [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Jun 07 2012

  U.S. Consumer Credit Growth Eases

  Growth in consumer credit outstanding is positive, just not like estimated earlier. It increased $6.5B (AR) in April following a $12.4B March gain, initially reported as $21.3B. During the prior four months, increases averaged $15.0B [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Jun 07 2012

  U.S. Initial Claims for Jobless Insurance Slip

  Initial claims for unemployment insurance totaled 377,000 during the week of June 2 compared to 389,000 during the week prior, revised up from 383,000. Consensus expectations were for 380,000 new filings. The four-week moving average [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Jun 06 2012

  U.S. Mortgage Applications Recover

  The Mortgage Bankers Association index of total mortgage applications increased 1.3% (55.5% y/y) last week and reversed the prior week's decline. Applications to refinance gained 2.0% (80.8% y/y) but home purchase applications fell [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Jun 06 2012

  U.S. Labor Productivity Is Revised Downward

  Labor productivity for Q1'12 was weaker than reported initially. However, the -0.9% (AR) revised figure was accompanied by a bigger downward revision to compensation growth to 0.4%. As a result, growth in unit labor costs was lessened [...]

  by:Tom Moeller

  |in:Economy in Brief