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| Sep 13 2011

  NABE Forecast For U.S. Growth Is Reduced Sharply

  The National Association for Business Economics reported another downward revision to the U.S. economic growth forecast. For this year, real GDP growth should average 1.7%, versus 2.8% expected three months ago. For next year, growth [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Sep 12 2011

  U.S. Wholesale Sales Are Flat Though Inventories Gain

  On Friday, the Commerce Department reported that sales in the wholesale sector were essentially unchanged during July after a 0.6% jump in June. A 0.8% increase had been generally expected. Holding back the increase was a 1.1% decline [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Sep 09 2011

  FIBER: Industrial Commodity Prices Find A Floor

  Industrial commodity prices recently have found stability after their downdraft one month ago. At 170.4, the latest price index reading from the Foundation for International Business and Economic Research (FIBER), which covers [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Sep 08 2011

  U.S. Trade Deficit Falls As Exports Jump

  The foreign trade deficit narrowed to $44.8B in July from a revised $51.6B in June, initially reported as $53.1B. Expectations had been for $51.0B, according to Action Economics. Exports jumped 3.6% and more-than-recovered the June [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Sep 08 2011

  U.S. Initial Claims for Jobless Insurance Rise

  Initial claims for unemployment insurance rose to 414,000 last week from 412,000 during the week prior (revised from 409,000). The latest figure exceeded expectations for 405,000 claims according to the Action Economics survey. The [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Sep 07 2011

  U.S. Mortgage Applications Down As Refinancing Cools

  The total index of mortgage applications fell 4.9% last week to 601.0 (March 16, 1990 = 100). The decline was due to a 6.3% drop in applications to refinance, down for the third straight week. Applications to purchase a home nudged up [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Sep 07 2011

  U.S. JOLTS Rate Is Stable But Layoffs Fall

  The Bureau of Labor Statistics reported in its Job Openings & Labor Turnover Survey (JOLTS) that the July job openings rate held steady m/m at 2.4%. The latest reading remained improved versus the recession low of 1.6%. The job [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Sep 07 2011

  U.S. Chain Store Sales Drop Sharply

  Consumer spending has lost forward momentum. Chain store sales fell 0.7% last week and were down 1.5% from the August average. Sales fell 1.8% during August but remained up 2.7% y/y. During the last ten years there has been a 66% [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Sep 07 2011

  U.S. Fuel Prices Rise Further

  The pump price for regular gasoline rose another four cents last week to $3.67 per gallon. Nevertheless, prices remained down twenty-nine cents since the May peak. Pump prices usually rise this time of year with increased seasonal [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Sep 06 2011

  U.S. ISM Nonmanufacturing Index Decline Stabilizes

  The August Composite Index for the service and construction sectors from the Institute for Supply Management (ISM) rose to 53.3 from an unrevised 52.7 during July. The figure beat Consensus expectations for a further decline to 51.0. [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Sep 02 2011

  U.S. Nonfarm Payrolls Are Depressed & Weak

  The job market showed no glimmer of improvement last month, held back by a strike, lower factory sector employment and lower earnings. An unchanged reading for nonfarm payrolls followed downward revisions to earlier numbers and [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Sep 01 2011

  U.S. Vehicle Sales Inch Lower

  For all the fears about consumer spending, automobiles remain on the shopping list.Unit sales of light vehicles during August slipped just 0.8% from July to 12.12M units (SAAR) following a 5.8% July increase. Sales continued a [...]

  by:Tom Moeller

  |in:Economy in Brief