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 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
• Global| Sep 01 2011

  U.S. Construction Spending Reverses Earlier Decline; 2011 Figures Are Revised Up

  To repeat last month's observation, the construction sector was not in as dire straights as previously shown, but growth still has been negligible. The value of construction spending during July fell 1.3% but that just reversed a [...]

  by:Tom Moeller

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

  U.S. Labor Productivity Growth Is Worse Than Reported Earlier

  Revised figures for Q2'11 labor productivity in the nonfarm business sector paint a dimmer picture of growth. The revised number fell 0.7% (AR) after the earlier report of a 0.3% slip. The decline matched that in Q1. The figures [...]

  by:Tom Moeller

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

  U.S. ISM Factory Index Dips Just Slightly

  The Institute for Supply Management reported that its August Composite Index of factory sector activity dropped slightly to 50.6 from an unrevised 50.9 in July. Nevertheless, the figure was nearly the lowest since the economic [...]

  by:Tom Moeller

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

  U.S. Initial Claims for Jobless Insurance Retreat

  Initial claims for unemployment insurance fell to 409,000 in the week ended August 27, down from 421,000 during the prior week (revised from 417,000). The latest figure roughly matched an expected 407,000 according to the Action [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Aug 31 2011

  U.S. Factory Orders Rebound

  Manufacturing orders jumped 2.4% during July after a revised 0.4% June slip. Consensus expectations were for a 1.8% gain. For durable goods only orders rose 4.1% which roughly equaled the gain in the advance report. Nondurable goods [...]

  by:Tom Moeller

  |in:Economy in Brief