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| May 03 2011

  Higher Prices Erode U.S. Wages And Threaten Consumer Spending

  Reported Friday was a hefty 0.6% gain in March disposable personal income. As we noted then, the strength of the nominal increase was limited to an outsized 2.7% rise in rental income, the third consecutive monthly such gain. Wage and [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| May 03 2011

  U.S. Gasoline Prices Increase Steadily

  There's been no let-up of the upward pressure on energy prices. Last week, the pump price for regular gasoline rose to $3.96 per gallon, the highest level since July, 2008. Typically, pump prices decline this time of year due to [...]

  by:Tom Moeller

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

  U.S. Construction Spending Recovers

  The value of construction spending rebounded 1.4% during March following a deepened 2.4% February decline. Consensus expectations as indicated by Actions Economics called for a 0.4% monthly gain. The rise in construction last month [...]

  by:Tom Moeller

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

  U.S. Factory Sector Growth Eases Again

  The Composite Index of activity in the factory sector from the Institute for Supply Management slipped again, last month to 60.4 from an unrevised 61.2 in March. The figure was higher than Consensus expectations for 59.6. The latest [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Apr 29 2011

  Chicago Fed Index Turns Positive

  The Chicago Fed reported that its National Activity Index (CFNAI) improved to a positive 0.26 last month. The gain was versus upwardly revised, positive readings this year that previously were reported as negative. Nevertheless, the [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Apr 29 2011

  U.S. Employment Cost Index Increases Y/Y

  The employment cost index for private industry workers rose 0.5% in Q1 for total compensation after an upwardly-revised 0.5% Q4'10 rise, initially reported as 0.4%. The Q1 increase matched expectations as tallied by Bloomberg. The [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Apr 29 2011

  U.S. Personal Income Gains But Spending Slows

  Personal income rose 0.5% during March following a 0.4% February increase, initially reported as 0.3%. A 0.4% gain had been expected. Disposable personal income gained 0.6%. Like last month, the increase in income was paced by a [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Apr 28 2011

  U.S. Pending Home Sales Improve

  The National Association of Realtors (NAR) reported that March pending sales of existing single-family homes rose 5.1% and added to the downwardly revised 0.7% February uptick. The m/m increase occurred across the country, again with [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Apr 28 2011

  U.S. Initial Unemployment Insurance Claims Jump

  Initial claims for jobless insurance rose last week to 429,000 from 404,000, initially reported as 403,000. The latest figure exceeded Consensus expectations for 392,000 claims and was the highest since the third week of January. The [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Apr 28 2011

  U.S. GDP Growth Slows

  Real GDP grew 1.8% (SAAR) last quarter, the weakest growth since Q2'10. The Q1 figure roughly equaled Consensus expectations for 1.9% growth. Weakness in last quarter's GDP components was widespread. Slower growth in personal [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Apr 27 2011

  FOMC Holds Interest Rates Unchanged

  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| Apr 27 2011

  U.S. Mortgage Applications and Interest Rates Retreat

  The Mortgage Bankers Association reported that overall mortgage applications fell 5.6% last week and reversed the prior week's gain. The latest was the lowest level since early-February. Applications to purchase a home fell 13.6% w/w. [...]

  by:Tom Moeller

  |in:Economy in Brief