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 24 2010

  U.S. New Home Sales Remain Near Record Low; Prices Fall to 2003 Level

  With no government help and no jobs growth, home sales remain mired. The Census Department indicated that August new home sales were even with July at 288,000. July's figure was revised up from 276,000 while May sales of 282,000 were [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Sep 24 2010

  U.S. Durable Goods Orders Decline With Fewer Aircraft Bookings

  Following the volatile monthly durable goods numbers can be dizzying. The trend, however, is weakening. The Commerce Department reported that August orders fell 1.3% after an upwardly revised 0.7% July gain. Expectations had been for [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Sep 23 2010

  U.S. Leading Economic Indicators Rise

  The Conference Board reported that its Index of Leading Economic Indicators rose 0.3% during August after an unrevised 0.1% July uptick. Despite these gains, the three-month rate of increase decelerated to just 0.7% (AR), its weakest [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Sep 23 2010

  U.S. Existing Home Sales Bounce Off Of All-Time Low

  Sales of existing homes recovered slightly last month following the expiration of the Federal home-buyer tax credit. August sales of existing homes increased 7.6% to 4.13M following a 27.0% July decline that was revised slightly [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Sep 23 2010

  Unemployment Insurance Claims Move Higher

  Initial claims for unemployment insurance rose 12,000 last week to 465,000 from an upwardly revised 453,000 in the week prior (originally 450,000). The 4-week moving average fell slightly to 463,250. The latest weekly decline [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Sep 22 2010

  U.S. Mortgage Applications Slip Overall But Purchase Apps At 1995 Level

  The Mortgage Bankers Association reported that mortgage applications fell 1.4% last week following an 8.9% decline during the prior week. Nevertheless, overall applications remain up 18.3% from September '09. Last week's total decline [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Sep 22 2010

  U.S. Gasoline & Crude Oil Prices Remain Stable

  The pump price for regular gasoline has been roughly stable for the last four months near last week's level of $2.72 per gallon. Prices remained down from $2.91 in early-May. Nevertheless, pulled higher with recovery from the last [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Sep 22 2010

  U.S. Fed Funds Interest Rate Held Stable

  At yesterday's meeting of the Federal Open Market Committee, the Federal Funds rate was held at 0.125% where it has been since December 2008. The discount rate also was held constant at 0.75%. In the Fed's statement released after the [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Sep 21 2010

  U.S. Forecasts of Growth Mirror Recent Past

  Each quarter, the Federal Reserve Bank of Philadelphia surveys a group of professional forecasters to gain perspective on the outlook for the U.S. economy. In the August survey, the panel expected the current recovery to continue. [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Sep 21 2010

  U.S. Housing Starts Rise Unexpectedly Due To Multi-Family Jump

  Housing starts improved last month to the highest level since April; just before the expiration of the government's home buyer tax credit. August housing starts improved 10.5% m/m to 598,000 (AR) after a 0.4% July uptick which was [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Sep 20 2010

  Longest Recession Since WWII Declared Over; Forecasters Expect Trend Growth From Here

  For roughly one year, Haver Analytics has used June 2009 in its charts as the end of the most recent recession. Today the National Bureau of Economic Research (NBER), the arbiter for dating recessions, declared June 2009 as the end to [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Sep 20 2010

  Momentum In The Housing Sector Remains Lethargic Reports Home Builders

  The only momentum behind the housing market is its penchant for crawling along at a low level. The National Association of Home Builders reported that their index of housing market activity remained low at 13 which was just above the [...]

  by:Tom Moeller

  |in:Economy in Brief