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

• 

  USA| Nov 13 2024

  U.S. Energy Prices are Mixed in Latest Week

  • Gasoline prices ease. Crude oil prices increase, but natural gas prices fall.
  • Demand for gasoline increases moderately.
  • Inventories of gasoline & crude oil slip.

  by:Tom Moeller

  |in:Economy in Brief
• 

  USA| Nov 12 2024

  U.S. NFIB Small Business Optimism Index Strengthens in October; Uncertainty Soars

  • Expectations for economy & sales improve.
  • Job applicants plunge but employment plans steady.
  • Prices and price expectations are little changed.

  by:Tom Moeller

  |in:Economy in Brief
• 

  USA| Nov 11 2024

  FIBER: Industrial Commodity Prices Decline in Latest Four Weeks

  • Natural rubber prices fall sharply though lumber costs increase.
  • Metals & crude oil prices remain under pressure.
  • Textile prices ease as cotton prices fall.

  by:Tom Moeller

  |in:Economy in Brief
• 

  USA| Nov 08 2024

  U.S. Housing Affordability Index Surges in September

  • Home prices slip & mortgage rates decline.
  • Median income improves.
  • Affordability increases throughout the country.

  by:Tom Moeller

  |in:Economy in Brief
• 

  USA| Nov 07 2024

  FOMC Lowers Funds Rate Target by 25 Basis Points

  At today’s meeting of the Federal Open Market Committee, the target range for the Fed funds rate was reduced by 25 basis points to 4.50% to 4.75% following a 50 basis point reduction at the last meeting. The decline matched expectations in the Action Economics Forecast Survey.

  The statement following the meeting indicated, “Recent indicators suggest that economic activity has continued to expand at a solid pace. Since earlier in the year, labor market conditions have generally eased, and the unemployment rate has moved up but remains low. Inflation has made progress toward the Committee's 2 percent objective but remains somewhat elevated.”

  It went on to state, “The Committee seeks to achieve maximum employment and inflation at the rate of 2 percent over the longer run. The Committee judges that the risks to achieving its employment and inflation goals are roughly in balance. The economic outlook is uncertain, and the Committee is attentive to the risks to both sides of its dual mandate.”

  The Committee will continue reducing its holdings of Treasury securities and agency debt and agency mortgage backed securities.

  Today’s FOMC statement can be found here.

  by:Tom Moeller

  |in:Economy in Brief
• 

  USA| Nov 07 2024

  U.S. Consumer Credit Usage Moderates in September

  • Nonrevolving credit strength continues to diminish.
  • Revolving credit usage rebounds.

  by:Tom Moeller

  |in:Economy in Brief
• 

  USA| Nov 07 2024

  U.S. Productivity Growth Is Steady in Q3’24

  • Annual increase remains below last year’s gain.
  • Compensation growth dips.
  • Increase in unit labor costs slows.

  by:Tom Moeller

  |in:Economy in Brief
• 

  USA| Nov 05 2024

  U.S. ISM Services PMI Improves in October; Prices Ease

  • Index level is highest in over two years.
  • Business activity & employment firm.
  • Despite a modest backpedal, prices reading remains firm.

  by:Tom Moeller

  |in:Economy in Brief
• 

  USA| Nov 05 2024

  U.S. Energy Prices Decline in Latest Week

  • Gasoline, crude oil & natural gas prices weaken.
  • Demand for gasoline increases moderately.
  • Inventories of gasoline & crude oil slip.

  by:Tom Moeller

  |in:Economy in Brief
• 

  USA| Nov 04 2024

  U.S. Factory Inventories & Orders Slip in September

  • Inventory easing follows six months of little change.
  • Order weakening is led by aircraft.
  • Unfilled orders steady, and they remain soft.

  by:Tom Moeller

  |in:Economy in Brief
• 

  USA| Nov 01 2024

  U.S. Payroll Employment Reduced by Storms & Strike During October; Earnings Improve & Jobless Rate Steadies

  • Hurricanes close businesses & reduce production.
  • Increase in earnings extends trend of improved growth.
  • Unchanged jobless rate remains below July peak.

  by:Tom Moeller

  |in:Economy in Brief
• 

  USA| Nov 01 2024

  U.S. Light Vehicle Sales Rise Modestly in October

  • Light truck purchases improve, but auto sales decline.
  • Total domestic vehicle sales increase; imports are little changed.
  • Imports' market share slips.

  by:Tom Moeller

  |in:Economy in Brief