The Federal Housing Finance Agency (FHFA) Price Index for house purchases rose 0.3% (5.7% y/y) during October following a 0.2% September rise. Home price appreciation has eased noticeably this year. Over the past six months, the index [...]
Introducing
Peter D'Antonio
in:Our Authors
Peter started working for Haver Analytics in 2016. He worked for nearly 30 years as an Economist on Wall Street, most recently as the Head of US Economic Forecasting at Citigroup, where he advised the trading and sales businesses in the Capital Markets. He built an extensive Excel system, which he used to forecast all major high-frequency statistics and a longer-term macroeconomic outlook. Peter also advised key clients, including hedge funds, pension funds, asset managers, Fortune 500 corporations, governments, and central banks, on US economic developments and markets. He wrote over 1,000 articles for Citigroup publications. In recent years, Peter shifted his career focus to teaching. He teaches Economics and Business at the Molloy College School of Business in Rockville Centre, NY. He developed Molloy’s Economics Major and Minor and created many of the courses. Peter has written numerous peer-reviewed journal articles that focus on the accuracy and interpretation of economic data. He has also taught at the NYU Stern School of Business. Peter was awarded the New York Forecasters Club Forecast Prize for most accurate economic forecast in 2007, 2018, and 2020. Peter D’Antonio earned his BA in Economics from Princeton University and his MA and PhD from the University of Pennsylvania, where he specialized in Macroeconomics and Finance.
Publications by Peter D'Antonio
- Global| Dec 27 2018
U.S. FHFA House Price Increases
- Global| Dec 27 2018
U.S. Jobless Claims Remain Extremely Low
Initial unemployment insurance claims edged down to 216,000 (-10.7% y/y) during the week ended December 22, from an upwardly revised 217,000 during the previous week. The last time initial claims were in this range was 1973. The [...]
- Global| Jun 12 2018
U.S. Petroleum Prices Ease Slightly
Retail gasoline prices eased to $2.91 per gallon last week (+23.0% y/y) from $2.94 per gallon during the prior week. This was the second consecutive weekly decline, which probably signals the end of the traditional price increase in [...]
- Global| May 31 2018
Chicago Purchasing Managers Index Rebounds Sharply
The Chicago Purchasing Managers Business Barometer rebounded sharply in May, with the index reaching 62.7 following readings near 57.5 in March and April. The Action Economics Forecast Survey had anticipated only a modest rise to [...]
- Global| Jan 04 2018
U.S. Light Vehicle Sales Remain Solid for Another Year
Sales of light vehicles edged up 0.3% (0.7% y/y) in December to 17.55 million units (SAAR), which was the highest level in twelve months. For the full year 2018, light vehicle sales totaled 17.21 million units, topping 17 million for [...]
- Global| Jan 04 2018
U.S. Light Vehicle Sales Remain Solid for Another Year
Sales of light vehicles edged up 0.3% (0.7% y/y) in December to 17.55 million units (SAAR), which was the highest level in twelve months. For the full year 2018, light vehicle sales totaled 17.21 million units, topping 17 million for [...]
- Global| Aug 01 2017
U.S. Construction Activity Remains Unchanged
The value of construction put-in-place held steady during May (+4.9% y/y) following a 0.7% April dip, revised from -1.4%. Earlier figures also were revised. Expectations were for a 0.3% rise in the Action Economics Forecast Survey. [...]
- Global| Aug 01 2017
U.S. Construction Spending Activity Deteriorates
The value of construction put-in-place posted a surprisingly soft reading of -1.3% in June (+1.6% y/y), versus expectations (according to the Action Economics Forecast Survey) of a 0.4% increase. Revisions were mixed, with a slightly [...]
- Global| Jun 01 2017
U.S. Construction Spending Gives Back Some Prior Gains
The value of construction put-in-place dipped 1.4% in April, following sharp weather-related gains totaling 3.9% in the first three months of the year. The April decline compares to expectations for a 0.5% gain in the Action Economics [...]
- Global| Feb 27 2017
U.S. Pending Home Sales Dip
The National Association of Realtors (NAR) reported that pending home sales declined by 2.8% in January to an index level of 106.4. The index, which is reported on a 2001 = 100 basis, had hovered in a range near 109 for the past year [...]
- Global| Feb 27 2017
Durable Goods Orders Rise, Reflecting Aircraft Rebound
Durable goods orders increased by 1.8% in January (-0.6% y/y), following a revised 0.8% decline in December. The January rise was close to the Action Economics forecast survey median of 1.6%. Although the headline orders figure [...]
- Global| Dec 15 2016
Empire State Survey Signals a Brighter Business Outlook
The Empire State Manufacturing Index of General Business Conditions for December continued to improve, rising to 9.0 (up from 1.5 in November), which was its highest reading since April. According to the Action Economics Forecast [...]
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