• • • The advance estimate of the U.S. trade deficit in goods grew to $69.67 billion in April..... The advance international trade data can be found in Haver's USECON database. The expectation figure is from the Action Economics [...]
Introducing
Sandy Batten
in:Our Authors
Sandy Batten has more than 30 years of experience analyzing industrial economies and financial markets and a wide range of experience across the financial services sector, government, and academia. Before joining Haver Analytics, Sandy was a Vice President and Senior Economist at Citibank; Senior Credit Market Analyst at CDC Investment Management, Managing Director at Bear Stearns, and Executive Director at JPMorgan. In 2008, Sandy was named the most accurate US forecaster by the National Association for Business Economics. He is a member of the New York Forecasters Club, NABE, and the American Economic Association. Prior to his time in the financial services sector, Sandy was a Research Officer at the Federal Reserve Bank of St. Louis, Senior Staff Economist on the President’s Council of Economic Advisors, Deputy Assistant Secretary for Economic Policy at the US Treasury, and Economist at the International Monetary Fund. Sandy has taught economics at St. Louis University, Denison University, and Muskingun College. He has published numerous peer-reviewed articles in a wide range of academic publications. He has a B.A. in economics from the University of Richmond and a M.A. and Ph.D. in economics from The Ohio State University.
Publications by Sandy Batten
Global| Jun 25 2020TT
by:Sandy Batten
|in:Economy in Brief
- Global| Jun 25 2020
U.S. International Trade Deficit Unexpectedly Widened in May
• Trade deficit widened to $74.3 billion. • A 5.8% drop in exports more than offsets the 1.2% decline in imports. • Imports of industrial supplies and of consumer goods ex autos rose in May. The advance U.S. trade report showed the [...]
by:Sandy Batten
|in:Economy in Brief
- Global| Jun 25 2020
Durable Goods Orders Rebounded in May though Remain Depressed
• Durable goods orders rebounded in May, rising a more-than-expected 15.8% m/m, the largest monthly increase since July 2014. • This was led by transportation orders, which jumped up a record 80.7% m/m but recouped only about a third [...]
by:Sandy Batten
|in:Economy in Brief
- Global| Jun 16 2020
Business Inventories Fell as Sales Plunged in April
Total business inventories fell 1.3% m/m (-2.2% y/y) in April, following a revised 0.3% m/m decline in March. The April decline was larger than the 0.8% decline expected by the Informa Global Markets panel. Business sales collapsed [...]
by:Sandy Batten
|in:Economy in Brief
- Global| Jun 09 2020
U.S. Small Businesses Optimism Rebounds in May
• NFIB Small Business Optimism Index rebounded to 94.4 in May from a seven-year low in April. • Eight out of ten components rose in May. • Respondents are optimistic about future business conditions and expect the recession to be [...]
by:Sandy Batten
|in:Economy in Brief
- Global| Jun 09 2020
U.S. Small Businesses Optimism Rebounds in May
• NFIB Small Business Optimism Index rebounded to 94.4 in May from a seven-year low in April. • Eight out of ten components rose in May. • Respondents are optimistic about future business conditions and expect the recession to be [...]
by:Sandy Batten
|in:Economy in Brief
- Global| Jun 04 2020
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• • PREVIOUS>>>>>Productivity in the nonfarm business sector during Q1'20 fell 2.5% (SAAR) ......... The productivity & cost figures are available in Haver's USECON database. Productivity & Costs (SAAR, %) Q1'20 Q4'19 Q3'19 Q1 Y/Y [...]
by:Sandy Batten
|in:Economy in Brief
- Global| Jun 04 2020
U.S. Productivity and Unit Labor Costs Revised Up for Q1'20
• Output per hour revised up on weaker hours worked. • Unit labor costs revised up on higher compensation. Productivity in the nonfarm business sector during Q1'20 was revised up to a 0.9% q/q (SAAR) decline from the initially [...]
by:Sandy Batten
|in:Economy in Brief
- Global| Jun 03 2020
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• • • Mirroring the weakness reported last month for durable goods orders and industrial production, each component of factory sector activity declined in March. Factory orders dropped 10.3% (-11.4% y/y) during March.... The factory [...]
by:Sandy Batten
|in:Economy in Brief
- Global| Jun 03 2020
Even Larger Decline in U.S. Factory Orders and Shipments in April
• A second large factory orders decline led by durable goods. • Shipments fall even more in April than in March. • Inventory liquidation continues--in nondurable goods. U.S. factory orders and shipments posted even larger declines in [...]
by:Sandy Batten
|in:Economy in Brief
- Global| May 28 2020
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• Durable goods orders weaken 14.4% in March............... • • Manufacturers' orders for durable goods fell 14.4% last month (-16.0% y/y)............ The durable goods figures are available in Haver's USECON database. The Action [...]
by:Sandy Batten
|in:Economy in Brief
- Global| May 28 2020
Durable Goods Orders Collapsed Further in April
• Durable goods orders collapsed 17.2% m/m in April, the largest decline since August 2014, on top of a downwardly revised 16.6% m/m drop in March. • Transportation orders plummeted 47.3% m/m after a 43.1% m/m fall in March. • Both [...]
by:Sandy Batten
|in:Economy in Brief
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