• Employment decline weakens wages. • Prices paid fall The Federal Housing Finance Agency (FHFA) Price Index increased 0.3% m/m in January after an upwardly revised 0.7% m/m gain in December (initially 0.6%). Prices rose 5.2% in [...]
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| Mar 25 2020U.S. FHFA House Price Index Posts Modest Increase
by:Sandy Batten
|in:Economy in Brief
- Global| Mar 17 2020
TTTTT
The Bureau of Labor Statistics reported that the total job openings rate declined to 4.0% during December........ The Job Openings & Labor Turnover Survey (JOLTS) dates to December 2000 and the figures are available in Haver's USECON [...]
by:Sandy Batten
|in:Economy in Brief
- Global| Mar 17 2020
U.S. JOLTS: Job Openings Rebound
The Bureau of Labor Statistics reported that total job openings as a percent of total employment plus openings rose to 4.4% in January after having declined in both December and November, but remained below the 4.8% record of January [...]
by:Sandy Batten
|in:Economy in Brief
- Global| Mar 17 2020
U.S. Home Builder Sentiment Eases Again in March
The Composite Housing Market Index from the National Association of Home Builders-Wells Fargo fell 2.7% m/m to 72 in March from 74 in February for the third consecutive monthly decline. Still, the index is up 16.1% from a year ago and [...]
by:Sandy Batten
|in:Economy in Brief
- Global| Mar 06 2020
NEW TT >>>>U.S. Trade Deficit Widens with Surge in Petroleum Imports
The U.S. trade deficit in goods and services increased to $48.88 billion in December ....... The international trade data, including relevant data on oil prices, can be found in Haver's USECON database. Detailed figures on [...]
by:Sandy Batten
|in:Economy in Brief
- Global| Mar 06 2020
Wholesale Inventories Fall but Sales Surge
Wholesale inventories fell 0.4% m/m (+0.4% y/y) in January on top of a 0.3% m/m decline in December). Apparently reflecting the 0.2% m/m decline in the advance report, the Informa Global Markets Survey anticipated a 0.2% decline in [...]
by:Sandy Batten
|in:Economy in Brief
- Global| Mar 06 2020
U.S. Trade Deficit Narrowed Markedly in January
• The trade deficit in goods and services narrowed to $45.3 billion in January from $48.6 billion in December. • Exports of goods and services slipped 0.4% m/m while imports fell 1.6% m/m. The U.S. trade deficit in goods and services [...]
by:Sandy Batten
|in:Economy in Brief
- Global| Mar 05 2020
U.S. Initial Unemployment Claims Fell Slightly
Initial claims for unemployment insurance fell 3,000 to 216,000 (-0.9% y/y) in the week ended February 29 from an unrevised 219,000 in the prior week. The February 29 result was slightly lower than the Action Economics Forecast Survey [...]
by:Sandy Batten
|in:Economy in Brief
- Global| Mar 05 2020
U.S. Initial Unemployment Claims Fell Slightly
Initial claims for unemployment insurance fell 3,000 to 216,000 (-0.9% y/y) in the week ended February 29 from an unrevised 219,000 in the prior week. The February 29 result was slightly lower than the Action Economics Forecast Survey [...]
by:Sandy Batten
|in:Economy in Brief
- Global| Feb 27 2020
U.S. Initial Unemployment Claims Rise
The advance reading for November indicated that durable goods orders fell 2.0% m/m (-3.7% y/y)... The durable goods figures are available in Haver's USECON database. The Action Economics consensus forecast figure is in the AS1REPNA [...]
by:Sandy Batten
|in:Economy in Brief
- Global| Feb 27 2020
Despite Monthly Decline, January U.S. Durable Goods Orders Stronger than Expected
• Headline durable goods orders fell 0.2% in January but this was stronger than market expectations of a 0.8% m/m decline. • Weak transportation and defense orders more than accounted for the headline January decline. Excluding [...]
by:Sandy Batten
|in:Economy in Brief
- Global| Feb 27 2020
U.S. Initial Unemployment Claims Rise
Initial claims for unemployment insurance rose 8,000 to 219,000 (-2.2% y/y) during the week ended February 22 from 211,000 in the prior week, revised up slightly from 210,000. The February 22 result was higher than the Action [...]
by:Sandy Batten
|in:Economy in Brief
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