The Mortgage Bankers Association reported that its Mortgage Loan Index jumped 30.2% w/w (49.0% y/y) in the week ending January 10 on top of a 13.5% w/w rise in the previous week. Applications to refinance a loan surged 42.7% w/w [...]
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| Jan 15 2020U.S. Mortgage Applications Surge on Lower Rates
by:Sandy Batten
|in:Economy in Brief
- Global| Jan 14 2020
U.S. Gasoline Prices Fell While Crude and Nat Gas Prices Rose
Retail gasoline prices inched up to $2.58 per gallon (15.2% y/y) last week......... These data are reported by the U.S. Department of Energy. The price data can be found in Haver's WEEKLY and DAILY databases. Greater detail on prices, [...]
by:Sandy Batten
|in:Economy in Brief
- Global| Jan 14 2020
U.S. Energy Prices Mixed in Latest Week
Retail gasoline prices inched down to $2.57 per gallon (14.4% y/y) in the week ended January 13 from $2.58 per gallon in the previous week. Last week's price equaled the average for all of 2019. Typically, gasoline prices weaken this [...]
by:Sandy Batten
|in:Economy in Brief
- Global| Jan 10 2020
TTp
Wholesale inventories edged up 0.1% m/m (+3.8% y/y) in October after a downwardly revised 0.7% m/m drop in September (originally -0.4%). The Informa Global Markets Survey had looked for a 0.2% m/m increase. Wholesale sales [...]
by:Sandy Batten
|in:Economy in Brief
- Global| Jan 07 2020
U.S. Factory Orders Slump in November
Factory orders decreased 0.7% m/m (-1.5% y/y) in November following a slightly downwardly revised 0.2% m/m increase in October (initially reported as +0.3% m/m). This was the third monthly decline in the past four months. The November [...]
by:Sandy Batten
|in:Economy in Brief
- Global| Jan 03 2020
U.S. Construction Spending Stronger than Expected in November
The value of construction put-in-place rose a larger-than-expected 0.6% m/m (+4.1% y/y) in November with significant upward revisions to both October and September. The Action Economics Forecast Survey had looked for a 0.3% m/m rise. [...]
by:Sandy Batten
|in:Economy in Brief
- Global| Dec 31 2019
U.S. FHFA House Price Index Edges Up in October
The Federal Housing Finance Agency (FHFA) Price Index edged up 0.2% m/m (5.0% y/y) in October following an upwardly revised 0.7% m/m gain in September (initially 0.6%). The 5.0% y/y increase in October marked a sharp slowdown from the [...]
by:Sandy Batten
|in:Economy in Brief
- Global| Dec 31 2019
TT
In the week ended December 23, retail gasoline prices edged down to $2.53 per gallon (+9.1% y/y)... These data are reported by the U.S. Department of Energy. The price data can be found in Haver's WEEKLY and DAILY databases. Greater [...]
by:Sandy Batten
|in:Economy in Brief
- Global| Dec 31 2019
U.S. FHFA House Price Index Edges Up in October
The Federal Housing Finance Agency (FHFA) Price Index edged up 0.2% m/m (5.0% y/y) in October following an upwardly revised 0.7% m/m gain in September (initially 0.6%). The 5.0% y/y increase in October marked a sharp slowdown from the [...]
by:Sandy Batten
|in:Economy in Brief
- Global| Dec 31 2019
U.S. Energy Prices Rose at Year-End
In the week ended December 30, retail gasoline prices rose to $2.57 per gallon (+13.5% y/y) from $2.53 per gallon the previous week. This was the first weekly increase in seven weeks. Retail gasoline prices usually fall at this time [...]
by:Sandy Batten
|in:Economy in Brief
- Global| Dec 30 2019
TT
The Federal Reserve Bank of Dallas reported in its Texas Manufacturing Outlook Survey that the General Business Activity Index of -1.3 during November......... Each index is calculated by subtracting the percentage reporting a [...]
by:Sandy Batten
|in:Economy in Brief
- Global| Dec 30 2019
U.S. Chicago Business Barometer Rises Again
The Chicago Purchasing Managers’ Business Barometer rose more than expected to 48.9 in December from 46.3 in November and 43.2 in October. The October reading had been the lowest level in four years. This index is a diffusion index [...]
by:Sandy Batten
|in:Economy in Brief
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