The value of construction put-in-place increased 1.0% (1.1% y/y) during February.......... The construction spending figures, some of which date back to 1946, are in Haver's USECON database. The expectations reading can be found 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| May 01 2019Tt
by:Sandy Batten
|in:Economy in Brief
- Global| May 01 2019
U.S. Construction Spending Fell in March
The value of construction put-in-place decreased 0.9% m/m (-0.8% y/y) in March following a 0.7% m/m increase (revised down from +1.0%) in February. The Action Economics Forecast Survey had expected a 0.1% m/m rise. The y/y decline in [...]
by:Sandy Batten
|in:Economy in Brief
- Global| Apr 30 2019
U.S. Chicago Business Barometer Slumped in April
The Chicago Purchasing Managers Business Barometer fell in April for the second consecutive month--to 52.6 from 58.7 in March and 64.7 in February. This is the lowest reading since January 2017. The Action Economics Forecast Survey [...]
by:Sandy Batten
|in:Economy in Brief
- Global| Apr 18 2019
Philadelphia Fed Manufacturing Index Rebounds But Prices Weaken
The Federal Reserve Bank of Philadelphia reported in its Manufacturing Business Outlook Survey that the General Business Conditions Index rebounded this month to 13.7 after declining in February to -4.1. The figures from the [...]
by:Sandy Batten
|in:Economy in Brief
- Global| Apr 18 2019
Philadelphia Fed Manufacturing Index Slips in April
The Federal Reserve Bank of Philadelphia reported manufacturing conditions weakened in April with its General Factory Sector Business Conditions Index falling to 8.5 from 13.7 in March. The Action Economics Forecast Survey median [...]
by:Sandy Batten
|in:Economy in Brief
- Global| Apr 03 2019
U.S. Trade Deficit Narrows as Imports Fall
The U.S. trade deficit in goods and services fell to $51.15 billion during January from $59.90 billion in December.......... The international trade data as well as oil prices can be found in Haver's USECON database. Detailed figures [...]
by:Sandy Batten
|in:Economy in Brief
- Global| Mar 29 2019
U.S. Chicago Business Barometer Fell Back in March
The Chicago Purchasing Managers Business Barometer fell back to 58.7 in March after having surged to 64.7 in February. The February reading had been the highest since December 2017. The Action Economics Forecast Survey expected a [...]
by:Sandy Batten
|in:Economy in Brief
- Global| Mar 29 2019
U.S. Chicago Business Barometer Fell Back in March
The Chicago Purchasing Managers Business Barometer fell back to 58.7 in March after having surged to 64.7 in February. The February reading had been the highest since December 2017. The Action Economics Forecast Survey expected a [...]
by:Sandy Batten
|in:Economy in Brief
- Global| Mar 26 2019
U.S. FHFA House Price Index Rises in December, but Trend Continues to Slow
The Federal Housing Finance Agency (FHFA) Price Index for house purchases rose 0.3% m/m (5.6% y/y) in December........ The FHFA house price index is a weighted purchase-only index that measures average price changes in repeat sales of [...]
by:Sandy Batten
|in:Economy in Brief
- Global| Mar 26 2019
U.S. FHFA House Price Index Jumps Up in January, but Trend Continues to Slow
The Federal Housing Finance Agency (FHFA) Price Index for house purchases rose 0.6% m/m (5.6% y/y) in January following an unrevised 0.3% m/m increase in December. The January increase was the largest monthly gain since February 2018, [...]
by:Sandy Batten
|in:Economy in Brief
- Global| Mar 26 2019
U.S. FHFA House Price Index Jumps Up in January, but Trend Continues to Slow
The Federal Housing Finance Agency (FHFA) Price Index for house purchases rose 0.6% m/m (5.6% y/y) in January following an unrevised 0.3% m/m increase in December. The January increase was the largest monthly gain since February 2018, [...]
by:Sandy Batten
|in:Economy in Brief
- Global| Mar 26 2019
U.S. FHFA House Price Index Jumps Up in January, but Trend Continues to Slow
The Federal Housing Finance Agency (FHFA) Price Index for house purchases rose 0.6% m/m (5.6% y/y) in January following an unrevised 0.3% m/m increase in December. The January increase was the largest monthly gain since February 2018, [...]
by:Sandy Batten
|in:Economy in Brief
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