- Larger-than-expected 0.7% m/m increase in August.
- About 50% of overall increase attributable to 20% m/m surge in gasoline prices.
- PPI excluding food and energy prices rose just 0.2% m/m.
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
- USA| Sep 14 2023
U.S. PPI Jumped in August, Driven by Gasoline Prices
- USA| Sep 13 2023
U.S. Mortgage Applications Fell Further
- USA| Sep 08 2023
Consumer Credit Increased in July but Less than Expected
- USA| Aug 30 2023
Q2 U.S. GDP Growth Revised Slightly Slower
- GDP increased 2.1% q/q (SAAR) in the second estimate vs. 2.4% in the advance.
- Downward revision to business spending on equipment was the major source.
- GDP and PCE price inflation moderated even further.
- Small decline in total corporate profits with an increase in foreign profits.
- USA| Aug 29 2023
U.S. JOLTS Job Openings Slid Further in July
- Openings fell modestly, the sixth decline in the past seven months.
- Excess of openings over number unemployed fell to lowest level August 2021.
- Hires fell for the second consecutive month to lowest level since January 2021.
- Quits fell for the fourth time in the past five months while layoffs edged up.
- USA| Aug 17 2023
U.S. Index of Leading Indicators Fell Again in July
- USA| Aug 15 2023
U.S. Import and Export Prices Rose More than Expected in July
- USA| Aug 03 2023
Factory Orders Jump in June on Surge in Nondefense Aircraft
- USA| Jul 27 2023
U.S. Advance June Goods Trade Deficit Narrowed
- USA| Jul 20 2023
U.S. Index of Leading Indicators Fell Again in June
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