• Initial claims decreased 2,000 to 231,000 in the week ended June 25.
• Continued weeks claimed edged lower and remained in range that prevailed in late 1960s.
• The insured unemployment rate at series low of 0.9%.
Introducing
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.
• Initial claims decreased 2,000 to 231,000 in the week ended June 25.
• Continued weeks claimed edged lower and remained in range that prevailed in late 1960s.
• The insured unemployment rate at series low of 0.9%.
by:Sandy Batten
|in:Economy in Brief
• Loan applications increased for third consecutive week.
• Refinancing applications rebounded while purchase applications were essentially unchanged.
• Interest rates eased slightly.
by:Sandy Batten
|in:Economy in Brief
• The AAA retail price of gasoline fell seven cents, its first weekly decline in 10 weeks.
• Crude oil prices dropped more than $9, their second consecutive weekly decline.
• Natural gas prices dell $1.50, their third decline in the past four weeks.
by:Sandy Batten
|in:Economy in Brief
• House prices rose to another record level although annual growth slowed slightly.
• Strength was broad-based across regions.
by:Sandy Batten
|in:Economy in Brief
• Initial claims decreased 2,000 to 229,000 in the week ended June 18.
• Continued weeks claimed edged higher by 5,000, remaining in range that prevailed in late 1960s.
• The insured unemployment rate held at series low of 0.9%.
by:Sandy Batten
|in:Economy in Brief
by:Sandy Batten
|in:Economy in Brief
by:Sandy Batten
|in:Economy in Brief
by:Sandy Batten
|in:Economy in Brief
by:Sandy Batten
|in:Economy in Brief
by:Sandy Batten
|in:Economy in Brief
by:Sandy Batten
|in:Economy in Brief
by:Sandy Batten
|in:Economy in Brief