• Pending home sales rise to record high in August. • Fourth consecutive monthly gain; sales rise in all four major regions. • Record highs in Midwest and South. Pending home sales rose for the fourth consecutive month in August, [...]
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| Sep 30 2020U.S. Pending Home Sales Climb Again
by:Sandy Batten
|in:Economy in Brief
- Global| Sep 30 2020
Mortgage Applications Fell Along with Rates
• Both purchase and refinancing applications fell. • Mortgage interest rates generally fell with the 30-year Jumbo rate falling to a new record low. The Mortgage Bankers Association Mortgage Loan Applications Index fell 4.8% w/w [...]
by:Sandy Batten
|in:Economy in Brief
- Global| Sep 29 2020
U.S. Energy Prices Were Mixed
• Gasoline prices were unchanged. • Crude oil prices edged up. • Natural gas prices tumbled again. Regular gasoline prices were unchanged at $2.17 per gallon (-17.9% y/y) in the week ended September 28. Haver Analytics adjusts the [...]
by:Sandy Batten
|in:Economy in Brief
- Global| Sep 17 2020
Philadelphia Fed Manufacturing Index Slips but Underlying Details Stronger
• Headline index slipped to 15.0 in September from 17.2. • But underlying details were noticeably stronger, particularly shipments. • Expectations rebound sharply. The Federal Reserve Bank of Philadelphia reported that its General [...]
by:Sandy Batten
|in:Economy in Brief
- Global| Sep 17 2020
Philadelphia Fed Manufacturing Index Slips but Underlying Details Stronger
• Headline index slipped to 15.0 in September from 17.2. • But underlying details were noticeably stronger, particularly shipments. • Expectations rebound sharply. The Federal Reserve Bank of Philadelphia reported that its General [...]
by:Sandy Batten
|in:Economy in Brief
- Global| Sep 17 2020
Philadelphia Fed Manufacturing Index Slips but Underlying Details Stronger
• Headline index slipped to 15.0 in September from 17.2. • But underlying details were noticeably stronger, particularly shipments. • Expectations rebound sharply. The Federal Reserve Bank of Philadelphia reported that its General [...]
by:Sandy Batten
|in:Economy in Brief
- Global| Sep 17 2020
Philadelphia Fed Manufacturing Index Slips but Underlying Details Stronger
• Headline index slipped to 15.0 in September from 17.2. • But underlying details were noticeably stronger, particularly shipments. • Expectations rebound sharply. The Federal Reserve Bank of Philadelphia reported that its General [...]
by:Sandy Batten
|in:Economy in Brief
- Global| Sep 16 2020
Mortgage Loan Applications Decline Even as Rates Fall to Record Lows
• Applications for both purchase and refinancings declined. • Mortgage rates edged down to record lows. The Mortgage Bankers Association Mortgage Loan Applications Index decreased 2.5% w/w (+33.0% y/y) in the week ended September 11, [...]
by:Sandy Batten
|in:Economy in Brief
- Global| Sep 15 2020
Empire State Manufacturing Much Stronger than Expected in September
Economic activity in New York surprised market expectations in September with the Empire State General Business Conditions Index, jumping up to 17.0 from 3.7 in August and almost recouping all its lost ground in August. The Action [...]
by:Sandy Batten
|in:Economy in Brief
- Global| Sep 03 2020
U.S. Productivity Revised Up, Unit Labor Costs Revised Down for Q2'20
• Output per hour growth revised up on a smaller fall in output than initially estimated. • The rise in unit labor costs revised down on stronger productivity and slightly weaker compensation growth. In the second quarter of 2020, [...]
by:Sandy Batten
|in:Economy in Brief
- Global| Sep 02 2020
Mortgage Loan Applications Fell Even as Rates Declined
• Applications for both purchase and refinancing loans fell. • The rate on the 30-year fixed-rate mortgage declined and is only 3 basis points above its all-time low reached on August 7. Even though fixed mortgage interest rates fell [...]
by:Sandy Batten
|in:Economy in Brief
- Global| Aug 28 2020
U.S. Personal Spending and Income Rise in July
• Spending rose for third consecutive month, points to strong Q3. • Wages and salaries rose but government payments fell again. • Annual price inflation picks up but still well below Fed's target. Personal consumption expenditures [...]
by:Sandy Batten
|in:Economy in Brief
- of56Go to 30 page