• Financing rates fall and are at or near record low.... • Purchase volume rose for third consecutive week as some states begin to reopen. The Mortgage Bankers Association reported that its Mortgage Loan Application Index edged up [...]
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 13 2020tt
by:Sandy Batten
|in:Economy in Brief
- Global| May 13 2020
U.S. Mortgage Applications Edge Up
• Financing rates remain near record lows. • Purchase volume rose for fourth consecutive week while refinancings faded further. The Mortgage Bankers Association reported that its Mortgage Loan Application Index edged up 0.3% w/w [...]
by:Sandy Batten
|in:Economy in Brief
- Global| May 06 2020
U.S. Mortgage Applications Flat; Rates Fall Further
• Financing rates fall and are at or near record lows. • Purchase volume rose for third consecutive week as some states begin to reopen. The Mortgage Bankers Association reported that its Mortgage Loan Application Index edged up 0.1% [...]
by:Sandy Batten
|in:Economy in Brief
- Global| May 06 2020
U.S. Mortgage Applications Flat; Rates Fall Further
• Financing rates fall and are at or near record lows. • Purchase volume rose for third consecutive week as some states begin to reopen. The Mortgage Bankers Association reported that its Mortgage Loan Application Index edged up 0.1% [...]
by:Sandy Batten
|in:Economy in Brief
- Global| Apr 30 2020
TTl
• • The employment cost index (ECI) for civilian workers rose 0.7% in the fourth quarter of 2019............. The employment cost index, which measures the change in the cost of labor, free from the influence of employment shifts [...]
by:Sandy Batten
|in:Economy in Brief
- Global| Apr 30 2020
Employment Cost Growth Edges Up
• Growth of overall compensation unexpectedly picked up to 0.8% q/q in 2020 Q1. • Wages and salaries growth accelerated while benefits slowed. The employment cost index (ECI) for civilian workers rose 0.8% q/q in the first quarter of [...]
by:Sandy Batten
|in:Economy in Brief
- Global| Apr 29 2020
TT
• • PREVIOUS>>>>The Mortgage Bankers Association reported that its Mortgage Loan Application Index eased 0.3% (+70.0% y/y) in the week ended April 17 ......... The survey covers over 75% of all U.S. retail residential mortgage [...]
by:Sandy Batten
|in:Economy in Brief
- Global| Apr 29 2020
U.S. Mortgage Applications and Interest Rates Fall
• Financing rates at or near record lows. • The housing market is weak but may be seeing first signs of springtime revival. The Mortgage Bankers Association reported that its Mortgage Loan Application Index fell 3.3% w/w (+72.2% y/y) [...]
by:Sandy Batten
|in:Economy in Brief
- Global| Apr 28 2020
U.S. Petroleum Prices Collapse While Nat Gas Rises
• Crude oil prices collapsed last week but have rebounded recently. • Gasoline prices fall as drivers shelter at home. • Natural gas prices have been volatile. The spot price of West Texas Intermediate crude oil collapsed to $3.83 [...]
by:Sandy Batten
|in:Economy in Brief
- Global| Apr 28 2020
U.S. Petroleum Prices Collapse While Nat Gas Rises
• Crude oil prices collapsed last week but have rebounded recently. • Gasoline prices fall as drivers shelter at home. • Natural gas prices have been volatile. The spot price of West Texas Intermediate crude oil collapsed to $3.83 [...]
by:Sandy Batten
|in:Economy in Brief
- Global| Apr 15 2020
U.S. Business Inventories and Sales Decline in February
Total business inventories slipped an expected 0.1% (+1.1% y/y) during January following an unrevised 0.1% December gain. The anticipated figure is from the Informa Global Markets survey. Business sales increased 0.6% (+2.1% [...]
by:Sandy Batten
|in:Economy in Brief
- Global| Apr 15 2020
Coronavirus Closings Plunge Empire State Manufacturing Index to Record Low
The Empire State Manufacturing Index of General Business Conditions collapsed to -78.2 in April from -21.5 in March. The April reading was the lowest on record, by far surpassing the previous low of -34.3 reached during the Great [...]
by:Sandy Batten
|in:Economy in Brief
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