Manufacturers' orders rose 0.6% (-1.2% year-on-year) in June following declines in each of the previous two months. Orders fell 1.2% m/m in April and 1.3% m/m in May. The Action Economics Forecast survey looked for a 0.6% increase. [...]
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| Aug 02 2019Factory Orders and Shipments Post Gains in June
by:Sandy Batten
|in:Economy in Brief
- Global| Jul 31 2019
U.S. Employment Costs Ease Slightly in Q2
The employment cost index (ECI) for civilian workers rose 0.6% q/q in 2019 Q1, down slightly from a 0.7% quarterly rise in Q1. This was the slowest pace of compensation gains since 2017 Q4. The increase was slightly below expectations [...]
by:Sandy Batten
|in:Economy in Brief
- Global| Jul 31 2019
U.S. Employment Costs Ease Slightly in Q2
The employment cost index (ECI) for civilian workers rose 0.6% q/q in 2019 Q2, down slightly from a 0.7% quarterly rise in Q1. This was the slowest pace of compensation gains since 2017 Q4. The increase was slightly below expectations [...]
by:Sandy Batten
|in:Economy in Brief
- Global| Jul 30 2019
U.S. Energy Product Prices Slide Further
The pump price for a gallon of regular gasoline in the U.S. fell again in the week ended July 29 to $2.72 (-4.6% y/y) from $2.75 the previous week. This is the lowest price in five weeks. Haver Analytics calculates a series which is [...]
by:Sandy Batten
|in:Economy in Brief
- Global| Jul 30 2019
U.S. Pending Home Sales Jump in June
The National Association of Realtors (NAR) reported that pending home sales rose a larger-than-expected 2.8% m/m in June (+1.6% y/y) on top of a 1.1% m/m gain in May. This was the highest reading for the index since December 2017. [...]
by:Sandy Batten
|in:Economy in Brief
- Global| Jul 30 2019
U.S. Energy Product Prices Slide Further
The pump price for a gallon of regular gasoline in the U.S. fell again in the week ended July 29 to $2.72 (-4.6% y/y) from $2.75 the previous week. This is the lowest price in five weeks. Haver Analytics calculates a series which is [...]
by:Sandy Batten
|in:Economy in Brief
- Global| Jul 16 2019
TT
Import prices fell 0.3% (-1.5% y/y) during May........ Export prices declined 0.2% (-0.7% y/y)........ The import and export price series can be found in Haver's USECON database. Detailed figures are available in the USINT database. [...]
by:Sandy Batten
|in:Economy in Brief
- Global| Jul 16 2019
U.S. Home Builder Sentiment Edges Up in July
The Composite Housing Market Index from the National Association of Home Builders-Wells Fargo edged up to 65 in July from 64 in June, reversing half of its June decline. Compared with a year ago, the index is 3 points lower and [...]
by:Sandy Batten
|in:Economy in Brief
- Global| Jul 16 2019
U.S. Import and Export Prices Decline in June
Import prices fell 0.9% (-2.0% y/y) in June following an upwardly revised unchanged reading in May (initially reported as a 0.3% m/m decline). The June decline was larger than the 0.6% m/m decline expected in the Action Economics [...]
by:Sandy Batten
|in:Economy in Brief
- Global| Jul 09 2019
U.S. Gasoline Prices Rose Again While Oil Prices Declined
After falling for seven consecutive weeks, U.S. retail gasoline prices increased for the second consecutive week in the week ended July 8, rising to $2.74 per gallon (-4.0% y/y) from $2.71 in the previous week. Haver Analytics adjusts [...]
by:Sandy Batten
|in:Economy in Brief
- Global| Jul 03 2019
U.S. Trade Deficit Widens More Than Expected in May
The U.S. trade deficit in goods and services widened more than expected in May to $55.5 billion from an upwardly revised $51.2 billion in April (originally $50.8 billion). The consensus expectation from the Action Economics Survey was [...]
by:Sandy Batten
|in:Economy in Brief
- Global| Jun 27 2019
U.S. Initial Unemployment Claims Rise, But Not Meaningfully
Initial unemployment insurance claims decreased to 216,000 in the week ended June 15 Continuing claims for unemployment insurance also decreased, to 1.662 million in the week ending June 8 Initial unemployment insurance claims [...]
by:Sandy Batten
|in:Economy in Brief
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