Activity in the factory sector picked up in May following a moderation in April. The ISM headline manufacturing index jumped 1.4 points to 58.7 in May from 57.3 in April. This index has moderated since earlier this year, but remains [...]
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| Jun 01 2018ISM Factory Sector Index Rebounds in May
by:Sandy Batten
|in:Economy in Brief
- Global| Jun 01 2018
U.S. Construction Spending Stronger than Expected in April
The value of construction put-in-place recovered in April, rising a larger-than-expected 1.8% m/m (8.3% y/y) after having fallen 1.7% m/m in March (unrevised). The 1.0% m/m increase initially reported for February was revised up to a [...]
by:Sandy Batten
|in:Economy in Brief
- Global| May 01 2018
TT
The value of construction put-in-place improved 0.1% (3.7% y/y) during February following unrevised stability in January. A 0.4% rise in building activity had been expected in the Action Economics Forecast Survey. Private sector [...]
by:Sandy Batten
|in:Economy in Brief
- Global| May 01 2018
U.S. Construction Spending Slumped in March, Big Upward Revisions to January and February
The value of construction put-in-place slumped in March, falling 1.7% m/m (+3.9% y/y). The Action Economics Forecast Survey had looked for a 0.5% m/m rise in building activity. Unusual winter-like weather was probably at the heart of [...]
by:Sandy Batten
|in:Economy in Brief
- Global| Apr 24 2018
U.S. Consumer Confidence Weakens
The Conference Board Consumer Confidence Index fell 1.8% during March (+2.2% y/y) to 127.7 following a 4.6% increase during February to 130.0......... The Consumer Confidence data is available in Haver's CBDB database. The total [...]
by:Sandy Batten
|in:Economy in Brief
- Global| Apr 24 2018
U.S. Consumer Confidence Unexpectedly Rose in April
The Conference Board Consumer Confidence Index rose to 128.7 in April from 127.0 (initially reported as 127.7) in March and was 7.8% higher than a year ago. The Action Economics Forecast Survey had looked for a slight decline in the [...]
by:Sandy Batten
|in:Economy in Brief
- Global| Apr 10 2018
U.S. Wholesale Inventories Rise and Sales Rebound in February
Wholesale trade inventories increased 1.0% m/m (5.5% y/y) in February following an upwardly revised 0.9% m/m gain in January. The February rise was down slightly from the 1.1% m/m increase in the advance report released on March 28 [...]
by:Sandy Batten
|in:Economy in Brief
- Global| Feb 27 2018
U.S. Durable Goods Orders Post Weak Start to Q1
New orders for durable goods slumped in January, falling a larger-than-expected 3.7% m/m (+8.9% y/y) after having jumped soared 2.6% m/m (revised from a 2.9% m/m gain) in December. The Action Economics Forecast Survey had looked for a [...]
by:Sandy Batten
|in:Economy in Brief
- Global| Feb 14 2018
U.S. CPI Rises More than Expected in January
The Consumer Price Index jumped up 0.5% m/m (2.1% y/y) in January following a 0.2% m/m rise in December. The core index (that is, excluding food and energy prices) increased a more modest 0.3% m/m (1.8% y/y) after a 0.2% m/m gain in [...]
by:Sandy Batten
|in:Economy in Brief
- Global| Feb 02 2018
U.S. Factory Orders Jump in December
Manufacturers' orders increased 1.7% m/m (8.4% y/y) in December, the same monthly rise as in November (revised up from the initially reported 1.3% m/m increase). This was the sixth increase in factory orders in the past seven months. [...]
by:Sandy Batten
|in:Economy in Brief
- Global| Feb 01 2018
TTTTT
The ISM composite index of business activity in the factory sector fell to 54.1 during December after rising to 59.3 in November. It was the lowest reading since November 2016. A level of 57.8 had been expected in the Action Economics [...]
by:Sandy Batten
|in:Economy in Brief
- Global| Jan 31 2018
U.S. Employment Costs Slow in Q4 But Continue Longer-term Rise
The employment cost index for civilian workers rose 0.6% q/q in the fourth quarter of 2017, down from a 0.7% q/q rise in the third quarter. However, the y/y rate of increase advanced to 2.7% in the fourth quarter from 2.5% in the [...]
by:Sandy Batten
|in:Economy in Brief
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