Dan Hamilton, Ph.D.

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Dan Hamilton is what they call “a numbers guy.” Dan began working with Economic Forecast models in 1997 and has now created a forecast model that is the envy of the industry. He has done forecasting for groups as diverse as Vandenberg Air Force Base, the County of Santa Barbara, the California Environmental Protection Agency (via the city of Santa Maria), Santa Barbara Cottage Hospital, Shea Homes, the Towbes Group, the Ojai Sanitation District, and many others.

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Most data releases are of seasonally adjusted data, and that is a problem. No one knows what the exact seasonal patterns in the economy are. We estimate them. The new jobs data release is an example of the problem. Today’s Bureau of Labor Statistics release of the July employment situation report shows 247 thousand seasonally-… Read more

The Bureau of Economic Activity’s recent release of their initial estimate of the United States second quarter GDP growth implied that the U.S. economy had improved dramatically.  Economic growth was still negative, but it had improved from -6.4 in the 1st quarter to -1.0 percent in the 2nd quarter.  This growth rate is close enough… Read more