
How data centres and AI are becoming a new engine of growth
AI-driven investment in data centres is boosting US GDP, led by hyperscalers like Microsoft and Meta, as growth and weaker jobs hint new productivity gains.
Dr. Satyam Panday is the U.S. Chief Economist at S&P Global Ratings. He develops economic forecasts for the U.S. and Canada and provides insights into evolving risks associated with the business cycle and long-term economic growth. He is the lead voice for Ratings’ US macro view in the marketplace.
Satyam was the Chief Economist for Emerging Markets in Ratings from 2021 to 2023, and before that, a Senior Economist contributing to the U.S. and Canada economic research and outlook.
Before joining S&P Global Ratings in 2013, Satyam taught undergraduate and graduate courses in Economics at Boston College and Brandeis University from 2010 to 2013. Prior to that, he was a research fellow in the macroeconomic analysis division at the Congressional Budget Office in Washington, D.C. In his previous role as a quantitative analyst, he spent several years at MassMutual Financial Group in the actuarial department.
Satyam holds a Ph.D. in International Economics and Finance from Brandeis University. He specialized in macroeconomics, development economics, and applied econometrics. He has a bachelor’s degree in Mathematics from St. Olaf College in Minnesota and received his master’s degree in Business Administration from the University of Massachusetts at Amherst’s Isenberg School of Management.
Satyam is a member of the American Economic Association, the National Association of Business Economists, and the ECOMOD Global Economic Modeling Network. He is originally from Nepal.