The Empire State Index of General Business Conditions in New York's manufacturing industries dropped 23 points in August to 12.6, its lowest reading in 15 months. The July figure was revised down slightly from 36.54 to 35.75. All of [...]
Introducing
Carol Stone, CBE
in:Our Authors
Carol Stone, CBE came to Haver Analytics in 2003 following more than 35 years as a financial market economist at major Wall Street financial institutions, most especially Merrill Lynch and Nomura Securities. She has broad experience in analysis and forecasting of flow-of-funds accounts, the federal budget and Federal Reserve operations. At Nomura Securites, among other duties, she developed various indicator forecasting tools and edited a daily global publication produced in London and New York for readers in Tokyo. At Haver Analytics, Carol is a member of the Research Department, aiding database managers with research and documentation efforts, as well as posting commentary on select economic reports. In addition, she conducts Ways-of-the-World, a blog on economic issues for an Episcopal-Church-affiliated website, The Geranium Farm. During her career, Carol served as an officer of the Money Marketeers and the Downtown Economists Club. She has a PhD from NYU's Stern School of Business. She lives in Brooklyn, New York, and has a weekend home on Long Island.
Publications by Carol Stone, CBE
Global| Aug 16 2004Empire State Index Slows 23 Points for August
- Global| Aug 13 2004
Big Gain in Chinese Retail Sales
Retail sales in China strengthened in July, gaining 18.2% over their year-earlier amount. Sales totaled 429 billion yuan or $50.9 billion. It was the strongest performance since before the 1997 Asian currency crisis. This sales [...]
- Global| Aug 13 2004
Steady Growth in European GDP; Japanese Figure Disappoints
As partially described here yesterday, Europe continued a steady growth pace in Q2, according to the "flash estimate" compiled by Eurostat, the Euro-Zone statistical agency. The original group, the EU-12saw 0.5% GDP growth in the [...]
- Global| Aug 12 2004
GDP Gains Continue in Germany, France; Netherlands Growth Pauses
European economies remained firm during the spring, according to "flash" GDP estimates for the second quarter that were released today. Germany picked up even a bit more growth, advancing 0.5% after 0.4% in Q1 and making the year-on- [...]
- Global| Aug 12 2004
GDP Gains Continue in Germany, France; Netherlands Growth Pauses
European economies remained firm during the spring, according to "flash" GDP estimates for the second quarter that were released today. Germany picked up even a bit more growth, advancing 0.5% after 0.4% in Q1 and making the year-on- [...]
- Global| Aug 04 2004
European Retail Sales Rebound in June; New Accession Countries Show Vigorous Trend
Eurostat today reported retail sales indexes for June and May. June's figures for the region as a whole and for various individual countries generally show a rebound after a widespread drop in May. Specifically, the broadest measure, [...]
- Global| Aug 02 2004
Global Manufacturing Performance Improves in July
Manufacturing activity picked up in July after June's slight moderation in growth. The NTC Research global purchasing managers' index rose to 57.3 from 56.6 in June. More widespread gains in output and new orders were generally [...]
- Global| Jul 20 2004
Demographic Shifts in Japan
Monthly population estimates for Japan were reported today as of July 1 by the Japanese Ministry of Public Management, Home Affairs, Post & Telecommunications. The new data reveal a small outright decline in the population of Japan [...]
- Global| Jul 20 2004
India's Trade Deficit Sets a Record in June
The Government of India today reported June trade data. The monthly deficit widened significantly to 117 billion rupees (seasonally adjusted by Haver Analytics) from 65 billion rupees in May. A surge in imports was the cause, although [...]
- Global| Jul 19 2004
German & Swiss PPI Rise Modestly; Inflation Potential Unclear
Times of economic transition are often the hardest periods to interpret as they exhibit mixed tendencies. So it was last week that we published here almost contradictory comments about CPI inflation in various countries. In some [...]
- Global| Jul 16 2004
Foreign Purchases of U.S. Securities Ease in May Amid Wide Volatility
The US Treasury today published its array of monthly data on foreign investors' purchases and sales of "long-term" US securities (having maturity greater than one year) for May. Known as the "TIC" data for Treasury International [...]
- Global| Jul 15 2004
Brazil's Retail Sales Up 10% in May
Brazil's retail sales extended a strong recovery in data reported today for May, which showed a third straight month of double-digit year-on-year growth. Furniture and appliances and motor vehicle dealers have participated in the [...]
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