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 [...]
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 had broad experience in analysis and forecasting of flow-of-funds accounts, the federal budget and Federal Reserve operations. At Nomura Securities, 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 was 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 conducted 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 had a PhD from NYU's Stern School of Business. She lived in Brooklyn, New York, and had a weekend home on Long Island.
Publications by Carol Stone, CBE
Global| Jul 15 2004Brazil's Retail Sales Up 10% in May
Global| Jul 07 2004German Factory Orders Gain Further, Pushed by Foreign Demand
Orders received by German factories were strong again in May, extending a sharp rebound into a second month. Total orders rose 1.8% month-to-month, after 2.0% in April; February and March had had modest increases. In the table below, [...]
Global| Jul 02 2004Global Manufacturing Growth Plateaus in June
After a sharp acceleration during much of 2003, manufacturing growth around the [statistically known] world seems to be stabilizing. In the purchasing managers surveys compiled by NTC Research in London in collaboration with JPMorgan, [...]
Global| Jul 01 2004Japanese Industry Improves Further in Q2
The Bank of Japan today released the TANKAN Survey for the second quarter, and once again, conditions came out better than forecast three months ago. The actual result for large manufacturing firms was, at +22, a full 10 points higher [...]
Global| Jun 30 2004Interconnected Global Labor Trends Impact Consumer Confidence
Consumer confidence improved somewhat in Europe in June, as shown in the monthly Euro-Zone survey. The move is not substantial, just reversing May's 2-point deterioration, but it brought the Indicator back to -14, its lowest since [...]
Global| Jun 25 2004Consumer Prices Still Weak in Japan
Analysts had projected that Japan's core CPI for Tokyo would finally stop falling in June. But it did not. It was down, just a little, but still down by 0.1% from a year ago. On the heels of this report, which also included widespread [...]
Global| Jun 24 2004British Industry Survey Suggests Recovery Near
The CBI Industrial Trends Survey for the UK shows some moderation in orders and expected output in June from May. Orders, after turning briefly positive in May at +1, slipped back to negative territory with a -6 reading for June. [...]
Global| Jun 23 2004Japanese Exports and Imports Both Grow in May
Japanese trade flows are growing with some vigor. Exports rose a steep 7.3% in May to ¥5.24 billion, a record high outstripping by 7.2% the previous record of ¥4.89 billion, which was only just reached last December. Press reports [...]
Global| Jun 18 2004Italy Industrial Orders Gain as Euro Softens
Exchange rates matter. The latest data on Italian industry orders indicate that trends in orders from foreign customers and in the value of the euro tend to shift more or less at the same time. In our graph of year-on-year percent [...]
Global| Jun 17 2004Hong Kong Employment Rises, But Underemployment Still High
The labor market in Hong Kong looks to be improving gradually. Employment is rising month by month and has done so six of the last seven months. This is a distinct turnaround from declines that spanned most of the previous nine [...]
Global| Jun 16 2004Inflation in All of Europe Higher with Energy Price Boost
Fuel costs are pushing up consumer prices in Europe now as well as in the US. May data for the new grouping, the Euro-Zone-25, show a significant acceleration of year-on-year CPI gains over the last two months. The 2.5% reading for [...]
Global| Jun 11 2004Layoffs Associated with "Movement of Work": New BLS Series
New data from the BLS show that roughly 10% of companies' extended mass layoffs during the first quarter of 2004 were associated with the movement of work. Of 1,204 so-called layoff "events", 119 were connected to relocations and one- [...]
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