Labor markets in Australia look prosperous. While this labor force survey shows that the number of people employed fell 41,000 in May, that decline followed sizable rises the two months before. Year-on-year, employment was up 2.0% in [...]
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| Jun 10 2004Australia Employment Maintains Uptrend, Despite Decrease in May
- Global| Jun 09 2004
German CPI has largest 12-Month rise in 2 years, due to energy, government-regulated sectors
Germany's CPI picked up in May, driving mainly by higher energy prices, particularly gasoline. The year-on-year rate was 2.0%, up from 1.6% in April and the strongest advance since March 2002. The impact of energy is seen in the [...]
- Global| Jun 04 2004
Canada Labor Market Improves Further
The labor market in Canada extended its improvement in May, with yet another good rise in employment and a further retreat in unemployment. Employment went up 56,100, taking the employment rate up to 62.6% of the population aged 15 [...]
- Global| Jun 03 2004
Euro-Zone Services Activity Picks Up in May
The Euro-Zone Purchasing Managers Index for the service industries gained 1.22 points last month. Employment, new business and expectations all contributed, while outstanding business slowed. These international PMI surveys are [...]
- Global| Jun 02 2004
Rebound in German Retail Sales
Retail sales in Germany surged 2.8% in April, seasonally adjusted in current prices, according to data published today by the Deutsche Bundesbank. This increase halted a five-month string of declines that totaled 5.3%. These sales [...]
- Global| May 28 2004
Japan Employment and Consumer Spending Have Big Gains in April
Japan's economy gave more signs of building momentum in April. This has reached the consumer sector in a significant way. First, the labor force survey showed a sizable 240,000 increase in the number of people reporting they are [...]
- Global| May 27 2004
Steadying GDP Trends in Brazil, Philippines; Investment Grows
US financial markets are on alert during the middle of the first month of each quarter as companies report profits, a period that investors and traders refer to informally as "earnings season". Similarly, the second half of the middle [...]
- Global| May 26 2004
GDP Growth Moderates in 3 Countries, But Key Sectors Remain Firm
GDP reported today for Q1 2004 in the UK, Spain and Malaysia showed slower growth than in the final quarter of 2003, but important segments of each of those economies still show signs of strength. This was the second report of the UK [...]
- Global| May 21 2004
Some Demand and Supply Factors in the US Oil Market
We noted here this past Tuesday the push in retail gasoline prices above $2.00/gallon for the first time ever. The price of the US benchmark crude oil has closed above $40/barrel every day since May 11. The oil market is a world-wide [...]
- Global| May 20 2004
Canadian CPI Picks Up with Energy; Core Inflation Remains Low
The CPI in Canada picked up modestly in April, rising 0.3% after three successive weak months. A sharp rise in energy seems to be the main culprit. Food prices have been flat to down all year long and the core rate, as seen in the [...]
- Global| May 19 2004
Employment Stabilizes in 3 Countries, but Unemployment Unimproved
Labor market conditions have been mixed in several moderately sized economies in Europe and western Asia, which reported current figures today. In several of these nations, however, signs suggest that a stabilization has perhaps [...]
- Global| May 14 2004
Upturn in Spain's CPI Led by Energy, as Euro Falls
CPI inflation in Spain picked up last month to a 2.7% year/year increase from just 2.1% in February. While 2.7% is not a "high" inflation rate for Spain, the steep upturn from February's pace is an unusual one-month move. As evident [...]
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