Besides the US, three other countries reported March trade data today. And like the US, most of these data showed gains in both exports and imports. Similarities end there, however. Canada's trade surplus increased by C$0.3 billion [...]
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| May 12 2004Two-Way Trade Gains in Canada, France and Hungary
- Global| May 07 2004
Canada Labor Market Sustains Gains; Fares Better than U.S.
Employment in Canada rose by nearly 50,000 in April, rebounding from two monthly declines. The job gain helped push the unemployment rate down 0.2% to 7.3%, the lowest since September 2001. The rate had peaked at 8.0% in December 2001 [...]
- Global| May 06 2004
German Industry Relying on Foreign Demand
Factory orders in Germany eased in March by 0.5%, but maintained their relatively high levels of the prior five months and extended a mostly rising trend into an 11th month. German data are classified according to the origin of the [...]
- Global| May 05 2004
Growth Steady in Euro-Zone Service Sector after Slowing in March
The Euro-Zone Purchasing Managers Index for the service industries remained basically steady in April at 54.54, compared with March's 54.40. Employment gained, notably, and new business edged higher. But expectations eroded, perhaps a [...]
- Global| Apr 30 2004
More Japanese Labor Data Extend Mixed Improvement
A couple of weeks ago, we commented on Japanese industry employment data that showed some improvement through February, although the gain was narrowly focused on the service sector. Today, the comprehensive labor force survey for [...]
- Global| Apr 29 2004
Business Sentiment Up in Italy, Down in France
Business leaders in France and Italy tend to think alike, as suggested by the chart at left. The French "General Outlook" index for production has a 75% correlation with the Business Confidence Indicator in Italy. However, in recent [...]
- Global| Apr 27 2004
Consumer Sentiment Gains in Czech Republic, Slovakia & Sweden
Yesterday, the US Conference Board reported a jump in US consumer confidence in April. The comparable survey in Japan, also issued yesterday, was favorable as well. Today, three smaller economies in Europe all reported that their [...]
- Global| Apr 22 2004
Unemployment Rates on Varying Paths in Israel, Poland & Russia
Labor market conditions are mixed in three countries reporting data today. Unemployment rates are high and/or rising in Israel and Poland, but easing in Russia. At the same time, employment patterns don't necessarily match the [...]
- Global| Apr 21 2004
Trade Expanding in Japan, Italy & India
Trade flows are increasing. Three large, but otherwise very diverse countries reported trade data today which show markedly rising trends in BOTH exports and imports. This development indicates widespread gains in economic activity, [...]
- Global| Apr 16 2004
UK Employment Up, Unemployment Down in Latest 2 Monthly Reports
Labor market conditions in the UK have improved markedly in the most recent months. The number of people employed ("labor force employment" in the table below) jumped 120,000 in the December reporting period and another 58,000 in the [...]
- Global| Apr 15 2004
Japanese Job Market Struggles Toward Recovery
Employment in Japan in February showed further signs of recovery, as a jobs index released today by the Ministry of Health, Labor and Welfare ticked up to 98.6 (seasonally adjusted, 2000=100), its highest level since March of last [...]
- Global| Apr 14 2004
Strong Euro Reduces Energy Impact on European Inflation
In addition to the US, a cluster of countries reported March CPI data today. For most, there was little movement in overall inflation on a year-to-year basis. Rates were steady between February and March, as in Italy, where divergent [...]
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