After long periods of sluggishness, the economies in Europe seemed finally to be recouping some strength during the first quarter. Reports for Germany, France, Italy and the Netherlands all showed decent growth in Q1, in some cases [...]
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| Apr 13 2004Good Q1 Gains in GDP in 4 European Countries
- Global| Apr 02 2004
BoJ Restructures TANKAN Survey to Match "New Economy"; March Results Better than Companies Expected
The Bank of Japan (BoJ) has reorganized the key TANKAN survey, its widely followed quarterly measure of business sentiment. In the initial report, issued yesterday, April 1, the new Business Conditions reading for March is -5, [...]
- Global| Apr 01 2004
Global Manufacturing Expansion Continues, But Will Rising Energy Costs Hurt?
Purchasing Managers' surveys in many countries showed manufacturing activity improved in March, according to a compilation published by NTC Research, an affiliate of Reuters in London. For some regions, an improving trend was [...]
- Global| Mar 31 2004
Canada GDP Slowed in January
The Canadian economy paused in January after four successive gains in monthly GDP. The decrease was a modest -0.1%, including a similar slip in industrial production and a minuscule easing in service-producing industries. [...]
- Global| Mar 25 2004
Volume Gains & Cost Cutting Lift Q4 Corporate Profits
The "final" release of U.S. GDP for Q4-2003 showed virtually no revision from the "preliminary" 4.1% growth. Upward revisions to PCE-services and nonresidential structures were offset by downward shifts in inventories and state and [...]
- Global| Mar 24 2004
Q4 Pick-Up in Investment Helps South Korean Economy
The South Korean economy ended 2003 on a firm note as GDP grew 2.7% (seasonally adjusted) in the fourth quarter, that is, 11.3% annualized. It stood 3.9% above the fourth quarter of 2002 and for the year as a whole, GDP was 3.1% above [...]
- Global| Mar 19 2004
Sluggish Demand Pushes Italy Trade into Deficit
International trade in Italy has shifted back into deficit in recent months after maintaining a surplus for nearly all of 2001 and 2002. Declines in exports are responsible, while imports have been sluggish. Further, the weakening of [...]
- Global| Mar 18 2004
Euro-Zone Labor Costs Slower than in US
Eurostat today published hourly labor cost data for the Euro-Zone for Q4 2003. Total labor costs are seen to have moderated last year after a pick-up in 2001 and 2002. This pattern was exhibited in both wage costs and "other" costs, [...]
- Global| Mar 17 2004
Singapore Exports Lift Trade Surplus
Trade in Singapore remains in comfortable surplus through February as exports continue to grow more rapidly than imports. Growth rates of both are erratic from month to month, but uptrends show the signs of world-wide economic revival [...]
- Global| Mar 10 2004
Japan Current Account at Record, Bolstered by Services & Income Flows
Japan's seasonally adjusted current account surplus widened to a record in January, according to the Bank of Japan/Ministry of Finance report on the nation's Balance of Payments issued today. The increase over December was ¥345 [...]
- Global| Mar 05 2004
Energy Output Lifts Norwegian Industrial Production
Industrial production in Norway rose 1.5% in January, making a 0.5% cumulative gain since January 2003. However, most traditional sectors of Norwegian industry experienced declines. Total manufacturing, for example, was off 2.8% in [...]
- Global| Mar 04 2004
Inflation Coming Under Control in Latin America
"Low inflation in Latin America" seems almost an oxymoron. Nonetheless, of three major economies in the region, inflation is low and, in one instance, almost non-existent. Chile, whose CPI was reported today for February, has in fact [...]
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