Gains in stock prices and signs of economic recovery in Japan helped lift the Japanese Consumer Sentiment Index by 2.7 points in Q3, to 40.0, the highest level in over two years. This survey of about 5,000 Japanese households was [...]
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| Oct 23 2003Japanese Consumers' Outlook Gains in Q3
- Global| Oct 22 2003
Foreign Trade Active in "Transition" Economies
Trade balances in three emerging countries, Poland, the Czech Republic and Turkey, which all reported data today, have been fairly stable in recent months. But those nations, which all have very "open" economies, are showing strong [...]
- Global| Oct 17 2003
Housing Starts Rebound in September
Housing starts rebounded in September by 3.4%, almost exactly offsetting their August decline. At a 1.888 million annual rate, they stood just 2,000 off the 17-year high of 1.890 million reached in July. Forecasters underestimated [...]
- Global| Oct 16 2003
Foreign Purchases of U.S. Securities Smaller in August, but Still Large by Historical Standards
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 August. Known as the "TIC" data for Treasury International [...]
- Global| Oct 15 2003
UK Unemployment Rate Lowest of Major Economies
Labor market conditions showed some relative improvement in the UK in the three months centered on July. The unemployment rate held at 5.0%, the same as in the three months centered on April (the customary style of the UK Statistics [...]
- Global| Oct 03 2003
Employment Decreases in Italy
Employment conditions at large Italian companies back-tracked in July, according to data reported on 3 October by Istat, the Italian statistical agency. The number of employees in the industrial sector fell 0.9% in the month and was [...]
- Global| Oct 02 2003
Euro-Zone PPI Up 0.2% in August, Index ex-Energy Is Flat
Producer prices in the Euro-Zone rose 0.2% from July to August, following a 0.1% move the month before. August compared to a year ago is up 1.4%, extending approximately that yearly pace through a fourth month. The month-to-month [...]
- Global| Oct 01 2003
Japanese TANKAN Shows First Positive Result in 2-1/2 Years
Large manufacturing companies in Japan reported the first net favorable result in the Bank of Japan's quarterly TANKAN business sentiment survey since the fourth quarter of 2000, as the Japanese economy shows further signs of pulling [...]
- Global| Sep 26 2003
Sales and Prices Improve in Japan
Progress is fitful, but both retail sales and consumer prices in Japan are showing signs of stabilization after their protracted declines. In August, retail sales rebounded by 2.8% from a similar-sized drop in July. After a steep drop [...]
- Global| Sep 25 2003
Czech Consumer Confidence Erodes; Business Confidence Holds Firm
Similar to the United States, the Czech Republic is presently experiencing GDP growth without appreciable employment gains. Newly reported data on consumer confidence for September show a worsening trend in people's moods that could [...]
- Global| Sep 24 2003
Falling Exports Reduce Euro-zone Current Account
The current account in the Euro-Zone is eroding this year. Monthly surpluses are mostly smaller than in 2002 and two months of 2003, April and July, have not had surpluses at all. This recent pattern reverses an up-trend in the [...]
- Global| Sep 19 2003
Hong Kong Trade & Finance Grow in Second Quarter -- Despite SARS
Hong Kong business sales data and industrial production showed widely divergent trends in the second quarter largely due to the differential impact of the SARS epidemic. Domestic activity and tourism were hit hard by the highly [...]
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