Sales of light vehicles totaled 17.44 million units (SAAR) in September, up 4.3% on the month but down 4.0% on the year. August's sales had been 16.72 million. The September results were the strongest since November 2017, when they [...]
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 02 2018U.S. Light Vehicle Sales Rebound to 10-Month High
- Global| Oct 01 2018
ISM Factory Sector Index Eases, Prices Slower Too
The ISM composite index of activity in the factory sector decreased to 59.8 in September from 61.3 in August. A reading of 60.1 was expected in the Action Economics Forecast Survey. During the last ten years, there has been a 74% [...]
- Global| Sep 27 2018
U.S. Pending Home Sales Fall Again
The National Association of Realtors (NAR) reported that pending sales of existing homes fell again in August, dropping 1.8% after July's 0.8% decrease, revised from -0.7%. This latest move was the fourth decline in the last five [...]
- Global| Sep 27 2018
U.S. Initial Claims for Unemployment Insurance Increase Moderately
Initial unemployment insurance applications rose to 214,000 (-17.1% y/y) during the week ended September 22 from 202,000 in the prior week, which was revised up by 1,000. A smaller increase to 206,000 was anticipated in the Action [...]
- Global| Sep 20 2018
U.S. Financial Accounts See Borrowing Ease with Downswing in Federal Government Needs
Borrowing in U.S. financial markets slowed in Q2 2018, according to the Federal Reserve's Financial Accounts data, totaling $2,596 billion at a seasonally adjusted annual rate, compared to $4,512 billion in Q1. The federal government [...]
- Global| Sep 20 2018
U.S. Initial Claims for Unemployment Insurance Edge Down Further
Initial unemployment insurance applications decreased to 201,000 (-21.2% y/y) during the week ended September 15 from 204,000 in the prior week, which was unrevised. This was the smallest number of initial claims since November 15, [...]
- Global| Aug 23 2018
U.S. FHFA House Price Index Traces Slower Growth Path
The Federal Housing Finance Agency (FHFA) Price Index for house purchases rose 0.2% in June (6.5% y/y), following a 0.4% increase in May, which was revised from 0.2%. Over the last three months, the index was up at a 3.2% annual rate. [...]
- Global| Aug 16 2018
U.S. Initial Claims for Unemployment Insurance Decline
Initial claims for unemployment insurance decreased to 212,000 during the week ended August 11 from 214,000 the week before, which was revised up by 1,000. The Action Economics Forecast Survey called for a 215,000 reading. The four- [...]
- Global| Aug 16 2018
U.S. Initial Claims for Unemployment Insurance Decline
Initial claims for unemployment insurance decreased to 212,000 during the week ended August 11 from 214,000 the week before, which was revised up by 1,000. The Action Economics Forecast Survey called for a 215,000 reading. The four- [...]
- Global| Aug 15 2018
U.S. Home Builder Index Drifts Lower
The Composite Housing Market Index (HMI) from the National Association of Home Builders-Wells Fargo decreased 1 point in August to 67 from 68 during July, which was unrevised; this month’s reading is unchanged from August 2017. It [...]
- Global| Aug 03 2018
U.S. Trade Deficit..............
The U.S. trade deficit in goods and services fell to $43.1 billion in May from a slightly downwardly revised $46.1 billion during April............ The international trade data can be found in Haver's USECON database. Detailed figures [...]
- Global| Aug 03 2018
U.S. Trade Deficit Widens in June
The U.S. trade deficit in goods and services widened to $46.3 billion in June from May’s $43.2 billion; May was revised marginally from $43.1 billion. The June result was quite close to the Action Economics Forecast Survey estimate of [...]
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