Initial applications for unemployment insurance rose to 236,000 (-9.2% y/y) during the week ended August 26 from 235,000 the prior week; that was revised marginally from 234,000 initially reported. Expectations in the Action Economics [...]
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 had broad experience in analysis and forecasting of flow-of-funds accounts, the federal budget and Federal Reserve operations. At Nomura Securities, 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 was 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 conducted 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 had a PhD from NYU's Stern School of Business. She lived in Brooklyn, New York, and had a weekend home on Long Island.
Publications by Carol Stone, CBE
Global| Aug 24 2017U.S. Existing Home Sales Ease, as Prices Also Dip
Sales of existing homes fell 1.3% (+2.1% y/y) during July to 5.440 million units (AR) from a slightly revised 5.510 million in June. It was the lowest volume of sales since August 2016. Expectations were for 5.570 million sales in the [...]
- Global| Aug 24 2017
U.S. Initial Unemployment Insurance Claims Edge Up 2,000
Initial unemployment insurance applications rose to 234,000 (-10.0% y/y) during the week ended August 19 from an unrevised 232,000 during the prior week. Expectations in the Action Economics Forecast Survey were for 238,000 claims. [...]
- Global| Aug 23 2017
U.S. New Home Sales Decline Unexpectedly
Sales of new single-family homes in July fell 9.4% to 571,000 following an upwardly revised June gain of 1.9% to 630,000. The latter was revised from 610,000. The July volume was the lowest since December's 548,000. Expectations in [...]
- Global| Aug 22 2017
U.S. Gasoline Prices Change Little; Crude Oil Costs Ease Further
Regular gasoline prices edged down 2 cents in the week ended August 21 to $2.36 per gallon (7.6% y/y), remaining below the recent high of $2.45 per gallon in late-April. Haver Analytics constructs factors adjusting for the seasonal [...]
- Global| Aug 04 2017
U.S. Trade Deficit Narrows Yet Again
The U.S. trade deficit in goods and services was $43.6 billion in June after May's $46.4 billion; that earlier figure was revised from $46.5 billion and compares to $43.8 billion in June 2016. The Action Economics Forecast Survey [...]
- Global| Jul 06 2017
U.S. Trade Deficit Narrows with Higher Exports and Slightly Lower Imports
The U.S. trade deficit in goods and services narrowed to $46.5 billion in May from April's $47.6 billion, which was only minimally revised, contrasting with $41.5 billion in May 2016. Expectations in the Action Economics Forecast [...]
- Global| Jun 15 2017
U.S. Import Prices Slow as Petroleum Falls, Other Prices Flat
Import prices fell 0.3% in May (2.1% y/y) following April's 0.2% increase, which was revised from 0.5%. The Action Economics Forecast Survey anticipated no change. These figures are not seasonally adjusted, and they can potentially be [...]
- Global| Jun 08 2017
U.S. Financial Accounts Exhibit Mixed Pattern of Q1 Borrowing as Total Borrowed Slowed
The Federal Reserve's Financial Accounts data show continued slowing of debt issuance in U.S. financial markets in Q1 2017. The total came to $1,197 billion at a seasonally adjusted annual rate, down from $1,742 billion in Q4. The Q1 [...]
- Global| Jun 02 2017
U.S. Trade Deficit Widens as Exports Ease and Imports Rise
The U.S. trade deficit in goods and services widened to $47.6 billion in April, compared to $45.3 billion in March, initially reported as $43.7 billion, and $38.4 billion in April 2016. Expectations had been for a $45.8 billion [...]
- Global| May 04 2017
U.S. Initial Claims for Unemployment Insurance Fall Back; Continuing Claims Hit 29-Year Low
Initial claims for unemployment insurance dropped back to 238,000 during the week ended April 29 from 257,000 in the prior week, which was unrevised. Expectations in the Action Economics Forecast Survey had called for 246,000 claims. [...]
- Global| Apr 28 2017
U.S. Employment Cost Index Has Stronger Gain
Lifted by outsized rises in several industries, the employment cost index for civilian workers rose 0.8% (2.4% y/y) during Q1'17, compared to just 0.5% in Q4'16. A 0.6% rise had been expected in the Action Economics Forecast Survey. [...]
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