The University of Michigan's Index of Consumer Sentiment dropped sharply in early December to 74.5 (Q1 1966 = 100) from 82.7 in November. This move negated market forecasts for a steady reading of 82.8, and returned the index about to [...]
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| Dec 07 2012
U.S. Consumer Sentiment Weakens Markedly in Early December
Global| Dec 07 2012
U.S. Consumer Sentiment Weakens Markedly in Early December
The University of Michigan's Index of Consumer Sentiment dropped sharply in early December to 74.5 (Q1 1966 = 100) from 82.7 in November. This move negated market forecasts for a steady reading of 82.8, and returned the index about to [...]
Global| Dec 07 2012
U.S. Consumer Sentiment Weakens Markedly in Early December
The University of Michigan's Index of Consumer Sentiment dropped sharply in early December to 74.5 (Q1 1966 = 100) from 82.7 in November. This move negated market forecasts for a steady reading of 82.8, and returned the index about to [...]
Global| Dec 06 2012
U.S. Flow-of-Funds Data Show Slower Credit Market Borrowing in Q3
The Federal Reserve quarterly Flow-of-Funds data show some easing in credit market borrowing in Q3, at $887 billion, seasonally adjusted annual rate, down from $1,166 billion in Q2, $1,415 billion in Q1 and an average of $929 billion [...]
Global| Dec 06 2012
U.S. Flow-of-Funds Data Show Slower Credit Market Borrowing in Q3
The Federal Reserve quarterly Flow-of-Funds data show some easing in credit market borrowing in Q3, at $887 billion, seasonally adjusted annual rate, down from $1,166 billion in Q2, $1,415 billion in Q1 and an average of $929 billion [...]
Global| Nov 16 2012
U.S. Mortgage Delinquency Rates Continue Modest Improvement
The Mortgage Bankers Association reported on November 15 that delinquencies on mortgages for 1-4 family homes eased in Q3 to 7.4% of the total mortgages serviced. This ties for the lowest delinquency rate since Q3 2008, when the [...]
Global| Nov 08 2012
U.S. Trade Deficit Narrows in September as Exports Rebound
The U.S. foreign trade deficit eased to $41.5B in September from $43.8B in August, revised from $44.1B. This was noticeably better than the Action Economics consensus forecast increase to $45.0B. This was also the most favorable [...]
Global| Nov 07 2012
U.S. Consumer Credit Up in Non-Revolving; Credit Card Debt Falls
Consumer credit increased $11.4B in September, following a modestly revised $18.3B gain in August, the Federal Reserve reported. The September gain was slightly larger than the $10.3B forecasters expected, according to the Action [...]
Global| Nov 01 2012
New ADP Survey Shows 158,000 October Payroll Increase
An expanded employment survey sample for the Automatic Data Processing (ADP) payroll gauge shows a net gain in private payrolls of 158,000 jobs for October. This is stronger than the new ADP survey reading in September of 113,000 and [...]
Global| Sep 12 2012
U.S. Import Prices Turn Higher on Petroleum
U.S. import prices rose 0.7% in August, the first monthly increase since March, driven by a 4.1% surge in petroleum. July's total decreased 0.7%, revised from -0.6% reported initially. The August total was actually somewhat lower than [...]
Global| Sep 10 2012
Consumer Credit Falls $3.3B in July
Consumer credit declined in July, by $3.3B, seasonally adjusted, the first outright decline since August 2011. However, revisions to recent months raised their amounts, June from $6.5B reported previously to $11.8B in today's data, [...]
Global| Jun 28 2012
U.S. Consumer Sentiment Recovers in Late June
Consumer sentiment picked up in late June from the early month reading of the University of Michigan's Index of Consumer Sentiment, putting the month's overall index at 84.1, just marginally lower than May's firm 84.5 figure. June's [...]
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