Initial unemployment insurance claims fell 10,000 to 328,000 in the week ended March 3, basically reversing the prior week's 7,000 increase. The figure was marginally lower than Consensus expectations for a decline to 330,000 claims. [...]
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| Mar 08 2007Initial Claims for Jobless Insurance Hover Around 330K
- Global| Mar 07 2007
U.S. Productivity & Unit Labor Costs: A Follow-Up
Yesterday, we wrote here about the sharp increases in hourly compensation and unit labor costs now seen in the productivity data for Q4. Compensation rose at an 8.2% annual rate, pushing unit labor costs up at a 6.6% pace. We [...]
- Global| Mar 07 2007
ADP Report Points to 57K Private Payroll Growth for February; Survey Revised, Series Added on Sector and Firm-Size
The ADP National Employment Report for February points to a 57,000 increase in private nonfarm payrolls. This measure is intended as a leading indicator for the "official" BLS data to be reported Friday, March 9. For January, the ADP [...]
- Global| Mar 07 2007
ADP Report Points to 57K Private Payroll Growth for February; Survey Revised, Series Added on Sector and Firm-Size
The ADP National Employment Report for February points to a 57,000 increase in private nonfarm payrolls. This measure is intended as a leading indicator for the "official" BLS data to be reported Friday, March 9. For January, the ADP [...]
- Global| Mar 06 2007
Q4 Productivity Revised Down; Bonus Payments Boost Unit Labor Cost
Nonfarm labor productivity was revised to 1.6% in Q4 from 3.0% reported a month ago. The revision was in line with market forecasts, which were based on the most recent revision to GDP. For 2006 as a whole, productivity was also up [...]
- Global| Mar 06 2007
Q4 Productivity Revised Down; Bonus Payments Boost Unit Labor Cost
Nonfarm labor productivity was revised to 1.6% in Q4 from 3.0% reported a month ago. The revision was in line with market forecasts, which were based on the most recent revision to GDP. For 2006 as a whole, productivity was also up [...]
- Global| Mar 02 2007
Household Expenditures in Japan Show First Yr/Yr Rise in 13 Months; Unemployment Holds at 4.0% for a Third Month
Consumer spending appears to be recovering in Japan. After a three-month-long decline last summer and early autumn, the index of household living expenditures gained 1.4% in January to 99.3 (seasonally adjusted, 2005=100), the highest [...]
- Global| Mar 02 2007
Household Expenditures in Japan Show First Yr/Yr Rise in 13 Months; Unemployment Holds at 4.0% for a Third Month
Consumer spending appears to be recovering in Japan. After a three-month-long decline last summer and early autumn, the index of household living expenditures gained 1.4% in January to 99.3 (seasonally adjusted, 2005=100), the highest [...]
- Global| Mar 01 2007
U.S. Personal Income Boosted by Bonuses; Core Prices Pick Up to 0.3%
Personal income surged by a full 1% in January, following unrevised gains of 0.5% and 0.3% in December and November, respectively. Consensus expectations had envisioned a 0.3% increase. Income was 5.3% ahead of January 2006. Wages & [...]
- Global| Mar 01 2007
U.S. Personal Income Boosted by Bonuses; Core Prices Pick Up to 0.3%
Personal income surged by a full 1% in January, following unrevised gains of 0.5% and 0.3% in December and November, respectively. Consensus expectations had envisioned a 0.3% increase. Income was 5.3% ahead of January 2006. Wages & [...]
- Global| Feb 28 2007
New Home Sales Fall 16.6% in January, Pay Back Late 2006 Gains
A month ago here, Tom Moeller explained that mild weather was likely behind an unexpectedly strong performance for new home sales. They were up 4.8% from November, which itself had risen markedly. All of that has now been reversed as [...]
- Global| Feb 28 2007
US 4Q GDP Revised Down to 2.2% Growth, in Line with Forecasts
U.S. real GDP grew 2.2% (AR) last quarter, revised from the unexpectedly large 3.5% reported last month. After release of December construction, trade and inventory data, market forecasters estimated the change to GDP fairly well in [...]
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