- Small increase in initial claims very close to expected amount.
- Continuing claims come back down after prior week’s jump.
- Insured unemployment rate eases back to 1.2%.
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
USA| Dec 07 2023U.S. Jobless Claims Increase Just 1,000 in December 2 Week
- November reading well above 50, highest in a year-and-a-half.
- Production and new orders up most, show business activity strengthened.
- Inflation still strong, but did ease in latest survey.
USA| Nov 29 2023U.S. Advance Trade Deficit Widens Moderately in October
- Exports decline while imports were flat.
- Sizable reductions in exports of consumer goods, autos and “other” goods.
- Imports of capital goods up noticeably while autos and consumer goods decreased.
USA| Nov 22 2023U.S. Jobless Claims Less than Expected in Nov. 18 Week
- Initial claims in latest week down 24,000 from previous week.
- Continuing claims still high, but down from previous week.
- Insured unemployment rate holds at 1.2% for a seventh week.
USA| Nov 16 2023U.S. Home Builders Index Down for a 4th Month
- Reported home sales down 13% from October
- Prospective buyer traffic also weaker, down 19% from October
- The overall index did rise in the Northeast, but fell in other regions
USA| Nov 15 2023U.S. Empire State Manufacturing Survey More Positive in November
- New orders weaken, but shipments notably stronger
- Employment down this month, but expected to strengthen
- Inflation pressure still high, but did ease month-to-month
USA| Nov 14 2023U.S. NFIB Survey Shows Small Businesses Still Lacking Optimism
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Overall index down slightly in October
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Sales weakened in October to lowest reading since 2020 pandemic
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Quality of labor the most significant problem
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Inflation almost as great an issue
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USA| Nov 02 2023U.S. Manufacturers Have Large 2.8% Increase in New Orders
- September orders up in both durable and nondurable goods industries.
- Nondefense aircraft orders drive the September advance.
- Petroleum moved the nondurable goods sector.
- Marginal increase in inventories in September.
USA| Oct 31 2023U.S. Modest Uptick in Employment Cost Index Advance in Q3
- Wages and salaries up 1.2% in Q3, firmer that Q2 increase.
- Benefits increase 0.9%, repeating Q2 gain.
- Goods-producing industries have steady quarterly increase, services industries compensation firmer in Q3.
- Latest week up 10,000 from week before.
- Continuing claims 1.79 million, showing very slight uptrend.
- Insured unemployment rate still at 1.2%; high during 2023 just 1.3%.
USA| Oct 12 2023U.S. Jobless Claims Steady in Early October at 209,000
- Continuing jobless claims rise moderately by 30,000 in late September week.
- Rate remains at 1.1% for a 6th consecutive week.
- Hawaii still has highest state rate; New Jersey and California are next highest.
USA| Oct 05 2023U.S. Jobless Claims Rise 2,000 in Latest Week
- Continuing jobless claims edge down just 1,000 in Sept 23rd week
- Insured unemployment rate remains at 1.1% for a 5th week
- Hawaii has highest state rate, 2.4%
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