The number of employed workers in Spain passed 20 million in Q4, a record and a new milestone. The Spanish labor market continues to impress with its vigor. Growth rates are moderating a bit, but conditions remain strong overall. The [...]
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| Jan 25 2007China GDP Grows 10.7% in 2006, But Manufacturing Gains Appear To Moderate Late in the Year
China's economy continued to expand rapidly in Q4, according to GDP data reported today (Jan 25). The Q4 GDP was 10.4% above that for Q4 2005, making the whole year 10.7% above 2005. This was the strongest yearly performance since [...]
- Global| Jan 19 2007
Michigan Consumer Sentiment Gauge Rebounds Sharply on Optimistic View of Business Conditions & Personal Finances
The University of Michigan's preliminary reading of consumer sentiment this month jumped from December's 91.7 to 98.0 (Q1 1966 = 100). This contrasted sharply with forecast expectations for only a modest rise to 92.0-92.5. Both [...]
- Global| Jan 19 2007
Michigan Consumer Sentiment Gauge Rebounds Sharply on Optimistic View of Business Conditions & Personal Finances
The University of Michigan's preliminary reading of consumer sentiment this month jumped from December's 91.7 to 98.0 (Q1 1966 = 100). This contrasted sharply with forecast expectations for only a modest rise to 92.0-92.5. Both [...]
- Global| Jan 18 2007
Total Housing Starts Rise, But Single-Family Units Fall Anew
December housing starts appeared to gain some forward momentum, with a 4.5% advance. The resulting 1.642M was considerably better than Consensus expectations for renewed decline to 1.563M starts. For all of 2006 starts of 1.819M was [...]
- Global| Jan 18 2007
CPI Rises 0.5% with Pick-Up in Energy
The December consumer price index (CPI-U) rose 0.5% after November's flat reading. In fact, this was the first increase since August. The monthly change was in line with consensus expectations at a 0.5% rise. The 12-month inflation [...]
- Global| Jan 18 2007
Initial Unemployment Insurance Claims Fall Again; Low Since Feb 2006
Initial unemployment insurance claims continued to fall last week, decreasing 8,000 to 290,000, now the lowest level since last February. Consensus expectations had been for 310,000, which would have meant some reversal of the [...]
- Global| Jan 18 2007
Total Housing Starts Rise, But Single-Family Units Fall Anew
December housing starts appeared to gain some forward momentum, with a 4.5% advance. The resulting 1.642M was considerably better than Consensus expectations for renewed decline to 1.563M starts. For all of 2006 starts of 1.819M was [...]
- Global| Jan 17 2007
Treasury TIC Data Show Sizable Foreign Investment in November, but Also Record US Investment Abroad
The US Treasury's monthly compilation of capital flows shows sizable foreign investment in US securities in November, amounting to $107.4 billion, purchases net of sales. This is modestly more than October's $104.2 billion and $107.0 [...]
- Global| Jan 12 2007
Broad Industrial Production Advance in India
Industrial production in India was strong again in November, extending a long but irregular uptrend in the industrial sector of that rapidly emerging economy. According to the Central Statistical Organization, IP was up 5.5% in the [...]
- Global| Jan 11 2007
Big Gain in Australia Employment; Unemployment Remains at All-Time Low
Employment in Australia grew 45,000 in the month of December, about the same as in November and far above the consensus expectation of 15,000 given in one news service forecast survey. This put the year-to-year growth rate at 3.0%. [...]
- Global| Jan 10 2007
Export Growth Spread Around the Country: Texas Leads but Other States Participate
The US Census Bureau publishes a voluminous amount of foreign trade data. So along with the national summary reported on by Tom Moeller, we will highlight for you one specific set of associated data, exports by state. These shipments [...]
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