We've been impressed for some time with the evident strength in the European economy. Today, a summary of unemployment data for the entire region for November illustrates this well. The EU-12 group experienced 7.6% unemployment, down [...]
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 04 2007Corporate Profitability Strengthens in UK; Return on Capital Reaches Record 15.2% in Q3
UK corporations had a record operating surplus in Q3 2006 and earned record rates of return on capital. All private nonfinancial corporations returned 13.4% in gross operating surplus against gross capital stock and 15.2% on a net [...]
- Global| Jan 03 2007
German Labor Markets Maintain Gains; Unemployment at 4-Year Lows
The German labor markets look quite firm, according to labor force and unemployment data reported today for November and December. Total employment in November was 39.28 million, up 46,000 from October and 411,000 or 1.1% from [...]
- Global| Dec 29 2006
Local NAPM Reports Show Gains in December, but Include Weak Components
Industrial activity generally improved in December, according to local Purchasing Managers' surveys released December 28 and 29. In New York, a broad index covering both manufacturing and services edged higher after a strong rise in [...]
- Global| Dec 29 2006
Local NAPM Reports Show Gains in December, but Include Weak Components
Industrial activity generally improved in December, according to local Purchasing Managers' surveys released December 28 and 29. In New York, a broad index covering both manufacturing and services edged higher after a strong rise in [...]
- Global| Dec 28 2006
Consumer Confidence Increases Unexpectedly in December, but Net Gains Based in Fewer Negative Responses
Consumer confidence rose in December, according to the Conference Board's monthly survey. It went up 3.7 points to 109.0 (1985=100), the highest reading since April. November's figure was revised upward by 2.3% from 102.9 reported a [...]
- Global| Dec 28 2006
Existing Home Sales Also Up in November; Prices Are Down Slightly, but Supply Overhang Shrinks a Bit as Market [...]
After existing home sales had increased modestly in October, economists looked for them to retreat in November by about half of their October rise. Instead, the National Association of Realtors reported this morning, these home sales [...]
- Global| Dec 28 2006
Existing Home Sales Also Up in November; Prices Are Down Slightly, but Supply Overhang Shrinks a Bit as Market [...]
After existing home sales had increased modestly in October, economists looked for them to retreat in November by about half of their October rise. Instead, the National Association of Realtors reported this morning, these home sales [...]
- Global| Dec 27 2006
New Home Sales Gain 3.4% in November; Prices Also Up, Inventories Down
New home sales rebounded 3.4% in November to 1.047 million, almost reversing October's decline. October sales were revised higher by 9,000. The Action Economics consensus forecast called for a more modest increase to 1.020 million [...]
- Global| Dec 27 2006
New Home Sales Gain 3.4% in November; Prices Also Up, Inventories Down
New home sales rebounded 3.4% in November to 1.047 million, almost reversing October's decline. October sales were revised higher by 9,000. The Action Economics consensus forecast called for a more modest increase to 1.020 million [...]
- Global| Dec 26 2006
New Home Sales Gain 3.4% in November; Prices Also Up, Inventories Down
New home sales rebounded 3.4% in November to 1.047 million, almost reversing October's decline. October sales were revised higher by 9,000. The Action Economics consensus forecast called for a more modest increase to 1.020 million [...]
- Global| Dec 26 2006
Discretionary Consumer Spending Picks Up in US as Energy Outlays Fall
It seem appropriate on the Day after Christmas to look at consumer spending; last Friday here, Tom Moeller called our attention to the total PCE increase in November of 0.5% in current dollars and also 0.5% in real terms.One of the [...]
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