Retail sales data were reported today for four very different economies. While "globalization" may be bringing many aspects of the world economy closer together, these reports indicate that people's shopping behavior varies widely [...]
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| Aug 30 2006Summer Retail Sales Slow in Japan & Italy, Firmer in Norway & Slovenia
- Global| Aug 25 2006
New CPI Shows Smaller Upturn in Japanese Inflation
The Japanese Ministry of Internal Affairs and Communications (MIC) today released its five-year revision of the consumer price index. Analysts and media reporters were surprised to find a larger downward revision than projected and a [...]
- Global| Aug 24 2006
Poland Employment Gains; Unemployment Down, but Still Very High
Employment is rising in Europe, as we have noted frequently here recently. Poland, whose Central Statistical Office issued some July data today, is no exception. The enterprise sector saw an increase of 10,000 in July, following [...]
- Global| Aug 23 2006
Japan Trade Surplus Helped by More Car Exports, Flatter Oil Imports
Japan's trade balance appears to have stabilized after a surge in petroleum imports cut it back last year. In July, the balance was ¥800 billion, up from ¥624 billion a year ago and an average of ¥726 billion for 2005. Obviously, [...]
- Global| Aug 18 2006
Brazil's Large Exports Yield Record Current Account Surplus in July
A surge in merchandise exports pushed Brazil's current account to a record surplus in July, $3043 million, as reported late August 17 by the Central Bank of Brazil. With seasonal adjustment by Haver Analytics, the balance is $2203 [...]
- Global| Aug 17 2006
German Employment Grows in Q2 -- and So Does Productivity
The German Federal Statistics Office today published the employment data that are inputs to the national accounts. So we can compare changes in GDP to changes in employment, yielding a rough measure of productivity in the German [...]
- Global| Aug 16 2006
Q2 GDP Eases in Greece & Falls in the Palestinian Territories But Gains in Israel
Three Mediterranean regions reported Q2 GDP today. In Greece, total GDP eased 0.3% from Q1, Israel saw growth of 1.5% and the Palestinian Territories' GDP fell 1.7%. The Greek data featured a decline in domestic demand in Q2 after it [...]
- Global| Aug 04 2006
Pause in Canada Labor Market Advance
We last wrote about the Canadian labor force four months ago and we extolled the 31-year low in unemployment, 6.3% in March. After an uptick in April, the rate dropped to another 31-year low of 6.1% in both May and June. But July saw [...]
- Global| Aug 03 2006
CPI Inflation in Turkey & Macedonia: Up, but Not High
Inflation in Turkey has picked up a bit in recent months, but remains quite modest compared with Turkey's historical experience. The CPI in July was up 1.7% from June, seasonally adjusted (by Haver Analytics), and 11.7% from a year [...]
- Global| Aug 02 2006
Local Employment Data Show Gulf Port Cities Still Struggle 9 Months After Katrina, But Houston Gains
As the first potential hurricane of 2006, Chris, forms near the Dominican Republic and Cuba, we are reminded, of course, of the drastic impact of last year's Katrina. This morning, the BLS released the household survey data for June [...]
- Global| Jul 28 2006
Japan Labor Data Ease in June, But Conditions Remain Positive
Japanese stocks rose and bonds fell after a plethora of economic data that traders deemed favorable today. June consumer prices showed an eighth straight month of year-on-year increase in the most popular measure, the total less fresh [...]
- Global| Jul 27 2006
Low Unemployment in Nordic Countries
Unemployment is falling in Europe. With the notable exception of the UK, unemployment rates are moving lower in most European countries. In May, the rates in Germany and France were both at their lowest since late 2002. Today, the [...]
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