International trade for Australia looks to be very dynamic process. The trade balance widened to a significant deficit in 2003 and 2004, but moderated considerably in 2005, mirroring a pattern of decline and then rapid turnaround in [...]
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| Feb 03 2006Large Shipments to China Help Australia Trade Balance
- Global| Feb 02 2006
European Construction Activity Picks Up Some Steam
Low interest rates tend to help construction, and this has been the case in Europe recently.Eurostat this morning reported construction orders through Q3 2005 for the region as a whole and for selected countries through November. [...]
- Global| Feb 01 2006
Russian Growth Moderates in 2005; Inflation Still Up in Double-Digits
The State Committee of the Russian Federation reported GDP data today for the year 2005. Total GDP expanded 6.4% for the year as a whole. Assuming there are no meaningful revisions to the first three quarters of the year, the year-to- [...]
- Global| Jan 27 2006
Japan CPI Rises in December, a Second Consecutive Year/Year Increase
Japan business and government leaders today were excited to report a second straight month of positive consumer price performance. The most widely followed CPI series is the total excluding fresh food, and it rose 0.1% year-on-year in [...]
- Global| Jan 26 2006
BIS Totals $20.7 Trillion in International Banking Assets on 9/30
The Bank for International Settlements today reported international banking statistics for Q3 2005, on a provisional basis. These data are contained in Haver's BIS database, which includes basically all the tables in the BIS Quarterly [...]
- Global| Jan 25 2006
UK GDP Rises 0.6% in Q4: A Brief Summary
The "preliminary" estimate of GDP in the UK shows an improvement in growth for Q4, to 0.6%, from 0.4% in Q3. This result might surprise observers in light of several reports, the latest only yesterday, of deteriorating business [...]
- Global| Jan 25 2006
German Ifo Business Climate Index Turns Positive in January; Prospects in France Modestly Favorable
While business in the UK appears to be flagging, as reported here yesterday Louise Curley Curley, on the Continent, affairs look more favorable. Ifo, an independent research institute in Germany, relates today that its Business Climate [...]
- Global| Jan 24 2006
UK GDP Rises 0.8% in Q4: A Brief Summary
GDP in the UK gained 0.8% in Q4, the largest quarterly increase in 2-1/2 years, according to preliminary data reported today by the Office for National Statistics. The pick-up from 0.7% in Q3 occurred in the services sector. Contrary [...]
- Global| Jan 24 2006
Sweden Employment Gain Best in 5 Years; Unemployment Holds Below 5%
Sweden's labor market conditions were favorable during 2006, with growth in employment and declining unemployment. The December labor force survey, reported today by Statistics Sweden, shows growth in the labor force of 1.1% year/year [...]
- Global| Jan 20 2006
Retail Demand Holds Up in Several Countries, Especially for Durable Goods
Consumers in several countries are maintaining a rather firm spending pace, judged by new data on Total and purchases of goods. In fact, in Holland, the last few months have seen a smart rebound from a weak performance in 2003 and [...]
- Global| Jan 19 2006
Italian Industry Moves Unevenly Higher Through November
Industrial sales and orders rebounded markedly in Italy in November after pausing in October, according to data reported today by Istat, the Italian national statistical agency. Total orders gained 1.8% and stand 4.0% above a year [...]
- Global| Jan 18 2006
UK Labor Market Weakens in Late 2005
Employment has begun to falter in the UK, according to the latest Labor Force Survey, published today by the Office of National Statistics (ONS). In the 3 months centered on October, the number of people employed fell 49,000 from [...]
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