Japan's trade surplus shrank markedly in August from a year ago, reaching ¥116.3 billion from ¥572.9 billion. Exports grew vigorously, up 9.1%, but imports leaped 21.1%. As might be expected, petroleum accounted for a significant [...]
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| Sep 22 2005Japan's Trade Surplus Shrinks; Petroleum Is Only Part of the Reason
- Global| Sep 21 2005
Labor Costs Weak in Europe, Following Slow GDP Growth
It is widely observed that there are major dislocations in European labor markets. Debate over reforms of present labor regulations in Germany, for instance, has basically paralyzed the government as last Sunday's elections gave no [...]
- Global| Sep 16 2005
Euro-Zone Harmonized CPI Inflation Only Slightly Higher in August; "Core" Remains Steady
The Euro-Zone CPI inflation picked up marginally in August, reaching 2.24% after July's 2.16% year-on-year pace. Notably, however, these are both lower than the 2004 rate of 2.36%. Eurostat reported these data this morning at 5:00AM [...]
- Global| Sep 15 2005
Energy in China
China's National Bureau of Statistics published energy production data today for August. Their statisticians convert various forms of energy to a coal-equivalent volume. In August, total energy output amounted to 154.28 million tonnes [...]
- Global| Sep 14 2005
Good Growth in Irish Employment; Unemployment Rate Low in Q2
As we monitor large economies around the world, it's easy to lose track of their smaller neighbors. Ireland's Central Statistics Office reported employment and unemployment data this morning for Q2. The labor market there is strong [...]
- Global| Sep 09 2005
UK Trade Balance Widens in July, Offsetting June Drop
The trade deficit in the UK widened anew in July, according to data reported today by the Office of National Statistics (ONS). After a jump in exports lowered the June deficit to -£2.21 billion, the July deficit was -£3.43 billion, [...]
The Australian economy remains strong, as labor markets show favorable trends and GDP growth in Q2 was the best since late 2003. August's labor force survey included a gain in employment of 32,600, following July's 12,100. One [...]
- Global| Sep 07 2005
Industrial Production Gains in Europe: Can That Pattern Be Sustained?
Industrial production in Europe appears to be holding up well, according to data for four countries reported today for July. Month-to-month movements are a bit erratic, but trends are distinctly upward, nonetheless. As Louise Curley [...]
- Global| Aug 26 2005
Energy Prices: Gasoline High, Natural Gas Takes Surprising Jump, Too
Perhaps it's not necessary to document energy prices so, ah, graphically. But their changes have been dramatic, and the reaction of the University of Michigan Consumer Sentiment survey (see above) is probably just the first obvious [...]
- Global| Aug 26 2005
U.S. Consumer Sentiment Drops Further in Final August Report
The University of Michigan Index of Consumer Sentiment for August was revised markedly in the final report issued this morning. Forecasters, already surprised by a decrease of 3.8 points in the preliminary figure, expected that level [...]
- Global| Aug 26 2005
U.S. Consumer Sentiment Drops Further in Final August Report
The University of Michigan Index of Consumer Sentiment for August was revised markedly in the final report issued this morning. Forecasters, already surprised by a decrease of 3.8 points in the preliminary figure, expected that level [...]
- Global| Aug 25 2005
German IFO Index Decreases in August, But Expectations Edge Higher
The German IFO Business Climate survey deteriorated anew this month after a hopeful improvement in July. The Business Climate Index eased to 94.6 (2000=100) from July's 95.0; forecasts had called for it to edge upward instead, to [...]
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