Six months ago, we wrote about labor market conditions in Canada, describing them as a bit shaky after three years of growth. Such hesitancy is still evident in an uneven pattern of employment gains, slow in the first quarter and [...]
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| Jul 07 2005Australia Unemployment Falls; Employment Passes 10 Million
Australian labor markets are showing marked strength, according to labor force data reported today by the Australian Bureau of Statistics. The unemployment rate fell to 5.0%, the lowest reading since monthly surveys began in February [...]
- Global| Jul 06 2005
UK Corporations Achieve High Profitability in Q1, Led by Oil Companies and Service Industries
Net rates of return for UK corporations have run strong in the last several quarters. The first quarter's outcome, 13.3%, was the third highest in the 16-year history of these quarterly data. These figures on corporate profitability [...]
- Global| Jul 01 2005
Japanese Employment, Unemployment and TANKAN All Show Improvement
The Japanese labor market looks to be turning around. We last wrote about these employment data three months ago, and in that discussion, Louise Curley called them "disappointing" for February. Another weak performance followed in [...]
- Global| Jun 30 2005
French Unemployment High, Consumer Confidence Low; Germany Sees Slight Declines in Unemployment
Unemployment is creeping higher in France, with the unemployment rate for May holding at April's 10.2% of the labor force, according to INSEE's monthly labor force survey, released today. The rate there, defined according to the ILO [...]
- Global| Jun 29 2005
Japanese Industrial Output Sluggish; Korea's Grows Unevenly
Industrial activity in Japan and Korea shows sharply varying patterns, both in recent months and over the past several years. In Japan, mining and manufacturing output in May stood at 100.1, that is, barely above the amount five years [...]
- Global| Jun 24 2005
Despite Strong Oil Revenues and Big US Exports, Mexican Trade Runs Overall Deficit
Are you aware that Mexico runs a trade deficit? In May, this was $434.6 million; in 2004, it averaged $726.7 million a month. Over the past year, exports, not seasonally adjusted, have grown 13.3%; while higher petroleum exports are [...]
- Global| Jun 23 2005
Consumers Fret Over Economic Situation in Italy & Netherlands
Consumer confidence has eroded in Italy this month, with a decline of 1.4 percentage points in the ISAE indicator to 102.9 from 104.3 in May (seasonally adjusted, 1980=100). Concern over the overall economic situation is the broad [...]
- Global| Jun 22 2005
Taiwan Employment Grows, but Factory Sector Lags; Similar Pattern for Other Asian NICs
After a strong rebound in 2004, the growth in the Taiwanese economy shows signs of moderation. Year-to-year growth in GDP was 2.5% in Q1, the slowest in seven quarters. Today, the Directorate-General of Budgeting, Accounting and [...]
- Global| Jun 17 2005
April Machinery Orders Jump in Japan; Foreign Sector and Domestic Manufacturing Lead
Orders received by Japan's machinery industry rebounded sharply in April, according to data reported yesterday and today by the Japanese Cabinet Office. Total orders, seasonally adjusted, were up 14.8% in the month, after three [...]
- Global| Jun 16 2005
Italy's Trade Accounts Shift to Deficit; Dynamics of Global Business Alter Long-Running Surplus Position
Foreign trade for Italy has swung from a comfortable surplus two years ago to a persistent and increasing deficit. The April figures, reported today, show a shortfall of 784 million following on March's 872 million. This [...]
- Global| Jun 15 2005
Foreign Buying of US Securities Moderates, Especially Among Agency Debt
Net purchases of securities by foreign investors in US markets totaled $47.4 billion in April, somewhat larger than March's $40.6 billion. These last two months, however, are well below recent trends, which generated an average of [...]
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