China's GDP gained 9.5% year-on-year in the first quarter, according to data reported this morning in Beijing. This followed a similar performance in Q4 2004, and compared with at least one analyst survey that showed a consensus [...]
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| Apr 20 2005Chinese GDP Growth Remains Strong in Q1
Global| Apr 15 2005Spanish Current Account Deficit Widens in January, Even as Financial Flows Seek Their Own Return
Spain's current account deteriorated significantly during 2004, and in January, which was reported today by the Bank of Spain, the deficit continued to widen from year-earlier amounts (see graph alongside). Much of this movement [...]
Global| Apr 14 2005Consumer Prices in Sweden, Finland and Poland Still Restrained in the Face of Rising Energy
A couple of weeks ago, we noted here that higher energy prices had failed to ignite new inflation in Italy. The same is true for some other countries, whose CPI data were reported today for March. In Poland, the seasonally adjusted [...]
Global| Apr 13 2005UK Unemployment Ticks Up in February, But Employment Also Shows Strong Rise
Press reports on today's UK labor force data highlight the increase in unemployment measures. The ILO-defined concept, similar to that in the US, rose in the three months to February by 0.1% to 4.8%. The so-called "claimant count" [...]
Global| Apr 08 2005Canadian Employment Up, Unemployment Down in March
The Canadian labor market has shown some further gains early in 2005, as employment has continued rising and the unemployment rate has edged lower. Employment was up 4,400 in March, following 26,200 February. Both goods and service [...]
Global| Apr 07 2005Uneven Performance in Industrial Production for UK, Malaysia and Others in February
Four diverse countries reported February industrial production data today, UK, Germany, Hungary and Malaysia. While three saw a decrease in February, output is generally rising, albeit fitfully. Malaysia has the strongest gains of [...]
Global| Apr 06 2005German Factory Orders Fall in January, February, But Big December Gain Still Promotes Forward Momentum
German factory orders declined in February, with domestic and foreign customers both pulling back. This was the second successive monthly decrease, although these followed a widespread jump in December. The Ministry of Economy and [...]
Global| Apr 01 2005Bad News -- but Not So Bad -- in Japan's "TANKAN" for March
The TANKAN Survey for March shows generally less favorable readings for Japanese business. But "less favorable that what?" News stories highlighted the so-called Headline Series, large manufacturing companies. These firms' results for [...]
Global| Apr 01 2005Bad News -- but Not So Bad -- in Japan's "TANKAN" for March
The TANKAN Survey for March shows generally less favorable readings for Japanese business. But "less favorable that what?" News stories highlighted the so-called Headline Series, large manufacturing companies. These firms' results for [...]
Global| Mar 31 2005Italian CPI Keeps Low Inflation Despite Higher Energy Costs
The Italian statistical agency Istat today reported that the March CPI was up 1.9% from March 2004. This result means that inflation in Italy has held at or below a 2% yearly pace for the last six months. The persistent decline to [...]
Global| Mar 30 2005Marked Erosion in German Business Climate, March Ifo Survey Says
Back at the turn of the year, business prospects were looking up in Germany. December and January saw an improvement in the Ifo Business Climate Index to the highest values in almost a year; this was reflected in production, the [...]
Global| Mar 25 2005Sluggish Exports, Surging Imports Produce Big Trade Deficit in India
Some months ago, we wrote here expressing surprise that India sustains a deficit in merchandise trade. Media coverage might give the impression that it, like China, runs a substantial surplus. But this is not the case, and in fact, [...]
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