After a pause in Q3, capital spending in Australia rebounded in Q4, in data released this morning by the Australian Statistics Bureau in Canberra.* New capital expenditures of private business grew 5.7% (seasonally adjusted quarterly [...]
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 24 2005Renewed Strength in Australian Business Capital Spending
- Global| Feb 23 2005
Mixed Trends in Japanese Sectoral Activity
Has Japan fallen into yet another recession? Last week's GDP report, with a third consecutive decline in Q4, was read by some analysts as indicating just such a renewed slump. Wednesday in Tokyo, the Ministry of Economy, Trade and [...]
- Global| Feb 18 2005
German PPI on Firm Uptrend; Could It Slow?
PPI data for Germany have shown a tendency toward stronger prices in recent months, The total PPI surged 0.8% in January, but this was mainly due to an abrupt upturn in energy, which swung from a 0.9% decline in December to a 2.8% [...]
- Global| Feb 17 2005
Mexican GDP for 2004 Shows Biggest Gain since 2000
The Mexican economy had its strongest performance since 2000, shown in GDP data reported late yesterday by the National Institute of Statistics, Geography and Information. Real GDP (in basic prices*) grew 1.7% in Q4, putting four- [...]
- Global| Feb 16 2005
Japan Economy in Renewed Slump as GDP Falls in Q4
Japanese GDP, reported for Q4 today in Tokyo, badly disappointed. It fell 0.1% (0.5% annualized), compared with a 0.7% increase expected by market forecasters. Thus, after a 1.4% gain in Q1, GDP has now fallen three consecutive [...]
- Global| Feb 11 2005
Record Low Unemployment in New Zealand for Q4
New Zealand's unemployment rate fell in Q4 to 3.6%, an all-time low, as reported in the quarterly labor force survey released Friday morning in New Zealand. These data began in 1986 and, prior to the last two quarters, the [...]
- Global| Feb 10 2005
Trade Surpluses Sustained in Canada and Germany, Despite Strong Currencies vs. US Dollar
December trade data were reported today for several other countries besides the US. Developments among them were not dramatic, but one aspect can be highlighted. Two major trading partners whose currencies have been strong against the [...]
- Global| Feb 09 2005
December Production Up in UK, Down in Slovakia; South Africa, Turkey Work Toward More Stable Growth
Industrial production for December was reported over the last 24 hours in several countries, which encompass a variety of industrial environments. Growth in production was dominant, but it appears irregular or hesitant in the varying [...]
- Global| Feb 04 2005
Japan's Leading Indicators Hesitate, but Strength Remains in Employment, Stock Market Components
Japan's leading indicators declined in December, falling 1.1% to 101.8 (1000=100) and ending the year 0.6% below the year's average. Six of the 10 available components dragged down the month's results, among them new home [...]
- Global| Feb 03 2005
India's Trade Deficit Widens, but So Does Its Surplus on "Invisibles"
Some months ago, we wondered here how it was that the well known practice of international companies "outsourcing" production to India should be accompanied by a trade deficit for the nation. Further, as 2004 wore on, this trade [...]
- Global| Feb 02 2005
Regulatory Change Raises Unemployment in Germany, Even as Jobs Show Modest Growth
Press headlines today highlight the jump in German unemployment in January, which was reported this morning by the German Federal Labor Agency: a substantial increase of 227,000 seasonally adjusted, or 5.1% on the month. Definitional [...]
- Global| Jan 28 2005
Exports Boost Korean Industry
Korean industrial production dipped in December, with the total down 1.9% and the manufacturing sector off 2.1%, according to industry data reported Friday by the National Statistics Office. Nonetheless, for 2004, factory output [...]
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