- Initial claims steady, back in pre-pandemic range.
- Continued claims in regular programs also approach pre-pandemic amounts.
- Insured jobless rate 1.4%, near pre-pandemic 1.2% level.
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
USA| Dec 23 2021U.S. Initial Unemployment Insurance Claims Unchanged
USA| Dec 16 2021U.S. Initial Unemployment Insurance Claims Rise Modestly
- Initial claims increase just 18,000 from 52-year low.
- Continuing claims in regular programs ease.
- Insured jobless rate also eases, approaches pre-pandemic level.
USA| Dec 10 2021U.S. Financial Accounts Show Less Sizable Borrowing in Q3
- Federal government pays down some debt in Q3.
- Household mortgages and consumer credit both expand less in Q3.
- Business corporations borrowed more in bonds and loans.
Global| Jul 02 2021U.S. Trade Deficit Widens in May with Increases in Both Exports and Imports
• Trade deficit second largest in 29-year history of series. • Services led by gains in travel, both exports and imports. • Imports of goods from China fall 11.3%. The U.S. trade deficit in goods and services widened moderately to [...]
- Global| Jul 01 2021
U.S. Initial Unemployment Insurance Claims Decrease to Pandemic Low
• Continuing claims for state benefits rose moderately. • PUA claims rose for third consecutive week, but held to recent flat trend. • Total weeks claimed decrease to low since April 4, 2020. Initial claims for unemployment insurance [...]
- Global| Jun 23 2021
U.S. Mortgage Loan Applications Increase 2.1%
• Applications for both purchase and refinance increase. • Rates rise on fixed-rate mortgages, rates ease slightly on adjustable-rate loans. • Average loan size edges down for loans to purchase, increases up for refinance loans. The [...]
- Global| Jun 15 2021
U.S. Industrial Production Has Broad Gains in May
• Industrial production gained 0.8% m/m, with manufacturing output up 0.9%. • Motor vehicle production rebounded 6.7%. • Capacity utilization highest since February 2020, before the pandemic. Industrial production rose 0.8% m/m (16.3% [...]
- Global| Jun 11 2021
U.S. Financial Accounts Show Credit Demand at 24.5% of GDP in Q1
• Federal government borrows $1.543 trillion, seasonally adjusted annual rate. • Households also borrow more than $1 trillion. Borrowing in U.S. financial markets and institutions was sizable in Q1 2021, but was similar in absolute [...]
- Global| Jun 03 2021
U.S. Jobless Claims Extend Low Range
• Initial state claims down another 20,000. • Continuing state claims edge upward, but maintain recent pandemic low range. • PUA claims lowest since very first week of program in April 2020. Initial claims for unemployment insurance [...]
- Global| May 25 2021
U.S. FHFA House Price Index Again Climbs Very Rapidly
• House prices climbed 1.4% in March; February was revised up slightly. • Year-to-year move 13.9%; new high but up from low base. • All regions have participated in yearly double-digit advances. The Federal Housing Finance Agency [...]
- Global| May 20 2021
U.S. Initial Unemployment Claims Drift Lower
• Initial claims fall to yet another pandemic low. • But state continuing claims and insured unemployment rate rise. • PUA and PEUC continuing claims turn back down. Initial claims for unemployment insurance fell 34,000 in the week [...]
- Global| May 14 2021
U.S. Import & Export Prices Moderate in April, but Still Strong
• Import and export price increases very close to expected amounts. • Food and fuel prices push import costs. • Industrial supplies & materials lift export prices; other items much less vigorous. Import and export price increases were [...]
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