• Applications to purchase edge downward, those for refinancing edge upward. • Mortgage interest rates mostly up, but changes very small. The Mortgage Bankers Association Mortgage Loan Applications Index decreased 0.9% (-5.9% y/y) in [...]
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| May 05 2021U.S. Mortgage Applications Mixed, but Little Changed
- Global| May 04 2021
U.S. Energy Prices Rise Moderately
• Gasoline prices continue upward. • Crude oil prices also continue to edge higher. • Natural gas prices strengthen. The price of regular gasoline rose 2 cents to $2.89 a gallon (61.5% y/y) in the week ended May 3 from $2.87 per [...]
- Global| Apr 27 2021
U.S. FHFA House Price Index Moderates a Bit in February, but Year-on-Year Gains Still Strong
• House prices increased 0.9% in February. • Year-to-year increase at 12.2% edges up to new high. • All regions have participated in yearly double-digit advances. The Federal Housing Finance Agency (FHFA) House Price Index increased [...]
- Global| Apr 22 2021
U.S. Initial Jobless Claims Fall Again to a New Pandemic-Period Low
• Initial claims in PUA program edge up, but are still low. • Continuing claims decrease, and rate eases back to pandemic low. • Continuing claims for PUA and PEUC benefits both increase. Initial claims for unemployment insurance [...]
- Global| Apr 16 2021
U.S. Housing Affordability Fell Back in February, but Still in Recent Range
• House prices down in January and up in February. • Income swings up in January and down in February. The National Association of Realtors reported that its Fixed Rate Mortgage Housing Affordability Index decreased 7.6% (-1.4% y/y) [...]
• Initial claims lower than forecast. • Continuing claims did rise slightly; jobless rate edges upward. • Claims for PUA and PEUC benefits both decreased. Initial claims for unemployment insurance dropped by 193,000 in the week ended [...]
- Global| Apr 05 2021
U.S. Factory Orders & Shipments Fell Back in February
• Factory orders fell for both durable and nondurable goods. • Shipments decline for both durable and nondurable goods. • But order backlogs & inventories both advance 0.8% in February. New orders for manufactured goods fell back in [...]
- Global| Mar 25 2021
U.S. Initial Jobless Insurance Claims Fall 97,000
• PUA initial claims decline in March 20 week. • Continuing claims in regular state programs reach lowest since mid-March 2020. • Insured jobless rate declines to lowest since pandemic set in. Initial claims for unemployment insurance [...]
- Global| Mar 18 2021
U.S. Initial Jobless Insurance Claims Rise Moderately
• PUA initial claims decline in March 13 week. • Continuing claims in regular state programs extend gradual downtrend. • Insured jobless rate edged back up to 3.0%. Initial claims for unemployment insurance rose 45,000 to 770,000 in [...]
- Global| Mar 16 2021
U.S. Industrial Production Drops 2.2% in February After 4 Strong Months
• Manufacturing output fell 3.1%. Mining down 5.4%. • Widespread declines in durable and nondurable goods manufacturing industries. • Utilities advanced 7.4%. Industrial production fell 2.2% in February (-4.2% y/y). It had advanced [...]
- Global| Mar 16 2021
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• PREVIOUS>>>>>>>>>>Industrial production increased 0.9% m/m (-1.8% y/y) in January. Industrial production and capacity are located in Haver's USECON database. Additional detail on production and capacity can be found in the IP [...]
- Global| Mar 12 2021
U.S. Credit Demand More "Normal" Share of GDP in Q3
• TEST The Financial Accounts data are in Haver's FFUNDS database. Associated information is compiled in the Integrated Macroeconomic Accounts produced jointly with the Bureau of Economic Analysis (BEA); these are carried in Haver's [...]
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