• State initial claims lower than forecast. • PUA initial claims also down. • Legislation renewing PUA and PEUC through March 11 was signed last weekend. Initial claims for unemployment insurance decreased again in the week ended [...]
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| Dec 31 2020
U.S. Initial Jobless Claims Fall Again
- Global| Dec 23 2020
U.S. Initial Jobless Claims Fall for Both Regular and PUA Programs
• State initial claims reverse 2 prior weeks' increases. • PUA initial claims down in latest week, but still above November amounts. • Legislation for PUA and PEUC is still in negotiation. Seasonally adjusted initial claims for [...]
- Global| Dec 23 2020
U.S. Initial Jobless Claims Fall for Both Regular and PUA Programs
• • • PREVIOUS>>>>>>Seasonally adjusted state initial jobless claims for unemployment insurance increased to 885,000 in the week ending December 12....... Data on weekly unemployment claims going back to 1967 are contained in Haver's [...]
- Global| Dec 10 2020
U.S. Credit Demand More "Normal" Share of GDP in Q3
• Total borrowing in U.S. economy = 13.6% of GDP in Q3, down sharply from 66.7% • Government sector borrowing less in Q3 but still quite sizable. • Household borrowing increases with low mortgage rates. After the massive amount of [...]
- Global| Dec 04 2020
U.S. Factory Orders Continue to Grow; Shipments Also Expand
• Factory orders rise for a sixth straight month. • Shipments extend uptrend. • Order backlogs continue to decline while inventories turn modestly higher. Manufacturing activity expanded further in October, with new orders increasing [...]
- Global| Dec 02 2020
U.S. Mortgage Applications Decrease with Slowing of Refinancings
• Mortgage applications to purchase homes rose sharply. • Average size of loans to purchase reaches another record high. • Fixed mortgage rates fall to still another all-time lows. The Mortgage Bankers Association Mortgage Loan [...]
- Global| Nov 25 2020
U.S. New Home Sales Almost Unchanged Since August
• New single-family home sales tick down in October, but were up 41.5% y/y. • Sales mixed regionally, but generally move modestly after sizable monthly swings earlier in the year. New single-family home sales around the country [...]
- Global| Nov 25 2020
U.S. Initial Jobless Claims Rise for a Second Week
• State initial claims climbed another 30,000 in Nov 21 week. • Continuing claims decreased for state but both PUA and PEUC increase. • Insured unemployment rate continues downtrend. Initial claims for regular state unemployment [...]
- Global| Nov 19 2020
U.S. Initial Jobless Claims Rise in Nov. 14 Week; Continuing Claims Down in Nov. 7 Week
• State initial claims climb by 31,000 but maintain recent lower range. • Federal Pandemic Unemployment Assistance claims rise but also maintain low range. • Continuing claims decreased for state and PUA, while PEUC increase. • [...]
- Global| Nov 17 2020
U.S. Import Prices Ease in October; Export Prices Rise
• Oil prices fall again, but some other imports also decrease. • Export prices were mixed with total up 0.2%. Import prices edged down 0.1% in October (-1.0% y/y) after rising 0.2% in September, which is revised from 0.3% reported [...]
- Global| Nov 04 2020
U.S. Mortgage Applications Rise in Latest Week, All in Refinancings
• Refinancings surge 6.4% as purchase applications fall 1.3%. • New record low rate for 15-year mortgages, 2.63%, and for Jumbo loans, 3.27%. • Fixed rate loan applications up 67% from a year ago. The Mortgage Bankers Association [...]
- Global| Nov 02 2020
U.S. Construction Spending Growth Slowed in September; Revisions Mixed in July and August
• Construction spending increased just 0.3% in September, with August revised down and July revised somewhat higher. • Residential showing consistently sizable increases; nonresidential down three months in a row. • Both state & local [...]
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