• 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 [...]
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| Nov 25 2020
U.S. Initial Jobless Claims Rise for a Second Week
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 [...]
Global| Nov 01 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 [...]
Global| Oct 22 2020
U.S. Jobless Claims Fall in October 17 Week; California Numbers Now Updated
• State initial claims fall 55,000 seasonally adjusted in October 17 week, almost reversing prior week's increase. • Federal Pandemic Unemployment Assistance initial claims rise 8,212, first increase in 6 weeks. • Regular state and [...]
• Seasonally adjusted initial claims in state programs fell 36,000 in September 26 week to 837,000; not seasonally adjusted claims fell 40,300 to 786,900. • PUA program initial claims rose 34,521 to 650,120. • Insured unemployment [...]
Global| Sep 24 2020
U.S. Initial Unemployment Insurance Claims Edge Higher But Other Unemployment Insurance Measures Continue Downtrend
• Seasonally adjusted initial claims in state programs edged up 4,000 in September 19 week to 870,000; not seasonally adjusted claims rose 29,000 to 825,000. • PUA program initial claims fell 45,074 to lowest in four weeks. • Insured [...]
Global| Sep 24 2020
U.S. Initial Unemployment Insurance Claims Edge Higher But Other Unemployment Insurance Measures Continue Downtrend
• Seasonally adjusted initial claims in state programs edged up 4,000 in September 19 week to 870,000; not seasonally adjusted claims rose 29,000 to 825,000. • PUA program initial claims fell 45,074 to lowest in four weeks. • Insured [...]
Global| Sep 21 2020
U.S. Government Borrowing Surge Dominates Fed's Financial Accounts in Q2
• Gov't borrowing equals record 66.2% of Q2 GDP. • Private sector borrowing slows. • Net worth features upturn in stock prices during Q2. The massive increase in federal government outlays tied to the COVID-19 impact on the U.S. [...]
Global| Sep 21 2020
U.S. Government Borrowing Surge Dominates Fed's Financial Accounts in Q2
• Gov't borrowing equals record 66.2% of Q2 GDP. • Private sector borrowing slows. • Net worth features upturn in stock prices during Q2. The massive increase in federal government outlays tied to the COVID-19 impact on the U.S. [...]
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