U.S. GDP was unrevised in the fourth quarter of 2019 at 2.1% (SAAR) the same as in the advance estimate and the February report. The latest number followed 3.1% in Q1 2019, 2.0% in Q2 and 2.1% in Q3, producing Q4/Q4 growth of 2.3% and [...]
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| Mar 26 2020U.S. GDP Growth Remains at 2.1% in Q4
- Global| Mar 19 2020
U.S. Initial Claims for Unemployment Insurance Jump 70,000 in First COVID-19 Impacted Week
Initial jobless claims for unemployment insurance surged by 70,000 to 281,000 (+28.3% y/y) in the March 14 week. The previous week was unrevised at 211,000, although all these data were affected back to 2015 by the annual seasonal [...]
- Global| Mar 19 2020
TTT
• Initial jobless claims decreased to 211,000 in the week ending March 7th. • Four-week moving average edged up to 214,000. Initial jobless claims for unemployment insurance declined 4,000 to 211,000 (-5.8% year-on-year) during the [...]
- Global| Mar 12 2020
U.S. Financial Accounts Show Less Government Borrowing in Q4; Businesses Paid Down Some Debt
Total borrowing in U.S. financial markets decreased to $2,244 billion in Q4 2019 from $4,256 billion in Q3, according to the Federal Reserve's Financial Accounts data, published today, March 12. The Q4 amount was 10.3% of GDP, much [...]
- Global| Mar 04 2020
U.S. Mortgage Applications Increase More with Lower Rates
The Mortgage Bankers Association reported that its Mortgage Loan Application Index rose 1.5% (70.2% y/y) during the week ending February 21... Applications for fixed-rate loans rose roughly three-quarters y/y while applications for [...]
- Global| Mar 04 2020
U.S. Mortgage Applications Increase More with Still Lower Rates
The Mortgage Bankers Association reported that its Mortgage Loan Application Index rose 15.1% during the week ending February 28; this was just over double the year-ago amount, that is, up 100.9%; the previous week had seen a 1.5% [...]
- Global| Feb 20 2020
TT
Initial claims for unemployment insurance rose 2,000 to 205,000 (-11.3% y/y) during the week ended February 8..... Continuing claims for unemployment insurance in the week ended February 1 dropped to 1.698 million (-2.7% y/y)..... [...]
- Global| Feb 20 2020
U.S. Initial Claims for Unemployment Insurance Sustain Low Range
Initial claims for unemployment insurance rose 4,000 to 210,000 (-1.4% y/y) during the week ended February 15 from 206,000 in the prior week, revised from 205,000. The February 15 result equaled the Action Economics Forecast Survey at [...]
- Global| Feb 13 2020
U.S. Initial Claims for Unemployment Insurance Up Slightly
Initial claims for unemployment insurance fell 15,000 to 202,000 (-11.8% y/y) during the week ended February 1....... Continuing claims for unemployment insurance in the week ended January 25 increased to 1.751 million (2.1% [...]
- Global| Feb 13 2020
U.S. Initial Claims for Unemployment Insurance Up Slightly
Initial claims for unemployment insurance rose 2,000 to 205,000 (-11.3% y/y) during the week ended February 8 from 203,000 in the prior week, revised from 202,000. The Action Economics Forecast Survey expected 210,000 initial claims. [...]
- Global| Feb 05 2020
U.S. Trade Deficit Widens with Surge in Petroleum Imports
The U.S. trade deficit in goods and services declined to $43.09 billion during November..... The international trade data, including relevant data on oil prices, can be found in Haver's USECON database. Detailed figures on [...]
- Global| Feb 05 2020
U.S. Trade Deficit Widens with Surge in Petroleum Imports
The U.S. trade deficit in goods and services increased to $48.88 billion in December from $43.69 billion in November, revised from $43.09 billion. A $48.0 billion deficit had been expected in the Action Economics Forecast Survey. [...]
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