The Mortgage Bankers Association reported that its Mortgage Loan Index decreased 1.2% in the January 17 week after the prior week's 30.2% jump; the modest fall in the latest week still left it 51.3% above a year ago. Applications to [...]
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| Jan 22 2020U.S. Mortgage Applications Ease after Prior Week's Surge
- Global| Jan 22 2020
U.S. Mortgage Applications Ease after Prior Week's Surge
The Mortgage Bankers Association reported that its Mortgage Loan Index decreased 1.2% in the January 17 week after the prior week's 30.2% jump; the modest fall in the latest week still left it 51.3% above a year ago. Applications to [...]
- Global| Jan 16 2020
U.S. Business Inventories Slip While Sales Rise
A month ago, the headline here was the exact opposite: "Inventories Rise While Sales Slip." So that October condition reversed in November: total business inventories decreased 0.2% (2.8% y/y) after October's 0.1% rise, as November [...]
- Global| Jan 16 2020
PREVIOUS: U.S. Business Inventories Rise While Sales Slip
Total business inventories increased 0.2% (3.1% y/y) during October following a 0.1% September dip, revised from 0.0%. Total business sales eased 0.1% both m/m and y/y after a 0.4% September decline, revised from -0.2%. The inventory- [...]
- Global| Jan 16 2020
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The latest readings of labor market conditions were mixed. Initial claims for jobless insurance declined 9,000 to 214,000 (-3.2% y/y) in the week ended January 4......... Continuing claims for unemployment insurance in the week ended [...]
Initial claims for unemployment insurance decreased 10,000 to 204,000 (-6.0% y/y) in the week ended January 11 from 214,000 in the prior week, which was unrevised. It was the fifth straight weekly decline. The Action Economics [...]
- Global| Dec 31 2019
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The Conference Board's Consumer Confidence Index for November eased 0.5% (-8.0% y/y)........... The Consumer Confidence data are available in Haver's CBDB database. The total indexes appear in USECON, and the market expectations are [...]
- Global| Dec 31 2019
U.S. Consumer Confidence Down Slightly, but Prior Month Revised Upward
The Conference Board's Consumer Confidence Index eased slightly in December, by 0.2% to 126.5 (1985=100), but November was revised upward to 126.8 from its originally reported 125.5. A December index level of 128.3 had been expected [...]
- Global| Dec 30 2019
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U.S. pending home sales decreased 1.7% (+4.4% y/y) in October.. The pending home sales index measures sales at the time the contract for the sale of an existing home is signed, analogous to the Census Bureau's new home sales data. In [...]
- Global| Dec 30 2019
U.S. Pending Home Sales Rebound in November
U.S. pending home sales rose 1.2% (+7.4% y/y) in November, according to the National Association of Realtors (NAR) after falling 1.3% in October. October was revised from a 1.7% drop. The November index level of sales was 108.5 [...]
- Global| Dec 26 2019
U.S. Initial Claims for Unemployment Insurance Fell by 13,000
Initial claims for unemployment insurance decreased 13,000 in the week ended December 21 to 222,000 (-0.4% y/y) from the prior week's 235,000, which was revised upward by 1,000. The December 21 actual also equaled the Action Economics [...]
- Global| Dec 19 2019
U.S. Initial Claims for Unemployment Insurance Ease by 18,000
Initial claims for unemployment insurance decreased 18,000 in the week ended December 14 to 234,000 (+6.4% y/y) from the prior week's 252,000, which was unrevised. The Action Economics Forecast Survey expected a somewhat larger [...]
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