The National Association of Realtors (NAR) reported that pending home sales fell 0.7% in November, the second consecutive decline and the seventh in the eleven months so far this year. These sales are thus off 7.7% y/y, and at 101.4 [...]
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 28 2018U.S. Pending Home Sales Decline Again, Reaching Lowest since Mid-2014
- Global| Dec 21 2018
U.S. GDP Growth Revised Down 0.1%; Profits Growth Modestly Higher
Real gross domestic product increased 3.4% (AR, 3.0% y/y) during Q3'18, a downward revision of 0.1% from November’s second estimate. This followed a 4.2% rise during the second quarter. Participants in the Actions Economics Forecast [...]
- Global| Dec 21 2018
U.S. GDP Growth Revised Down 0.1%; Profits Growth Modestly Higher
Real gross domestic product increased 3.4% (AR, 3.0% y/y) during Q3'18, a downward revision of 0.1% from November's second estimate. This followed a 4.2% rise during the second quarter. Participants in the Actions Economics Forecast [...]
- Global| Dec 11 2018
U.S. Financial Accounts Show Moderate Borrowing, Average Ratio to GDP
Total borrowing in U.S. financial markets slowed modestly in Q3 2018, according to the Federal Reserve's Financial Accounts data, which were published last Thursday, December 6. It totaled $2,737 billion at a seasonally adjusted [...]
- Global| Dec 10 2018
TT
Borrowing in U.S. financial markets slowed in Q2 2018, according to the Federal Reserve's Financial Accounts data, totaling $2,596 billion at a seasonally adjusted annual rate, compared to $4,512 billion in Q1. The Financial Accounts [...]
- Global| Dec 10 2018
NEW TT
Borrowing in U.S. financial markets slowed in Q2 2018, according to the Federal Reserve's Financial Accounts data, totaling $2,596 billion at a seasonally adjusted annual rate, compared to $4,512 billion in Q1. The Financial Accounts [...]
- Global| Dec 06 2018
PUT NEW TT U.S. Initial Claims for Unemployment Insurance Rise to Highest Level Since Mid-May
Initial claims for unemployment insurance increased to 234,000 (-2.1% y/y) during the week ended November 24 ...... Continuing claims for unemployment insurance rose 50,000 to 1.710 million (-12.1% y/y) in the week ending November 17 [...]
- Global| Dec 06 2018
U.S. Initial Claims for Unemployment Insurance Ease
Initial claims for unemployment insurance decreased 4,000 to 231,000 (-1.7% y/y) during the week ended December 1 from 235,000 in the previous week, which was revised up by 1,000. As was noted here last week, even though the data are [...]
- Global| Nov 28 2018
U.S. New Home Sales and Prices Remain Sluggish
The market for new homes is continuing to weaken. New single-family home sales fell 8.9% (-12.0% y/y) in October to 544,000 (SAAR). It was the fourth decrease in the last five months and carried sales down to their lowest since March [...]
- Global| Nov 28 2018
U.S. New Home Sales and Prices Remain Sluggish
The market for new homes is continuing to weaken. New single-family home sales fell 8.9% (-12.0% y/y) in October to 544,000 (SAAR). It was the fourth decrease in the last five months and carried sales down to their lowest since March [...]
- Global| Nov 21 2018
U.S. Initial Unemployment Claims Rise, Reach Highest Since June
Initial claims for unemployment insurance rose 3,000 in the week ended November 17 to 224,000 (-6.3% y/y); the prior week's initially reported 216,000 was revised upward by 5,000 to 221,000. The latest week's 224,000 is the highest [...]
- Global| Nov 15 2018
PUT NEW TT U.S. Initial Unemployment Claims Ease
Initial claims for unemployment insurance slipped to 214,000 (-11.6% y/y) during the week ended November 3 .......... Continuing claims for unemployment insurance declined to 1.623 million (-15.1% y/y) in the week ending October 27 [...]
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