Initial applications for jobless insurance rose to 229,000 during the week ended March 17 from an unrevised 226,000 in the prior week. Claims remain near the lowest level since December 1969. Expectations had been for 225,000 claims [...]
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 29 2018
U.S. Initial Claims for Unemployment Insurance Reach 48-Year Low
Global| Mar 29 2018
U.S. Initial Claims for Unemployment Insurance Fall to New Low Since 1973
Initial applications for jobless insurance fell to 215,000 during the week ended March 24 from 227,000 in the prior week. That March 17 number is revised from 229,000, and all seasonally adjusted data back through 2013 underwent [...]
Global| Mar 22 2018
U.S. FHFA House Price Index Strengthens in January
The Federal Housing Finance Agency's (FHFA) index of U.S. house prices rose 7.3% y/y in January, following December's 6.7% advance, revised up from 6.5%. The rate of increase has improved from 5.3% in 2014 and contrasts to the house [...]
Global| Mar 08 2018
U.S. Financial Accounts Show Moderation in Borrowing
Borrowing in U.S. financial markets slowed in Q4 2017, according to the Federal Reserve's Financial Accounts data, which show debt issuance of $2,011 billion at a seasonally adjusted annual rate. This is just over half of the Q3 [...]
Global| Mar 07 2018
U.S. Trade Deficit Increases Due to Decline in Exports
The U.S. trade deficit in goods and services widened to $56.6 billion in January from $53.9 billion in December, revised from $53.1 billion. A $54.1 billion deficit had been expected in the Action Economics Forecast Survey. Exports [...]
Global| Mar 01 2018
U.S. Initial Claims for Unemployment Insurance Reach 48-Year Low
Initial unemployment insurance claims fell to 210,000 (-7.9% y/y) during the week ended February 24 from 220,000 in the prior week, which was revised from 222,000. Expectations in the Action Economics Forecast Survey looked for [...]
Global| Feb 15 2018
U.S. Initial Unemployment Insurance Claims Decline
Initial claims foe jobless insurance fell to 221,000 (-6.8% y/y) during the week ended February 3 from an unrevised 230,000 claims in the prior week. Expectations had been for 234,000 claims in the Action Economics Forecast Survey. [...]
Global| Feb 15 2018
U.S. Initial Unemployment Insurance Claims Increase, But Still Low
Initial claims for unemployment insurance rose to 230,000 (-5.2% y/y) during the week ended February 10 from 223,000 claims in the prior week, which was slightly revised from 221,000. Expectations in the Action Economics Forecast [...]
Global| Feb 01 2018
U.S. Initial Claims for Unemployment Insurance Little Changed
Initial unemployment insurance applications edged down to 230,000 (-8.0% y/y) during the week ended January 27 from 231,000 claims in the prior week, revised from 233,000. Expectations in the Action Economics Forecast Survey had been [...]
Global| Jan 25 2018
U.S. New Home Sales Drop Back in December
Sales of new single-family homes fell 9.3% (14.1% y/y) to 625,000 (SAAR) in December; November's sales were 689,000, revised down from 733,000 reported initially. Expectations in the Action Economics Forecast Survey had been for [...]
Global| Jan 05 2018
U.S. Factory Orders Rebound; Shipments & Inventories Firm in November
Manufacturers' orders gained 1.3% in November (8.6% y/y) following a 0.4% rise in October; this earlier number was revised from a 0.1% decrease initially reported. Durable goods orders were also up 1.3% (8.2% y/y); they had fallen [...]
Global| Dec 28 2017
Chicago Purchasing Managers Index Reaches Highest in Nearly 7 Years
The Chicago Purchasing Managers Business Barometer for December rose 3.7 points to 67.6 from 63.9 in November. December's result was up 10 points from December 2016 and was the strongest reading since March 2011. A decline to 62.7 had [...]
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