Sales of new single-family homes in July fell 9.4% to 571,000 following an upwardly revised June gain of 1.9% to 630,000. The latter was revised from 610,000. The July volume was the lowest since December's 548,000. Expectations in [...]
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| Aug 23 2017U.S. New Home Sales Decline Unexpectedly
- Global| Aug 22 2017
U.S. Gasoline Prices Change Little; Crude Oil Costs Ease Further
Regular gasoline prices edged down 2 cents in the week ended August 21 to $2.36 per gallon (7.6% y/y), remaining below the recent high of $2.45 per gallon in late-April. Haver Analytics constructs factors adjusting for the seasonal [...]
- Global| Aug 04 2017
U.S. Trade Deficit Narrows Yet Again
The U.S. trade deficit in goods and services was $43.6 billion in June after May's $46.4 billion; that earlier figure was revised from $46.5 billion and compares to $43.8 billion in June 2016. The Action Economics Forecast Survey [...]
- Global| Jul 06 2017
U.S. Trade Deficit Narrows with Higher Exports and Slightly Lower Imports
The U.S. trade deficit in goods and services narrowed to $46.5 billion in May from April's $47.6 billion, which was only minimally revised, contrasting with $41.5 billion in May 2016. Expectations in the Action Economics Forecast [...]
- Global| Jun 15 2017
U.S. Import Prices Slow as Petroleum Falls, Other Prices Flat
Import prices fell 0.3% in May (2.1% y/y) following April's 0.2% increase, which was revised from 0.5%. The Action Economics Forecast Survey anticipated no change. These figures are not seasonally adjusted, and they can potentially be [...]
- Global| Jun 08 2017
U.S. Financial Accounts Exhibit Mixed Pattern of Q1 Borrowing as Total Borrowed Slowed
The Federal Reserve's Financial Accounts data show continued slowing of debt issuance in U.S. financial markets in Q1 2017. The total came to $1,197 billion at a seasonally adjusted annual rate, down from $1,742 billion in Q4. The Q1 [...]
- Global| Jun 02 2017
U.S. Trade Deficit Widens as Exports Ease and Imports Rise
The U.S. trade deficit in goods and services widened to $47.6 billion in April, compared to $45.3 billion in March, initially reported as $43.7 billion, and $38.4 billion in April 2016. Expectations had been for a $45.8 billion [...]
- Global| May 04 2017
U.S. Initial Claims for Unemployment Insurance Fall Back; Continuing Claims Hit 29-Year Low
Initial claims for unemployment insurance dropped back to 238,000 during the week ended April 29 from 257,000 in the prior week, which was unrevised. Expectations in the Action Economics Forecast Survey had called for 246,000 claims. [...]
- Global| Apr 28 2017
U.S. Employment Cost Index Has Stronger Gain
Lifted by outsized rises in several industries, the employment cost index for civilian workers rose 0.8% (2.4% y/y) during Q1'17, compared to just 0.5% in Q4'16. A 0.6% rise had been expected in the Action Economics Forecast Survey. [...]
- Global| Apr 14 2017
U.S. Retail Sales Decline in Both February and March
Total retail sales and spending at restaurants fell 0.2% (5.2% y/y) in March following a 0.3% decrease in February; that was revised from +0.1% reported initially. The Action Economics Forecast Survey anticipated that March sales [...]
- Global| Apr 07 2017
U.S. Wholesale Sales & Inventories Rise Moderately
Inventories at the wholesale level rose 0.4% (+3.3% y/y) during February following an unrevised decrease of 0.2% in January. Durable goods inventories were up 0.2% (+1.7% y/y) after January's 0.2% decline. Motor vehicle stocks added [...]
- Global| Mar 15 2017
U.S. Retail Sales Moderate as Non-Auto Spending Tapers
Total retail sales and spending at restaurants rose 0.1% (5.7% y/y) in February following a 0.6% increase in January, which was revised up from 0.4%. The February result was in line with the 0.1% increase expected in the Action [...]
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