Total borrowing in the U.S. decreased in Q1 to $2,493 billion at a seasonally adjusted annual rate, down from $3,950 billion in Q4 2015, according to the Financial Accounts of the U.S., released today by the Federal Reserve Board. The [...]
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| May 13 2016Business Inventories Have First Gain in 6 Months
Total business inventories grew 0.4% m/m in March (+1.5% y/y) following a 0.1% dip in February, which was unrevised. Total business sales rose 0.3% m/m (-1.7% y/y), their first increase since last June. Retail inventories increased [...]
- Global| May 04 2016
U.S. Trade Deficit Narrows as Exports & Imports Both Fall
The U.S. foreign trade deficit decreased to $40.4 billion in March from $47.0 billion in February, marginally revised from $47.1 billion. A deficit of $41.5 billion was expected in the Action Economics Forecast Survey. Exports of [...]
Total borrowing in the U.S. rebounded in Q4 to $4,014 billion at a seasonally adjusted annual rate, according to the Financial Accounts of the U.S., which were released today by the Federal Reserve Board. The large total was mainly [...]
- Global| Mar 04 2016
U.S. Trade Deficit Widens Slightly in December
The U.S. foreign trade deficit increased to $43.4 billion in December from November's $42.2 billion, which was revised from $42.4 billion. The December result was modestly larger than the Action Economics Forecast Survey estimate of [...]
- Global| Mar 04 2016
U.S. Trade Deficit Somewhat Wider in January
The U.S. foreign trade deficit increased to $45.7 billion in January, following December's $44.7 billion, which was revised from $43.4 billion. The January result was wider than the Action Economics Forecast Survey estimate of $43.2 [...]
- Global| Feb 05 2016
U.S. Trade Deficit Widens Slightly in December
The U.S. foreign trade deficit increased to $43.4 billion in December from November's $42.2 billion, which was revised from $42.4 billion. The December result was modestly larger than the Action Economics Forecast Survey estimate of [...]
- Global| Jan 08 2016
U.S. Consumer Credit Shows Another Moderate Increase
Consumer credit outstanding increased $14.0 billion in November after October's $15.6 billion, which was revised from $16.0 billion. Action Economics Forecast Survey participants looked for an $18.3 billion increase. During the last [...]
- Global| Dec 31 2015
U.S. Initial Claims for Jobless Insurance Increase 20,000
Initial claims for unemployment insurance rose to 287,000 (-2.0%y/y) in the week ended December 26 from 267,000 the previous week. That latter figure was unrevised. Consensus expectations in the Action Economics Forecast Survey looked [...]
- Global| Dec 30 2015
U.S. Pending Home Sales Decline in November
The National Association of Realtors (NAR) reported that pending sales of single-family homes fell 0.9% in November (+5.1% y/y) following October's 0.4% rise, which was initially reported as 0.2%. The November sales volume is 4.8% [...]
- Global| Dec 29 2015
U.S. Consumer Confidence Shows Partial Recovery
The Conference Board's Consumer Confidence Index rose 4.2% in December to 96.5 (1985=100) from November's revised 92.6 and up 3.7% from a year ago, but still lower than most other months this year. The December figure compared with a [...]
- Global| Dec 28 2015
Dallas Fed Factory Sector Activity Index Weakens
The Federal Reserve Bank of Dallas reported that its general activity index of factory sector activity weakened for December to -20.1% from -4.9% in November. The latest reading is still marginally firmer than the May low of -20.8%. [...]
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