Total business inventories decreased ever so slightly, -0.04% (+0.5% y/y), in July; June's 0.2% rise was unrevised. Total business sales slipped -0.2% (-0.8% y/y), pausing after June's 1.0% gain, which was revised from 1.2%. Retail [...]
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| Sep 15 2016Business Inventories Unchanged in July as Sales Tick Down
- Global| Sep 06 2016
U.S. ISM Nonmanufacturing Index Slows
The Composite Index of Nonmanufacturing Sector Business Activity from the Institute for Supply Management (ISM) decreased to 51.4 in August from 55.5 in July. Expectations in the Action Economics Forecast Survey had been for a much [...]
- Global| Sep 02 2016
U.S. Trade Deficit Narrows, Due Mainly to Surge in Soybean Exports
The U.S. trade deficit in goods and services decreased to $39.5 billion in July from a slightly revised $44.7 billion in June. The Action Economics Forecast Survey had expected a much more modest move to a $43.0 billion deficit. The [...]
- Global| Aug 05 2016
U.S. Trade Deficit Widens with Rise in Petroleum Imports
The U.S. trade deficit in goods and services widened to $44.5 billion in June from a slightly revised $41.0 billion in May. The Action Economics Forecast Survey had expected a $43.1 billion deficit. The latest deficit was the largest [...]
- Global| Jul 29 2016
U.S. Employment Cost Index Shows Steady Gain
The employment cost index for civilian workers increased 0.6% (2.3% y/y) during Q2'16 following a similar Q1 rise. This latest gain was in line with the Action Economics Forecast Survey. Wages and salaries also increased 0.6% (2.5% [...]
- Global| Jun 09 2016
U.S. Financial Accounts Show Moderation in Credit Use; Slim Rise in Household Net Worth
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 [...]
- Global| May 13 2016
Business 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 [...]
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