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 [...]
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| Jan 08 2016
U.S. Consumer Credit Shows Another Moderate Increase
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%. [...]
Global| Dec 24 2015
U.S. Initial Claims for Jobless Insurance Edge Lower
Initial claims for unemployment insurance were 267,000 (-4.6% y/y) in the week ending December 19, down from 272,000 the week before, which was revised from 271,000. The Action Economics Forecast Survey expected 270,000 filings. The [...]
Global| Dec 22 2015
U.S. FHFA Home Price Index Firmer in September
FHFA U.S. House Price Index Purchase Only (SA %) Oct Sep Aug Oct Y/Y 2014 2013 2012 Total 0.8 0.3 0.5 6.1 5.6 7.5 3.3 Mountain 0.9 0.4 1.5 9.3 7.5 12.3 7.8 Pacific 1.2 0.6 0.5 8.3 9.6 16.1 4.9 West South Central 0.8 0.2 0.5 6.5 5.8 [...]
Global| Dec 22 2015
U.S. FHFA Home Price Index Firmer in September
FHFA U.S. House Price Index Purchase Only (SA %) Oct Sep Aug Oct Y/Y 2014 2013 2012 Total 0.8 0.3 0.5 6.1 5.6 7.5 3.3 Mountain 0.9 0.4 1.5 9.3 7.5 12.3 7.8 Pacific 1.2 0.6 0.5 8.3 9.6 16.1 4.9 West South Central 0.8 0.2 0.5 6.5 5.8 [...]
Global| Dec 22 2015
U.S. FHFA Home Price Index Slows a Bit in October
The U.S. House Price Index from the Federal Housing Finance Agency (FHFA) increased 0.5% in October, making the year-to-year gain 6.1% y/y; the October rise was moderately slower than the 0.7% monthly change in September, which was [...]
Global| Dec 10 2015
U.S. Financial Accounts Show Less Borrowing But Also Smaller Net Wealth
Total borrowing in the U.S. decreased to $933 billion at a seasonally adjusted annual rate in Q3, according to the Financial Accounts of the U.S., which were released today by the Federal Reserve Board. This was less than half the [...]
Global| Dec 10 2015
U.S. Financial Accounts Show Moderate Borrowing; Little Change in Net Wealth
The Financial Accounts data are in Haver's FFUNDS database. Associated information is compiled in the Integrated Macroeconomic Accounts produced jointly with the Bureau of Economic Analysis (BEA); these are carried in Haver's USNA [...]
Global| Dec 04 2015
U.S. Trade Deficit Widens Somewhat in October
The U.S. foreign trade deficit in goods and services widened modestly in October to $43.9 billion from $42.5 billion in September. The latter was revised from $40.8 billion. The Action Economics Forecast Survey pointed to a deficit of [...]
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