The U.S. House Price Index from the Federal Housing Finance Agency (FHFA) increased 0.8% in September (6.1% y/y). This gain followed a much more modest 0.3% in August and was indeed the strongest monthly increase since March 2013. For [...]
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| Nov 25 2015U.S. FHFA Home Price Index Firmer in September
- Global| Sep 30 2015
U.S. ADP Payroll Increase Sustains Growth
The ADP/Moody's National Employment Report shows a nonfarm private sector payroll gain of 200,000 in September, after August's 186,000; August was revised minimally from 190,000 reported before. The September figure was slightly more [...]
- Global| Sep 18 2015
U.S. Financial Accounts Show Moderate Borrowing; Little Change in Net Wealth
Total borrowing in the U.S. resumed a more normal pace in Q2, according to the Federal Reserve's Financial Accounts of the U.S., following a much smaller amount in Q1. Indeed, Q1 net paydowns by the federal government and the [...]
- Global| Sep 15 2015
U.S. Business Inventory Total Rises Marginally; Mixed by Sector
Total business inventories edged up 0.1% in July (2.6% y/y) after a 0.7% advance in June, revised slightly from 0.8% reported initially. The resulting 3-month growth was 3.0% (AR), down from 5.0% in June. Total business sales also [...]
The overall Final Demand Producer Price Index was flat in August (-0.8% y/y) following a 0.2% increase in July. The Action Economics Forecast Survey looked for a 0.1% decrease. Prices excluding food & energy were also stronger than [...]
- Global| Sep 10 2015
U.S. Import and Export Prices Extend Broad Declines
Both import and export prices declined markedly in August. Yes, lower petroleum prices were a main feature, but other categories also had more than marginal decreases. Import prices fell 1.8% in August (-11.4% y/y) after July's 0.9% [...]
- Global| Sep 10 2015
U.S. Initial Unemployment Insurance Claims Ease Back to 275K
Initial claims for unemployment insurance eased to 275,000 during the week ended September 5 from the previous week's 281,000. This latter figure was revised from 282,000, a small but unusual downward adjustment in a series that is [...]
- Global| Sep 09 2015
U.S. JOLTS: Job Openings Rate Gains, While Hiring Slows
The job openings rate rose to 3.9% during July, a new high, from 3.6% in June and 3.3% a year ago. The job openings rate is the number of job openings on the last business day of the month as a percent of total employment plus job [...]
- Global| Sep 08 2015
U.S. Consumer Credit Growth Pulls Back
Consumer credit outstanding increased $19.1 billion during July after rising $27.0 billion in June, which was revised noticeably from $20.7 billion reported before. July expectations were for an $18.0 billion increase, according to [...]
- Global| Aug 20 2015
U.S. Leading Economic Index Declines in July
The Conference Board's Leading Economic Index fell 0.2% in July after June's 0.6% increase; the latter was unrevised from the initial report. The Action Economics Forecast Survey had foreseen a 0.2% rise. July's reversal put the [...]
- Global| Aug 13 2015
U.S. Business Inventories Grow, as Sales Gains Are Modest
Total business inventories expanded 0.8% in June (3.0% y/y) after May's more moderate 0.3% increase, which was unrevised. The resulting 3-month growth climbed to 6.0% (AR) from May's 3.3%. This is less favorable than it might seem on [...]
- Global| Jul 14 2015
U.S. Business Inventories Continue Modest Growth Trend, Mixed by Sector
Total business inventories rose 0.3% in May (2.4% y/y) following an unrevised 0.4% gain in April. The consequent 3-month growth was 3.2% (AR), sustaining April's improved pace. Total business sales in May increased 0.4% (-2.2% y/y) [...]
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