Housing market conditions continue to improve, as home prices firmed further in October, according to the seasonally adjusted Case-Shiller 20 City Home Price Index. This measure rose 0.7% in the month following 0.4% in September; 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| Dec 26 2012U.S. Case-Shiller Home Price Index Shows Further Firming
- Global| Dec 21 2012
U.S. Durable Goods Orders Up 0.7% in November with Mixed Industry Pattern
Durable goods orders increased 0.7% in November (0.8% y/y) after a 1.1% rise in October. October's figure was revised from the "advance" figure of zero change reported a month ago and the full manufacturing report number of 0.5%. [...]
- Global| Dec 20 2012
U.S. Existing Home Sales Bounce in November to 3-Year High
The National Association of Realtors (NAR) reported that sales of existing homes increased 5.9% in November to a 5.040M annual rate, the highest since November 2009. October's sales total was revised down slightly to 4.760M from 4.790 [...]
- Global| Dec 07 2012
U.S. Consumer Sentiment Weakens Markedly in Early December
The University of Michigan's Index of Consumer Sentiment dropped sharply in early December to 74.5 (Q1 1966 = 100) from 82.7 in November. This move negated market forecasts for a steady reading of 82.8, and returned the index about to [...]
- Global| Dec 07 2012
U.S. Consumer Sentiment Weakens Markedly in Early December
The University of Michigan's Index of Consumer Sentiment dropped sharply in early December to 74.5 (Q1 1966 = 100) from 82.7 in November. This move negated market forecasts for a steady reading of 82.8, and returned the index about to [...]
- Global| Dec 07 2012
U.S. Consumer Sentiment Weakens Markedly in Early December
The University of Michigan's Index of Consumer Sentiment dropped sharply in early December to 74.5 (Q1 1966 = 100) from 82.7 in November. This move negated market forecasts for a steady reading of 82.8, and returned the index about to [...]
- Global| Dec 06 2012
U.S. Flow-of-Funds Data Show Slower Credit Market Borrowing in Q3
The Federal Reserve quarterly Flow-of-Funds data show some easing in credit market borrowing in Q3, at $887 billion, seasonally adjusted annual rate, down from $1,166 billion in Q2, $1,415 billion in Q1 and an average of $929 billion [...]
- Global| Dec 06 2012
U.S. Flow-of-Funds Data Show Slower Credit Market Borrowing in Q3
The Federal Reserve quarterly Flow-of-Funds data show some easing in credit market borrowing in Q3, at $887 billion, seasonally adjusted annual rate, down from $1,166 billion in Q2, $1,415 billion in Q1 and an average of $929 billion [...]
- Global| Nov 16 2012
U.S. Mortgage Delinquency Rates Continue Modest Improvement
The Mortgage Bankers Association reported on November 15 that delinquencies on mortgages for 1-4 family homes eased in Q3 to 7.4% of the total mortgages serviced. This ties for the lowest delinquency rate since Q3 2008, when the [...]
- Global| Nov 08 2012
U.S. Trade Deficit Narrows in September as Exports Rebound
The U.S. foreign trade deficit eased to $41.5B in September from $43.8B in August, revised from $44.1B. This was noticeably better than the Action Economics consensus forecast increase to $45.0B. This was also the most favorable [...]
- Global| Nov 07 2012
U.S. Consumer Credit Up in Non-Revolving; Credit Card Debt Falls
Consumer credit increased $11.4B in September, following a modestly revised $18.3B gain in August, the Federal Reserve reported. The September gain was slightly larger than the $10.3B forecasters expected, according to the Action [...]
- Global| Nov 01 2012
New ADP Survey Shows 158,000 October Payroll Increase
An expanded employment survey sample for the Automatic Data Processing (ADP) payroll gauge shows a net gain in private payrolls of 158,000 jobs for October. This is stronger than the new ADP survey reading in September of 113,000 and [...]
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