New home sales recovered 3.3% in April to 343,000. This gain partially reversed March's 7.3% fall, revised from 7.1% reported originally, and put April up 9.9% from a year ago. The April volume exceeded the consensus expectations 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| May 23 2012U.S. New Home Sales in Partial Rebound
- Global| May 23 2012
U.S. New Home Sales in Partial Rebound
New home sales recovered 3.3% in April to 343,000. This gain partially reversed March's 7.3% fall, revised from 7.1% reported originally, and put April up 9.9% from a year ago. The April volume exceeded the consensus expectations for [...]
- Global| May 22 2012
U.S. Existing Home Sales Improve Modestly; Prices Gain
Existing home sales gained 0.6% in April (+9.7% y/y) to a 4.970M annual rate, according to data compiled by the National Association of Realtors; March sales were revised upward and now show a marginal 0.2% decrease instead of 0.6% [...]
- Global| Mar 08 2012
U.S. Flow-of-Funds Show Some Progress toward Financial Institution Recovery
New Federal Reserve data indicate that credit market borrowing ran to an annualized $1,132 billion, seasonally adjusted, in Q4. This amount compares to a similar $946 billion in Q3 and a mere $95 billion in Q2. For 2011 as a whole [...]
The National Association of Realtors reported that sales of existing homes edged up 0.4% (+9.1% y/y) in January to a 4.920M annual rate. December's sales were revised downward slightly from 4.94M to 4.90M, representing a decrease of [...]
- Global| Feb 06 2012
U.S. Fed Loan Officer Survey Shows Firmer Loan Demand
Demand for bank loans to business firmed noticeably at the very end of 2012, according to the Federal Reserve Senior Loan Officer Survey, which was released Monday, February 4. The survey covered 68 domestic banks and 22 U.S. branches [...]
- Global| Feb 02 2012
U.S. Construction Spending Recovers in December
Construction put-in-place gained 0.9% in December after a minuscule 0.1% rise in November, when activity was restrained following Hurricane Sandy. The November amount was revised upward from a 0.3% fall reported before, and October [...]
- Global| Feb 02 2012
U.S. Construction Spending Recovers in December
Construction put-in-place gained 0.9% in December after a minuscule 0.1% rise in November, when activity was restrained following Hurricane Sandy. The November amount was revised upward from a 0.3% fall reported before, and October [...]
- Global| Jan 27 2012
New Leading Credit Index Gives Mixed Signals for Total Economy
With The Conference Board's release yesterday of the December leading indicator index, they included a brand new measure of financial market forces, which they call the Leading Credit Index. In December, it rose 0.2%; it enters the [...]
- Global| Jan 26 2012
U.S. Leading Indicators Revamped; Index Suggests Continuing Improvement in Economy
The Conference Board's revised leading indicator index ("LEI") rose 0.4% in December, following 0.2% in November. For all of 2011, the index was up 2.8% December/December and 5.1% on average for the year over 2010. Despite the [...]
- Global| Dec 29 2011
U.S. Pending Home Sales Surge Again
The National Association of Realtors (NAR) reported that pending sales of existing single-family homes surged further by 7.3% in November after October's 10.4%. The index level (2001=100) reached 100.1, the highest since April 2010. [...]
- Global| Dec 29 2011
U.S. Initial Unemployment Claims Turn Up in Dec 24 Week
Initial claims for unemployment insurance rose back to 381,000 in the week ended December 24 from 366,000 the week before (revised from 364,000). Expectations had been for a smaller rise to 374,000 in the Action Economics survey. [...]
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