House prices remain weak. The seasonally adjusted Case-Shiller 20-City Home Price Index dropped 0.6% during October following a slightly revised 0.7% decrease in September. Among the 20 cities, only four, Charlotte, Denver, Tampa and [...]
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 28 2011U.S. Case-Shiller Home Price Index Extends Decline
- Global| Dec 28 2011
U.S. Case-Shiller Home Price Index Extends Decline
House prices remain weak. The seasonally adjusted Case-Shiller 20-City Home Price Index dropped 0.6% during October following a slightly revised 0.7% decrease in September. Among the 20 cities, only four, Charlotte, Denver, Tampa and [...]
- Global| Dec 28 2011
U.S. Consumer Confidence Reaches High Since April
The Conference Board's Index of Consumer Confidence gained again for December, adding 9.3 points to 64.5 (seasonally adjusted, 1985=100) and suggesting that November's 14.3-point surge was not a fluke. Consensus estimates had looked [...]
- Global| Nov 18 2011
"BED" Data Show Fewer Job Gains, but Job Losses Fall to All-Time Low
There is job growth, despite the subjective impressions among observers that there is not. Yesterday (November 17), yet another such indicator was reported by the Bureau of Labor Statistics (BLS). Their quarterly Business Employment [...]
- Global| Nov 18 2011
"BED" Data Show Fewer Job Gains, but Job Losses Fall to All-Time Low
There is job growth, despite the subjective impressions among observers that there is not. Yesterday (November 17), yet another such indicator was reported by the Bureau of Labor Statistics (BLS). Their quarterly Business Employment [...]
- Global| Aug 26 2011
The Extraordinary Behavior of the U.S. Housing Sector
It's easy to get exasperated these days with the stubborn sluggishness in the U.S. economy. GDP data reported this morning highlight one continuing cause, the dramatic correction in the homebuilding sector. Other recent reports [...]
- Global| Aug 26 2011
U.S. GDP Headline Revised Lower, but Final Demand Looks Better
The headline on the Commerce Department's revision of Q2 real GDP shows a cut to 1.0% growth (SAAR) from the 1.3% reported a month ago. However, domestic final sales were strengthened to 1.1% from 0.5% in the advance release. This [...]
- Global| Aug 25 2011
U.S. Initial Claims for Unemployment Insurance Up 5K; Some Claims Related to Verizon Strike
Initial unemployment insurance claims remained above 400,000 yet again, but at least this week there is one good reason for this elevated level: the strike of union members against Verizon Communications. Indeed, the Labor Department [...]
- Global| Aug 24 2011
U.S. Durable Goods Orders Rebound; Heavily Concentrated in Transportation
New orders for durable goods rebounded by 4.0% last month and both June and May were revised higher, June from -2.1% to -1.3% and May from 1.9% to 2.0%. The July gain was mainly in transportation; the total excluding transportation [...]
- Global| Aug 23 2011
U.S. New Home Sales Remain in the Doldrums
Total new home sales decreased 0.7% in July, a third successive reduction. June's sales were revised from 312,000 to 300,000, and May's from 315,000 to 309,000. The July volume was a bit weaker than forecast; the Action Economics [...]
- Global| Aug 22 2011
U.S. Chicago Fed Index Improves for July
The Chicago Fed's National Activity Index (CFNAI) remained negative in July, but it still improved noticeably from June's reading. The last couple of months were revised positively as well. These latest data relieved some of the [...]
- Global| Aug 18 2011
U.S. Leading Indicators Are Up in July, But Can It Last?
The Conference Board reported that its Leading Economic Indicators index rose 0.5% in July following June's unrevised 0.3% increase. A Consensus forecast looked for a 0.2% rise. The latest three-month growth rate (annualized) picked [...]
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