Today, the BEA reported personal income by state for Q2. This sizable body of data, carried in Haver's PIQR database, shows the composition of aggregate personal income for each state by type of income and earnings by industry. In Q2 [...]
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| Sep 19 2007U.S. CPI Total -0.1%, Core Up 0.1503%
The consumer price index (CPI-U) edged down 0.1% in August, a bit softer than the Consensus forecast for unchanged. The 0.2% rise in prices less food & energy was in line with expectations. Actually, carried out to more decimal [...]
- Global| Sep 19 2007
U.S. Housing Starts Fall Yet Again
Housing starts fell in August by 2.6% to 1.331M units. This result undershot Consensus expectations, which called for a decrease to 1.35M starts. July volume was revised from 1.38M to 1.367M.The August number was the smallest since [...]
- Global| Sep 19 2007
U.S. Housing Starts Fall Yet Again
Housing starts fell in August by 2.6% to 1.331M units. This result undershot Consensus expectations, which called for a decrease to 1.35M starts. July volume was revised from 1.38M to 1.367M.The August number was the smallest since [...]
- Global| Sep 13 2007
Survey Shows Net Reduction in House Prices; Construction Orders Already Down
The UK housing market, too, seems to be faltering. The monthly survey of the Royal Institute of Chartered Surveyors, RICS, shows a net decline in house prices in its August reading of -1.8%, the first decline since October 2005. The [...]
- Global| Sep 12 2007
India's Industrial Sector Downshifts in July After Spring Acceleration
Industrial production in India has declined for two months now, with the July data out today showing a 3.2% drop from June in figures seasonally adjusted by Haver Analytics. This pulled July's year-on-year growth to 7.1% (not [...]
- Global| Sep 07 2007
Payrolls Fall 4,000 in August; Revisions Take Away 81,000 More
Oh, well. Nonfarm payrolls declined 4,000 in August, the first monthly decrease since August 2003. Needless to say, forecasters and market participants are surprised at this outcome; the consensus expected a pickup to a 113,000 gain [...]
- Global| Sep 06 2007
Q2 Productivity Revised Up, But So Was Compensation
Nonfarm labor productivity was revised to 2.6% in Q2 from 1.8% reported a month ago. The revision was marginally above market forecasts, which called for 2.5%, based on the most recent revision to GDP. Compensation per hour last [...]
- Global| Sep 05 2007
How Much Have Home Values Changed? -- Well, It Depends . . . .
In this time when homes and their values are playing a key role in financial market developments, it's important to examine the behavior of various house price indexes and to know what they are measuring. Last evening, the Federal [...]
- Global| Sep 05 2007
How Much Have Home Values Changed? -- Well, It Depends . . . .
In this time when homes and their values are playing a key role in financial market developments, it's important to examine the behavior of various house price indexes and to know what they are measuring. Last evening, the Federal [...]
Personal income rose 0.5% in July, slightly firmer than June's 0.4%. Consensus forecasts had pointed to a 0.3% July rise. This monthly increase put the 12-month change at 6.6%. The PCE chain price index rose just 0.1% during July, [...]
Personal income rose 0.5% in July, slightly firmer than June's 0.4%. Consensus forecasts had pointed to a 0.3% July rise. This monthly increase put the 12-month change at 6.6%. The PCE chain price index rose just 0.1% during July, [...]
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