Sweden's GDP expanded by a 1.0% quarterly amount in Q2, Statistics Sweden reported this morning, a pickup from 0.7% in Q1. Year-on-year growth was 3.5%, compared to 3.0% in Q1. The gain during 2006 was 4.2%. Two demand sectors [...]
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
Sweden's GDP expanded by a 1.0% quarterly amount in Q2, Statistics Sweden reported this morning, a pickup from 0.7% in Q1. Year-on-year growth was 3.5%, compared to 3.0% in Q1. The gain during 2006 was 4.2%. Two demand sectors [...]
Global| Aug 01 2007Greater Risk Evident in (1) More Stock Options Volatility, (2) Wider Yield Spreads and (3) Sluggish House Prices
Today, August 1st, as we write at mid-afternoon, the stock market is hovering near yesterday's close, following its up-and-down lurches of recent days, as investors have been factoring more risk into their portfolios. In this note, we [...]
- Global| Jul 27 2007
Japan: CPI and Retail Sales Weaken--Discouragingly
It was looking promising in Japan: deflation was ending, finally, after almost 8 years. The most watched measure there, the core CPI excluding fresh food, had fallen from the middle of 1998 through April of 2006, according to the path [...]
- Global| Jul 26 2007
Industry Employment in Canada Shows Manufacturing Upturn in May, Somewhat Slower Growth in Services
Statistics Canada today reported monthly data on payroll employment for May, its establishment employment survey. The total number of employees increased 6,900, roughly in line with the experience over the previous months of 2007, [...]
- Global| Jul 25 2007
Korea GDP Up 1.7% in Q2; Maintaining 4-5% Annual Pace, Country Sees Its Credit Rating Raised
South Korea's GDP grew 1.7% in Q2, following 0.9% in the previous two quarters. This was the strongest quarterly increase since Q4 2003, 4-1/2 years ago. The year-to-year growth was 4.9%, up from 4.0% in Q1 and also in Q4. The [...]
- Global| Jul 19 2007
Treasury TIC Data: Record Purchases of US Securities; Country Mix Highlights Rising China, Diminishing Japan
May's "TIC" data from the US Treasury show a substantial increase in net purchases of US securities by foreign investors to a record $163.5 billion. These purchases amounted to $97.4 billion in April and $107.7 billion in May a year [...]
- Global| Jul 18 2007
Employment Rises Sharply in UK, Unemployment Down
In a marked shift, UK employment surged 63,000 in the 3 months centered on April, a second successive gain, as the March period saw 31,000 more employed. From three months ago (the style of comparison that the UK's Office for National [...]
Gasoline prices turned up slightly in the latest week, ending July 9, but they remain below their May peaks. The latest reading from the Department of Energy (DOE) was $2.981/gallon, up 2.2 cents on the week. At least one reason for [...]
- Global| Jul 12 2007
India's Industrial Production Up "Only" 11.1% in May
Industrial output in India has accelerated markedly over the last couple of years. In the data for May, published today in Mumbai by the Central Statistical Organization, the gain was 11.1% from May 2006 and that actually disappointed [...]
- Global| Jul 11 2007
CPI in Hungary and Czech Republic: Up, Down or Sideways?
The Czech Republic and Hungary are not far apart in Central Europe, but their respective consumer price behaviors put them seemingly at the other end of the continent from each other. In the Czech Republic in June, the total CPI rose [...]
- Global| Jul 06 2007
Who Says Manufacturing Growth Is All in Asia? German Factory Orders Up Markedly in May
Sometimes it's easy to dismiss manufacturing activity in the West. Asian producers have come on so strong in the last several years that one might think European and North American manufacturing is fading away. But this is not so. [...]
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