Consumer prices in the Eurozone rose 1.8% in February from a year ago, the same as in January and 0.1% below December. In February 2006, the year-on-year change was 2.3%, boosted by strong energy gains. In the most recent months, [...]
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| Mar 14 2007Major Increase in Mortgage Delinquencies in Q4; Rate of Foreclosures Started Hits a Quarterly Record
A notable catalyst for yesterday's stock market sell-off was the quarterly mortgage delinquency report from the Mortgage Bankers' Association (MBA). It showed that 4.95% (seasonally adjusted) of all loans surveyed by MBA were past due [...]
- Global| Mar 09 2007
Payrolls Up 97,000, Close to Forecast; Construction Hit by Bad Weather
Nonfarm payrolls grew by 97,000, an increase that was right in line with the Consensus forecast for a 100,000 rise; the prior two months' gains were revised upward once again, this time by a collective 55,000. The unemployment rate [...]
- Global| Mar 09 2007
Payrolls Up 97,000, Close to Forecast; Construction Hit by Bad Weather
Nonfarm payrolls grew by 97,000, an increase that was right in line with the Consensus forecast for a 100,000 rise; the prior two months' gains were revised upward once again, this time by a collective 55,000. The unemployment rate [...]
- Global| Mar 08 2007
January Industrial Production Up in Germany, Off in Smaller European Economies, But All Enjoy Longer-Run Growth
Industrial production among a group of European countries reporting today appears to have slowed in January, but is keeping up vigorous trend growth. The largest, Germany, is an exception for the month, with a 1.7% gain in January, [...]
- Global| Mar 08 2007
Initial Claims for Jobless Insurance Hover Around 330K
Initial unemployment insurance claims fell 10,000 to 328,000 in the week ended March 3, basically reversing the prior week's 7,000 increase. The figure was marginally lower than Consensus expectations for a decline to 330,000 claims. [...]
- Global| Mar 08 2007
Initial Claims for Jobless Insurance Hover Around 330K
Initial unemployment insurance claims fell 10,000 to 328,000 in the week ended March 3, basically reversing the prior week's 7,000 increase. The figure was marginally lower than Consensus expectations for a decline to 330,000 claims. [...]
- Global| Mar 07 2007
U.S. Productivity & Unit Labor Costs: A Follow-Up
Yesterday, we wrote here about the sharp increases in hourly compensation and unit labor costs now seen in the productivity data for Q4. Compensation rose at an 8.2% annual rate, pushing unit labor costs up at a 6.6% pace. We [...]
- Global| Mar 07 2007
ADP Report Points to 57K Private Payroll Growth for February; Survey Revised, Series Added on Sector and Firm-Size
The ADP National Employment Report for February points to a 57,000 increase in private nonfarm payrolls. This measure is intended as a leading indicator for the "official" BLS data to be reported Friday, March 9. For January, the ADP [...]
- Global| Mar 07 2007
ADP Report Points to 57K Private Payroll Growth for February; Survey Revised, Series Added on Sector and Firm-Size
The ADP National Employment Report for February points to a 57,000 increase in private nonfarm payrolls. This measure is intended as a leading indicator for the "official" BLS data to be reported Friday, March 9. For January, the ADP [...]
- Global| Mar 06 2007
Q4 Productivity Revised Down; Bonus Payments Boost Unit Labor Cost
Nonfarm labor productivity was revised to 1.6% in Q4 from 3.0% reported a month ago. The revision was in line with market forecasts, which were based on the most recent revision to GDP. For 2006 as a whole, productivity was also up [...]
- Global| Mar 06 2007
Q4 Productivity Revised Down; Bonus Payments Boost Unit Labor Cost
Nonfarm labor productivity was revised to 1.6% in Q4 from 3.0% reported a month ago. The revision was in line with market forecasts, which were based on the most recent revision to GDP. For 2006 as a whole, productivity was also up [...]
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