Consumer spending appears to be recovering in Japan. After a three-month-long decline last summer and early autumn, the index of household living expenditures gained 1.4% in January to 99.3 (seasonally adjusted, 2005=100), the highest [...]
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 02 2007Household Expenditures in Japan Show First Yr/Yr Rise in 13 Months; Unemployment Holds at 4.0% for a Third Month
Consumer spending appears to be recovering in Japan. After a three-month-long decline last summer and early autumn, the index of household living expenditures gained 1.4% in January to 99.3 (seasonally adjusted, 2005=100), the highest [...]
- Global| Mar 01 2007
U.S. Personal Income Boosted by Bonuses; Core Prices Pick Up to 0.3%
Personal income surged by a full 1% in January, following unrevised gains of 0.5% and 0.3% in December and November, respectively. Consensus expectations had envisioned a 0.3% increase. Income was 5.3% ahead of January 2006. Wages & [...]
- Global| Mar 01 2007
U.S. Personal Income Boosted by Bonuses; Core Prices Pick Up to 0.3%
Personal income surged by a full 1% in January, following unrevised gains of 0.5% and 0.3% in December and November, respectively. Consensus expectations had envisioned a 0.3% increase. Income was 5.3% ahead of January 2006. Wages & [...]
- Global| Feb 28 2007
New Home Sales Fall 16.6% in January, Pay Back Late 2006 Gains
A month ago here, Tom Moeller explained that mild weather was likely behind an unexpectedly strong performance for new home sales. They were up 4.8% from November, which itself had risen markedly. All of that has now been reversed as [...]
- Global| Feb 28 2007
US 4Q GDP Revised Down to 2.2% Growth, in Line with Forecasts
U.S. real GDP grew 2.2% (AR) last quarter, revised from the unexpectedly large 3.5% reported last month. After release of December construction, trade and inventory data, market forecasters estimated the change to GDP fairly well in [...]
- Global| Feb 28 2007
US 4Q GDP Revised Down to 2.2% Growth, in Line with Forecasts
U.S. real GDP grew 2.2% (AR) last quarter, revised from the unexpectedly large 3.5% reported last month. After release of December construction, trade and inventory data, market forecasters estimated the change to GDP fairly well in [...]
- Global| Feb 27 2007
Existing Home Sales Show Monthly Gain, Less Year/Year Weakness
Existing home sales had a surprising gain in January, rising 3.0% to 6.46 million (SAAR), the largest volume since June. Market forecasts called for an increase of just 0.5% or so. Note that all these data have undergone annual [...]
- Global| Feb 27 2007
January Durable Goods Orders Fall, Giving Up Late 2006 Gains
New orders for durable goods dropped 7.8% in January, following a downwardly revised 2.8% gain in December (originally 3.1%). Consensus expectations called for about a 3% fall, which would have basically reversed the December [...]
- Global| Feb 27 2007
January Durable Goods Orders Fall, Giving Up Late 2006 Gains
New orders for durable goods dropped 7.8% in January, following a downwardly revised 2.8% gain in December (originally 3.1%). Consensus expectations called for about a 3% fall, which would have basically reversed the December [...]
- Global| Feb 23 2007
Mass Layoff Events Increase in January, But the Number of People Involved Decreases
The number of mass layoff events was up 3.0% in January, according to BLS data reported this morning. These specific layoff incidents are called "mass layoffs" because they involve 50 or more initial claims for unemployment insurance. [...]
- Global| Feb 23 2007
Mass Layoff Events Increase in January, But the Number of People Involved Decreases
The number of mass layoff events was up 3.0% in January, according to BLS data reported this morning. These specific layoff incidents are called "mass layoffs" because they involve 50 or more initial claims for unemployment insurance. [...]
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