European industry is trying hard to grow and some sectors are more successful than others, according to data for December 2006 reported today by various statistical agencies. German production fell by 0.7% after a 1.8% surge in [...]
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| Feb 07 2007Machinery Output Leads Industrial Production in Several European Nations
- Global| Feb 02 2007
U.S. Vehicle Sales Steady in January
In January, U.S. sales of light vehicles eased 0.1% from the prior month to 16.73M units, according to the Autodata Corporation. This was 4.6% below January 2006. There were offsetting moves in trucks and cars. Total truck sales came [...]
- Global| Feb 01 2007
January ISM Manufacturing Survey Gives Back December Gains
The ISM Manufacturing Index fell back below 50 in January to 49.3, reversing December's gain and confounding forecasts of a further gain to over 51. Readings above 50 indicate that activity is expanding at half or more of the [...]
- Global| Jan 31 2007
Turkey's Trade Deficit Much Smaller in December; Auto Sector Boosts Exports
The trade deficit in Turkey shrank markedly in December. The Turkish Statistical Institute reported it at $3.08 billion, compared with $4.18 billion in November and $4.44 billion in December 2005. This was the smallest deficit since [...]
- Global| Jan 26 2007
Employment in Spain Surpasses 20 Million in Q4; Foreign Workers Increase Share of Jobs
The number of employed workers in Spain passed 20 million in Q4, a record and a new milestone. The Spanish labor market continues to impress with its vigor. Growth rates are moderating a bit, but conditions remain strong overall. The [...]
- Global| Jan 25 2007
China GDP Grows 10.7% in 2006, But Manufacturing Gains Appear To Moderate Late in the Year
China's economy continued to expand rapidly in Q4, according to GDP data reported today (Jan 25). The Q4 GDP was 10.4% above that for Q4 2005, making the whole year 10.7% above 2005. This was the strongest yearly performance since [...]
- Global| Jan 19 2007
Michigan Consumer Sentiment Gauge Rebounds Sharply on Optimistic View of Business Conditions & Personal Finances
The University of Michigan's preliminary reading of consumer sentiment this month jumped from December's 91.7 to 98.0 (Q1 1966 = 100). This contrasted sharply with forecast expectations for only a modest rise to 92.0-92.5. Both [...]
- Global| Jan 19 2007
Michigan Consumer Sentiment Gauge Rebounds Sharply on Optimistic View of Business Conditions & Personal Finances
The University of Michigan's preliminary reading of consumer sentiment this month jumped from December's 91.7 to 98.0 (Q1 1966 = 100). This contrasted sharply with forecast expectations for only a modest rise to 92.0-92.5. Both [...]
- Global| Jan 18 2007
Total Housing Starts Rise, But Single-Family Units Fall Anew
December housing starts appeared to gain some forward momentum, with a 4.5% advance. The resulting 1.642M was considerably better than Consensus expectations for renewed decline to 1.563M starts. For all of 2006 starts of 1.819M was [...]
- Global| Jan 18 2007
CPI Rises 0.5% with Pick-Up in Energy
The December consumer price index (CPI-U) rose 0.5% after November's flat reading. In fact, this was the first increase since August. The monthly change was in line with consensus expectations at a 0.5% rise. The 12-month inflation [...]
- Global| Jan 18 2007
Initial Unemployment Insurance Claims Fall Again; Low Since Feb 2006
Initial unemployment insurance claims continued to fall last week, decreasing 8,000 to 290,000, now the lowest level since last February. Consensus expectations had been for 310,000, which would have meant some reversal of the [...]
- Global| Jan 18 2007
Total Housing Starts Rise, But Single-Family Units Fall Anew
December housing starts appeared to gain some forward momentum, with a 4.5% advance. The resulting 1.642M was considerably better than Consensus expectations for renewed decline to 1.563M starts. For all of 2006 starts of 1.819M was [...]
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