- Jobless claims on very slight downward trend.
- Continuing claims are rising gradually.
- The insured unemployment rate inched up to 1.3%, the first rise since March 2023.
Introducing
Kathleen Stephansen, CBE
in:Our Authors
Kathleen Stephansen is a Senior Economist for Haver Analytics and an Independent Trustee for the EQAT/VIP/1290 Trust Funds, encompassing the US mutual funds sponsored by the Equitable Life Insurance Company. She is a former Chief Economist of Huawei Technologies USA, Senior Economic Advisor to the Boston Consulting Group, Chief Economist of the American International Group (AIG) and AIG Asset Management’s Senior Strategist and Global Head of Sovereign Research. Prior to joining AIG in 2010, Kathleen held various positions as Chief Economist or Head of Global Research at Aladdin Capital Holdings, Credit Suisse and Donaldson, Lufkin and Jenrette Securities Corporation.
Kathleen serves on the boards of the Global Interdependence Center (GIC), as Vice-Chair of the GIC College of Central Bankers, is the Treasurer for Economists for Peace and Security (EPS) and is a former board member of the National Association of Business Economics (NABE). She is a member of Chatham House and the Economic Club of New York. She holds an undergraduate degree in economics from the Universite Catholique de Louvain and graduate degrees in economics from the University of New Hampshire (MA) and the London School of Economics (PhD abd).
Publications by Kathleen Stephansen, CBE
- USA| Nov 21 2024
U.S. Unemployment Insurance Claims Rose 6,000 in Latest Week
- USA| Nov 15 2024
U.S. Import and Export Prices Rose in October
- Import prices rose in most categories last month and are up y/y.
- Export price increases were broad-based, but still declining y/y.
- USA| Nov 06 2024
U.S. Mortgage Loan Applications Dropped in the November 1 Week
- Loan applications to purchase and to refinance a house fell in the latest week.
- The 30-year fixed-rate mortgage continued to rise in the latest week.
- Average loan size rose slightly.
- USA| Oct 30 2024
U.S. Mortgage Loan Applications Eased in the October 25 Week
- Loan applications to purchase rose and those to refinance a house fell in the latest week.
- The 30-year fixed-rate mortgage rose sharply in the latest week.
- Average loan size rose slightly.
- USA| Oct 23 2024
U.S. Mortgage Loan Applications Fell in the October 18 Week
- Loan applications to purchase and refinance a house fell again in the latest week.
- The 30-year fixed-rate mortgage was unchanged in the latest week.
- Average loan size declined.
- Continuing claims up 9,000 in the October 5 week, after the 39,000 jump in September 28 week.
- Insured unemployment rate holds at 1.2%.
- USA| Oct 16 2024
U.S. Mortgage Loan Applications Plunged in the October 11 Week
- Loan applications to purchase and refinance a house plummeted in the latest week.
- Interest rates on all loans rose in the latest week.
- Average loan size declined.
- USA| Oct 09 2024
U.S. Mortgage Loan Applications Fall in the October 4 Week
- Loan applications to purchase a house dropped in the latest week.
- Interest rates on all loans rose in the latest week.
- Average loan size declined, while the size of loans to purchase rose modestly.
- USA| Sep 26 2024
U.S. Jobless Claims Eased Again in the September 21 Week
- Initial claims declined by 4,000 in the week ended September 21.
- Continued claims rose by 13,000 in the week ended September14.
- Insured unemployment rate still at 1.2%.
- USA| Sep 19 2024
U.S. Jobless Claims Declined in the September 14 Week
- Initial claims declined by 12,000 in the week ended September 14.
- Continued claims declined by 14,000 in the week ended September 7.
- Insured unemployment rate still at 1.2%.
- USA| Sep 11 2024
U.S. Mortgage Applications Rose in the First Week of September
- Purchase & refinancing applications rose in the first week of September.
- Interest rates on all loans dropped in the latest week.
- Average loan size rose.
- USA| Sep 04 2024
U.S. Mortgage Applications Rose in the Last Week of August
- Purchase applications rose & refinancing applications edged down in the last week of August.
- Interest rate on 30-year fixed-rate loan remains near May 2023 low.
- Average loan size rises.
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