• Disruptions to the Colonial Pipeline operations pushed gasoline prices above the $3.00 per gallon for the first time since October 27, 2014. • The price of West Texas Intermediate crude oil held steady • Natural gas prices [...]
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
Global| May 18 2021U.S. Retail Gasoline Price Breaches $3.00 For the First Time Since 2014
- Global| May 14 2021
U.S. Industrial Production Rises Modestly in April
• Industrial production gained 0.7% m/m, with manufacturing output up 0.4%. • Shortage of semiconductors continues to affect vehicle production. • Chemical production rose 3.2%. Industrial production rose 0.7% m/m (16.5% y/y) in [...]
- Global| May 11 2021
U.S. Energy Prices on An Upward Trend
• TEXT. • TEXT. • TEXT. • Gasoline prices continue to rise prior to the potential effects of the Colonial Pipeline shutdown. • Crude oil prices also continue to rise. • Natural gas prices strengthen. The price of retail gasoline rose [...]
- Global| May 11 2021
U.S. Energy Prices on An Upward Trend
• Gasoline prices continue to rise prior to the potential effects of the Colonial Pipeline shutdown. • Crude oil prices also continue to rise. • Natural gas prices strengthen. The price of retail gasoline rose 7 cents to $2.96 a [...]
- Global| May 06 2021
U.S. Productivity’s Rise in Q1 reverses the Decline in Q4
• Nonfarm worker productivity surges. • Compensation per hour rises in Q1’21. • Unit labor costs decline. Nonfarm business sector productivity rose 5.4% (SAAR, 4.1% y/y) during Q1’21, following a decline of 3.8% (SAAR, +2.6% y/y) in [...]
- Global| May 06 2021
U.S. Productivity's Rise in Q1 Reverses the Decline in Q4
• Nonfarm worker productivity surges. • Compensation per hour rises in Q1'21. • Unit labor costs decline. Nonfarm business sector productivity rose 5.4% (SAAR, 4.1% y/y) during Q1'21, following a decline of 3.8% (SAAR, +2.6% y/y) in [...]
- Global| Apr 30 2021
U.S. Employment Cost Growth Ticks Up in Q1
• Overall Compensation rose 0.9% in Q1; year-on-year growth accelerate slightly to 2.6%. • Wage and salaries increased 1% in Q1 (2.7% y/y), while benefits grew 0.6% (2.5% y/y). The employment cost index (ECI) for civilian workers rose [...]
- Global| Apr 15 2021
U.S. Empire State Manufacturing Index Reaches a Multi-Year High in April
• Strong gains are reported for all components. • Prices paid and prices received surged in April. The Empire State Manufacturing Index of General Business Conditions jumped 9 points to 26.3, up from 17.4 in March, and well surpassing [...]
- Global| Apr 13 2021
U.S. NFIB Small Business Optimism Index Rises in March
• The NFIB Small Business Optimism Index rose 2.4 points in March to 98.2. • The March reading returns to the historic average since last November. The National Federation of Independent Business (NFIB) reported that its Small [...]
- Global| Apr 07 2021
U.S. Mortgage Applications Continue to Decline
• Applications for both purchases and refinancing continue to decline. • Mortgage interest rates edged up slightly last week. The Mortgage Bankers Association Mortgage Loan Applications Index fell 5.1% w/w (-3.4% y/y) in the week [...]
- Global| Apr 01 2021
U.S. Initial Claims Post a Rise in the Week Ending March 27
• PUA claims continue to decline. • Insured jobless rate is unchanged in the week ending March 20. Initial claims for unemployment insurance were 719,000, an increase of 61,000 from the previous week, which was revised down by 26,000 [...]
- Global| Mar 31 2021
U.S. Chicago Business Barometer Hit a Multi-Year High in March
• TEXT. • TEXT. • TEXT. PREVIOUS>>>>>The ISM-Chicago Purchasing Managers Business Barometer fell 4.3 points in February to 59.5................. The MNI Chicago Report is produced by MNI in partnership with ISM-Chicago. The survey is [...]
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