• The ISM-Chicago Purchasing Managers Business Barometer expanded to 66.3 in March. • Production posted the largest gain. The ISM-Chicago Purchasing Managers Business Barometer rose to 66.3 in March, the highest level since July 2018, [...]
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| Mar 31 2021U.S. Chicago Business Barometer Hit a Multi-Year High in March
- Global| Mar 16 2021
U.S. Business Inventories Rise for the Seventh Straight Month in January, but at a Decelerating Rate
• Total business sales jump in January. • Total business inventory-to-sales ratio resumes its downward correction. Total business inventories rose 0.3% during January (-1.8% y/y) following an upwardly revised 0.8% in December (from [...]
- Global| Mar 05 2021
U.S. Trade Deficit Widens to $68.2 Billion in January
• Exports grow 1%. Imports rise 1.2%. • This report suggests little impact on Q1 GDP forecasts. The U.S. trade deficit in goods and services widened to $68.2 billion in January from a slight upwardly revised $67 billion deficit in [...]
- Global| Feb 25 2021
Inventory Constraints Impede U.S. Pending Home Sales in January
• Sales remain mixed across regions. Pending home sales fell 2.8% (+13% y/y) in January, following an upwardly revised increase of 0.5% (+20.8% y/y) in December. According to the National Association of Realtors (NAR) the weakness in [...]
- Global| Oct 30 2020
Business Activity Slips in October
• Employment remains weak. The Chicago Purchasing Managers Business Barometer eased to 61.1 during October from 62.4 in September, but the sharp improvement from the May low of 32.3 is largely intact. Note that a reading above 50 [...]
- Global| Aug 28 2020
The Chicago Business Barometer Takes a Breather in August
• Business activity remains in expansion mode. The Chicago Purchasing Managers Business Barometer eased to 51.2 in August from 51.9 in July. This is the second month above 50 since June 2019. A reading above 50 suggests rising [...]
- Global| Aug 27 2020
Kansas City Fed Factory Index Rose Moderately in August
• Midwest economic activity continues to improve. • Future expectations indicate continued expansion but at a slower pace than reported in July. The Federal Reserve Bank of Kansas City reported that the manufacturing business activity [...]
• Falling incomes offset record low mortgage interest rates. The National Association of Realtors reported that its Fixed Rate Mortgage Housing Affordability Index declined 3.8% to 163.7 in June (+7.9% y/y) from a 0.9% drop in May [...]
- Global| Sep 05 2019
U.S. Productivity Growth Posted Minor Revisions, Unit Labor Costs Continued Their Ascent
Minor revisions in Productivity growth coupled with continued increases in unit labor costs Productivity in the nonfarm business sector grew at a seasonally adjusted annual rate of 2.3% during Q2'19 (1.8% year-on-year) unchanged from [...]
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