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Statistics...Telling the Economic Story

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Gross Domestic Product and the National Accounts

Robert Parker, U.S. Government Accountability Office, moderator Slide show
( PDF 10 K)

Data Producer:
Shelly Smith, Bureau of Economic Analysis, “Gross Domestic Product” Slide Show (PDF 884 K)

Case Studies:
Kurt Karl, Swiss Re, “Business Uses of National Accounts Data” Slide Show (PDF 382 K)
Patrick Newport, Global Insight Slide Show (PDF 64 K)

 

Shelly Smith
Economist
Bureau of Economic Analysis

Shelly Smith is an economist with the National Income and Wealth Division (NIWD) of the Bureau of Economic Analysis (BEA), U.S. Department of Commerce (USDOC). She began working at BEA in May of 1997. At BEA, she serves as a member of the team responsible for the review and analysis of the quarterly gross domestic product (GDP) estimates. Prior to joining NIWD, Ms. Smith was an economist with the Federal Branch of BEA’s Government Division where she developed estimates of several components of the government accounts, including Federal Government spending on research and development and the current surplus of Federal Government enterprises. Ms. Smith is also active in many developmental activities at BEA, including the Standing Committee on Estimation, (where she currently serves as chairperson), which strives to increase staff awareness of estimation problems and solutions, and BEA’s mentoring program (where she served as coordinator for 2 years).

Ms. Smith received her Bachelor’s Degree in International Studies and in Economics from Frostburg State University in western Maryland. She is currently pursuing her Masters Degree in Applied Economics from the Johns Hopkins University.

Kurt Karl
Swiss Re

Kurt E. Karl is head of Swiss Re’s Economic Research and Consulting, North America. As such, Dr. Karl has responsibility for the North American part of Swiss Re’s “sigma” insurance industry research. In addition, he supports Swiss Re’s strategic planning and provides internal consulting on products and economic risks. Finally, he supplies insights and forecasts on the U.S. and global economies to Swiss Re, Conning Asset Management and Fox-Pitt, Kelton for use in a variety of corporate decisions, including asset management. He is an expert on the U.S. and global economies with extensive experience and knowledge of foreign markets and has lived and worked in Europe, Africa and Asia. Dr. Karl is a contributor to many forecasting surveys, including those of the Wall Street Journal, Blue Chips, Bloomberg and Reuters. He is widely quoted and appears regularly on CNBC and Bloomberg TV.

Prior to joining Swiss Re, Dr. Karl was chief international economist at WEFA, Inc., an economic forecasting firm located near Philadelphia. He has a B.A. from the University of Oregon, a M.Sc. from the London School of Economics and a Ph.D. from Princeton University.

Patrick Newport
Principal
Global Insight

Patrick Newport's tracks the investment and construction sectors for Global Insight's Macroeconomic Service. He also, manages Global Insight 's long-term forecasts, and works on consulting projects. Patrick joined Global Insight in July 1998. Prior to joining Global Insight, he worked as a research economist for Washington State's Department of Revenue. He later served as a senior economist for the Office of the Forecast Council of Washington State. Mr. Newport received his Ph.D. from Harvard University in 1993. He also holds a B.A. in Business Administration and an M.A. in economics from Louisiana State University. Patrick was born and raised in New Orleans, and now lives in Arlington Massachusetts, a Boston suburb.

 

 


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