Kurt J Karl from Pittsburgh, PA, age 34

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Kurt Karl

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Kurt Karl

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Harvey's toll: $80 billion so far in damages, second only to Katrina

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Strong, vibrant economies recover, says Kurt Karl, chief economistat insurance company Swiss Re. Unlike New Orleans, Houston had been growing rapidly before the storm hit. Oil is the heart of the region's economy, but Houston has diversified in recent years with more jobs in health care, tourism

Date

Sep 01, 2017

Category:

U.S.

Source:

Google

Euro eases as likely ECB rate cut looms

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Unemployment is still increasing in southern Europe and France, while stagnating in Germany. Though [Purchasing Managers Indexes] have stabilized somewhat, they remain below 50, implying the economy is shrinking, Swiss Re chief economist Kurt Karl said in note Wednesday. Our growth forecast of -

Date

May 01, 2013

Category:

Business

Source:

Google

US stocks : Dow off 0.3 pct

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likely to fall below 6.5 percent next year, so the Fed may be raising interest rates as soon as mid-2014. The fiscal drag from the tax increases will be offset this quarter by rebuilding post-Sandy, so real GDP growth should still come in at 2 percent," said Kurt Karl, chief economist at Swiss Re.

Date

Jan 30, 2013

Category:

Business

Source:

Google

US Economy: Growth Accelerates as Consumers Spend More

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The economy expanded at an average 0.9 percent rate in the first half of 2011, the worst performance since the recovery began in June 2009. Growth needs to exceed 2.5 percent to reduce the jobless rate, according to estimates by Kurt Karl, chief U.S. economist at Swiss RE in New York.

Date

Oct 27, 2011

Category:

Business

Source:

Google

US Economy: Growth Accelerates as Consumers Boost Spending

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The U.S. economy expanded at an average 0.9 percent rate in the first half of 2011, the worst performance since the recovery began in June 2009. Growth needs to exceed 2.5 percent to reduce the jobless rate, according to estimates by Kurt Karl, chief U.S. economist at Swiss RE in New York.

Date

Oct 27, 2011

Category:

Business

Source:

Google

Stockpiles at U.S. Companies Show Smallest Gain in Over a Year

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We dont have a big buildup in inventories like we didprior to the last recession and thats good news, Kurt Karl,chief U.S. economist at Swiss RE in New York, said before thereport. That implies a shallow downturn if we have one.

Date

Aug 12, 2011

Category:

Business

Source:

Google

Bernanke has thrown in towel on economy

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I guess the Fed could backtrack and change its mind. Kurt Karl, chief U.S. economist with Swiss Re in New York, points out that the Fed didn't technically rule out rate hikes next year. He said that small increases from zero would still technically keep rates "low."

Date

Aug 10, 2011

Source:

Google

Job outlook rises as reports suggest more hiring

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Those factors "are pretty much behind us, so unless we have something else unexpected, I think we'll be in good shape" in the second half of this year, said Kurt Karl, chief U.S. economist at Swiss Re.

Date

Jul 07, 2011

Category:

Business

Source:

Google

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