As the economy slowly improves. economists and others are interested in how fast many economic measures return to pre-recessionary level. One economic statistic has now returned to its pre-recessionary level — and then some. N.C. State University economist Mike Walden explains.
Government statistics show household debt fell by over $600 billion since the start of the recession. But how much of this was involuntary debt reduction due to foreclosures and bankruptcies? N.C. State University economist Mike Walden answers.
There are some things most of us have to buy, and there are others we can take or leave. I would think gas fits into the first category. What does this mean in terms of which households suffer the most when gas prices rise?
There is an old adage that says there is a relationship between women’s fashion and the economy. Hemlines rise when the economy improves and they fall when the economy sinks. Host Mary Walden asks her husband, N.C. State University economist Mike Walden, three questions: Why would this occur? Is it true? And can she get some new clothes out of this?
Often during recessions, the government will cut taxes in hopes households will spend funds and revive the economy. But does this happen? N.C. State University economist Mike Walden weighs in with what research shows.
The state budget and how to balance it is the most pressing issue facing North Carolina’s elected officials, but some say we need to worry also about future budgets and preventing large budget deficits. This, says N.C. State University economist Mike Walden, is what TABOR is all about.
Consumer spending accounts for 70 percent of the U.S. economy. Are consumers doing their part to help the economy by spending? N.C. State University economist Mike Walden responds.
Some worry that the new money the Federal Reserve has created is beginning to show up in the form of higher prices for food, gas and commodities. N.C. State University economist Mike Walden explains how the Federal Reserve has created this money.
Looks like inflation is back. And except in a few areas, it’s not looking good, says N.C. State University economist Mike Walden.
The housing market has struggled for several years now, and N.C. State University economist Mike Walden says we may have reached a bottom.