North Carolina doesn’t yet have a state budget for 2011-12, but we do know one element that will likely be included: The governor and the House and Senate leaders are in favor of lowering the state’s corporate income tax rate. N.C. State University economist Mike Walden explains what this could do for the economy.
The terms price and cost are often used interchangeably in conversations about economics and business. But, as N.C. State University economist Mike Walden explains, they don’t really mean the same thing.
Economists say one way to look at the competitive strength of a country is to see what kinds of products that country sells to world buyers. When we do this for the United States, what does it tell us? N.C. State University economist Mike Walden responds.
The Federal Reserve recently released a quarterly report on household wealth. Is it improving? N.C. State University economist Mike Walden responds.
As with many things, the cost of flying is going up. Obviously it takes fuel to fly planes, so is it higher oil and jet fuel costs that are pushing up airline ticket prices? N.C. Cooperative Extension economist Mike Walden weighs in.
By some measures the economy is improving, but by others it is still struggling. Are we seeing a normal sequence of events after the terrible recession we’ve been through? N.C. State University economist Mike Walden responds.
A couple of years ago an economist wrote a book titled “The Black Swan,” which is about unpredictable events. He argued the severity of the recession was a black swan. Some could say the revolutions and turmoil today in the Middle East are also examples of a black swan. N.C. State University economist Mike Walden explains.
Technology, like most parts of our economy, took a hit during the recession. But N.C. State University economist Mike Walden says it’s made a comeback — big time.
We lost almost 8 million jobs in the country during the recession. To date we have regained less than 1.5 million jobs. At this rate it will be another three years before total national employment returns to pre-recessionary levels. Why is the job recovery taking so long? N.C. State University economist Mike Walden explains.
A recent report showed that, among all the University of North Carolina campuses in the state, only one — N.C. State University — has a majority of men. On the other campuses, there are now more female students than male students. And N.C. Cooperative Extension economist Mike Walden says the economic implications of this are huge.