Although many may not realize it, consumers have a lot of power in our economy. In many ways consumers are in the driver’s seat in their decisions about buying. Can consumer’s behavior really have an impact on the economy, for example, on gas prices? N.C. State University economist Mike Walden answers.
There’s an old saying in economics that inflation results from too much money chasing too few goods and services. With the Federal Reserve having printed almost $2.5 trillion of currency in the last three years, is this the reason we’re starting to see the inflation rate jump? N.C. State University economist Mike Walden says there’s been a lot of debate about this.
People are increasingly worried about inflation, but to know if inflation is a problem we have to be able to accurately measure it. N.C. State University economist Mike Walden explains various options.
We’re always looking for indicators of the economic future. One rather good indicator is called the Baltic Dry Index. N.C. State University economist Mike Walden explains what this simple index is.
Owning a home has long been a part of the American dream, but, of course, home buying has gone through a tremendous financial upheaval in recent years. As a result, are we seeing this part of the American dream change? N.C. State University economist Mike Walden responds.
We’ve had fairly good job reports in both the nation and North Carolina during the past couple of months. However, one big negative sticks out — the decline in public-sector jobs. N.C. State University economist Mike Walden explains what’s going on.
Gas prices have begun to fall. Why? N.C. State University economist Mike Walden explains.
Whenever a North Carolina budget is passed, it looks like a reduction in the state corporate income tax rate will be a part of it. Is the move to reduce this tax rate because we are far out of line with other states? N.C. State University economist Mike Walden responds.
A new report indicates that the income gap between the highest paid and the lowest paid workers has again increased. N.C. State University economist explains why and what it means.
“Actually … this was an international report and looked not
There are signs manufacturing is making a comeback. Employment is up, and many factories are running at full capacity. On top of this good news, says N.C. State University economist Mike Walden, U.S. manufacturing has set a new record.