Although we have seen job creation in the past year, but if we want to get back to some sense of normalcy in the job market, what kind of job creation will the country have to undertake during the remainder of the decade? N.C. State University economist Mike Walden weighs in.
Although they perhaps aren’t as flashy as stocks, bonds are a very important key investment. A few weeks ago, a major fund investor controlling billions of dollars said he was selling all of his bonds because he thought interest rates were going to rise. N.C. State University economist Mike Walden considers whether the investor’s bet has paid off.
The economic numbers recently haven’t been good. Job growth has sputtered. Home prices are still falling. And consumers are feeling less confident. About the only good news is that gas prices have backed off some, although they’re still well above $3 a gallon. Some fear we could be headed into another recession. Listen to what N.C. State University economist Mike Walden has to say.
Financing the purchase of a home has become much more of a challenge today than it was 5 or 10 years ago. But one element of this process seems to be coming back around, and that’s the use of ARMs, or adjustable rate mortgages. Is this a good thing? N.C. State University economist Mike Walden responds.
No one’s happy about the slow rate of progress in the job market. Although jobs have been added and the unemployment rate has dropped in the last year, the numbers are still not back to where they were before the recession. Is this the worst jobs recovery in recent memory? N.C. State University economist Mike Walden answers.
In debates about the impact of the state budget, studies are often provided measuring the impact on jobs as a result of various policies. For example, one study might show how many jobs might be kept if spending in a particular program is maintained, while another might show job creation if certain taxes are reduced. N.C. Cooperative Extension economist Mike Walden discusses ways the average person can judge these various studies.
One of the most watched economic barometers is something called the gross domestic product — or the value of everything produced in an economy. We now have this measure for all states for 2010. N.C. State University economist Mike Walden explains what it shows for North Carolina.
When it comes to energy and especially oil, we’re in a world market. This means changes in purchases of oil by other countries can impact the price we pay. N.C. State University economist Mike Walden gives examples of how this global market has impacted all of us.
More people are going to car showrooms to shop for vehicles. For those shoppers who want a one-, two- or three-year-old car, the prices could be shocking, says N.C. Cooperative Extension economist Mike Walden.
Taxes are always a subject for lively discussion. Do we have new data that show how North Carolina stacks up compared to other states? N.C. State University economist Mike Walden responds.