China is a fast-growing country. With this growth comes an enormous opportunity for selling to Chinese consumers, even for companies here in the United States. What will companies need to know about Chinese buyers to be successful? N.C. State University economist Mike Walden responds.
We’re constantly hearing the advice given to high school students for them to plan to go on to college. And, as N.C. State University economists explains, they have been taking that advice.
Electronic devices have expanded tremendously in recent years, with cell phones, pagers and mobile broadcasters leading the growth. But this growth is creating crowded airwaves, says N.C. State University economist Mike Walden.
Not all adults want to work. For example, millions of adults who are retired, engaged in child rearing at home, or in school are not classified as being in the labor force. But, as N.C. State University economist Mike Walden explains, there have been significant changes in recent decades when it comes to who wants to work.
Two of the most direct ways we see the impact of technology are in how we communicate and how we receive entertainment. N.C. State University economist Mike Walden provides some statistics that illustrate this point.
Corn used to be used for food for animals and people. But in the last decade, a new use – corn as fuel, in the form of ethanol – has developed. And this new use has made a big change in the corn market, says N.C. State University economist Mike Walden.
Economists are constantly adjusting their forecasts for economic growth. Usually the changes appear to be relatively small – say, from 3 percent annual growth to 2 percent annual growth. But such small percentages can make big differences in the economy, says N.C. State University’s Mike Walden.
The big national economic story is about the deficit and the debt. But the terms can be confusing, so N.C. State University economist highlights some of the differences.
In discussions about reducing the federal government deficit, the term tax loopholes was used frequently. Tax loopholes sound like tax benefits that people or businesses shouldn’t receive. But, as N.C. State University economist Mike Walden explains, this isn’t correct.
In North Carolina’s latest state budget, there were some tax reductions but also some fee increases. As N.C. State University economist Mike Walden explains, taxes and fees aren’t the same, but, bottom line, they both mean the government is getting money from the people it serves.