Archive for the ‘Economic Perspective’ Category

Global re-balancing

In the discussion about where the world economy is headed, the term global re-balancing is often used. What does this mean? Does it suggest something is out of balance in world finances and, therefore, must be brought back in balance? N.C. State University economist Mike Walden responds.

Metro rankings

There are many rankings released every year for states and metropolitan areas on their economic performance, and one recently released ranking puts a couple of North Carolina metropolitan areas in a good light. N.C. State University economist Mike Walden explains.

New wealth effect estimates

We naturally focus on jobs and income as drivers of consumer spending, but for a long time economists have argued that a person’s wealth is also a determinant of spending. Do we know how this wealth effect has played out during the recent ups and downs of our economy? N.C. State University economist Mike Walden responds.

The economic pulse of North Carolina

Each month N.C. State University economist Mike Walden constructs a leading economic indicator index for North Carolina, and he’s a little bullish on the recently released January index.

Is the economy slipping again?

A recent government report showed the economy going in reverse at the end of last year. N.C. State University economist Mike Walden considers whether we are in danger of heading into another recession.

A more competitive U.S. workforce

Annual data show how American workers’ costs have changed compared to foreign workers. The newest report was recently released, and N.C. State University economist Mike Walden shares the highlights.

Consumption tax versus sales tax

In the discussion about tax reform in North Carolina, two terms – consumption tax and sales tax – are being mentioned. Are they the same? N.C. State University economist Mike Walden answers.

College grads lose less

The recession we’ve been through has been so long and so deep that it has touched virtually everyone. Yet the impact has not been felt equally. How has the recession’s impacts varied with a person’s education level? N.C. State University economist Mike Walden answers.

Job churning

If economic forecasters are correct, we will see over 2 million jobs created in the country this year. But, as N.C. State University economist Mike Walden explains, this doesn’t mean all existing jobs will stay in place and we will simply add 2 million to the total.

The cost of electronic medical records

A long-standing recommendation for improving our health-care system and reducing costs has been to computerize paper medical records. This could save money by reducing storage space and increase efficiency by facilitating the sharing of that information by health-care professionals. But is there any evidence such outcomes actually occur? N.C. State University economist Mike Walden answers.

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