Archive for the ‘Economic Perspective’ Category

Who has less debt?

The recession forced many households to cut down on their debt. N.C. State University economist Mike Walden considers how successful this effort has been and who has been most successful.

Do bans on texting while driving work?

Smartphones help us in many ways, but like many things, they also can be used in ways that can create problems. One of these ways is to text while driving. Many states, including North Carolina, now have bans on this activity. N.C. State University economist Mike Walden considers whether these bans have been successful.

Good news on pollution

Data show that since 2008 air pollution linked to carbon emissions has been on the decline and are now at 1995 levels. This is good news for concerns about global warming. What’s behind this trend? And will it continue? N.C. State University economist Mike Walden responds.

Explaining the housing bubble

The tremendous run-up in housing prices from 1997 to 2006, which ultimately led to the housing crash, has been blamed on many things: Lenders, rating agencies, insurers, government burocracy and cheap money providers have all had fingers pointed at them as causing the housing bubble. Do we know who is to blame? N.C. State University economist Mike Walden answers.

The return of wealth

Wealth took a beating during the recession. Both real-estate and stock wealth plunged. But, as N.C. State University economist Mike Walden explains, collectively, we have regained what was lost.

Should you worry about Cyprus?

The small Mediterranean country of Cyprus has been in the news recently – and not in a good way. The country has had a banking crisis, which caused the European Union to step in with a loan but also led to some stringent economic measures. Should those of us in the United States be concerned about their problems? N.C. State University economist Mike Walden responds.

Who pays the highest tax rates?

People recently completed their income taxes, and many probably wondered whether they pay more or less on a percentage basis than their neighbors. Do we have any data on who actually pays the highest rates? N.C. State University economist Mike Walden answers.

Gains in income

Income growth is one of the most watched economic statistics. N.C. State University economist Mike Walden explains what recently released income growth statistics for 2012 showed for North Carolina.

Fastest-growing jobs

Everyone wants to know where the new jobs will be in the future. Every couple of years, economists with the Federal Bureau of Labor Statistics try to answer that question with new forecasts of job growth. N.C. State University economist outlines what the bureau says will be the most rapidly increasing occupations.

The timing of economic statistics

It’s been said that during the entire decade of the 2000s, North Carolina did not create a single job. Is this accurate? Or is it a creative use of statistics? N.C. State University economist Mike Walden responds.

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