While the migration of retired households can be interesting as a social and demographic phenomenon, there also can be important economic implications: Attracting retired households can be a form of economic development.
It’s popular to say we live in a fast-paced, highly connected, ever-shifting world. But a strong case can be made for that world actually occurring 90 years ago.
The optimistic and pessimistic views of our long-term economic future couldn’t be more different. Perhaps rather being one or the other, the future might be a combination of the two.
Dr. Mike Walden shares and analyzes some of the key insights about our economy from the 2012 Economic Census.
There’s controversy in the cable industry, and it has to do with company size, market power and the level of competition. Recently, the largest cable consolidation ever was announced. Will the company be too big?
Innovations are important to our personal well-being for two reasons. First, they allow us to do things we could never do before, like traveling faster, beating disease and illness, and talking to someone across the country or around the world. But perhaps more fundamentally, innovations allow us to do more with less.
Extension Economist Mike Walden discusses the process and pitfalls of trying to calculate the nation’s inflation rate.
Economist Mike Walden says there is good news and bad news about the North Carolina job market. More jobs have been created in recent years, but there are still thousands of North Carolinians who don’t have jobs and want to work.
Like most people, my grandparents struggled during the Great Depression of the 1930s. My maternal grandfather lost his life’s savings in a failed bank. Because he was a widower, his extended family wanted to take his children – including my mother – and raise them. He refused. My paternal grandfather constantly moved between part-time jobs, all the while trying to keep his small farm afloat.
N.C. State University economist Dr. Mike Walden explains the different surveys measuring employment rates.