Posts tagged “Mike Walden”

Updated January 3

Premium Lock NC Economic Outlook: Are happy days here again?

Economy North Carolina will add 100,000 net jobs in 2017 and its aggregate growth will exceed national growth, reversing the post recession trend, says NC State University economist Dr. Mike Walden in his first quarter 2017 economic forecast. Jobless rates will fall to below 4 percent in Durham, Raleigh and Asheville, but remain above 6 percent in Goldsboro and Rocky Mount.

August 19, 2016

Premium Lock Guest opinion: Which economic plan will boost the economy?

Mike Walden Analysis: Now, just as in 1960 and almost every election since, today's presidential contest focuses on the economy. One of the big economic issues is relatively slow growth. Which candidate offers the best plan? Each of us has about two months to decide which best fits reality! Here's an overview of both plans.

July 8, 2016

Premium Lock Economist: North Carolina is 'ground zero' for economic changes

Mike Walden Analysis: The on-going transformation occurring in the economy is bringing more negative side effects to our state than to the nation. Stated another, North Carolina can be viewed as "ground zero" for the seismic shifts that are happening in the economy.

June 24, 2016

Premium Lock Mike Walden: How can we boost economic growth?

Mike Walden Analysis: There are two questions to address about the growth slump. The first is, what's causing it? The second is, what - if anything - can we do about it? As you will see, there's an abundance of both economic diagnoses and solutions.

Updated April 8, 2016

Premium Lock Mike Walden: What's all this trouble about with trade?

Mike Walden International trade is a big hot spot in the current U.S. presidential campaign for both parties. In a textbook world, international trade improves the economies of both countries and people. But, as even teachers know, the real world doesn't always follow the textbook. International trade has created winners and losers. The question is, can a system be created where everyone wins?

December 11, 2015

Premium Lock NCSU's Mike Walden: Should we modify or end the Fed?

Mike Walden The Federal Reserve is expected to raise interest rates in the near future and is in economic headlines almost daily. Dr. Michael Walden, economics professor at NCSU, takes a look at the Fed. Should it be modified or ended?

November 30, 2015

Premium Lock What the legendary Clayton Christensen gets wrong about Uber, Tesla and disruptive innovation

Vivek Wadhwa Analysis: Disruption is no longer a narrow field that can be handled by a new division or department of a company. It is happening wherever technology can be applied. Companies need all hands on board -- with all divisions working together to find ways to reinvent themselves and defend themselves from the onslaught of new competition. This is a company-wide effort which requires bold new thinking, writes technology author and tech entrepreneur Vivek Wadhwa.

October 29, 2015

Premium Lock NCSU Index of NC leading economic indicators declines again

Dr. Michael Walden The NCSU IIndex of North Carolina leading economic indicators, (the "Index"), a forecast of the economy's direction four to six months ahead, declined by 0.8% in September. This continued a downward trend in the Index, which has dropped in eight of the past twelve months. A similar national decline may be partly responsible.

Updated October 8, 2015

Premium Lock Can we resolve our NC tax issues?

Mike Walden Taxes are always part of discussions about government and public policy, and taxes were clearly a hot topic in the recent session of the North Carolina General Assembly. Debates occurred about taxing services, lowering income tax rates, implementing incentives for business and energy expenditures, and dividing public revenues between urban and rural counties. Legislation was passed for some of these items, but economist Mike Walden says there will be more discussion and debate in future sessions.

September 30, 2015

Premium Lock NC economic index declines, continuing mild downward trend

Mike Walden The North Carolina State Index, a forecast of the economy's direction four to six months ahead, declined by a modest 0.4% in August, continuing a downward trend that began in mid-2014. However, the reduction in the Index should be characterized as an "easing" rather than a "tumble", suggesting no near term threat of an recession.

Updated September 25, 2015

Premium Lock  You decide: Is another recession around the corner?

Mike Walden Much of the economic news has been rather gloomy recently. There have been wild swings in the stock market, with multi-hundred point losses on some days. The Chinese economy may be in free-fall, while Europe is dealing with thousands of refugees from the war-torn Middle East. Canada is officially in a recession. And although jobs are being created, more than 10 percent of individuals in the labor force either don't have a job, have given up looking for a job or are working part-time because they can't find full-time work. Does this mean another recession?

July 7, 2015

Premium Lock Is North Carolina's rebound stumbling?

Mike Walden Some troubling news about North Carolina's economy made the headlines recently. Numbers for an economic concept called gross domestic product", or GDP, were released for 2014. While North Carolina's GDP increased in 2014, it rose much less than in the nation. The comparison was a 1.4 percent gain for the state versus a 2.2 percent improvement for the nation. Does this mean it's time to worry about the state's economic rebound?

May 28, 2015

Premium Lock NC economy rebounds in April

Economy The North Carolina economy rebounded in April, ending a recent skid, according to the North Carolina State University Index of Leading Economic Indicators compiled by NCSU economist Dr. Michael Walden.

January 30, 2015

Premium Lock You Decide: What are the impacts of tax changes?

Mike Walden Mike Walden: Research suggests innovation increases when the economy is confronted with major questions. If accurate, then we may be on the cusp of a new flurry of innovative activity.

November 10, 2014

Premium Lock #WTWTrends for Monday: Obama on net neutrality, Arcametrics, IBM, farming and #ISUM14 Trending in the Triangle

Trending in the Triangle Trending in the Triangle: Get the pulse of technology in the Triangle with the best in local technology, venture, biotech, and life science news on Monday, Nov. 10, 2014 as curated by @WRALTechWire.

November 10, 2014

Premium Lock Farming, manufacturing remain essential to NC's economy

Mike Walden Only 11 percent of workers in North Carolina now leave home for the factory. And just 1 percent of workers now say farming is their primary occupation. Does this mean we no longer raise crops and livestock or manufacture products? Absolutely not: Farming and manufacturing are still very important to the North Carolina economy.

October 10, 2014

Premium Lock Should NC go after new auto plant? Incentives are at core of debate

Tax incentives Analysis: Given the economic benefits a new auto plant would bring, it seems like courting one for North Carolina is a "no-brainer." So what's the issue? The issue is the "I" word - incentives. In today's competitive economic environment, it is unlikely an auto factory will come to a state without being provided incentives.

June 23, 2014

Premium Lock You Decide: Is small the new big?

Mike Walden Dr. Michael Walden of N.C. State University says a common plot in many popular novels and movies is the "little guy" triumphing over adversity. You decide if this is becoming more of a reality in today's world.

Updated June 9, 2014

Premium Lock You Decide: Can gray become green in rural areas?

Mike Walden Dr. Michael Walden: Retired people are on the move. They're going to resorts, towns and cities where their children and grandchildren live, or simply to locations with a lower cost of living. And they're not just visiting - they're staying.

May 26, 2014

Premium Lock Which economic future will prevail? Taking shots in the dark

Economy  v It's a tall order to say anything definitive about the economy that far away. So many things can, and will, happen that are on nobody's radar screen. Making predictions for 2040, 2050 or 2060 really are "shots in the dark." There are largely two camps - optimistic and pessimistic. Here's a look from an economist's point of view.

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