Posts tagged “Mike Walden”

Updated September 2, 2010

Premium Lock Economy is down-shifting – We’re growing, but at a puny rate

Puny growth Tough times: Unfortunately, there's no "easy button" to push to magically create jobs and income. The good news is that consumers are doing what they need to do - working off excesses they built up in earlier years. The bad news is, this takes time.

July 28, 2010

Premium Lock Is U.S. still competitive? The answer is a resounding ‘Yes!’

Global trade Analysis from NCSU Economist Michael Walden: Based on the World Economic Forum Global Competitiveness Index, where does the U.S. rank in the latest reading for 2010? The answer is number two out of 133 countries. Only Switzerland ranked higher. The U.S. actually ranked number one in 2008 and 2009 and only missed the top spot this year due to the depth of the recession.

Updated July 19, 2010

Premium Lock State of N.C.’s economy: Slow growth is better than no growth

Economic growth remains slow Analysis from NCSU Economist Michael Walden: The strong growth of the past six months has been fueled by businesses restocking their inventories and consumers opening up their wallets after two years of pinching pennies. Now, however, the inventory replenishment is almost complete, and consumers have returned to facing the reality of the high debts they continue to carry.

July 8, 2010

Premium Lock As recession lingers, capitalism itself is under attack

Economy  v Analysis from NCSU Economist Michael Walden: Many economic historians have argued that capitalism has brought more prosperity to more people than any other economic system developed. But the economic events of the last two years have called the system into question. Each person will have to decide the degree to which capitalism is at fault.

Updated July 1, 2010

Premium Lock Recession is over, but a ‘slow, agonizing’ recovery is at hand

Economy Economic analysis from NCSU's Michael Walden: While N.C.’s economy is no longer receding, current levels of the major indicators are still well below pre-recessionary levels. The economic recovery will likely proceed at a slow, agonizing pace, in large part due to the debt reduction households need to rebalance their financial sheets after their significant loss of wealth.

June 26, 2010

Premium Lock Checking the worry meter: Economic forecast is partly cloudy

State of the economy   Analysis from NCSU’s Mike Walden: Borrowing from my meteorological friends, I would call our economic future partly cloudy with the possibility of sunshine if the correct conditions prevail. You - and time - will decide the accuracy of this forecast.

May 31, 2010

Premium Lock What’s the future look like for college graduates? Be excited

Mike Walden Analysis from NCSU’s Mike Walden: There's no question our economy faces challenges, and in many ways it's harder to work and succeed today than in previous decades. But there is an upside. In the past, recovery has often been associated with major inventions, new industries and unpredictable opportunities. Many futurists think we're on the cusp of another such economic rebirth.

May 2, 2010

Premium Lock Recession is over – From economists’ point of view

Analysis from NCSU’s Mike Walden: Based on the technical, economic definition of a recession, it could very well be a thing of the past. The problem is there's a difference between how an economist defines a recession and how a recession is considered among the general public.

Recession really over? Recession really over?

April 13, 2010

Premium Lock Is the North Carolina job market turning around?

Mike Walden, NCSU economist Is there some evidence the North Carolina job market is beginning to improve? And perhaps even more fundamentally, how will we know when improvement does occur?

March 29, 2010

Premium Lock Care vs. costs: What a dilemma we face in health care

Healthcare    Analysis: We want people to have access to the best possible health care. However, we also want to shield people from the cost of this health care. Furthermore, as medical science advances and health care professionals can do more for more people, the cost of our health care rises.

March 16, 2010

Premium Lock Rebuilding your wealth – Evaluating safety vs. risk

How do you rebuild your wealth? Analysis: With the economy still fragile and investment markets uncertain, where should investors consider putting their money? What are the pros and cons of moving investments away from safety? There are few easy answers.

February 26, 2010

Premium Lock Creating jobs is the top priority, but there is no silver bullet solution

 Analysis: The policy options for boosting jobs couldn't be wider - from the government doing a lot more to the government doing a lot less. But one conclusion is certain: there is no easy plan, no silver bullet, for getting us back to job growth.

February 17, 2010

Premium Lock Looking for a job? Don’t expect a strong market any time soon

Consumer spending - or the lack thereof - is slowing recovery Analysis: Spending by consumers still accounts for the majority of economic activity. And consumer spending is sluggish because people are spending less and saving more in order to reduce debt. That means the economy will also be sluggish. A sluggish economy means jobs - even when they start to come back - will return very slowly.

February 6, 2010

Premium Lock Economy perplexing you? Four indicators help make sense of what’s happening

Economy is hard to track Analysis: Economists think the economy is finally turning for the better. But they can be wrong. Therefore, it's important for individuals to try to track the economy themselves. NCSU economist Mike Walden spells out indicators to track.

January 25, 2010

Premium Lock Another economic challenge - Will deficits lead to inflation?

Inflation next challenge? Analysis: As one problem passes, others emerge. With the problem of the deep recession beginning to fade, the potential for higher inflation looms.

December 31, 2009

Premium Lock Economy 2010: Where will the jobs be?

Where will jobs be in 2010? Analysis: New data from the Department of Labor offers some insight into where job growth will occur in the coming years.

December 18, 2009

Premium Lock Innovation: That’s America’s economic ace in the hole for jobs

Dr. Michael Walden Analysis: While many people believe the outlook for jobs in the U.S. is gloomy, three factors indicate otherwise. One is the innovation in the U.S. private sector. Others: Overseas wage advantages will begin to lessen, plus being physically close to customers has its advantages.

December 3, 2009

Premium Lock Is tax reform in North Carolina’s future?

Mike Walden Analysis: It's said that changing the tax structure is extreme political heavy lifting. Should we - and will we - muscle our way to a new way of deriving public revenues for our state?

November 16, 2009

Premium Lock Forecast: N.C. economy will begin growing again in '10

Dr. Michael Walden Opinion: NCSU economist Mike Walden says the state's economy will grow again in 2010 and 2011. Unemployment will come down in metro areas, but not everywhere.

Updated October 12, 2009

Premium Lock Two recessions – production and jobs – are hammering economy. Are they over?

Dr. Michael Walden Analysis: Federal Reserve chairman says recession is ‘technically’ over, but NCSU economist Dr. Michael Walden says while production may be improving the employment sector of the economy is not.

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