Employment numbers worsen – Keep job you have or take first reasonable offer, economist says
New unemployment data for North Carolina and the US carry an underlying warning that tougher times are ahead for jobs.
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Dr. Mike Walden
New inflation data means interest rate hikes less likely, NC economist says
The Federal Reserve’s preferred inflation measure cooled last month, the latest sign that price pressures are waning in the face of high interest rates and moderating economic growth. And that’s good news, says N.C. State economist Dr. Mike Walden.
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Employment in NC drops for first time in ’23 – economy may be hitting a pause
For the first time this year, non-farm employment in North Carolina decreased, dropping by 7,700 compared to September, according to new data released Friday. What’s going on? Economist Dr. Mike Walden offers his analysis.
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Is Fed finished with raising interest rates? Are rate cuts ahead? NC economist says …
could there be some interest rate relief on the horizon? Has the Federal Reserve signaled it’s ready to stop increasing rates? And even better, is there a possibility that next year the Fed may begin lowering interest rates?
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Lack of inflation points to ‘soft landing’ for economy, NC State economist says
The Federal Reserve will like this report, and it will be another reason for them to not further raise interest rates. The report is also in line with an emerging “soft landing,” where the inflation rate is moderated without causing a recession.
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Jobs report points to ‘soft landing,’ not a recession says NC State economist
Sometimes, things have a way of evening out. While the September national job report was above expectations, the October report was below forecasts. What do the numbers mean?
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Economist: Latest NC employment news triggers warning signals
Overall, the September labor market report for North Carolina was positive, but there are some warning signals. So says N.C. State economist Dr. Mike Walden. What’s his analysis? Recession ahead?
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September inflation numbers: ‘Good, bad, and uncertain,’ says NC State eonomist
Fighting inflation without much progress: Compared to September 2022, the year-over-year inflation rate was 3.7%, a disappointing number since it was unchanged from the August 2022 to August 2023 rate, N.C. State economist Dr. Mike Walden tells WRAL TechWire.
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As governor heads to Japan to recruit jobs just how strong is NC’s manufacturing sector?
North Carolina Gov. Roy Cooper is traveling to Tokyo this week with state officials and economic development leaders to promote global investment in the Tar Heel state. And manufacturing jobs is likely a key item on his agenda. Manufacturing remains a vital part of the N.C. economy but will it remain so? N.C. State economist Dr. Mike Walden says …
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