Regional Economies and Outlook
New Southeast Outlook and Situation
Read Blake Brown's analysis on the economic state of animal agriculture, crops, and government programs in our region.
Positive side to economic turmoil? Lower interest rates
“Yes, mortgage rates should trend lower,” says Walden when asked about the impact of declining prices for government bonds amidst the trade war and currency dispute with China.
Recession more likely if trade, currency wars continue, warns NCSU economist
Check out Mike Walden's interview on the trade war and its potential implications on recession.
State jobless rate remains unchanged at 4.1% in June
Walden: The state continues to add jobs, but two headwinds are at play — sluggishness of economic activity in the hurricane-impacted areas, and slowdowns in manufacturing and farming — partly due to the tariff skirmishes.
IBM-Red Hat might not mean big number of layoffs
Walden: The two firms have already had a partnership, so they have been working together. Also, the merger announcement indicated Red Hat would remain a distinct unit, and its independence would be preserved
What do we do about the economy? Here are 3 choices
Is there a way to manage the economy and make it less turbulent?
Mike Walden: Are ominous signs of a major economic downturn staring us in the face?
Some economists see indicators of an upcoming recession. Walden explains why this may, or may not, be the case.
Walden: Now is the Time to ask for a Raise
A long, slow growth of the economy is worrisome for those who wonder when it will end. Until then, NC State economist Mike Walden says, workers have the upper hand in a tight labor market.
Federal lawmakers propose increasing tobacco purchasing age from 18 to 21
Walden noted about 10,000 people across the state are employed in the industry, a number that has decreased as more manufacturers rely on automation.
NC State Class of 2019 graduates into strong job market
"If young people are staying in this area – the Research Triangle area of North Carolina – even better," Walden said. "We have a lower unemployment rate, we have a faster growing economy. A lot of people say we are the 'it' economy. This is the place to be."