Although a variety of factors influence the movement of interest rates, the Federal Reserve strongly influences the movement of interest rates through its policies. Through its “Open Market Operations” (the purchase and sale of Treasury securities), the Federal Reserve primarily controls the money supply in the U.S. The amount of money circulating in the economy […]
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It’s hard to believe it’s been over a year since I sat in my first MBA course at UW-Stevens Point. There I sat wide-eyed and ready to soak up whatever information I could possibly take in from the dozens of strangers sharing a room with me; strangers I now call colleagues, mentors and friends. Although […]
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The Financial Crisis The graph below shows the U.S. unemployment rate over the period 2001–2010. After reaching a peak unemployment rate of 6.3% in June 2003 during the recession following the turn of the century, the unemployment rate began a gradual decline and bottomed out at 4.4% in late 2006 and early 2007. Over a […]
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A substantial gift from a couple with careers as executives in professional sports and arena management will help support University of Wisconsin-Stevens Point Athletics through five graduate assistantships. Dan Hauser, a 1977 alumnus in business education, and his wife, Marilyn, will fund five graduate assistant positions in Pointers Athletics for two years each. The positions […]
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First a little background on measuring economic growth. The Bureau of Economic Analysis (BEA) compiles and publishes Gross Domestic Product (GDP) statistics, which measures the U.S. output of goods and services and is the benchmark for measuring economic growth. Quarterly GDP growth is usually expressed as a percentage that represents the rate at which U.S. economic output […]
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