The economic ups and downs of 2022 continued through spring 2023. Inflation remains relatively high, but decreasing, interest rates continue to climb, the labor market remains strong, and slowing economic growth fostered uncertainty regarding future growth. In addition, spring 2023 witnessed a major bank failure and continues to endure the unresolved debt ceiling saga. This […]
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Is it Spring yet? by Scott Wallace, Ph.D.Director and Editor, Center for Business and Economic Insight; Professor of EconomicsUW-Stevens Point School of Business and Economics Presentation Photos As I look out of the window on the last day of April, a wintry of mix of precipitation is falling over the Central Wisconsin countryside. This reminds […]
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It’s all about the numbers for 18-year-old Madison Ackley, who will break several records when she graduates from UW-Stevens Point May 20 with a degree in accounting. She will be the youngest graduate in 41 years, the second youngest overall, the youngest female and the youngest Native American to ever graduate from the university. Was […]
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Nearly 300 high school students from 30 school districts across the state explored future career opportunities in education at the 2023 Educators Rising Wisconsin Annual Summit and Competition Wednesday, March 1, hosted by the UW-Stevens Point School of Education. [View Photos] This year’s summit themed, “The Power of You,” was intended for students in grades […]
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Overview 2023 began with much speculation about the economy. Would there be a recession? Would economic growth continue leading to a soft landing? The Federal Reserve began raising interest rates in 2022 to reduce consumer and business spending to combat inflation. The Federal Reserve tries to accomplish this goal through targeting the “federal (fed) funds […]
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Recently there has been a lot of buzz about implementing a form of flat tax, a 30% national sales tax, to replace the current tax structure. This blog provides a simple (yet realistic) example to demonstrate the implications for taxpayers if the currently proposed federal national sales tax of 30% was implemented. Prior to the […]
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University of Wisconsin-Stevens Point senior business administration major and Wausau native Roy Thorson began 2023 with some significant news. He learned he had won the Tommy G. Thompson Leadership Scholarship, awarded to one student at each University of Wisconsin campus. In his application, Thorson highlighted his nearly two years as president of the Pointers Vote […]
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An Uncertain Year Ahead As we bid adieu to 2022, our thoughts turn to the upcoming year. We at the CBEI hope that the contents of this publication can help shed light on some of the challenges and opportunities for the uncertain year ahead. [Presentation Photos] In The U.S. Economy and Inflation in 2023, Chief […]
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The UW-Stevens Point School of Health Sciences and Wellness hosted the UWSP Foundation Board of Directors on Nov. 4 in the CPS Café. College of Professional Studies Dean Marty Loy welcomed the board and provided updates, followed by a presentation from Professor Corey Huck and our new Legacy Endowed Professor of Population Health Tami Swenson […]
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Is the U.S. heading into a recession? Historically, the yield curve has been a pretty good indicator of pending recessions. However, it is not foolproof, and cannot predict the duration and severity of recessions. The chart below shows the Treasury yield curve on September 8, 2022. The yield curve is a graphical representation of the […]
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