We’ve all experienced a memorable situation in which someone verbally expressed their opinion of our performance, our actions, or plainly, us. The effect and ramifications are obviously still present when feedback is offered non-verbally, but that picture is painted with a little less color. Specifically in a professional capacity, or more specifically, in my own […]
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Growing up in Wausau most of my life, it took me moving to college to see the assets Wausau had. I enjoy being here and my family anchors me here, but I have seen new people move in and out of Wausau struggling to find their niche, connect with people and enjoy Wausau’s assets. Being […]
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Well, it’s everybody’s favorite time of the year – election time. The divisions in America have perhaps never been greater. This blog may not lessen those divisions, but the goal is simple – to help voters make an informed voting decision. Here’s hoping that everyone votes, and that every vote gets counted. This blog will […]
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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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The Financial Crisis The United States began 2009 with arguably the worst economic landscape since the Great Depression, an economic scenario that began to unfold in late 2007. A tanking stock market, falling housing prices, increasing unemployment, and an economic recession. The root cause of the crisis – the housing market. A collage of factors […]
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Overview First, a quick long-term overview on trends in U.S. international trade. Chart 1 below shows U.S. net exports from 1980-2019. Net exports are defined as the exports of U.S. goods and services to other countries minus the imports of goods and services from other countries to the U.S. In other words, it shows the […]
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We’ve all been there: you’re tasked with making a decision, regardless of how trivial it is, and you have to choose quickly. Instantaneously considering opportunity costs and the way that this next decision will affect future decisions, a “yes” or “no” must be offered (obviously not all decisions are as linear as yes or no […]
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