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Economics

  • In an effort to boost sales, Chrysler announced an incentive to cap the price of gas at $2.99 a gallon for the next three years for consumers who buy or lease vehicles through June 2. The following Central Michigan University experts are available to comment on the possible success of the program based on consumer behavior, as well as how it might affect gas consumption. Read the Story

  • A recent surge in gas prices has prompted drivers throughout the country to wonder what the cause might be and how long we can expect this to last. CMU economist Philip Thompson says that it has a great deal to do with demand and supply in the oil market, along with the declining dollar in the U.S., and he doesn't see gas prices decreasing in the near future. Thompson is available to speak about this issue. Read the Story

  • Republican presidential hopeful Mitt Romney claims that Michigan is in a "one-state recession." Is this characterization accurate? Central Michigan University economist Jason Taylor is available to comment on this issue and what needs to be done to turn Michigan's economy around. Read the Story

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