Contributed by Dr. Thomas D. Simpson, Executive in Residence at the UNCW Cameron School of Business. Dr. Simpson joined the Department of Economics & Finance after his retirement from the Board of Governors of the Federal Reserve System in Washington, DC.
According to public opinion polls, after a forty-year hiatus, inflation has returned as the top concern facing our nation. The chart below shows the most widely known measure of inflation—the Consumer Price Index (CPI). The blue line shows headline CPI inflation, and the red line shows headline inflation after removing volatile food and energy prices—so-called core inflation. Headline inflation rose to 8.5 percent over the twelve months ending in March, the highest in forty years. Not surprisingly, this increase was paced by energy prices, as you observed from filling up your car. Even after removing food and energy prices, core prices rose 6.5 percent, also
Robert T. Burrus, Jr., Ph.D., is the dean of the Cameron School of Business at the University of North Carolina Wilmington, named in June 2015. Burrus joined the UNCW faculty in 1998. Prior to his current position, Burrus was interim dean, associate dean of undergraduate studies and the chair of the department of economics and finance. Burrus earned a Ph.D. and a master’s degree in economics from the University of Virginia and a bachelor’s degree in mathematical economics from Wake Forest University. The Cameron School of Business has approximately 90 full-time faculty members and 30 administrative and staff members. The AACSB-accredited business school currently enrolls approximately 2,600 undergraduate students in three degree programs and 750 graduate students in four degree programs. The school also houses the prestigious Cameron Executive Network, a group of more than 200 retired and practicing executives that provide one-on-one mentoring for Cameron students. To learn more ab
Robert Burrus , Cameron School of Business - UNC-Wilmington - WilmingtonBiz Insights Author wilmingtonbiz.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from wilmingtonbiz.com Daily Mail and Mail on Sunday newspapers.