Economist Mike Walden: Will higher gas prices derail the economy?
Story Date: 7/5/2018

 

Source: Dr. Mike Walden, NCSU COLLEGE OF AG & LIFE SCIENCES, 7/4/18

This is Mary Walden with economist MW, welcoming you to the economic perspective.   Today’s program asks if higher gas prices will derail the economy.  Mike, every time gas prices jump, there’s a concern it will cause the economy to slow down – and perhaps even go into a recession.  Given the recent rise in gas prices this year, is there the same worry about the broader impact on the economy?

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