SCSU Economist

Americans are incurring more debt. St. Cloud State Economist King Banaian explained on WJON Monday that debts levels are returning to 2019 levels. He says the pandemic of 2020 influenced many people's spending.

Many economists including St. Cloud State's King Banaian believe a recession will happen early in 2023. Banaian is the Dean, School of Public Affairs and Economics Professor at SCSU. He indicates we may already be in a recession but if we aren't we will be soon.

The housing market has been a sellers market for more than a year. St. Cloud State Economist and Dean, School of Public Affairs King Banaian joined me on WJON this week. He says housing prices remain high locally and it continues to be a seller's market.

Gas prices have been on the rise lately and St. Cloud State Economist King Banaian joined me on WJON today. He expects gas prices to hit $3.20 a gallon by Labor Day before dropping this fall. Banaian says the demand for travel won't likely subside until after Labor Day which will force this uptick in prices.

St. Cloud State Economist King Banaian was my guest on WJON today. He suggested that the $1.96 gas price that we are currently seeing in St. Cloud will likely rise soon. He expects the price per gallon to move up approximately 20 to 30 cents before spring.

St. Cloud State Economist and Dean, School of Public Affairs King Banaian and I talked today about gas prices, the local retail and restaurant climate and how Costco could effect the St. Cloud community.

St. Cloud State Dean, School of Public Affairs and Economics Professor King Banaian joined me on WJON today. He talked about how Kwik Trip may impact the gas prices in the St. Cloud area.