King Banaian

Gas prices are on the rise again despite what is normally a time of year when gas prices drop. St. Cloud State University Economics professor King Banaian joined me on WJON today. He says two things have been influencing the increase in prices.

Inflation over the past few months has become a bigger factor in the United States and here in Minnesota. St. Cloud State Economist, Dean School of Public Affairs, King Banaian joined me on WJON this week.

A worker shortage, COVID-19 pandemic and a shortage of many products has triggered inflation in many different areas in our economy. St. Cloud State Economist and Dean, School of Public Affairs, King Banaian joined me on WJON today. He says inflation is sticking around for the foreseeable future and will impact many Central Minnesotans.

Hurricane Ida and the increased demand on gas pushed gas prices up locally in the past week. St. Cloud State Economist and Dean, School of Public Affairs, King Banaian joined me on WJON today. He expects gas prices to drop slightly after Labor Day weekend and continue to fall through October.

St. Cloud State Economist, Dean School of Public Affairs, King Banaian joined me on WJON today. King says the $600 extra unemployment dollars many have received over the last few months ended July 31. Democrats and Republicans have been debating extending the extra unemployment dollars with the democrats wanting the dollar amount to stay at $600 while republicans preferring $200.