King Banaian

Shopping Malls have undergone some challenges and changes recently. St. Cloud State Economist King Banaian joined me on WJON. He says the malls of the 70s and 80s often included movie theaters, restaurants and shops. People would make a day of their experience.

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.

Gas prices have been on the rise recently but St. Cloud State Economist King Banaian doesn't think that will continue. He joined me on WJON today. He says the reason for the rise in gas prices has to do with an electrical situation that happened at a plant in Indiana which took the biggest supplier of gas in the Midwest offline.

Gas prices have been on the steady decline for the past few months. St. Cloud State Economist King Banaian joined me on WJON. He explained United States production of oil has reached an all time high surpassing the highs established pre-pandemic.

Gas prices have mostly stabilized locally for the past couple of weeks. St. Cloud State Economist and Dean, School of Public Affairs King Banaian joined me on WJON today. He says October is the month where we typically see the cheapest gas prices.

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 Dean, School of Public Affairs and Economics Professor King Banaian joined me on WJON today. He expects gas prices to remain fairly steady until Labor Day where he expects a slight increase. Banaian says demand is expected to be reduced after Labor Day which will lead to a slight drop in gas prices.