Economic outlook brightens, focus on governance, TD Bank closing branches

An updated economic projection from the Congressional Budget Office takes a brighter view. The CBO is now projecting that the economy will bounce back strongly this year, as COVID-19 vaccines roll out and the impact from the last stimulus package takes hold. But even with this bounce back, the recovery in jobs is going to take longer. Rutgers University Professor James Hughes, dean emeritus of the Edward J. Bloustein School of Planning and Public Policy, believes New Jersey won’t regain all the jobs lost during the pandemic until 2022 to 2023.

NJSpotlight, February 1, 2021