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Dr. DeLia Explores the Future of Health Economics

This blog article by Derek DeLia examines the growing political interest in “consumer-driven” healthcare, which proposes giving individuals more direct control over healthcare spending through tools like high-deductible plans and health savings accounts.

Report Release: R/ECON Forecast Winter 2026

Like the broader U.S., New Jersey is likely to finish the year with notably stronger GDP growth than forecast earlier, though growth is projected to decline to 0.8% in 2026, before rebounding modestly to 1% the following year. 

TECH UPDATES: Technology Policies for Your Community

The key is to stay informed and use technology to better serve your residents. Regular assessment of technology needs and impacts will help you develop policies that truly benefit your community.

Report Release: R/ECON Forecast Summer 2025

 R/ECON’s economic forecast for New Jersey as of mid-2025 continues to show a slowing trajectory. Annual GDP growth is projected at just 0.5% for 2025, significantly lower than prior forecasts and markedly below the national rate of 1.5%. The Garden State’s real estate market shows tentative signs of stabilization, though persistently elevated mortgage rates and high home prices continue to limit the strength of the rebound. Nationally, tariff increases are expected to put upward pressure on prices, with inflation projected to reach 3.7% in the second quarter of 2026. 

Tariff Uncertainty and its Impact on Economic Forecasting

R/ECON’s next economic forecast is slated for release in mid-summer, followed by another forecast in the fall. As we track the latest state data and national outlook, we have been closely following the news on tariffs, the Fed’s potential actions, and associated fluctuations in the financial markets.

JPMorgan to lay off 121 employees in Jersey City office

James Hughes, an economist at Rutgers University, told NorthJersey.com that white-collar jobs in banking and finance have become saturated after a two-year hiring spree that followed the COVID-19 pandemic.

Murphy set some key economic goals for NJ in 2018. How has he done?

The state and private investors are pouring $4 billion into the New Jersey Health + Life Science Exchange, or HELIX, in New Brunswick. “That really will be a statewide hub, not a local hub,” Hughes said. “Hopefully it will evolve into a national hub. It’s bringing together a lot of the players.”

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