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NJ Money Worries: What You Should Expect to Happen in 2023

With the start of the New Year right around the corner, a lot of New Jersey residents are wondering what’s in store for them economically in 2023. According to Rutgers University economist and Dean Emeritus James W. Hughes, the New Jersey economy will do OK at the...

Road-weary N.J. drivers have the 3rd longest commutes in the U.S.

New Jersey drivers know all too well the frustration of an unending stretch of stationary red taillights on what should be a 65 mph highway. From the Parkway to the Turnpike and all major highways in between, long commute times are a part of life in the most densely...

Inflation in NJ Still High but Slowing – What it Means for You

The Federal Reserve is expected to increase interest rates again Wednesday, which means the cost of borrowing money for home mortgages and credit cards is about to go even higher, but there is good news on the inflation front. According to Rutgers University economist...

Halloween Treats Win over Inflation

Nationwide, the price of candy was upabout 13% in September compared with a year earlier, according to figures from the federal Bureau of Labor Statistics. Datasembly, a research firm that tracks consumer prices, found one of the sharpest increases among...

Giant Warehouses are Coming to Jackson

The lack of available construction land around New Jersey ports and along the turnpike, a major north-south freeway, has fueled warehouse growth in the state’s suburban communities, adding Monmouth and Ocean counties, and along nearby connecting highways like...

Hughes Reflects on the 10-year Sandy Anniversary

"People were out of work, restaurant owners lost weeks of sales tax, tax revenues were ultimately changed, and we lost tourism for a long time," said Bloustein School Dean Emeritus James W. Hughes. Until a rebound would be made in the way of consumer spending, he...

NJ Leads in Work From Home Status, Hughes Explains Why

More than a fifth of New Jersey workers ages 16 and older work remotely. A confluence of factors is likely responsible for the broad uptake of telecommuting in New Jersey — even after pandemic shutdowns forced immediate changes to work in 2020 — though long commute...

Dean Emeritus James W. Hughes says NJ economy is a tightrope of sorts

New Jersey 101.5 wants to know "Summer is fading fast: Will NJ consumers keep spending?" Inflation and interest rates continue to rise and there is concern that NJ will head into a recession if the spending doesn't keep pace. But Hughes suggests, "The labor market...

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Stop by virtually on Mondays (except for holidays) beginning September 9th through December 16th between 11 am and 1 pm to ask a quick (15 min) career-related question of Bloustein […]

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Stop by virtually on Mondays (except for holidays) beginning September 9th through December 16th between 11 am and 1 pm to ask a quick (15 min) career-related question of Bloustein […]