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...
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N.J.’s population center still tilts north. This town considers it a badge of honor.
The center of population shows where Americans are moving and migrating. As people move, the center of population shifts, James Hughes professor at Rutgers Bloustein School of Planning and Public Policy, which is neighboring New Brunswick. Hughes added that he’s not...
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 Talks About Inflation and Recession with Rhonda Schaffler on NJ Business Beat
Dean Emeritus James W. Hughes focuses on the positive aspects of the NJ economy right now, but predicts we will be moving into a recession in 2023.
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...
New Jersey Residents are Wondering: Should you Buy or Sell?
Dean Emeritus James W. Hughes breaks down the good and bad of the current economic conditions in the Garden State in this New Jersey 101.5 interview. “It’s still a cauldron of uncertainty, the indicators are not aligned with one another, in looking forward our crystal...
Watch Interview with Dean Emeritus James Hughes on the July Federal Jobs Report
NJ Spotlight News’ Rhonda Schaffler interviews Dean Emeritus James Hughes about the surprising federal jobs report for July 2022
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