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Navigating New Jersey’s Economic Outlook

In our first episode of EJB Talks for 2025, Stuart Shapiro and Will Irving discuss Will’s current role with the Rutgers Economic Advisory Service (R/ECON) as well as the latest economic forecast for New Jersey, which predicts a sharper economic slowdown compared to the national trend.

Report Release: R/ECON Forecast Winter 2025

R/ECON’s economic forecast for New Jersey as 2024 drew to a close once again shows a slowing trajectory, with annual gross domestic product (GDP) growth in 2025 projected to slow more sharply than in the prior forecast.

Report Release: R/ECON Forecast Summer 2024

R/ECON’s economic forecast for New Jersey as of June 2024 continues to show a slowing trajectory, though the decline in annual GDP growth is not as pronounced as in the prior forecast.

R/ECON Forecast for November 2023 shows slow or stagnant growth for near future

R/ECON’s economic forecast for New Jersey as of November 2023 shows slow or stagnant growth over the next five to six quarters, with GDP recovering to a steady but tepid rate of increase in 2025. This largely mirrors the U.S. trajectory, though at lower growth levels than the national outlook.

New Jersey wineries battle rising cost of packaging, shipping wine

Wineries are being hit hard by the high cost of supplies, and they are also facing supply shortages. While there isn't a wine shortage, the cost to package and ship bottles of wine has gone up, according to some employees at wineries in New Jersey. *********** A local...

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