Expect telecommuting and surge of millennials forming families to push housing demands in NJ, especially in “good” school districts. Lahr notes a widening gap between housing starts and completions–due to supply chain challenges–and considers pandemic impacts on low-income households.
Topic
Posts
Which sector is leading New Jersey’s pandemic recovery?
For the past ten months, New Jersey’s employment numbers have been growing steadily.
Philadelphia’s soda tax added jobs thanks to increased funding for child care, a new study says
The Rutgers study took a macroeconomic approach in an attempt to look at the ripple effects of the tax, and not just its impact on directly affected industries. Michael L. Lahr, a public policy professor at Rutgers and the study’s primary author, said he expected to...
Philadelphia’s Pre-K program, funded by Beverage Tax, helps the city’s children, families, and economy
The release of the study comes in the context of a larger national debate about increasing public funding for child care and pre-K programs.
New R/ECON report: NJ gets about 75 cents on each dollar that it sends to Washington
This is substantially less than reported in the Rockefeller Report, but is consistent with other reports in that New Jersey remains among the top ranked states in getting less than they send to Washington, D.C.
NJ economy is recovering from COVID, but don’t hold your breath
A new report finds it will take years for the New Jersey economy to recover from the COVID-19 pandemic. But a complete job-loss rebound could take decades. According to Michael Lahr, a professor of planning and public policy and director of the Rutgers...
R/ECON conference to discuss NJ's legacy a decade after the start of the Great Recession, Jan. 10
New Jersey has been fundamentally transformed during the long recovery from the Great Recession. What impact does this have on the state’s future economic prospects? On Wednesday, January 10, 2018, the R/ECON semiannual subscriber conference, "New Jersey’s Legacy a...
Implications of 2016 election, NJ's new state tax policies to be discussed at R/ECON event, Nov. 18
The Rutgers Economic Advisory Service’s (R/ECON) semiannual conference and forecast, “Surveying the Post-Election Landscape: What’s Ahead for the National Economy” will be held on Friday, November 18 from 10:00 a.m.-12:00 noon at the Bloustein School's Governor James...
R/ECON: NJ economy finally in gear, state adds almost 56,000 jobs in 2015
New Jersey added 55,700 jobs last year – the vast majority in the private sector – and now has recovered 91 percent of the more than a quarter-million jobs lost during the Great Recession of January 2008 to September 2010. “This was the state’s best performance since...
R/ECON: NJ's economy will continue to lag the nation's through 2025 while undergoing structural changes
Though New Jersey’s economy is performing better than in 2014, it will continue to grow more slowly than the nation’s through 2025 before keeping pace with the national rate over the next 20 years, said Nancy Mantell, director of the Rutgers Economic Advisory Service,...
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