Economist James Hughes, dean of the Edward J. Bloustein School of Planning and Public Policy at Rutgers University, explained that New Jersey’s economy has struggled from a number of causes since the recession. “New Jersey got hit hard by the contraction in the financial sector — especially along the Hudson River Gold Coast,” said Hughes. “In terms of employment, that sector has been dead in the water.”
NJSPL: Electricity Bills and AI Data Centers
Considering the impact of AI on electricity bills, data centers in the Northeast could be part of the problem. Across the country, from Ohio to New Jersey, electricity prices are spiking [2, 3]. It’s a tangible financial pain, costing $122 more per month for the...