Is the economic outlook for New Jersey as bad as we think?

July 22, 2022

What’s in store for the New Jersey economy for the rest of this year?

It turns out nobody is quite sure because right now there’s a hodgepodge of different economic signals.

Rutgers University economist James Hughes said as is often the case, “we have really conflicting indicators, where some are improving, some are still deteriorating.”

While prices for many products continue to push higher, retail sales actually rose 1% last month, which indicates consumers are still spending money., July 21, 2022

Recent Posts

NJSPL – New Jersey Employment Concerns Revisited

As 2024 began with yet another surprisingly strong jobs report for the U.S. (353,000 jobs added in January and the unemployment rate steady at 3.7%), and with a full year’s worth of 2023 state-level employment data now available, it’s worth briefly revisiting some of...

New Research: The Traffic Calming Effect of Delineated Bicycle Lanes

Abstract We analyze the effect of a bicycle lane on traffic speeds. Computer vision techniques are used to detect and classify the speed and trajectory of over 9,000 motor-vehicles at an intersection that was part of a pilot demonstration in which a bicycle lane was...

Upcoming Events