NJ economic outlook – Will prices keep spiking?

June 1, 2022

As we head into the second half of 2022, what is the economic outlook for New Jersey?

The state’s top economist said a number of variables are pulling us in many directions.

Rutgers University economist James Hughes said inflation is embedded for the time being, with energy and food prices still rising so don’t count on any sudden relief on the horizon.

“But there are some positives. Firms are still hiring. We’ve had strong job growth. We still have record numbers or close to record numbers of unfilled job openings,” Hughes said.

NJ1015.com, May 31, 2022

Recent Posts

Planning Alumni Take Part in Landmark Greenway Project

Julia Wong (MCRP '19) pictured here with Governor Murphy and other stakeholders, broke ground on Phase 1 of the new Greenway in Newark, NJ. On a LinkedIn post, Wong wrote, "Thrilled to have broken ground on Phase 1 of the Greenway - New Jersey’s newest state park! 🌳...

NJSPL: Declining STEM Expertise in U.S. State Legislatures

2025 by the Numbers: A Decline in Science, Engineering, and Healthcare Expertise in U.S. State Legislatures New Jersey State Policy Lab The Scientists in State Politics Database is a detailed, publicly accessible inventory of state legislators across the United States...

Dan Kennedy (MCRP ’07): CRE Roadmap for Next Governor

As New Jersey prepares to elect its next governor, NAIOP NJ, the commercial real estate development association, has published a comprehensive roadmap for economic revitalization and sustainable development for the consideration of both candidates for governor. As a...

“Work Trends RU” Podcast with WorkingNation’s Jane Oates

This week's guest on the Heldrich Center's Work Trends RU podcast is Jane Oates, Senior Policy Advisor at WorkingNation. She and Dr. Carl Van Horn discuss WorkingNation’s mission, objectives, and accomplishments; the power of digital storytelling; the challenges of...

Zhang et al. Study Street-View Greenspace and Exercise

GPS-based street-view greenspace exposure and wearable assessed physical activity in a prospective cohort of US women Abstract Background Increasing evidence positively links greenspace and physical activity (PA). However, most studies use measures of greenspace, such...