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consumers

Dean Emeritus James W. Hughes says NJ economy is a tightrope of sorts

New Jersey 101.5 wants to know "Summer is fading fast: Will NJ consumers keep spending?" Inflation and interest rates continue to rise and there is concern that NJ will head into a recession if the spending doesn't keep pace. But Hughes suggests, "The labor market...

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

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...

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