Topic

economy

Report Release: R/ECON Forecast Winter 2025

R/ECON’s economic forecast for New Jersey as 2024 drew to a close once again shows a slowing trajectory, with annual gross domestic product (GDP) growth in 2025 projected to slow more sharply than in the prior forecast.

New Jersey commuters face higher transportation costs in 2025

Rutgers University economist James Hughes, dean emeritus of the Edward J. Bloustein School of Planning and Public Policy, said over the past two years, lower-income residents were saved from rate hikes because federal rescue funds allowed NJ Transit to operate without fare increases during the height of the pandemic.

Unilever to move headquarters out of Englewood Cliffs next year

Suburban office campuses more broadly have switched to urban corporate centers in places like Manhattan, Jersey City and Hoboken, a reversal of the trend seen in the 1980s, said James Hughes, dean emeritus of the Edward J. Bloustein School of Planning and Public Policy at Rutgers University.

Do you have one of the most common jobs in New Jersey?

As the baby boomer population ages out and becomes and becomes one of the health care and nursing sector’s biggest group of consumers, nursing and healthcare jobs will continue to increase according to James Hughes.

What Biden’s “Rent Cap” Is, and Isn’t

​“We have policies in place that have helped build the middle class through federal support for housing,” Paul says. ​“However, that federal support for housing is really only applied to the segment of Americans that can afford to own a house.”

Report Release: R/ECON Forecast Summer 2024

R/ECON’s economic forecast for New Jersey as of June 2024 continues to show a slowing trajectory, though the decline in annual GDP growth is not as pronounced as in the prior forecast.

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