Topic

forecast

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.

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.

R/ECON Forecast for November 2023 shows slow or stagnant growth for near future

R/ECON’s economic forecast for New Jersey as of November 2023 shows slow or stagnant growth over the next five to six quarters, with GDP recovering to a steady but tepid rate of increase in 2025. This largely mirrors the U.S. trajectory, though at lower growth levels than the national outlook.

Spring R/ECON forecast: New Jersey’s recovery still trails nation’s

While New Jersey is on pace to add 48,600 nonagricultural jobs in 2013, that figure is 0.1 percent lower than last year’s total (49,100) and helps to explain while the state’s recovery rate is slower than the nation’s. “Although our economy has improved the past two...

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