Dean Emeritus James W. Hughes focuses on the positive aspects of the NJ economy right now, but predicts we will be moving into a recession in 2023.
Topic
James W. Hughes
Hughes Reflects on the 10-year Sandy Anniversary
"People were out of work, restaurant owners lost weeks of sales tax, tax revenues were ultimately changed, and we lost tourism for a long time," said Bloustein School Dean Emeritus James W. Hughes. Until a rebound would be made in the way of consumer spending, he...
NJ Leads in Work From Home Status, Hughes Explains Why
More than a fifth of New Jersey workers ages 16 and older work remotely. A confluence of factors is likely responsible for the broad uptake of telecommuting in New Jersey — even after pandemic shutdowns forced immediate changes to work in 2020 — though long commute...
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...
New Jersey Residents are Wondering: Should you Buy or Sell?
Dean Emeritus James W. Hughes breaks down the good and bad of the current economic conditions in the Garden State in this New Jersey 101.5 interview. “It’s still a cauldron of uncertainty, the indicators are not aligned with one another, in looking forward our crystal...
Watch Interview with Dean Emeritus James Hughes on the July Federal Jobs Report
NJ Spotlight News’ Rhonda Schaffler interviews Dean Emeritus James Hughes about the surprising federal jobs report for July 2022
Ocean county no longer among the oldest in NJ
New affordable housing in Ocean county is attracting a younger crowd. More retirees are electing to stay in their homes rather than move to the 55+ communities that drove up the median age in the southern part of the state. Dean Emeritus James W. Hughes discusses the...
How strong is the US economy? Depends on which party you ask
The jobless rate is at a record low of 3.6%, but consumer prices are up 9.1% as of June 2022. Are we officially in a recession? That depends on who you ask. “It suggests, overall, the economy is weakening, it’s certainly losing steam, where there are storm clouds not...
N.J. is increasing diversity.
New Jersey is one of the most diverse states in the nation, and year after year it has only gotten more so. “The suburbs are far more diverse today than they were 25 years ago,” said James Hughes, a professor and a former dean of Rutgers’ Edward J. Bloustein School of...
Hughes Speaks to the State of the U.S. Economy, Influence on Voters’ Sentiments
Economic sentiment plays a pivotal role in how Americans make their electoral choices and is one of many factors that could influence how voters cast their ballots in the 2022 midterm elections. On July 15, the U.S. Department of State's Foreign Press Center hosted a...
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