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Michael Lahr

Flat, falling soda tax revenues have both positive and negative impact

In large cities like Philadelphia, soda tax revenues may stabilize over time and serve as consistent funding sources, as residents who continue to buy soda are unlikely to leave the city limits to stock up, said Michael Lahr, co-author of the 2021 Rutgers University study.

Republicans are likely to seize control of at least the House

One factor that could hamper the political relevance of economic issues, such as inflation, is that voters might not have high expectations of their elected officials to actually address them, regardless of their party.  "While the economy is on everyone's radar and...

How Will the Economy Affect the Midterm Elections?

Prof. Michael L. Lahr, Director, Rutgers Economic Advisory Service (R/ECON™), was quoted on the upcoming elections. "While the economy is on everyone's radar and will undoubtedly be a reason folks vote for one candidate or another, no candidate (not even the...

How Will the Economy Affect the Midterm Elections?

Prof. Michael Lahr, Director of Rutgers Economic Advisory Service, was quoted in a Rutgers Today feature on the economy. "While the economy is on everyone's radar and will undoubtedly be a reason folks vote for one candidate or another, no candidate (not even the...

New Jersey wineries battle rising cost of packaging, shipping wine

Wineries are being hit hard by the high cost of supplies, and they are also facing supply shortages. While there isn't a wine shortage, the cost to package and ship bottles of wine has gone up, according to some employees at wineries in New Jersey. *********** A local...

Gas prices rise to record highs again

Gas peaked at $1.39 a gallon back then, which would be $4.52 today. Action News spoke to Michael Lahr, an economics professor at Rutgers University. "What may happen, not real soon though, is that companies will use these raises in prices to invest in capital to get...

Gas prices hit all-time highs across Philadelphia, tri-state area

Gas prices across the tri-state hit another record high on Monday, just ahead of the busy summer driving season. It's $4.64 a record gallon in Philadelphia, 14 cents above the statewide average. Pennsylvania, New Jersey and Delaware are also at all-time highs. It's...

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