recession

NJSPL – What’s a Fed to Do? The Potential Factors of a Recession, Part 2

October 10, 2022

Today’s NJSPL blog, by Prof. Michael L. Lahr, is the second part of a deeper look at the possible recession. He notes that the dollar is strong across the globe, which could help the economic balancing act.

NJSPL – What’s a Fed to Do? The Potential Factors of a Recession, Part 1

October 6, 2022

Today’s NJSPL blog, by Prof. Michael L. Lahr, titled “What’s a Fed to Do? The Potential Factors of a Recession, Part 1,” discusses the Federal Reserve’s decision to increase the federal fund rate a second time.

New Jersey wineries battle rising cost of packaging, shipping wine

June 24, 2022

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...

Political wrap-up: The 3 -tions: Inflation, Abortion, and the Election

June 1, 2022

Wrapping up with three hot topics in national politics, the important races of the 2022 midterm elections, and what inflation and abortion could mean for the election.

Gas prices rise to record highs again

May 11, 2022

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...

How New Jersey Averted a Pandemic Financial Calamity

February 24, 2021

James W. Hughes, the former dean of the Edward J. Bloustein School of Planning and Public Policy of Rutgers University, said the state’s decision to turn to borrowing made sense at the time. “It’s so overused, but whatever the term is — unprecedented, uncharted waters...

One thing we agree on – How the American public views the economic crisis

February 3, 2021

Survey results showed that the public shares widespread agreement regarding the state of the economy and what the response to joblessness should be.

Twin crises: The economic impact of COVID-19 and Americans’ outlook for the future

January 29, 2021

Americans are experiencing dire financial and emotional trauma from the pandemic-driven recession and worry that these negative realities will linger for many years.

Healing the wounded economy: Large majorities of Americans support government action to create jobs; help workers, businesses

January 12, 2021

Americans are eager for the government to ease the pain of the recession brought about by the pandemic.

If we don’t receive stimulus, ‘we’re going back into recession’: economist

August 9, 2020

Mark Zandi, Moody's Analytics Chief Economist, joins The Final Round to discuss his thoughts on what’s driving the markets, how investors should be thinking about the July jobs report and the impact of a stalling stimulus plan might have on the economy. Professor...