Amid warnings about looming fiscal catastrophe, the GOP is attempting to use Biden’s climate agenda as a bargaining chip over raising the debt ceiling – even if it could hurt Republican voters... “Republicans unfortunately are not allowing government to function as...
Topic
recession
Upgrades buoy New Jersey with potential recession ahead
New Jersey faces the uncertain economic conditions ahead with historic reserves, a trimmed-down debt profile, and a slew of upgrades from the major bond rating agencies. The state has received six upgrades in a little over a year, including four in April alone,...
Another Interest Rate Hike – What it Means for NJ Residents
The Federal Reserve will once again raise interest rates Wednesday afternoon, but this time they’re only expected to bump them up a quarter of a percent, not half a percent like we’ve had for the past several months. According to Rutgers University economist James...
Economic Doubts and Downturn?
Although a solid 263,000 jobs were created nationwide in November within the context of a 3.7% unemployment rate, the US and New Jersey economies are nonetheless facing headwinds: Inflation remains high and the federal reserve’s attempts to control it by raising...
Gerardo Benavides, MPP ’23, Interviewed about Immigrant Housing Hardships Report
Bloustein School MPP student Gerardo Benavides worked with Make the Road New Jersey on a report titled Housing Insecurity: A survey of tenants in Elizabeth, Passaic and Perth Amboy.
Hughes Talks About Inflation and Recession with Rhonda Schaffler on NJ Business Beat
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.
NJSPL – What’s a Fed to Do? The Potential Factors of a Recession, Part 2
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
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
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
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.