Home real estate markets intensified in 2021 due to what appears to have been a buyer frenzy that drove single-family home prices steeply upward across the State of New Jersey. More single-family homes closed despite fewer listings in New Jersey.
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Rutgers Economic Advisory Service
Philadelphia’s soda tax added jobs thanks to increased funding for child care, a new study says
The Rutgers study took a macroeconomic approach in an attempt to look at the ripple effects of the tax, and not just its impact on directly affected industries. Michael L. Lahr, a public policy professor at Rutgers and the study’s primary author, said he expected to...
Philadelphia’s Pre-K program, funded by Beverage Tax, helps the city’s children, families, and economy
The release of the study comes in the context of a larger national debate about increasing public funding for child care and pre-K programs.
New R/ECON report: NJ gets about 75 cents on each dollar that it sends to Washington
This is substantially less than reported in the Rockefeller Report, but is consistent with other reports in that New Jersey remains among the top ranked states in getting less than they send to Washington, D.C.
Rutgers Forecast: New Jersey’s recovery still trails its neighbors and nation, with ‘moderate’ job growth expected
While a difficult winter has depressed job growth early in 2014, New Jersey actually has experienced slight improvement over a comparable period last year, according to Nancy Mantell, director of the Rutgers Economic Advisory Service (R/ECON). But Mantell predicts the...
R/ECON event to review NJ’s real estate market, speed of economic recovery
On Friday, May 9, the Rutgers Economic Advisory Service (R/ECON)semiannual subscriber forecast and conference will examine the pace of New Jersey’s economic recovery and provide insight into aspects of the real estate market that are helping establish momentum for the...
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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