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Sweeney Center report: Any NJ recession would be short, mild

A report finds that after a strong 2022 in New Jersey, continued personal income growth in 2023 would cushion any short or modest recession.

New yorkUnited statesNew jerseyRowan universityCharles steindelFederal reserve bankSteve sweeney centerFederal reserveJersey treasury departmentPublic policySocial sciencesMulti year budget workgroupNew jersey economic outlookNew jersey treasuryGarden stateBudget address

NJ Gov Phil Murphy expects a recession What does that mean?

The usual indicators may not be adequate to forecast the next recession. But Phil Murphy said he expects a "shallow" but "meaningful" downturn to come

United statesNew jerseyCharles steindelPhil murphyJersey chamberGarden state initiativeGoldman sachsDepartment of the treasuryKatie sobkotrenton bureauNew jersey monitorSouth jersey chamber

Slight job gains for state labor market in December report

The state’s labor market grew slightly in December, adding 1,400 jobs and capping the year on a good note despite losses in some sectors.

New jerseyUnited statesState of new jerseyCharles steindelGarden state initiativeUs bureau of labor statisticsGarden state

New Jersey receives some good economic holiday news

The U.S. Bureau of Economic Analysis revealed New Jersey had the 10th-highest growth in Q3 in a report on Gross Domestic Product (GDP).

United statesNew jerseyState of new jerseyCharles steindelPhil murphyGarden state initiativeUs bureau of economic analysisGarden stateEconomic analysisConsumer price indexNew york newark jersey

NJ labor market rebounds in November

The state Department of Labor and Workforce Development November 2022 jobs report shows solid growth, with 11,700 jobs added.

New jerseyUnited statesState of new jerseyCharles steindelWorkforce developmentGarden state initiativeDepartment of laborGarden state

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