Affordability Press Release

The Federal Reserve Bank of Philadelphia coincident indexes report is, “is another indication that New Jersey’s economic outlook is bleak.”

Garden State Initiative’s president, Regina M. Egea, issued the following statement on the The Federal Reserve Bank of Philadelphia September coincident indexes report:

“Today’s report from the Federal Reserve Bank of Philadelphia is another indication that New Jersey’s economic outlook is bleak,” said GSI President Regina Egea. “The numbers tell the story, and our legislators can’t continue to ignore the hard economic data. Election Day is less than two weeks away, and negative reports like this will make voters even more focused on these key pocketbook issues. They will be looking for candidates with a plan to put our state on a path toward economic recovery and growth, not keep kicking the can down the road.”

Recommended Posts

Report

New Garden State Initiative Report Finds NJ Transit Needs Performance-Based Reform—Not Just More Funding

The Garden State Initiative (GSI) today released a new report, NJ Transit: An Economic Analysis of Reliability, Funding, and Reform, finding that while Amtrak-owned infrastructure contributes…

Press Release

New Garden State Initiative Report Finds NJ Transit Needs Performance-Based Reform—Not Just More Funding

New empirical analysis concludes reliability challenges stem from both Amtrak infrastructure and internal operational issues MORRISTOWN, N.J. — The Garden State Initiative (GSI) today released…

Report

New Jersey’s Two-Faced July Labor Market

Unemployment rate drops to 4.4%; employment and labor force both gain. Very large, widespread, loss of 25,600 jobs. The monthly labor market report contains data…