TRENTON, N.J. (AP) — New Jersey officials are set to cash in on what they believe will be a strong summer tourism season, one which could provide a much-needed economic boost to the financially struggling state.
Their optimistic outlook is based in part on the assumption that the troubled state and national economies will continue to slowly improve, while sky-high gasoline prices continue inch downward—a combination that will spur people to take vacations they may have put off last year.
Jersey Shore realtors are reporting stable to slightly higher interest in rental homes so far this year. Analysts say it is a sign that people are growing more secure about their financial outlook and are willing to spend time and more money on themselves and their families.
(Copyright 2011 by The Associated Press. All Rights Reserved.)