New Jersey’s top business lobbying organization has hired a new chief economic advisor to help them independently assess the business climate in the Garden State.
With word this past week that New Jersey officials have fallen short, again, on projecting state revenues, there is a lot of scrambling to find ways out of the current $800 million hole by the end of June. And many experts are able to say, in effect, we told you so.
The discussion, titled “Philadelphia Taxes — Past, Present and Future.” was organized by the Pew Charitable Trusts and Temple University’s Center on Regional Politics.
The number of newly unemployed dropped again last week to 403,000 people, providing cautious optimism that the economy might be improving slightly.
The stock market’s wild ride over the past few days, and the big drop yesterday does little to calm fears of investors, especially those who are close to retirement. 3 On Your Side Consumer Reporter Jim Donovan finds that many are uneasy right now, and it doesn’t look like things will settle down anytime soon.