
the staff of the Ridgewood blog
NEW BRUNSWICK NJ, GDP growth in New Jersey is projected to slow to 1.4% in 2024 on the heels of stronger-than-expected GDP growth in 2023, according to a new economic report from the New Jersey State Policy Lab. High interest rates have yet to temper climbing prices for new and existing homes, with sales of existing homes down on a year-over-year basis as of Q4 2023.
Continue reading Rutgers Policy Lab: Slow Growth and High Unemployment for New Jersey