The goal of the Economist’s Corner is to provide in-depth analysis of data for non-economists interested in understanding what’s happening in the Garden State. The Economist’s Corner is curated by the NJEDA’s Chief Economist Richard Kasmin.
For those interested in exploring New Jersey data even further, the Policy & Data Analytics team has created an interactive site for New Jersey’s key economic indicators. The data used for these applications is publicly available and can be downloaded below for further analysis.
Economist’s Corner: Manufacturing Trends in New Jersey
This latest version of The Economist’s Corner focuses on trends in New Jersey’s manufacturing sector. The report shows manufacturing in recent years is gaining an increased share of New Jersey’s economy following years of contraction. Moreover, recent trends towards job reshoring provide further impetus behind New Jersey’s manufacturing sector continuing to increase share of New […]Read More >
Economist’s Corner – July 2021
The Economic Recovery Remains Incomplete If you spend some time reading the popular press on the state of the economy, you’ll likely come away with a simple story: the economy is booming as everything re-opens and pent-up demand from the past year gets filled, but constraining economic growth are shortages of goods and labor, which […]Read More >
Economist’s Corner: What’s Holding Back New Jersey’s Labor Supply?
Economists love their data, and for good reason. Data enables us to understand important issues such as what factors support economic growth, impact price inflation, and alter labor flows. Right now, many people are struggling to use data to answer one very important question: is overgenerous government support for unemployed workers hindering businesses from recruiting […]Read More >