Jason Bram
Jason Bram
commercial cooling economy economy-and-economics housing income labor lesser local market personal relatively remains securities showing shown signs strong tax terms thus
I'd characterize the local economy as relatively strong over all. Commercial real estate, the securities industry, and thus personal income and tax revenues, and, to a lesser extent, the labor market are all showing signs of strengthening. The housing market has shown some signs of cooling recently, but remains pretty strong in terms of levels.
businesses cater certain hits population worthwhile
Once the population hits a certain point, it makes it worthwhile to have more businesses that cater to that population.
growth jersey modest stability
The story of New Jersey is one of stability and modest growth.
growth rate since sluggish state
It's not disastrous, but it suggests pretty sluggish growth. The state unemployment rate has pretty much trended upward since May.