Abstract
This is the fifth annual Economic Survey. The survey inquires about national and state current economic assessments, as well as six-month projections; expectations about long-term and short-term interest rates; commercial real estate submarket and loan demand; and residential loan and refinance demand. The survey also explores real estate values, currently and expected, as well as a set of negative indicators and common obstacles to lending. The survey series probes metrics about the national, state, and banking market economies in order to better understand, and, in turn, better facilitate the growth, development, and common interests of the banking sector in the state of New Jersey. Conducted by the Bloustein Center for Survey Research (BCSR) under the direction of James Hughes, Marc Weiner and BCSR senior research specialist Orin Puniello,