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New Jersey's Economic Roller Coaster: From "Go-Go" to "Slow-Go"
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New Jersey's Economic Roller Coaster: From "Go-Go" to "Slow-Go"

James W. Hughes and Will Irving
Rutgers University
2017
DOI:
https://doi.org/10.7282/T3XK8JG8

Abstract

Recession Recovery Employment Jobs Economy New Jersey
December 2017 will mark the tenth anniversary of the last business-cycle peak in the United States as well as the tenth anniversary of the start of the Great 2007–2009 Recession (December 2007–June 2009).1 During this ten-year period, the longstanding economic and demographic foundations of New Jersey were fundamentally disrupted and transformed: 2017 New Jersey looks quite different from 2007 New Jersey. The state’s recovery from the Great Recession has been less than robust, and there is still a high degree of uncertainty about future economic prosperity.
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