By Jon Carnegie Over the past several years, a number of policy threads have gained prominence in New Jersey. These include adapting to climate change, advancing social justice, and addressing the needs of overburdened communities [...]
by Robert B. Noland, Hannah Younes, Wenwen Zhang It has now been over two years since the COVID-19 pandemic began and many people were forced to start working at home. While the initial phases of the pandemic led to forced business closures and working at home, the restrictions put in place in New Jersey were [...]
Robert B. Noland The Infrastructure Investment and Jobs Act (IIJA), more commonly known at the Bipartisan Infrastructure Bill will soon be delivering large amounts of transportation funding to the states, including New Jersey. The Bill extends beyond just traditional transportation funding, including funds for an electric vehicle charging network, broadband, and resilience, among other critical [...]
By Michael L. Lahr, Rutgers Economic Advisory Service (R/Econ™) Policymakers’ hearts are in the right place. Presently, the United Kingdom and a few U.S. states are enabling at least a temporary reprieve from fuel taxes in the name of solidarity against Russian aggression.[1] In the face of budget surpluses and soaring energy prices, it would [...]
By Michael L. Lahr, Rutgers Economic Advisory Service (R/Econ™) Here we are in mid-March of 2022 and the average price of a gallon of regular grade gasoline in New Jersey is $4.335; a year ago it was $2.925.[1] That’s nearly a 50% increase in less than a year. How and why did it come to [...]
Robert B. Noland and Lewis Fulton The Russian invasion of Ukraine has led to a sharp increase in the price of oil in the last couple weeks. In New Jersey, a gallon of gasoline is fast approaching $5.00, in California it is nearly $6.00 per gallon. One way to reduce price spikes when there [...]
Robert B. Noland, Hannah Younes, Wenwen Zhang, Clint Andrews, and Leigh Ann Von Hagen Over the last decade, a variety of transportation solutions facilitated by new technologies have emerged. Of these, self-driving vehicles seem to have generated the most excitement among policy makers and such vehicles were promised to be commercially available by 2020. Achieving [...]
by Tia Azzi and Michael Lahr, R/Econ™ The latest report from R/Econ™ examines the migration trends across counties within New Jersey between 2018 and 2019. This report uses Internal Revenue Service (IRS) data, rather than that from than the U.S. Census, to report migration by county. This analysis divides New Jersey into five regions to [...]
Tia Azzi, R/ECON Not all bike lanes are created equal. New Jersey is trying to encourage bicycling as a main form of transportation by enhancing existing ways and expanding bike lanes. But only about 0.3% of New Jersey residents bike to work.[1] This contrasts with nationwide commuting behavior in countries like the Netherlands in which [...]
Tia Azzi For many years, New Jersey has lost population via net in- and out-migration. From 2011 through 2019, this has resulted in the state hemorrhaging a total of more than $23.6 billion in net adjusted gross income (AGI) according to U.S. Internal Revenue Service (IRS) 2021 data. While education plays a role, the migration [...]
