In the aftermath of the COVID-19 pandemic, inflation has plagued the nation and the state of New Jersey, with national inflation rates higher than they have been in decades. This situation raises concerns about the financial well-being of Americans and New Jerseyans, as well as how inflation may affect different demographic groups disproportionately.
In order to get a better understanding of how price increases have differentially affected New Jerseyans, and thereby providing an updated picture of economic gender inequality in the state, this project will examine both how the spending habits of various groups of consumers affect their rate of inflation and how financially prepared they are to face price increases. This project will be accomplished as a collaboration between the New Jersey State Policy Lab and the Center for Women and Work at Rutgers University.