Gas peaked at $1.39 a gallon back then, which would be $4.52 today. Action News spoke to Michael Lahr, an economics professor at Rutgers University. "What may happen, not real soon though, is that companies will use these raises in prices to invest in capital to get...
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Michael Lahr
Gas prices hit all-time highs across Philadelphia, tri-state area
Gas prices across the tri-state hit another record high on Monday, just ahead of the busy summer driving season. It's $4.64 a record gallon in Philadelphia, 14 cents above the statewide average. Pennsylvania, New Jersey and Delaware are also at all-time highs. It's...
New Jersey State Policy Lab: Guilt Tipping and the Inflated Default Tip
Why do we feel guilty about tipping pressures at establishments where only a tipping jar previously existed? And why are tips inflating as a percentage of the bill?
New Jersey State Policy Lab: Lowering Tax Rates on Motor Fuels: A Bad Idea That’s Gaining Momentum
In the face of budget surpluses and soaring energy prices, it would seem that consoling consumers in this manner is more than just a patriotic duty for legislators–but this is wrong in multiple ways.
NJ needs a Sweeney budget center at Rowan
The policy center’s advisory board, which Sweeney will chair, already includes a stellar roster of economics and fiscal policy talent, including Thomas J. Healey, senior fellow at Harvard’s Kennedy School of Government and former assistant secretary of the U.S....
New Jersey State Policy Lab: Adjustments to Municipal and County Population Counts in New Jersey for 2020
According to the latest Census count, NJ’s population peaked above 9 million for the first time in 2020. Census estimates were off by a whopping 4.3 percent.
New Jersey State Policy Lab: What’s Up with Gasoline Prices?
Some of this rise should have been expected. Gas taxes, the relative value of the dollar, lower than usual supply, and higher than usual demand are some of the key factors.
A Multi-Decennial Census Data Set for NJ, 2010 and 2020 (and More): A New Jersey State Policy Lab Offering
This census-based product will appeal to municipal governments within the State of New Jersey because it is provided in an easily read format (Microsoft Excel) but also provides historical reference and shows change across New Jersey’s counties and municipalities since the last decennial census.
New Jersey State Policy Lab: An Early 2022 Inflation Update for New Jersey
Because of Russia’s invasion of Ukraine, we should expect substantially more inflation over the next year in the form of energy prices.
New Jersey Policy Lab: Has New Jersey’s Housing Market Peaked? A New Year’s Assessment
The available stock of both single-family and townhouses for sale has been progressively falling since July 2021 when it reached a pandemic peak. But even that peak was close to a third of numbers ten years prior.