Economists predict N.J. may be among last to recover from recession
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PostPosted: Fri, Jul 23 2010, 8:18 am EDT    Post subject: Economists predict N.J. may be among last to recover from recession Reply with quote

If you think the local economy isn’t getting any better, you’re right.
New Jersey has yet to see any strong signs of economic recovery, even as the rest of the region has started to pull out of the recession, the New York Federal Reserve Bank said today.

While neighboring New York has rebounded strongly since late last year, New Jersey appears to have hit bottom and plateaued, according to the bank’s economic indicators.

http://www.nj.com/news/index.ssf/2010/07/economists_predict_nj_may_be_a.html
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PostPosted: Fri, Jul 23 2010, 10:55 am EDT    Post subject: Re: Economists predict N.J. may be among last to recover from recession Reply with quote

It is sad to hear this. But luckily, forecasts by economists usually don't mean that much. Smile
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PostPosted: Fri, Jul 23 2010, 11:38 am EDT    Post subject: Re: Economists predict N.J. may be among last to recover from recession Reply with quote

Guest2 wrote:
It is sad to hear this. But luckily, forecasts by economists usually don't mean that much. Smile


Your right because things could get much worse and take even longer to recover then they think it will. We might not be one of the last states to recover we could be the last to recover or possibly never recover and continue to be the welfare state that we are.
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PostPosted: Sat, Jul 24 2010, 2:53 pm EDT    Post subject: Re: Economists predict N.J. may be among last to recover from recession Reply with quote

If economists are so smart......................how come most of them are not rich???????
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