NJ Topics Consumer Spending And Behavior

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Heart Monitor

Are Recessions Good for Your Health?

With the recovery underway, things are starting to look up. Consumer confidence rose to a six-year high on Friday, the housing sector is improving, the economic gears are turning. But there may also be a less-welcome rebound: fatalities could rise.
Job seekers

Sequester Slashes Help for Long-Term Unemployed

The across-the-board cuts are about to reduce the payout of federal emergency unemployment checks by as much as 10.7 percent.
Dow

The Stock Market Is Back! The American People...Not So Much.

Since the bleakest hours of early 2009, the stock market has clawed, scampered and inched higher—with some notable slips. Now that venerable equity market metric—the Dow Jones Industrial Average—has summited 14,164.53, its all-time highest close last seen way back on Oct. 9, 2007. 
Money Roll

Sequester's Economic Impact Will Build Slowly

The inopportune moment of sequestration — hitting just as the economy shows bright spots — will create a drag on the economy in a slow-motion manner.

Economy Could Take Big Hit From Lapse of Payroll-Tax Cut

The recent payroll-tax hike could play a major role in slowing down consumer spending this quarter.
Kerry and Netanyahu

Could John Kerry Broker a Mideast Peace Deal? Probably Not

John Kerry says he’s hopeful that the Israeli-Palestinian conflict can be resolved during his tenure as secretary of State. But that hope, shared by President Obama, might be a pipe dream.
White House

America's Greatest Economic Weakness in 2012 Was Its Government

Barack Obama said it himself in his first post-election press conference. Speaking at the White House on November 14, Obama said conversations with families, workers and small business owners along the campaign trail had left him convinced that average Americans deserved more from Washington.

What Obama is Going to Say on Meet The Press

On a decisive day in the fiscal cliff talk, President Obama used his appearance on NBC's Meet the Press to remind Republicans that he'll use all the pulpits at his disposal to bully them into accepting a deal and, failing that, blame them for sending the nation over the cliff. 
White House

Cliff Diving Would Pose Dangers For Obama's 2nd-Term Agenda

If Washington plunges off the fiscal cliff on New Year’s Day, President Obama will have a strong hand to play in the fight over expiring tax cuts and automatic spending reductions set to hit the economy, but a drawn-out standoff could also wreak havoc on his ability to tackle big second-term agenda items such as tax reform, immigration and gun control.
Kids playing in open fire hydrant

Weather or Not

An extremely hot summer, like this one, isn’t as disruptive to the economy as a very cold winter.
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