Housing Market Analysis, Short- and Long-Term Forecasts on Tap at Rutgers Economic Advisory Service Conference

WHAT: Rutgers Economic Advisory Service’s (R/ECON) semiannual conference and forecast: “New Jersey’s Housing Market – How Long and How Strong?” 

WHO: Patrick J. O’Keefe, director of economic research for CohnReznick LLP, will analyze New Jersey’s housing market. James W. Hughes, distinguished professor and dean of Rutgers’ Edward J. Bloustein School of Planning and Public Policy, will discuss national economic trends. Nancy Mantell, R/ECON director, will present the state’s short-term (to 2025) and long-term (to 2045) economic forecasts.

WHEN: 10 a.m. to noon, Friday, Sept. 18

WHERE:  Special Events Forum, Civic Square building, 33 Livingston Ave., New Brunswick. 

BACKGROUND:  Even as New Jersey continues to trail the nation and its regional neighbors in their pace of economic recovery, the state’s economy is undergoing structural changes that could make certain sectors more hospitable to job seekers, while rendering others more difficult to crack. At the same time, as the markets take investors on a rollercoaster ride, talk of an interest rate hike by the Federal Reserve has made potential homebuyers (and others) nervous, even though many are no longer as fearful about job security. These and other topics will be discussed during R/ECON’s semiannual conference.