Cat Country 107.3 » Economy

How Much Does A Family Of Four Cost In NJ? [AUDIO]

David Matthau — Wed, 22 May 2013 10:30:55 +0000

A new Gallup poll finds many Americans think a family of four needs about $58,000 a year to get by in their community, but most New Jerseyans believe the total should be a lot higher. “I think we need a lot more than that, probably double,” said one shopper on Route 1 in Mercer County. [...]

Gas Prices Lower, But Price Spikes May Be Ahead [POLL/AUDIO]

Joe Cutter — Tue, 02 Apr 2013 09:15:17 +0000

Gas prices have been drifting lower lately, and we may have already seen the high price for this year, but it doesn’t mean we won’t see price spikes. Right now, there is what some expert call, “relative stability” in the Middle East. Here in the United States, most refineries are not experiencing any major problems. [...]

Ocean County Debris Cleanup Costing A Hefty Penny [AUDIO]

Jason Allentoff — Mon, 04 Mar 2013 08:59:30 +0000

The cost to clean up the damage left behind by Superstorm Sandy isn’t cheap. No one knows that better than Ocean County officials, who are set to approve an emergency appropriation this week. It will be the third one since the storm hit back in October. The Ocean County Board of Freeholders is expected to [...]

Governor Christie Says Budget Plan Restores Fiscal Sanity [VIDEO/AUDIO/POLL]

Kevin McArdle — Wed, 27 Feb 2013 10:48:45 +0000

Governor Chris Christie has presented a $32.9 billion State Budget proposal. He says it maintains the fiscal discipline needed to restore New Jersey, is balanced and imposes no tax increases. Christie insists his spending plan funds the key initiatives necessary to rebuild the state and restore prospects for future growth. It also provides a record [...]

Gas Prices Continue To Soar [AUDIO]

Joe Cutter — Tue, 19 Feb 2013 09:44:15 +0000

Gasoline prices are climbing. They have reached record averages for this time of year. Some analysts pin the price increase on rising crude prices, but they are not sure why. Many are blaming rising demand overseas, such as China. Some drivers now paying more than 5 dollars a gallon for gas in California. But in [...]

Atlantic City Struggles With Post-Sandy Perception [AUDIO]

Dino Flammia — Wed, 16 Jan 2013 14:00:07 +0000

Mistaken by erroneous news reports and tales of folks who lost their homes in nearby towns, a quarter of the nation believes Atlantic City’s boardwalk was destroyed during Superstorm Sandy. A new poll found 32 percent of people in the Northeast region, the region most crucial to Atlantic City’s business, believed the same thing. The [...]

South Jersey Officials Focus On Rebuilding Better [AUDIO]

Ilya Hemlin — Wed, 09 Jan 2013 10:10:05 +0000

Long Beach Island and the rest of Southern Ocean County is clearing up any doubts in people’s mind, they will be ready for summer. During Southern Ocean County Chamber of Commerce’s ninth annual ‘State of Southern Ocean County’ meeting, held in the Sea Oak Country Club in Little Egg Harbor Tuesday, speakers including Assemblywoman Diane [...]

Revel Gets a Second Chance in 2013 [AUDIO]

Dino Flammia — Mon, 07 Jan 2013 10:01:26 +0000

Atlantic City’s newest casino did not experience the 2012 it was expecting, but the new year brings plenty of opportunity for a turnaround. Revel opened in April and has since ranked among the bottom of the city’s 12 casinos each month when looking at revenue taken from gamblers. Casino executives have said Revel depends more [...]

Wildwood Considers Beach Fees

Townsquare News Network — Fri, 04 Jan 2013 11:17:19 +0000

One of New Jersey’s few free beaches might start charging. Wildwood officials on Friday will consider whether to hold a special election in March to ask voters if they want beach fees. Voters rejected beach badges in 1976 and 1981. It costs Wildwood about $1 million to maintain the beach. Taxpayers cover $760,000 and the [...]

Jersey Businesses Not Thrilled With Fiscal Cliff Deal [AUDIO]

David Matthau — Fri, 04 Jan 2013 10:26:00 +0000

Most Jersey residents are happy we didn’t go over the ‘fiscal cliff’ this week. But many are not exactly thrilled with the deal that was worked out, especially in the business community. Thomas Bracken, President and CEO of the New Jersey Chamber of Commerce, says, “The biggest factor impacting any business is the issue of [...]

South Jersey Business Outlook Shows Slow Growth [AUDIO]

Joe Cutter — Wed, 24 Oct 2012 09:31:19 +0000

The latest Rutgers/Camden business school quarterly economic outlook contains more of the same: continued slow growth and cautious business spending. Luke Tilley of the Federal Reserve Bank of Philadelphia says they have seen moderate economic improvement over the past year or so in South Jersey and some modest job creation. He says there is still [...]

Southern Ocean County Tourism Shows Strength In New Study [AUDIO]

Rosetta Key — Tue, 23 Oct 2012 10:18:30 +0000

Officials in Long Beach Island and areas of Southern Ocean County are accustomed to seeing their summer populations swell and now they know the economic impact. For the first time, the Southern Ocean County Chamber of Commerce released the findings of its new Rockport Analytics Tourism Report. Chamber Destination Marketing Director Lori Pepenella says the [...]

NJ Voters Want Casinos In Atlantic City Only [AUDIO]

Kevin McArdle — Mon, 24 Sep 2012 08:48:50 +0000

As Atlantic City casinos continue to struggle with revenues, Governor Chris Christie continues to stand by his revitalization plans for the resort town.

$4 Gas Starts To Appear In South Jersey

Chris Coleman — Wed, 28 Mar 2012 17:30:38 +0000

Hearing about $4 gas on the news and actually seeing $4 gas are two completely different things. We have to deal with a lot of fees and expenses living here in South Jersey — tolls, car insurance, and everything else that takes a bite out your family’s budget. But one thing we enjoy (relatively speaking) [...]