It’s often been said that knowledge is power.
Just ask the attendees who got the inside track on local business growth at the Middlesex County 2019 Economic Outlook on January 30 at the Rutgers Visitors Center, Piscataway.
Dean James Hughes, Rutgers Professor and Dean Emeritus of the Edward J. Bloustein School of Planning and Public Policy, served as the guest speaker, providing a powerful economic forecast for this year.
A Chamber event is always chock full of networking.
Hughes kept the crowd entertained and chuckling throughout his presentation, showing why he is known as one of the most-well quoted economic experts in the state for many years.
Hughes talked about fundamental disruptions, which make economic forecasting tricky. The headaches for economists include: demographics (changing of the guard), innovations in information technology, a post-suburban demography, the transformation of office ecosystems, emerging dominant global “supercities” and the enormous surplus of suburban office space.