Economic & Recovery News Release: 6/14/2022

June 14, 2022
Content Curated By Scott Goldstein
  • U.S. producer prices soar 10.8% in May, as energy costs go through the roof.
  • The next shortage: electricity?
  • Tips for creating a recession-proof business plan.
U.S. Producer Prices Soar 10.8% in May as Energy Costs Spike
The U.S. producer price index – which measures inflation before it reaches consumers – surged 10.8% in May from a year earlier, underscoring the ongoing threat to the economy from inflation that shows no sign of slowing. It rose at slightly slower pace last month than in April, when it jumped 10.9% from a year earlier, and is down from an 11.5% yearly gain in March. (The Associated Press)
The Next Shortage: Electricity?
As the summer cooling season kicks off, concerns over electric grid reliability are heating up. A recent assessment of summer electric grid reliability shows the clean energy transition may be getting ahead of the technologies available to keep the grid reliable. (U.S. Chamber of Commerce)
Tips for Creating a Recession-Proof Business Plan
If you’re worried about a recession and what it might do to your small business, you’re not alone. Here are steps you can take to help recession-proof your business. (U.S. Chamber of Commerce)
N.J. Chamber's Diversity, Equity and Inclusion Webinar Series
Tomorrow, June 15: Strategies to Support a Diverse Workforce
This conversation will offer recommendations to help build a talent pipeline, expand diversity and retain employees in a competitive market. For more information and to register for this free webinar tomorrow June 15, at 9 a.m., click here. (N.J. Chamber of Commerce)
RESCHEDULED: N.J. Chamber's 'Helping Small Business Grow' Webinar Series
Rescheduled to June 21 at 9 a.m.:
How Small Businesses Can Cope with Inflation
Find out what you can do to manage the challenges of an inflationary economy with guest speaker Tom Sullivan of the U.S. Chamber of Commerce. For more information and to register for this free webinar on this new date, June 21, click here. If you have already registered for this webinar, you have been automatically re-registered for the new date and time. (N.J. Chamber of Commerce)
Join the N.J. Chamber's Drive for Equality: Sign Up for Our 'Supplier Diversity Collaborative' and Work Towards Real Change
By signing your company's name to the N.J. Chamber's 'Supplier Diversity Collaborative,' you will strengthen the business community’s commitment to hiring a diverse group of suppliers and contractors. Expanding a commitment to working with New Jersey's minority-, women- and veteran-owned businesses is good for business on many levels. More information here. (N.J. Chamber of Commerce)
Looking to Get Vaccinated? Here's an Easy Way to Find COVID-19 Vaccines Near You.
Just punch in your area code. You can even search for a specific vaccine. (
Were you forwarded this newsletter? For more information about the N.J. Chamber, email [email protected]
Business Resources
Reopening Playbook for Employers (U.S. Chamber of Commerce)
Vaccine Guide for Businesses (U.S. Chamber of Commerce)
Guide to Starting a Business in N.J. (New Jersey Business Action Center)
Jobs and Hiring Portal Job Seekers | Employers (State of N.J.)
The Best Tool for Your Business - Membership in the N.J. Chamber
The N.J. Chamber provides members with guest speakers, webinars, networking opportunities and discount programs that help businesses grow. The N.J. Chamber also advocates for pro-growth and pro-business legislation.
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The New Jersey Chamber of Commerce is staying on top of pandemic and economic recovery developments. For news media requests, please email Scott Goldstein.
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New Jersey Chamber of Commerce | 216 West State StreetTrenton, NJ 08608