Economic Recovery & Reopening Update: 11/15/2022

NJ Chamber
Economic Recovery & Reopening Update

November 15, 2022

Content Curated By Scott Goldstein

 INSIDE TODAY'S UPDATE

 

  • Newark Airport debuted its new, $2.7 billion Terminal A today.

 

  • U.S. wholesale inflation eases to 8%, a 4th straight slowdown. 

 

  • How to structure employee paid time off policies.

Newark Airport Debuted its New, $2.7 Billion Terminal A Today

The 1 million-square-foot structure, under construction since 2018, has 33 gates, a parking guidance system, four-lane pickup and dropoff curbs, a touchless security and boarding experience, 60% more seating and more concessions. (ROI-NJ)

 

U.S. Wholesale Inflation Eases to 8%, a 4th Straight Slowdown

Prices at the wholesale level rose 8% in October from a year ago, the fourth straight decline and the latest sign that inflation pressures in the U.S. are easing from painfully high levels. The annual figure is down from 8.4% in September. (The Associated Press)

 

The State's Small Business Improvement Grant is Still Available

It offers reimbursement for costs associated with making building improvements or purchasing new furniture, fixtures and equipment. The grants cover 50% of eligible total project costs up to $50,000. It is open to small businesses and nonprofits. (N.J. Economic Development Authority)

 

How to Structure Employee Paid Time Off Policies

Paid time off is an important employee benefit for every business, but designing the right policy is no simple task. Here are some common PTO policies to help you structure your paid time off program. (U.S. Chamber of Commerce)

 

NJ Chamber Virtual Discussion Series on Small Business

TOMORROW, Nov. 16: Solving Your Labor Shortage

We will explore two unique sources you can use to find disciplined and enthusiastic employees – people with disabilities and people who have recently left military service. For complimentary registration, click 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. (vaccines.gov)

Were you forwarded this newsletter? For more information about the N.J. Chamber, email [email protected]
Business Resources

Surviving a Recession (U.S. Chamber of Commerce)

 

Vaccine Guide for Businesses (U.S. Chamber of Commerce)

 

General Pandemic Information (State of N.J.)

 

Business Funding Opportunities Provided by the State (State of N.J.)

 

Starting a Business in N.J. (New Jersey Business Action Center)

 

Becoming a Government Contractor (State of N.J.)

 

Recognizing Cannabis Impairment at Work  (State of N.J.)

 

Emergency Preparedness (N.J. Business Action Center)

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.
 
You are welcome to share this newsletter via email, social media or on your organization's website. Please credit the New Jersey Chamber of Commerce with a link to http://njchamber.com.
 
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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