Economic & Recovery Update: News Release: 11/10/2022

November 10, 2022

Content Curated By Scott Goldstein



  • U.S. consumer inflation eased to 7.7% over the past 12 months.


  • WHO reports 90% drop in world COVID deaths since February.


  • See photos of our business roundtable with Assemblywomen Eliana Pintor Marin and Aura Dunn.

U.S. Consumer Inflation Eased to 7.7% Over the Past 12 Months

Price increases moderated in the U.S. last month in the latest sign that the inflation pressures might be easing as the economy slows and consumers grow more cautious. Consumer inflation was up 7.7% in October from a year earlier. The year-over-year increase, a slowdown from 8.2% in September, was the smallest rise since January. (The Associated Press)


WHO Reports 90% Drop in World COVID-19 Deaths Since February

The World Health Organization chief on Wednesday said a nearly 90% drop in recent COVID-19 deaths globally compared to nine months ago provides “cause for optimism,” but still urged vigilance against the pandemic as variants continue to crop up. (The Associated Press)


See Photos of N.J. Chamber Business Roundtable with Assemblywomen Eliana Pintor Marin (D) and Aura Dunn (R)

The assemblywomen, at our Nov. 9 event, discussed business incentives, how to reduce the state’s Unemployment Insurance payroll tax on employers, child care, and where to spend the state’s remaining federal pandemic aid (Their short answer: Technology and transportation infrastructure). See photos here. (N.J. Chamber of Commerce)


An Update on Legislation in Trenton that Impacts Business

See the N.J. Chamber's roundup of business-related legislation advancing in Trenton, and where our lobbying department stands on them. (N.J. Chamber of Commerce)


Boost Small Business Saturday Sales with Tips from Big Retailers

Companies from Amazon to Walmart seek to make payment, shopping and merchandise returns as convenient as possible for their customers. See how this helps small businesses too. (U.S. Chamber of Commerce)


NJ Chamber Virtual Discussion Series on Women in the Workplace

Nov. 15: Women in Finance  

Join us for a virtual discussion with women rising through the ranks of KPMG. What lessons have they learned? How have work-life balance issues changed. For complimentary registration, click here. (N.J. Chamber of Commerce)


NJ Chamber Virtual Discussion Series on Small Business

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. (

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)


Election Day is Nov. 8 (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)

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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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