Economic & Recovery Update: News Release: 8/3/2022

New Jersey Chamber of Commerce
 
NJ Chamber
Economic Recovery & Reopening Update
 
 
August 3, 2022
 
Content Curated By Scott Goldstein
 
 INSIDE TODAY'S UPDATE
 
  • Outdoor tents for N.J. bars and restaurants allowed during the pandemic can stay under new law.
 
  • New Gateway Tunnel boss digs in to build an organization the feds could invest billions in.
 
  • Should CDC recommend more tests, longer isolation for COVID-19 patients?
 
Outdoor Tents for N.J. Bars and Restaurants that Have Been Allowed During the Pandemic Can Stay Under New Law
Outdoor dining options used to keep bars and restaurants in business during the coronavirus crisis won’t fall by the wayside in New Jersey even as people have long returned to pre-pandemic routines. Gov. Phil Murphy signed a bill into law Wednesday that extends outdoor dining until November 2024. The ability to serve customers outside was slated to end later this year. According to the bill, restaurants, bars, distilleries and breweries will be allowed to utilize tents, canopies, umbrellas, tables, chairs, and other fixtures on the properties on which their establishments are located. (nj.com)
 
New Gateway Tunnel Boss Digs in to Build an Organization the Feds Could Invest Billions In
Former New Jersey Transportation Commissioner Kris Kolluri was recently named CEO of the bi-state agency charged with building a $12.3 billion set of Hudson River rail tunnels. Now he must build an organization that federal officials see as capable of overseeing construction of a project that could receive billions of dollars in funding. His hiring is just the beginning. (nj.com)
 
Should CDC Recommend More Tests, Longer Isolation for COVID-19 Patients?
When President Biden announced he had suffered a “COVID rebound” and tested positive again for COVID-19 after isolating for five days and taking the anti-viral drug Paxlovid, some people are asking whether guidelines from the CDC need an upgrade. New studies show that many people with COVID-19 remain contagious for up to eight days, especially when they have been infected by the omicron variant. (NJ Spotlight News)
 
OPEC Boosts Oil Output by Slower Pace than Previous Months
OPEC and its allies decided Wednesday to boost oil production in September by a much slower pace than in previous months at a time of high gasoline prices and unstable energy supplies exacerbated by Russia’s war in Ukraine. Read about the financial and political consequences. (The Associated Press)
 
N.J. State Bar Association: New Jersey's Judicial Vacancies now 'Catastrophic’
Three open seats on the New Jersey Supreme Court less than a month before it begins its new term is both “historic” and “catastrophic,” the president of the New Jersey State Bar Association said. There also are 63 openings in the state courts. Criminal cases have been delayed, keeping some defendants in jail without bail for longer than the five-year-old criminal justice reform envisioned. Most personal injury cases are postponed indefinitely. Divorce trials are also on hold in most counties. (NJ Spotlight News)
 
New Jersey Hall of Fame: Business Leaders Ralph Izzo, Roy Vagelos and Unanue Family are Among the Honorees
Ralph Izzo, chair and CEO of Public Service Enterprise Group, Dr. Roy Vagelos, former chair and CEO of Merck, and the Unanue family, founders of Goya Foods, are business leaders who will be inducted into the N.J. Hall of Fame, the organization announced Tuesday. The inductees showcase the wide-ranging talent of the Garden State as the 10-member class includes a number of well-known athletes, entertainers and political figures. (ROI-NJ)
KPMG
KPMG LLP proudly celebrates
100 years in Short Hills!
 
Our first New Jersey office opened its doors in Newark in 1922. Today, our more than 950 professionals are proud to be a part of New Jersey’s growth and success.
 
KPMG also celebrates our 125th anniversary on August 2 through our commitment to local communities across the country. In New Jersey, our people are volunteering for community projects and partnering with local not-for-profit organizations.
Short Hills 100th Anniversary
 
51 John F. Kennedy Parkway 
Short Hills, NJ 07078
 
© 2022 KPMG LLP, a Delaware limited liability partnership and a member firm of the KPMG global organization of independent member firms affiliated with KPMG International Limited, a private English company limited by guarantee. NDP354866-1A
 
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
 
Vaccine Guide for Businesses (U.S. Chamber of Commerce)
 
 
 
Guide to Starting a Business in N.J. (New Jersey 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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