With the US imposing higher tariffs on Chinese imports and China retaliating in kind, global gross domestic product (GDP) growth is anticipated to slow down from 3.7 percent in 2018 to 3.2 percent or lower in 2019, depending on trade war scenario conditions. While the US avoided increasing tariffs on $200 billion worth of Chinese imports from 10 percent to 25 percent on March…
Tag: economic impact
Hospitals in NJ Have Profound Economic Impact
New Jersey’s acute care hospitals deliver a $23.6 billion boost to the state economy, along with 150,000 jobs, according to the 2018 Economic Impact Report by the New Jersey Hospital Association. (PRNewsfoto/New Jersey Hospital Association) “Healthcare is a critical part of New Jersey’s economic infrastructure,” said NJHA President and CEO Cathy Bennett. “The $23.6 billion…