The snowy and very cold winter has put somewhat of a freeze on economic activity, but the effects shouldn't hurt most businesses in the long run. Once New Jersey and the rest of the nation begin to thaw, it's expected many affected businesses will see some of their losses recovered.
States across the country, including New York, are finding new and innovative ways to lure corporations, entrepreneurs, investors and developers, something the Garden State isn't doing enough of according to state business leaders.
Many financial experts were predicting a strong economic bounceback at the beginning of 2014, but so far the job creation report has been disappointing, the stock market has been on a roller coaster ride and consumer spending has slowed.
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