BY HEATHER HADDON
A new analysis set to be released this week shows New Jersey is one of only nine states in the U.S. that saw a decline in sales-tax revenue this spring, a sign that consumers are holding back spending as the state's economy struggles to recover.
New Jersey collected $2.3 billion in sales tax from April through June, a drop of 8% over the same period last year, according to the nonpartisan Rockefeller Institute of Government, the research policy arm of the State University of New York-Albany, which studies tax-collection data nationwide. It was among the largest second-quarter fall-offs in the ...
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