COULD NEW JERSEY MAKE OUT BETTER ECONOMICALLY BECA– USE OF HURRICANE SANDY IN THE LONG RUN?

At least one university thinks the state will be better off financially following Hurricane Sandy. Economists at Rutgers University say that if the state pulls in its share of federal dollars for the recovery effort; the storm will modestly improve the economy of the state by 2015 more than would have taken place if the storm never hit. Bloustein School of Planning and Public Policy says the state needs $25 billion of the federal aid to ensure their forecast is correct.