NJBIZ Conversations: OceanFirst Financial CEO Chris Maher

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The book is pretty much closed on 2024, so businesses are looking ahead to the coming year and what they need to know as they make decisions in investment, spending, hiring, expansion and other plans. 

Over the past several years, the New Jersey and national economies seemed to recover from the pandemic and began to move on. But there are new uncertainties that could make running a business more difficult.

In this edition of NJBIZ Conversations, Christopher Maher, the CEO of OceanFirst Financial and a former director of the Federal Reserve Bank of Philadelphia, talks about what to expect coming off a relatively robust 2024.  

“It was a surprisingly strong year, a little stronger than I think any of us expected when we went into the year,” Maher said. “There was some reason to be concerned earlier in the year, but we ended the year well. Some of the sectors, housing being one, was still a little bit weaker than we would have liked to have seen, but other areas of the economy picked up. Productivity picked up, so the growth numbers were better than anyone anticipated earlier in the year.” 

To watch the interview, click the video below:

To listen instead, click the podcast below: