2020, a devastating year for New Jersey’s economy

Experts caution there's no quick fix for the Garden State's battered economy

For a time this year, it seemed as though the entire world was shut down. Businesses were forced to close their doors to help curb the spread of the coronavirus and some of them will never reopen.

The economic impact has been staggering. Business Correspondent Rhonda Schaffler takes a deeper look at what happened to New Jersey’s economy in 2020.