According to The PEW Charitable Trusts, New Jersey’s personal income growth over the past year totaled 1.1%, while the average U.S. worker experienced an increase of 2.0%. In addition, an analysis beginning in Q4 2007 found that New Jersey’s personal income has continuously grown at a slower pace than the national average. Since Q4 2007, New Jersey residents have experienced a 1.3% increase in personal income, while the national average totals a 1.9% increase.
Chris Emigholz
Chief Government Affairs Officer
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Taxation & Economic Development News
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