NJBIA - New Jersey Business & Industry Association
New Jersey Business & Industry Association
New Jersey’s job market has recovered impressively in the second quarter, setting new records for monthly job growth, but its re-employment rate is behind the national average even though many states are seeing a surge in coronavirus infections. That’s according to the latest Rutgers Regional Report by economist and professor James Hughes, former New Jersey […]
The Small Business Optimism Index increased 6.2 points in June to 100.6 with eight of the 10 components improving and two declining. Owners anticipate improving sales as the economy continues to re-open with sales expectations rebounding to a net 13% after April’s lowest reading in survey history (a net negative 42%). Small business owners continue to […]
Real gross domestic product (GDP) decreased at an annual rate of 5% in the first quarter of 2020, according to the “second” estimate released by the Bureau of Economic Analysis. In the fourth quarter, real GDP increased 2.1 percent. The GDP estimate released today is based on more complete source data than were available for […]
WASHINGTON— American charitable donations in 2019 marked the highest contributions ever, according to Giving USA. American individuals, foundations and corporations gave $450 billion to U.S. charities in 2019, up 4.2 percent from the previous year. Strong economic growth in 2019 made the past three years of charitable giving the highest on record. Total giving growth in 2019 […]
Total nonfarm wage and salary employment in New Jersey increased by 86,800 in May to a seasonally adjusted level of 3,497,400, according to estimates produced by the U.S. Bureau of Labor Statistics. This gain represents a little over 10 percent of the number of jobs lost in March and April due to the COVID-19 pandemic […]
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New Jersey Business & Industry Association
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