NJBIA - New Jersey Business & Industry Association
New Jersey Business & Industry Association
Total construction starts fell 7% in July to a seasonally adjusted annual rate of $631.6 billion, according to Dodge Data & Analytics. The decline was due to a significant pullback in the nonbuilding segment, which fell 31% from June to July. Nonresidential building starts rose 3% while residential building starts increased 2%. Year-to-date through seven […]
Governor Phil Murphy today announced plans to develop the New Jersey Wind Port, a first-in-the-nation infrastructure investment that will provide a location for essential staging, assembly, and manufacturing activities related to offshore wind projects on the East Coast. The Wind Port has the potential to create up to 1,500 manufacturing, assembly, and operations jobs, as […]
With the Gateway tunnel project in danger of losing federal funding, numerous New Jersey business and labor groups, including NJBIA, are sounding the alarm on the economic impact if transportation across the Hudson River is hampered. In an op-ed that ran in today’s Star-Ledger, the groups noted that the existing tunnels to Penn Station, the […]
President Donald Trump signed an executive order Tuesday designed to speed up the approval process for road, bridge, pipeline and other infrastructure projects in the United States. The president’s action rolls back Obama-era rules regarding environmental reviews and restrictions on government-funded building projects in flood-prone areas. Those rules were enacted two years ago to reduce […]
Earlier this year, NJBIA served as one of the four co-chairs of the stakeholder working group that Senator Smith had tasked with coming up with legislative recommendations on public access to tidal water ways. The group met over several months and in April released its report with consent and non-consent items. On August 1, Senator […]
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New Jersey Business & Industry Association
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