Nearly a month after Gov. Phil Murphy introduced his $44.8 billion budget for FY22, the sticker shock still remains. An NJBIA analysis now shows how the growth and imbalance of this proposed budget compares with previous administrations. The $44.8 billion in appropriations represents the highest level of spending in state history and is 10.9% more than […]
NJBIA Research
NJ’s GDP Growth Jumps by 2.3% in Third Quarter
New Jersey’s real GDP growth made a major turnaround in the third quarter of 2019, expanding 2.3% from Q2, according to data released this morning by the U.S. Bureau of Economic Analysis (BEA). According to NJBIA Director of Economic Policy Research Nicole Sandelier, New Jersey’s growth rate led the region in Q3 after falling behind […]
NJBIA Research Looks at the Business of St. Valentine’s Day
NJBIA’s research team has put together some facts about Valentine’s Day businesses in New Jersey. “Like just about every other holiday, New Jersey manufacturers and businesses contribute their unique products to the celebration of Valentine’s Day,” said NJBIA Director of Research Nicol Nicola. View the complete infographic.