Real GDP growth rate of 3.4% well under national pace of 4.4% and most neighbors. Personal income growth rate 3.0% also under the nation’s 3.3%. The delayed information on 20225 third-quarter state GDP and personal income showed that New Jersey’s…

Output and income growth trailed nation in Q2 after relatively better performance in Q1. New Jersey’s GDP grew at 2.8% compared to New York’s 4.0. Level of income revised up. The numbers on New Jersey’s Gross State Product (GDP) and…

Real GDP declined at a 1.0% annual rate, under the national rate. Personal income rose at a 6.5% rate, in line with the nation. New Jersey’s real Gross Domestic Product (GDP) is estimated to have declined at a 1.0% annual…

The state’s real GDP and Personal Income grew at about the national pace. Pennsylvania grew more rapidly, while New York’s output grew noticeably less than New Jersey. The composition of income growth was good, being weighted to earnings. The 2024:Q3…

2024: Q2 personal income growth rate higher than the nation and ranked 12th but regionally lagged behind New York, Pennsylvania and Washington DC. State GDP growth somewhat less than the nation, putting us a lackluster 34th. Revisions boosted estimates of…

State’s Q3 GDP growth in sync with the nation’s, and personal income gains highest in the Northeast. The upbeat news on GDP and income, though, reflects developments through September, and may not reflect all the recent softness in the state’s…

Q1 real GDP growth at a 1.0% annual rate, half the US average of 2.0% Personal income grew 5.8% fueled by a spurt in transfer payments, not growth of earnings On June 30th, the U.S. Bureau of Economic Analysis issued…

Real GDP growth rate of 1.1%, 38th in the nation, and less than half the U.S. gain of 2.6% Washington State, smaller in population than NJ, may have a larger economy Income growth rate of 5.2% also under the national…

New Jersey’s encouraging first quarter measure of gross domestic product has been followed by a lackluster stumble to the halfway point of 2022, a former state economist says. Working for the Garden State Initiative in his analysis, Dr. Charles Steindel…

New Jersey’s Real GDP lagged the nation in Q2 after a strong first quarter; same pattern held for personal income State GDP contracts 1%, ranking 24th nationwide, versus 0.6% U.S. decline State personal income grew 5.6%, ranking 27th nationwide, versus…