
ECONOMIC OPPORTUNITY FOR ALL, Personal Income
GSI Analysis: Following Six Quarters of Slow Growth, NJ shows above-average Increase in Personal Income in Q2, Future Remains Uncertain
October 3, 2023
Slight uptick follows a 6-quarter trend of below average growth 5% growth rate ranks 5th in the nation, but below New York. Increase spurred by employee compensation and business earnings. Recent downward revisions markedly pared past estimates of total income.…