3.7% rate of growth ranked 4th in U.S. Growth in technical and support services were notable MORRISTOWN, NJ - On December 23rd, the United States Bureau of Economic Analysis issued its report on the Gross Domestic Product (GDP) by State…

Growth ranked 8th in the nation Surge in wages and business income led the advance On December 17th, the United States Bureau of Economic Analysis issued its report on the Personal Income by State for the 3rd Quarter of 2021,…

Unemployment declines to 6.6%, still well above 4.2% U.S. average November is third straight month with a gain above 20,000 jobs NJ’s stagnant labor force size is below 2008 average U.S. data shows high cost of living diminishes income for…

State adds 20,000 jobs, remains 200,000 below pre-pandemic level NJ’s 7.0% Unemployment Rate is 2.4% higher than U.S. average, which fell .2% to 4.6% Despite recent gains, Leisure & Hospitality remain 20% below pre-pandemic Workforce remains 140,700 smaller than February…

State adds 21,500 jobs, remains 200,000 below pre-pandemic level Unemployment Rate declines .1% to 7.1%, but rises to 3rd highest in the U.S. NJ’s Unemployment Rate is 2.3% higher than U.S. average, which fell .4% to 4.8% Workforce remains 146,700…

NJ’s economy grew at 6.4% in Q2, trailing 6.7% U.S. average growth rate NJ’s growth rate lagging economically larger states MORRISTOWN, NJ - On October 1st, the United States Bureau of Economic Analysis issued its report on the Gross Domestic…

Nation experiences personal income decline as pandemic relief programs end NJ personal income declines -16.6% versus U.S. average of -21.8% In critical net earnings category, NJ’s 7.4% growth well below 10.7% U.S. average NJ’s income decline in line with most…