BY: Regina Egea, President, Garden State Initiative
I wanted to share with you an analysis conducted for GSI of the latest Gross Domestic Product (GDP) data released today by the Commerce Department’s Bureau of Economic Analysis.
In the 2nd quarter of 2019, New Jersey’s economy ranked 48th in the U.S. for growth and our neighbors grew at a rate more than double our economy. This continued a trend of weak performance and included weakness in many sectors where the Garden State has historically prospered. ·
You can read our full analysis, conducted by Charles Steindel, Ph.D., a former Chief Economist of New Jersey and current resident scholar at Ramapo College, by clicking below.
I look forward to
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