August 2023

Total Factor Productivity Report for Industries – 2021   Total factor productivity–defined as output per unit of combined inputs–rose in 78 of the 86 4-digit NAICS manufacturing industries in 2021,…

JLL Reports Life Sciences Still Strong in NJ Amid New Office Needs   Life sciences companies remain a leading driver of commercial real estate in New Jersey, accounting for more…

Businesses Must Electronically File Form 8300, Report of Cash Payments Over $10,000 Beginning January 1, 2024   The Internal Revenue Service today announced that starting Jan. 1, 2024, businesses are…

The New Jersey Department of Labor and Workforce Development (NJDOL) has introduced the New Jersey Wage Hub, an innovative and user-friendly portal that makes it easier for employers to comply with state…

The site of a vacant office building in Parsippany — one that could be redeveloped as more than 100,000 square feet of new warehouse space — is on the market…

NJEDA to Launch $10M Food Desert Relief Tax Credit Auction   Tax credit auction will support programs to alleviate food deserts and make nutritious foods more accessible & affordable TRENTON,…

The U.S. Census Bureau has updated 2022 Economic Census survey questions to keep up with the nation’s ever-changing business landscape from touchscreen checkout kiosks to 3D printing and cannabis retailers.…

Celebrating National Nonprofit Day with BLS Data    To observe National Nonprofit Day this week, we’re highlighting some statistics about nonprofit organizations and the people who work for them. Employment…

Consumer Price Index, New York-Newark-Jersey City — July 2023   Prices in the New York-Newark-Jersey City area, as measured by the Consumer Price Index for All Urban Consumers (CPI-U), rose…

Sherrill Celebrates the One Year Anniversary of the Landmark CHIPS and Science Act   Parsippany, NJ — Today, Congresswoman Mikie Sherrill (NJ-11) celebrated the anniversary of the landmark CHIPS and Science…