January 2024

2022 Economic Census First Look JAN. 25, 2024 – The U.S. Census Bureau today released new First Look estimates from the 2022 Economic Census. The economic census is the U.S. government’s official 5-year measure…

How US States Can Advance a Successful Clean-Energy Transition   As the United States moves toward decarbonization, states and their leaders will help determine whether net zero is achieved—and whether the…

Empower to Grow, a Revitalization of the 7(j) Training Program WASHINGTON – Today, Administrator Isabel Casillas Guzman, head of the U.S. Small Business Administration (SBA) and the voice in President Biden’s Cabinet for America’s…

NJM ink 53,000 sq. ft. Lease For Insurer’s New Home in Parsippany Onyx Equites has leased 53,000 square feet in Parsippany to NJM Insurance Group, securing another tenant for a…

NJEDA Names Inaugural NJ Innovation Fellows Cohort   TRENTON, N.J. (January 18, 2024) – The New Jersey Economic Development Authority (NJEDA) today announced the inaugural cohort of the New Jersey Innovation Fellows (NJIF)…

US Residential Builder Confidence Surges, Mortgage Applications Jump   US Retail Sales Rise Holiday shoppers helped U.S. retail sales increase 0.6% in December from the prior month and beat the…

NJEDA Releases Request for Information to Gather Insights into Arts and Culture Sector   NJEDA – Authority seeks input to better understand challenges faced by arts entities seeking access to…

Record 16 Million New Small Business Boom Continues Three Years in a Row   WASHINGTON, D.C. – With the Administration’s announcement that the United States has set a new record of 16 million…

County Level Unemployment Data Released for November 2023   ATTENTION: County-level unemployment data for November 2023 has been posted to the NJLWD website: https://www.nj.gov/labor/labormarketinformation/assets/PDFs/employ/uirate/lfmth.xlsx The following is a summary of…

NJEDA SUPPORT ADVANCES GROWTH OF ARTIFICIAL INTELLIGENCE INDUSTRY COMPANIES IN NEW JERSEY Recently-Announced AI Hub at Princeton University, Powered by the NJEDA, Will Enable Growth of AI in New Jersey…