News

Morris County Earns AAA Financial Ratings 48th Consecutive Year ________________________________________________________________________________ Morris County’s financial stability again has been given the highest confidence ranking by Moody’s Investor Services and Standard & Poor’s Global Ratings,…

NFIB Research Center Monthly Economic Report – May 2023   Small Business Trends The Optimism Index decreased 1.1 points in April to 89.0. This is the sixteenth consecutive month below…

Hispanic Population Is Younger But Aging Faster Than Non-Hispanic Population __________________________________________________________________________________________________________________________________________________ While younger than the non-Hispanic population, the Hispanic or Latino population has aged faster over the past decade, according…

Multifamily Building Boom Poised To Transform New Jersey’s Northeast Morris County ________________________________________________________________________________ Apartment Stock Expected To Increase by 42% As Obsolete Offices Are Redeveloped Northern New Jersey’s urban cores, namely…

Morris County Increases Veterans Services & Support $300,000 Invested in Programs as Veterans Services Space Expands __________________________________________________________________________ The Morris County Veterans Services Office (VSO) is expanding accommodations, staff and key services…

Large Cities Grew Faster or Lost Fewer People in 2022 According to U.S. Census Estimates ________________________________________________________________________________ Many cities at the core of large U.S. metropolitan areas were no longer among…

Real Estate Study Focused on Identifying Trends in Online Search Behavior __________________________________________________________________________________________________________________________________________________ More than 8 in 10 tenants and investors report they are likely to conduct their own independent online…

NJEDA Aspire Program To Support Real Estate Development Projects __________________________________________________________________________________________ Aspire is a gap financing tool to support commercial, mixed use, and residential real estate development projects that replaces the…

April Producer Price Index Summary 2023 _____________________________________________________________________________________ The Producer Price Index for final demand advanced 0.2 percent in April, seasonally adjusted, the U.S. Bureau of Labor Statistics reported today. Final…

RESIDENTIAL DEVELOPMENT PROJECTS IN MORRISTOWN APPROVED FOR ASPIRE TAX CREDITS ________________________________________________________________________________ First Aspire Program approvals to bridge financing gaps for three projects comprised of a combined 728 housing units TRENTON,…