As a new presidential administration takes the helm in Washington, the nation finds itself at a pivotal economic juncture. The priorities emerging in federal discussions – supporting innovation and artificial intelligence, lowering taxes for businesses, reducing burdensome regulations, bolstering energy independence and supporting small businesses – should resonate deeply with New Jersey’s leaders. These initiatives are not partisan rallying cries; they are pragmatic solutions to the challenges that hinder economic growth and opportunity in the Garden State.
From his first day in office, Gov. Murphy talked about creating a stronger and fairer economy. Over the last seven years, in our estimation, he has created the fairest economy in the nation. However, the stronger side of the equation has had considerable less focus. Today’s speech covered a lot of initiatives to make our economy even more fair by continuing what has already transpired over the last seven years. In November’s elections, the overwhelming message from the public was that they wanted change and for government to focus on economic growth and a stronger economy. Neither of those were addressed in today’s speech. We have been saying for many, many months that our economy, and supporting business, needs to be the main focus of the administration and the Legislature. If that does not happen, the initiatives proposed by the governor will have difficulty being funded.
—Tom Bracken, President & CEO, New Jersey Chamber of Commerce
The New Jersey Chamber of Commerce is deeply disappointed by the implementation of congestion pricing in Manhattan, which went into effect yesterday.
This policy is a direct blow to New Jersey’s commuters and visitors who depend on access to New York City for work, business, and leisure. It unfairly penalizes New Jersey residents, adding a new financial burden to already high transportation costs.
The New Jersey Chamber of Commerce Board of Directors on December 12 elected six new board members. These accomplished leaders, from a variety of industries and regions across the state, will contribute to the Chamber's mission of fostering a dynamic and thriving business environment in New Jersey.
Eight New Jersey businesses and a business leader that are leading the way in demonstrating tangible and measurable progress in diversity, equity and inclusion (DE&I) were recognized Nov. 14 at the third annual DE&I Trailblazer Awards reception, co-hosted by the African American Chamber Commerce of New Jersey and the New Jersey Chamber of Commerce.
The New Jersey Chamber of Commerce congratulates the winners of the 2024 election and commends them on successful campaigns. Yesterday’s outcomes make it clear that economic concerns are top of mind for voters across New Jersey and the nation.