New Jersey’s Connected Economy: Measuring the Ripple Effect of Economic Policy

Critical Considerations for Policymakers   According to Newtown’s third law of motion, for every action in nature there is an equal and opposite reaction. However, a new study undertaken by NJPRO, the New Jersey Policy Research Organization, demonstrates that that’s not the way the modern business ecosystem works, particularly in New Jersey.   Our analysis…

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The Economic Impact of Halloween

NJPRO is delighted to share with you the 2015 economic impact of Halloween. How many Americans like to trick-or-treat, attend costume parties or dress up their pets? More than 157 million American shoppers will celebrate Halloween this year spending approximately $6.9 billion dollars on decorations, candies and costumes. The state of New Jersey contributes to…

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Facts for Discussion: Manufacturing in NJ

Manufacturing in New Jersey, is NJPRO’s latest examination of the economic impact of the manufacturing industry. The sector has a rich history in state and remains a vibrant part of the worldwide supply chain. Traditional production systems have shifted to technologically advanced (“lean”) manufacturing processes, maximizing efficiency and achieving optimal performance. With over 240,000 employees…

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