Economic Solutions

In one of the most comprehensive studies of New Jersey’s business climate conducted to date, NJPRO surveyed business leaders, compared the ways other states retain and attract firms, and recommended short- and long-term policies New Jersey can adopt to make its business environment friendlier. In part one of Economic Policies and Solutions: Making New Jersey a Better Place for Business, we summarize the results of a 249-respondent survey and one-on-one interviews with 29 business and economic development leaders. Additionally, we compile rankings of state business climates and highlight the business policies of five highly-rated states. In part two, we make 37 policy recommendations to help improve the state’s business climate – short- and long-term actions in areas such as tax, regulatory, infrastructure, health care and liability laws.

In keeping with NJPRO’s mission to provide research and ideas to the community at large, the organization has posted below all the data and findings that support the two-part summary report.

• Part I: NJ’s Business Climate and How It Compares to Other States (PDF)
• Part II: Policy Recommendations to Improve NJ’s Business Climate (PDF)
• Appendix A: Survey Results and Questions (Entire document) (PDF)
• Appendix B: State Rankings, Secondary Research by Policy Area, Focus Discussions, State Profiles (Entire Document) (PDF)

Economic Policies and Solutions Podcast

• Listen to the NJPRO Podcast using iTunes

Within Appendix B, you can also view the individual components, and a list of those is below:

• Appendix B-1: Identifying Key States & State Rankings

• Appendices B-2 through Appendix B-8: Secondary Data Research Findings By Policy Area
  • Appendix B-2: Tax Policy
  • Appendix B-3: Tax Credits
  • Appendix B-4: Regulatory Policies
  • Appendix B-5: Workforce Policies
  • Appendix B-6: Education
  • Appendix B-7: Innovation
  • Appendix B-8: Cost of Market Entry

• Appendices B-9 through B-13: State Focus Discussions
  • Appendix B-9: Focus Discussion Questions
  • Appendix B-10: State Government Officials
  • Appendix B-11: New Jersey Businesses
  • Appendix B-12: Economic Development Authorities
  • Appendix B-13: Elected Official Associations

• Appendices B-14 through B-32: State Profiles
  • Appendix B-14: New Jersey
  • Appendix B-15: Florida
  • Appendix B-16: Georgia
  • Appendix B-17: North Carolina
  • Appendix B-18: Texas
  • Appendix B-19: Virginia
  • Appendix B-20: Pennsylvania
  • Appendix B-21: New York
  • Appendix B-22: Massachusetts
  • Appendix B-23: Maryland
  • Appendix B-24: Connecticut
  • Appendix B-25: California
  • Appendix B-26: Tennessee
  • Appendix B-27: Utah
  • Appendix B-28: Washington
  • Appendix B-29: Michigan
  • Appendix B-30: Rhode Island
  • Appendix B-31: West Virginia
  • Appendix B-32: Wisconsin