Section
Finance & Economy
Markets, real estate, and the economic pulse of Newark and Jersey City.

New Jersey State Budget Adds Record Investment in Infrastructure
New Jersey's newly signed state budget includes a record infrastructure allocation targeting transit, bridge repair, and coastal flood mitigation projects.

Newark Startup Incubators Report Record Venture Funding Year
Startups affiliated with Newark's growing network of business incubators raised a record amount of venture funding this year, signaling growing investor confidence in the city's tech ecosystem.

Jersey City Waterfront Condo Prices Climb Amid Limited Supply
Condo prices along the Jersey City waterfront continue climbing as new construction fails to keep pace with demand from buyers priced out of Manhattan.

Regional Banks in New Jersey Expand Branches in Underserved Communities
Several regional banks are opening new branches in New Jersey communities that have lacked convenient access to traditional banking services, part of a broader financial inclusion push.

State Economists Project Steady Growth for New Jersey Through 2027
State economists released a forecast projecting steady, moderate economic growth for New Jersey through 2027, citing healthcare, logistics, and financial services as key drivers.

Garden State Housing Market Sees Inventory Rise for First Time in Three Years
New Jersey's housing inventory grew for the first time in three years this spring, offering modest relief to buyers who have faced a persistently tight market.

New Jersey Unemployment Rate Falls to Lowest Level in a Decade
New Jersey's unemployment rate dropped to its lowest level in ten years, driven by hiring gains in healthcare, logistics, and financial services.

Port of Newark-Elizabeth Sets Cargo Volume Record
The Port of Newark-Elizabeth handled a record volume of cargo containers last quarter, cementing its position as one of the busiest ports on the East Coast.

Jersey City Skyline Adds Record Office Tower Amid Financial Sector Growth
A new 62-story office tower is rising along the Jersey City waterfront, the tallest addition to the skyline in over a decade, driven by continued financial sector relocation from Manhattan.