Introduction: New Jersey Download PDF
Though New Jersey’s earliest roots were in agriculture, the state was among the earliest to industrialize. New Jersey is now home to several large industries and a particularly diverse economy. Chemical manufacturing, pharmaceuticals, fabricated metal manufacturing, food processing, and petroleum refining are among the largest industries. New Jersey’s pharmaceutical industry is one of the major engines of the state economy. Nearly half of the national total in drug-related R&D money is spent in New Jersey. The real estate, finance, and insurance industries lead the service sector of New Jersey’s economy and provide a large base of employment. The metropolitan areas of New York and Philadelphia cross into the state and provide a heavy concentration of jobs in a variety of industries. In addition, 130 miles of Atlantic coastline provide a popular tourist destination with quaint seaside towns and boardwalks.
Government
Symbols
State Seal: |
State Quarter: |
Time Zones:
| Standard Time | GMT-5 | |
| Daylight-Saving Time | GMT-4 | |
Statistics
- Per Capita Real GDP :
- $45,052
- Population:
- 8,682,660
- Percent of People Under Poverty Level:
- 8.7%
- Per Capita Personal Income:
- $46,344
- Percent of Population with a Bachelor's Degree:
- 21.2%
- Total Exports:
- $30,462,500,000
Top 5 Export Partner Countries
Canada
United Kingdom
Japan
Mexico
Germany
Top 5 Export Merchandise
Computers and Electronic Products Sales
Chemicals Sales
Textile Mills Manufacturing
Machinery Manufacturing
Computers and Electronic Products Manufacturing
Major Cities
Jersey, Newark, Paterson
Major Airports
| Airport Name | City | |
| EWR | Newark Liberty International | Newark |
Main Ports:
Camden-Gloucester, New York/New Jersey, Paulsboro, Trenton
Corporations
| Company | Fortune 1000 Rank: | Revenues ($millions) | Headquarter City |
| Johnson & Johnson | 36 | 53,324 | New Brunswick |
| Medco Health Solutions | 54 | 42,544 | Franklin Lakes |
| Prudential Financial | 66 | 32,488 | Newark |
| Honeywell Intl. | 69 | 31,367 | Morristown |
| Merck | 99 | 22,636 | Whitehouse Station |