Editing New Jersey (section)

===Industries===
{{further|Biotech and pharmaceutical companies in New Jersey}}
[[File:Cranberrys beim Ernten.jpeg|thumb|[[Cranberry]] harvest]]
New Jersey's economy is multifaceted, featuring high levels of both [[productivity]] and [[retail|retail consumption]]; the Garden State's economy comprises the [[pharmaceutical industry]], [[biotechnology]], [[information technology]], the [[financial industry]], [[tourism]], [[filmmaking]], [[telecommunications]], [[gambling]], food processing, electrical equipment manufacturing, printing, and publishing. New Jersey's agricultural outputs are nursery stock, horses, vegetables, fruits and nuts, seafood, and dairy products.<ref>{{cite web|url=http://www.njbiz.com/article/20170613/NJBIZ01/170619950/maersk-aims-to-shore-up-nj-shipping-industry-with-direct-financing-service.|title=Maersk aims to shore up N.J. shipping industry with direct financing service—NJBIZ|date=June 13, 2017|access-date=June 23, 2017|archive-date=August 4, 2020|archive-url=https://web.archive.org/web/20200804090212/http://www.njbiz.com/article/20170613/NJBIZ01/170619950/maersk-aims-to-shore-up-nj-shipping-industry-with-direct-financing-service.|url-status=live}}</ref> New Jersey ranks second among states in [[blueberry]] production, third in [[cranberry|cranberries]] and [[spinach]], and fourth in [[bell peppers]], [[peach]]es, and [[lettuce|head lettuce]].<ref>{{cite news|author=Judith H. Dobrzynski|title=A Garden Crawl Through the Garden State|url=https://www.nytimes.com/2010/06/25/garden/25garden.html|work=The New York Times|date=June 24, 2010|access-date=June 25, 2010|author-link=Judith H. Dobrzynski|archive-url=https://web.archive.org/web/20100627041310/http://www.nytimes.com/2010/06/25/garden/25garden.html|archive-date=June 27, 2010|url-status=live}}</ref> The state harvests the fourth-largest number of acres planted with [[asparagus]].<ref>{{cite news|title=It's No Tomato, but a Stalk Gets Some Respect|url=https://www.nytimes.com/2012/05/06/nyregion/in-new-jersey-asparagus-takes-its-place-at-the-table.html#h|work=[[The New York Times]]|date=May 4, 2012|access-date=May 7, 2012|archive-url=https://web.archive.org/web/20120508154350/http://www.nytimes.com/2012/05/06/nyregion/in-new-jersey-asparagus-takes-its-place-at-the-table.html#h|archive-date=May 8, 2012|url-status=live}}</ref> [[South Jersey]] has become an [[East Coast of the United States|East Coast epicenter]] for [[logistics]] and [[warehouse]] construction.<ref name=SouthJerseyEastCoastLogisticsEpicenter>{{cite web|url=https://www.njspotlightnews.org/2021/05/warehouses-sprawl-northern-nj-central-nj-newmark-reports-greenfields/amp/|title=Report details surge in warehouse construction...|author=Jon Hurdle|publisher=NJ Spotlight News|date=May 13, 2021|access-date=January 3, 2023|quote=In South Jersey, the area has become the "epicenter" of warehouse construction in the greater Philadelphia region.|archive-date=July 9, 2023|archive-url=https://web.archive.org/web/20230709172509/https://www.njspotlightnews.org/2021/05/warehouses-sprawl-northern-nj-central-nj-newmark-reports-greenfields/amp/|url-status=dead}}</ref>

====Scientific economy====
New Jersey has a strong [[scientist|scientific economy]] and is home to major pharmaceutical and telecommunications firms, drawing on the state's large and well-educated labor pool, including one of the highest concentrations of [[engineer]]s and other scientists in the world. There is also a robust service economy in retail sales, education, and real estate, serving residents who work in New York City or Philadelphia. [[Thomas Edison]] invented the first [[electric light bulb]] at his home in [[Menlo Park, New Jersey|Menlo Park, Edison]] in 1879. New Jersey is also a key participant in the [[wind industry|renewable wind industry]]. New Jersey has more scientists and engineers per square mile than anywhere in the world,<ref>{{Cite web |title=New Jersey leads world in number of scientists, engineers per square mile |url=https://www.politifact.com/factchecks/2012/sep/06/choose-new-jersey/new-jersey-leads-world-number-scientists-engineers/ |access-date=March 18, 2022 |website=@politifact |language=en-US |archive-date=March 18, 2022 |archive-url=https://web.archive.org/web/20220318225324/https://www.politifact.com/factchecks/2012/sep/06/choose-new-jersey/new-jersey-leads-world-number-scientists-engineers/ |url-status=live }}</ref> and is a global leader in [[pharmaceuticals]], [[biotechnology]], [[life sciences]], and [[technology]].<ref>{{Cite web |title=Business.NJ.gov {{!}} What are New Jersey's principal industries? |url=https://business.nj.gov/faqs/what-are-new-jerseys-principal-industries |access-date=March 18, 2022 |website=business.nj.gov |archive-date=March 19, 2022 |archive-url=https://web.archive.org/web/20220319081949/https://business.nj.gov/faqs/what-are-new-jerseys-principal-industries |url-status=live }}</ref><ref>{{Cite web |title=New Jersey's Economy: The Top Industries Driving GDP Growth |url=https://www.investopedia.com/articles/investing/011316/new-jerseys-economy-9-industries-driving-gdp-growth.asp |access-date=March 18, 2022 |website=Investopedia |language=en |archive-date=March 18, 2022 |archive-url=https://web.archive.org/web/20220318225325/https://www.investopedia.com/articles/investing/011316/new-jerseys-economy-9-industries-driving-gdp-growth.asp |url-status=live }}</ref>

====Corporate and retail====
New Jersey hosts numerous business headquarters, including twenty-four [[Fortune 500]] companies.<ref>{{cite news|url=https://money.cnn.com/magazines/fortune/fortune500/2007/states/NJ.html|title=Fortune 500 2007—States: New Jersey|date=March 30, 2007|access-date=May 30, 2007|publisher=CNN|archive-url=https://web.archive.org/web/20070609221731/http://money.cnn.com/magazines/fortune/fortune500/2007/states/NJ.html|archive-date=June 9, 2007|url-status=live}}</ref> [[Paramus, New Jersey|Paramus]] in [[Bergen County, New Jersey|Bergen County]] has become the top retail [[ZIP code]] (07652) in the United States, with the municipality generating over US$6&nbsp;billion in annual retail sales.<ref name=ParamusNumberOneRetailZipCode>{{cite web|url=https://www.nj.com/bergen/2019/03/more-shopping-money-is-spent-in-this-nj-town-than-on-rodeo-drive-take-that-cali.html|title=Inside the N.J. town where retail spending beats Hollywood and tourism rivals Disney|author=Allison Pries|publisher=New Jersey On-Line LLC|date=March 10, 2019|access-date=May 5, 2019|quote=The former farming community already sees more retail sales than any other zip code in the country{{nbsp}}... More than $6 billion in retail sales happen in Paramus each year.|archive-url=https://web.archive.org/web/20191030055322/https://www.nj.com/bergen/2019/03/more-shopping-money-is-spent-in-this-nj-town-than-on-rodeo-drive-take-that-cali.html|archive-date=October 30, 2019|url-status=live}}</ref> Several New Jersey counties, including [[Somerset County, New Jersey|Somerset]] (7), [[Morris County, New Jersey|Morris]] (10), [[Hunterdon County, New Jersey|Hunterdon]] (13), Bergen (21), and [[Monmouth County, New Jersey|Monmouth]] (42), have been ranked among the [[highest-income counties in the United States]].

====Shipping, manufacturing, and logistics====
Shipping is a key industry in New Jersey because of the state's strategic geographic location, the [[Port of New York and New Jersey]] being the busiest port on the East Coast. The [[Port Newark-Elizabeth Marine Terminal]] was the world's first [[container port]] and today is one of the world's largest. New Jersey's location at the center of the [[Eastern North America]]n population belt has made the state a prime hub for the logistics, warehousing, and [[supply chain]] management industries. The [[manufacturing]] economy in New Jersey had declined for several decades in the post-[[Industrial Revolution]] era but has since resumed growth.

====Tourism====
[[File:A sunset view of the beach in Atlantic City, NJ.jpg|thumb|[[Sunset]] on the beach at [[Atlantic City, New Jersey|Atlantic City]], an [[seaside resort|oceanfront resort]] and the nexus of New Jersey's [[casino|gambling industry]]]]
New Jersey's location at the center of the [[Northeast megalopolis]] and its extensive transportation system have put over one-third of all United States residents and many Canadian residents within overnight distance by land. This accessibility to consumer revenue has enabled [[seaside resort]]s such as [[Atlantic City, New Jersey|Atlantic City]] and the remainder of the [[Jersey Shore]], as well as the state's other natural and cultural attractions, to contribute significantly to the record 111&nbsp;million tourist visits to New Jersey in 2018, providing US$44.7&nbsp;billion in tourism revenue, directly supporting 333,860 jobs, sustaining more than 531,000 jobs overall including peripheral impacts, and generating US$5&nbsp;billion in state and local tax revenue.<ref>{{cite web|url=https://www.nj.com/business/2019/05/tourism-spending-is-up-in-nj-and-itll-be-even-better-when-american-dream-is-built-murphy-says.html|title=Tourism spending is up in N.J., and it'll be even better when American Dream is built, Murphy says|author=Bill Duhart|publisher=New Jersey On-Line LLC|date=May 9, 2019|access-date=May 9, 2019|archive-url=https://web.archive.org/web/20190510001420/https://www.nj.com/business/2019/05/tourism-spending-is-up-in-nj-and-itll-be-even-better-when-american-dream-is-built-murphy-says.html|archive-date=May 10, 2019|url-status=live}}</ref>

====Gambling====
{{Main|Gambling in New Jersey}}

In 1976, a [[referendum]] by Jersey voters approved [[casino]] gambling in Atlantic City, where the first legalized casino opened in 1978.<ref>{{cite web|url=http://njmonthly.com/articles/towns_and_schools/history/30-and-counting-legalized-gambling.html|title=30 and Counting: Legalized Gambling|author=Brett Avery|website=New Jersey Monthly|date=February 5, 2008|access-date=October 24, 2013|url-status=dead|archive-url=https://web.archive.org/web/20131030001609/http://njmonthly.com/articles/towns_and_schools/history/30-and-counting-legalized-gambling.html|archive-date=October 30, 2013}}</ref> At that time, [[Las Vegas Valley|Las Vegas]] was the only other casino resort in the country.<ref>{{cite news |title=Gambling Becomes Legal in New Jersey |url=https://news.google.com/newspapers?id=ejEeAAAAIBAJ&pg=4008,3062175&dq=gambling+in+new+jersey&hl=en |quote=The nation's only legal gambling casino outside Nevada won state approval Thursday night and planned Friday morning opening{{nbsp}}... |agency=Associated Press |date=May 26, 1978 |access-date=November 4, 2010 |url-status=dead |archive-url=https://web.archive.org/web/20110713173036/http://www.newsweek.com/feature/2011/americas-best-high-schools.html |archive-date=July 13, 2011 }}</ref> Today, several casinos lie along the Atlantic City [[Atlantic City#Boardwalk|Boardwalk]], the oldest and longest boardwalk in the world, at {{Convert|5+1/2|mi}} in length.<ref name=Oyster2015>{{cite web |last1=Fazzalaro |first1=Kristinna |title=The 9 Best Boardwalks in the USA |url=https://www.oyster.com/articles/the-9-best-boardwalks-in-the-u-s/ |website=Oyster |date=April 10, 2015 |access-date=January 25, 2022 |archive-date=January 25, 2022 |archive-url=https://web.archive.org/web/20220125155933/https://www.oyster.com/articles/the-9-best-boardwalks-in-the-u-s/ |url-status=live }}</ref> Atlantic City experienced a dramatic contraction in its stature as a gambling destination after 2010, including the closure of multiple casinos since 2014, spurred by competition from the advent of legalized gambling in other northeastern U.S. states.<ref>{{cite web|url=http://philly.curbed.com/2016/8/4/12376514/trump-taj-mahal-closed-atlantic-city-casinos|title=The Shuttered Casinos of Atlantic City|author=Melissa Romero|date=August 4, 2016|access-date=December 3, 2016|archive-url=https://web.archive.org/web/20161220150814/http://philly.curbed.com/2016/8/4/12376514/trump-taj-mahal-closed-atlantic-city-casinos|archive-date=December 20, 2016|url-status=live}}</ref><ref>{{cite news|url=http://www.northjersey.com/news/revel-had-wanted-to-shut-down-casino-on-monday-1.1068856|title=Revel had wanted to shut down casino on Monday|author=Wayne Parry, Associated Press|newspaper=Northjersey.com |date=August 17, 2014|access-date=August 18, 2014|archive-url=https://web.archive.org/web/20140903180728/http://www.northjersey.com/news/revel-had-wanted-to-shut-down-casino-on-monday-1.1068856|archive-date=September 3, 2014|url-status=live}}</ref>

On February 26, 2013, Governor Chris Christie signed [[online gambling]] into law.<ref>{{cite web|url=http://www.nj.com/politics/index.ssf/2013/02/gov_christie_signs_internet_ga.html|title=Gov. Christie signs internet gambling into law|author=Ryan Hutchins|date=February 27, 2013|work=[[The Star (Christchurch)|The Star]]-Ledger|access-date=April 2, 2013|archive-url=https://web.archive.org/web/20130306012127/http://www.nj.com/politics/index.ssf/2013/02/gov_christie_signs_internet_ga.html|archive-date=March 6, 2013|url-status=live}}</ref> [[Sports betting]] has become a growing source of gambling revenue in New Jersey, with sportsbooks bringing in almost $12 billion in bets, making over $1 billion in revenue in 2023. Since being legalized across the nation by the [[U.S. Supreme Court]] on May 14, 2018, New Jersey led all states in sports betting handle until New York passed them.<ref>{{cite web|url=https://www.cnn.com/2018/05/14/politics/sports-betting-ncaa-supreme-court/index.html|title=Supreme Court lets states legalize sports gambling|author=Ariane de Vogue and Maegan Vazquez|publisher=[[CNN]]|date=May 14, 2018|access-date=May 9, 2019|quote=The 6–3 ruling is a victory for New Jersey and other states who have considered allowing sports gambling as a way to encourage tourism and tax revenue.|archive-url=https://web.archive.org/web/20190514002620/https://www.cnn.com/2018/05/14/politics/sports-betting-ncaa-supreme-court/index.html|archive-date=May 14, 2019|url-status=live}}</ref><ref>{{cite magazine|url=https://www.si.com/betting/2022/07/01/sportsbook-handle-revenue-may-2022-new-york-leads-states|title=New York Leads States in May Sportsbook Handle|author=Frankie Tadded|magazine=[[Sports Illustrated]]|date=July 1, 2022|access-date=February 18, 2023|quote=New York posted the highest sportsbook handle for May, followed by New Jersey, Nevada and Pennsylvania.|archive-date=February 18, 2023|archive-url=https://web.archive.org/web/20230218082411/https://www.si.com/betting/2022/07/01/sportsbook-handle-revenue-may-2022-new-york-leads-states|url-status=live}}</ref> In September 2022, the lifetime revenue from [[online casinos]] operating in New Jersey for the nine years since the industry's launch had surpassed $5 billion.<ref>{{Cite web|title=US Online Gambling is Poised for Expansion|url=https://apnews.com/article/sports-new-jersey-illinois-atlantic-city-2287780f1d9aa12f59cf0ced1f25fca2|date=September 23, 2022|access-date=January 23, 2023|website=APNews|language=en-US|archive-date=January 23, 2023|archive-url=https://web.archive.org/web/20230123141339/https://apnews.com/article/sports-new-jersey-illinois-atlantic-city-2287780f1d9aa12f59cf0ced1f25fca2|url-status=live}}</ref>

====Media====
[[File:USA telephone area code map - New Jersey.svg|thumb|upright|New Jersey's telephone [[Telephone numbering plan|area codes]]]]

=====Television and film production=====
{{Main|Television and film of New Jersey}}

New Jersey is a growing center for [[filmmaking]] and [[television production]],<ref name=NewJerseyFilmTelevsionProductionHub1>{{cite web|url=https://njmonthly.com/articles/arts-entertainment/hollywood-east-inside-new-jerseys-thriving-film-and-tv-industries/|title=Hollywood East: Inside New Jersey's Thriving Film and TV Industries|author=Jacqueline Mroz|publisher=New Jersey Monthly|date=November 18, 2022|access-date=February 28, 2023|archive-date=February 28, 2023|archive-url=https://web.archive.org/web/20230228180613/https://njmonthly.com/articles/arts-entertainment/hollywood-east-inside-new-jerseys-thriving-film-and-tv-industries/|url-status=live}}</ref> with [[digital media|media companies]], enticed by its proximity to [[Manhattan]], in conjunction with [[tax incentive]]s, collectively spending billions of dollars to develop large new [[film studio|studio facilities]] and [[sound stage]] complexes.<ref name=NewJerseyFilmTelevisionProductionHub2>{{cite web|url=https://jerseydigs.com/netflix-studio-new-jersey/|title=Netflix Bets Big on New Jersey, Unveils $900M Mega-Studio|author=Chris Fry|publisher=Jersey Digs|date=February 28, 2023|access-date=February 28, 2023|archive-date=February 28, 2023|archive-url=https://web.archive.org/web/20230228183713/https://jerseydigs.com/netflix-studio-new-jersey/|url-status=live}}</ref> Motion picture technology was developed by [[Thomas Edison]], with much of his early work done at his [[West Orange, New Jersey|West Orange]] laboratory. [[Edison's Black Maria]] was the first motion picture studio. [[America's first motion picture industry]] started in 1907 in [[Fort Lee, New Jersey|Fort Lee]] and the first studio was constructed there in 1909.<ref>{{cite web|url=http://www.fortleefilm.org/|title=Fort Lee Film Commission &#124; Fort Lee, NJ|publisher=Fortleefilm.org|access-date=May 17, 2012|archive-url=https://web.archive.org/web/20120420104317/http://www.fortleefilm.org/|archive-date=April 20, 2012|url-status=live}}</ref> [[DuMont Laboratories]] in [[Passaic, New Jersey|Passaic]] developed early sets and made the first broadcast to the private home.

A number of television shows and films have been filmed in New Jersey. Since 1978, the state has maintained a Motion Picture and Television Commission to encourage filming in-state.<ref>{{cite web|url=http://www.njfilm.org/|title=NJ Motion Picture & Television Commission|publisher=Njfilm.org|access-date=May 17, 2012|archive-url=https://web.archive.org/web/20120510000920/http://www.njfilm.org/|archive-date=May 10, 2012|url-status=live}}</ref> New Jersey has long offered tax credits to television producers. Governor Chris Christie suspended the credits in 2010, but the [[New Jersey State Legislature]] in 2011 approved the restoration and expansion of the tax credit program. Under bills passed by both the state Senate and Assembly, the program offers 20 percent tax credits (22% in [[urban enterprise zone]]s) to television and film productions that shoot in the state and meet set standards for hiring and local spending.<ref name=crewsback>{{cite news|last=Wright|first=E. Assata|title=Getting the film crews back to NJ Gov. to decide future of tax credit that benefited Hudson County|work=Hudson Reporter|date=February 20, 2011|url=http://www.hudsonreporter.com/view/full_story/11505447/article-Getting-the-film-crews-back-to-NJ-Gov--to-decide-future-of-tax-credit-that-benefited-Hudson-County-?|access-date=February 21, 2011|archive-url=https://web.archive.org/web/20110712230629/http://www.hudsonreporter.com/view/full_story/11505447/article-Getting-the-film-crews-back-to-NJ-Gov--to-decide-future-of-tax-credit-that-benefited-Hudson-County-|archive-date=July 12, 2011|url-status=dead}}</ref> When Governor Phil Murphy took office, he instated the New Jersey Film & Digital Media Tax Credit Program in 2018 and expanded it in 2020. The benefits include a 30% tax credit on film projects and a 40% subsidy for studio developments.<ref>{{cite news |last1=Bergeron |first1=Tom |title=Every state is looking to take business from Georgia — here's why N.J. has legitimate chance to do so |url=https://www.roi-nj.com/2021/04/05/opinion/editors-desk/every-state-is-looking-to-take-business-from-georgia-heres-why-n-j-has-legitimate-chance-to-do-so/ |access-date=April 7, 2021 |work=ROI NJ |archive-date=April 5, 2021 |archive-url=https://web.archive.org/web/20210405185516/https://www.roi-nj.com/2021/04/05/opinion/editors-desk/every-state-is-looking-to-take-business-from-georgia-heres-why-n-j-has-legitimate-chance-to-do-so/ |url-status=live }}</ref>

=====Newspapers=====
{{div col|colwidth=20em}}
* ''[[Asbury Park Press]]''
* ''[[Burlington County Times]]''
* ''[[Courier News]]''
* ''[[Courier-Post]]''
* ''[[Daily Record (Morristown)|Daily Record]]'' (Morristown)<ref>{{cite web|url=http://www.nj.com/mediakit/ |title=New Jersey Advertising |work=The Star-Ledger |access-date=July 25, 2010 |url-status=dead |archive-url=http://webarchive.loc.gov/all/20080919141432/http://www.nj.com/mediakit/ |archive-date=September 19, 2008 }}</ref>
* ''[[The Express-Times]]''
* ''[[Gloucester County Times]]''
* ''[[Herald News]]''
* ''[[Home News Tribune]]''
* ''[[Hunterdon County Democrat]]''
* ''[[Jersey Journal]]''
* ''[[New Jersey Herald]]''<ref>{{cite web|url=http://www.njherald.com|title=The New Jersey Herald: Top Stories|publisher=Njherald.com|access-date=July 25, 2010|archive-url=https://web.archive.org/web/20100721213410/http://www.njherald.com/|archive-date=July 21, 2010|url-status=live}}</ref>
* ''[[The News of Cumberland County]]''
* ''[[The Press of Atlantic City]]''
* ''[[The Record (North Jersey)|The Record]]''<ref>{{cite web|url=http://www.northjersey.com|title=providing local news, sports & classifieds for Northern New Jersey!|publisher=NorthJersey.com|access-date=July 25, 2010|archive-url=https://web.archive.org/web/20100724182047/http://www.northjersey.com/|archive-date=July 24, 2010|url-status=live}}</ref>
*''[[South Jersey Times]]''
* ''[[The Star-Ledger]]''
* [[The Times (Trenton)|''The Times'' (Trenton)]]
* ''[[Today's Sunbeam]]''
* ''[[Trentonian]]'' (Mercer)
{{div col end}}

=====Radio stations=====
{{main|List of radio stations in New Jersey}}

=====Television stations=====
New Jersey has several [[PBS]] member stations: [[WNET]] (13) in [[Newark, New Jersey|Newark]], [[WNJN (TV)|WNJN]] (50) in [[Montclair, New Jersey|Montclair]], WNJB (58) in [[New Brunswick, NJ|New Brunswick]], WNJS (23) in [[Camden, New Jersey|Camden]] and WNJT (52) in [[Trenton, NJ|Trenton]].

There are no standard commercial [[network affiliate]]s in the state. [[WMGM-TV]] ([[Wildwood, New Jersey|Wildwood]]) lost its affiliation with [[NBC]] in 2014. Viewers in northern New Jersey receive [[Media in New York City#Television|New York City market]] stations over cable or over the air; southern New Jersey viewers receive [[Media in Philadelphia#Television stations|Philadelphia market]] stations over cable or over the air.

WMGM now affiliates with the [[True Crime Network]]. [[WJLP]] ([[Middletown, New Jersey|Middletown]]) affiliates with the retro network [[MeTV]]. There are [[Telemundo]] affiliates in Fort Lee, Linden and Mount Laurel, and [[Univision]] affiliates in Paterson and Vineland.

====Finance as Wall Street West====
[[Image:Jersey City Skyline sunset (cropped).jpg|thumb|The waterfront of [[Downtown Jersey City]], dubbed [[Wall Street West]]<ref name=JerseyCityWaterfrontWallStreetWest/>]]
[[Jersey City]]'s [[Downtown Jersey City|Hudson River waterfront]], from [[Exchange Place (Jersey City)|Exchange Place]] to [[Newport, Jersey City|Newport]], is known as [[Wall Street West]]<ref name=JerseyCityWaterfrontWallStreetWest>[https://cms.dot.gov/sites/dot.gov/files/docs/NJ%20Jersey%20City.pdf A Vision for Smart Transit in Jersey City] {{Webarchive|url=https://web.archive.org/web/20161226215056/https://cms.dot.gov/sites/dot.gov/files/docs/NJ%20Jersey%20City.pdf |date=December 26, 2016 }}, [[United States Department of Transportation]], February 4, 2016. Retrieved July 18, 2017. "Development along the Hudson River waterfront led to the development of the 'Wall Street West' financial district, one of the largest centers of banking and finance in the nation."</ref> and has over 13&nbsp;million square feet of [[Class A office|Class A office space]]. One third of the [[private sector]] jobs in the city are in the [[finance|financial services]] sector: more than 60% are in the [[Security (finance)|securities industry]], 20% are in banking and 8% in [[insurance]].<ref>{{cite web|title=Your Gateway to Opportunity, Enterprise Zone Five Year Strategic Plan 2010|url=http://www.jcedc.org/Pages/JerseyCity%20UEZ_Economics.pdf|publisher=Jersey City Economic Development Corporation|access-date=May 23, 2013|url-status=dead|archive-url=https://web.archive.org/web/20131028234728/http://www.jcedc.org/Pages/JerseyCity%20UEZ_Economics.pdf|archive-date=October 28, 2013}}</ref> Jersey City is home to the headquarters of [[Verisk Analytics]] and [[Lord Abbett]],<ref name=StarLedger>Todd, Susan. [http://www.nj.com/business/index.ssf/2009/10/verisk_analytics_sells_8525_mi.html "Verisk Analytics of Jersey City raises $1.9B in stock offering"] {{Webarchive|url=https://web.archive.org/web/20190214175447/https://www.nj.com/business/index.ssf/2009/10/verisk_analytics_sells_8525_mi.html |date=February 14, 2019 }}, ''[[The Star-Ledger]]'', October 8, 2009. Retrieved October 8, 2009.</ref> a privately held money management firm.<ref>[http://www.lordabbett.com/us/la2/contact_us Lord Abbett: Contact Us] {{Webarchive|url=https://web.archive.org/web/20111225202053/http://www.lordabbett.com/us/la2/contact_us |date=December 25, 2011 }}. Retrieved April 2, 2011.</ref> Companies such as [[Computershare]], [[Automatic Data Processing|ADP]], [[IPC Systems]], and [[Fidelity Investments]] also conduct operations in the city.<ref>[http://www.hudsonedc.org/hudson-employers.pdf Major Employer's List] {{webarchive|url=https://web.archive.org/web/20110718191705/http://www.hudsonedc.org/hudson-employers.pdf |date=July 18, 2011 }}, Hudson County Economic Development Corporation. Retrieved March 18, 2011.</ref> In 2014, ''[[Forbes]]'' magazine moved its headquarters to the district, having been awarded a $27&nbsp;million tax grant in exchange for bringing 350 jobs to the city over a ten-year period.<ref>Staff. [http://www.nj.com/hudson/index.ssf/2014/12/forbes_moving_to_new_jersey_city_offices_monday_report_says.html 'Forbes moving into Jersey City offices on Monday, report says"] {{Webarchive|url=https://web.archive.org/web/20180915084634/https://www.nj.com/hudson/index.ssf/2014/12/forbes_moving_to_new_jersey_city_offices_monday_report_says.html |date=September 15, 2018 }}, ''[[The Jersey Journal]]'', December 12, 2014. Retrieved June 1, 2015. "Forbes has committed to spending 10 years in Jersey City, for which it will receive a $27 million Grow New Jersey tax grant because of its pledge to bring at least 350 jobs to the state."</ref> By the early 2020s, the construction of residential [[skyscraper]]s Downtown made median rental rates in Jersey City amongst the highest of any city in the United States.<ref>{{cite news|url=https://nypost.com/2022/07/29/jersey-city-is-now-americas-most-expensive-city-to-live-in/|title=This New Jersey city is now America's most expensive to live in|author=Mary K. Jacob|newspaper=New York Post|date=July 29, 2022|access-date=March 1, 2023|archive-date=January 30, 2023|archive-url=https://web.archive.org/web/20230130223949/https://nypost.com/2022/07/29/jersey-city-is-now-americas-most-expensive-city-to-live-in/amp/|url-status=live}}</ref>

====Natural resources and energy====
{{See also|List of power stations in New Jersey}}
Limited mining activity of [[zinc]], iron, and [[manganese]] still takes place in the area in and around the [[Franklin Furnace]] in [[Sussex County, New Jersey|Sussex County]].

Although New Jersey is home to many energy-intensive industries, its energy consumption is only 2.7% of the U.S. total, and its [[carbon dioxide emissions]] are 0.8% of the U.S. total. New Jersey's electricity comes primarily from natural gas and nuclear power.<ref>{{Cite web|title=New Jersey – State Energy Profile Overview|url=https://www.eia.gov/state/?sid=NJ|access-date=January 9, 2022|website=U.S. Energy Information Administration (EIA)|archive-date=January 9, 2022|archive-url=https://web.archive.org/web/20220109060908/https://www.eia.gov/state/?sid=NJ|url-status=live}}</ref> New Jersey is seventh in the nation in [[Solar power in New Jersey|solar power]] installations,<ref>{{Cite web|title=New Jersey Solar|url=https://www.seia.org/state-solar-policy/new-jersey-solar|access-date=January 9, 2022|website=SEIA|language=en|archive-date=January 9, 2022|archive-url=https://web.archive.org/web/20220109060220/https://www.seia.org/state-solar-policy/new-jersey-solar|url-status=live}}</ref> enabled by one of the country's most favorable [[net metering]] policies and [[Renewable portfolio standards in the United States|renewable portfolio standard]]. The state has more than 140,000 solar installations.<ref>{{Cite web|title=Solar Activity Reports {{!}} NJ OCE Web Site|url=https://njcleanenergy.com/renewable-energy/project-activity-reports/project-activity-reports|access-date=January 9, 2022|website=njcleanenergy.com|archive-date=January 20, 2022|archive-url=https://web.archive.org/web/20220120175005/https://njcleanenergy.com/renewable-energy/project-activity-reports/project-activity-reports|url-status=live}}</ref>