Lots of studies have been bandied about in recent years showing New Jersey way at the bottom in terms of a good business environment — mostly due to high taxes. But a recent report conducted by CNBC rated the Garden State 22nd in “America’s Top States for Business 2010.” The network rated each state on a list of 10 criteria: cost of doing business, workforce, quality of life, economy, transportation, technology and innovation, education, business friendliness, access to capital and cost of living. Predictably, New Jersey ranked low when it came to cost of doing business (44) and cost of living (47). It also fared poorly in business friendliness, meaning regulation and litigation (35) workforce (32) and, surprisingly, transportation infrastructure (32). It scored the highest in its education system (2), access to capital (4) and support for innovation (9). When compared with neighboring states, New Jersey ranked slightly below Pennsylvania (20) and slightly above New York (24). Connecticut (35) and Delaware (42) fared much lower on the scale. Which state ranked highest and lowest: Texas (1) and Alaska (50).
NJ Spotlight exists in part thanks to generous foundation support, including our founding funders the Community Foundation of New Jersey, the John S. and James L. Knight Foundation, and the William Penn Foundation -- as well as the Robert Wood Johnson Foundation, the Fund for New Jersey, the Peter and Carmen Lucia Buck Foundation, the Wyncote Foundation, and the Healthcare Foundation of New Jersey, and the Nicholson Foundation.
Major funding for NJTV News provided by Horizon Blue Cross Blue Shield of New Jersey, New Jersey Education Association, New Jersey Manufacturers Insurance Group, Orsted, PSEG Foundation, the Robert Wood Johnson Foundation, and RWJ Barnabas Health.
Additional support for NJTV News is made possible by the Robert Wood Johnson Foundation, PSEG Foundation, Wells Fargo Foundation, the E.J. Grassmann Trust, the F.M. Kirby Foundation, the Hyde and Watson Foundation, and the Union Foundation.
Major funding provided for Chat Box with David Cruz provided by; New Jersey Manufacturers Insurance Group, New Jersey Education Association, and Fuel Merchants Association of New Jersey. Promotional support provided by InsiderNJ.
Major funding for Reporters Roundtable with David Cruz provided by; RWJBarnabas Health, New Jersey Manufacturers Insurance Group, and New Jersey Realtors. Promotional support provided by New Jersey Business Magazine.