fiscal stability

New Jersey City University
Apr 3, 2026

Moody’s upgrades NJCU to investment grade

Moody's Ratings cited New Jersey City University's debt reduction, improved liquidity and progress toward its planned merger with Kean University.

New Jersey flag with transparent dollars
Oct 9, 2025

NJ credit outlook upgraded to positive by KBRA

Kroll Bond Rating Agency cited pension reductions, conservative budgeting and strong fiscal management under the Murphy administration in its announcement.

New Jersey state flag on money
Sep 25, 2025

NJ business tax plunge sparks alarm from NJ Chamber

President and CEO Tom Bracken warns the dramatic dip signals economic risks, as CBT and BAIT collections fell sharply last month, despite overall revenue growth.

New Jersey flag with transparent dollars
Sep 18, 2025

Moody’s upgrades NJ credit rating to Aa3

The agency cited strong surpluses, full pension payments and reduced debt under the current administration.

Stock market
Aug 11, 2025

S&P Global boosts NJ bond rating to A+ (updated)

Marking the eighth upgrade under the Murphy administration, the agency cited stronger reserves and reduced liabilities in its latest report.

New Jersey chalkboard
May 7, 2025

NJ ranks No. 1 in education in U.S. News’ Best States list

However, the state dropped several spots on the overall ranking from last year's placement, which weighs additional categories such as health care, economy, infrastructure, crime & corrections and natural environment.