New Jersey Business & Industry Association

New Jersey state flag on money
Jun 10, 2026

NJBIA: New Jersey ranks last in regional business climate

NJBIA's 2026 analysis ranks New Jersey last in the region for business climate, citing high taxes, property taxes and costs.

Gov. Mikie Sherrill gives her first Budget Address in the Assembly Chambers of the State House in Trenton on March 10, 2026.
Mar 19, 2026

NJ FY27 budget hearing highlights business tax concerns

Lawmakers heard testimony this week on Gov. Mikie Sherrill's proposed $60.7 billion spending plan for fiscal year 2027. Business groups raised concerns over tax proposals, employers costs and fiscal growth.

Gov. Mikie Sherrill gives her first Budget Address in the Assembly Chambers of the State House in Trenton on March 10, 2026.
Mar 11, 2026

Business groups react to Sherrill’s $60.7B NJ budget, mixed reviews (updated)

Business groups and policy advocates are weighing in on Gov. Mikie Sherrill’s $60.7 billion spending plan, applauding cuts and reforms while noting tax concerns.

Polls are open from 6 a.m. to 8 p.m. on Election Day.
Oct 8, 2025

NJBIA launches video series to inform voters before election

The New Jersey Business & Industry Association debuts its Blueprint Minute playlist to help New Jerseyans understand key business issues and the gubernatorial candidates’ policy positions.

Next New Jersey Manufacturing Program bill signing
Sep 8, 2025

Law enacted with bipartisan support provides $500M for NJ manufacturing

Following its launch, New Jersey's Next Manufacturing Program moves ahead with NJEDA draft rules, a clean energy focus and job-creating incentives.

On June 5, 2025, Gov. Phil Murphy was joined by other state officials to announce energy bill relief at the New Jersey Economic Development Authority's headquarters in Newark.
Jul 21, 2025

Business leaders find significant flaws in Murphy’s last budget

While Democrats celebrate the record $58.8 billion spending plan, critics warn of rising costs and future fiscal risk.

Gov. Phil Murphy delivered his Fiscal Year 2026 Budget Address in the general assembly chambers of the State House on Feb. 25, 2025.
Jul 1, 2025

Murphy signs $58.8B NJ budget with tax hikes, relief aid

The spending plan includes the largest property tax relief package in state history – as well as tax increases on nicotine, sports betting, internet gaming and more.

Republican Jack Ciattarelli and Democrat Mikie Sherrill
Jun 17, 2025

NJBIA to host Ciattarelli, Sherrill at key business forum (updated)

The annual Employer Legislative Committee Reception offers the chance for the primary winners to directly engage with the state’s job creators.

Makers Madness – The Coolest Thing Made in New Jersey
May 23, 2025

Coolest Thing Made in NJ revealed at manufacturing summit

This year's event, which marks the transition from the NJMEP to the NJBIA, allowed the industry to discuss current challenges and also crowned the winner of the inaugural contest.

Gov. Phil Murphy delivered his Fiscal Year 2026 Budget Address in the general assembly chambers of the State House on Feb. 25, 2025.
Apr 3, 2025

Amid uncertain conditions, NJ lawmakers deliberate $58B budget

The Assembly and Senate Budget committees each held public hearings, gathering feedback from a wide variety of constituents and groups on a range of issues concerning the record spending plan.

An aerial view of cargo vessels at Port Newark, shown in September 2020.
Apr 3, 2025

Trump unveils sweeping tariff plan

President Donald Trump made the "declaration of economic independence," signing an executive order April 2 and declaring it "one of the most important days, in my opinion, in American history." More on the plan.

New Jersey State House in Trenton
Mar 21, 2025

Budget hearings get underway in Trenton

Running over seven hours, representatives from the New Jersey Chamber of Commerce, NJBIA, New Jersey Council of County Colleges, the Chamber of Commerce Southern New Jersey and others voiced concerns and offered feedback about the governor's proposed $58 billion spending plan.