
New Jersey has a great deal to be proud of – and an equally important opportunity in front of us.
According to WalletHub’s 2026 Best States to Live In report, New Jersey ranks as the No. 2 best state to live in America, finishing just behind Idaho. That recognition speaks to many of the strengths we know well: our outstanding schools, talented workforce, quality communities, strategic location and the many assets that make New Jersey an exceptional place to live, work and raise a family.
But another recent ranking tells a very different – and concerning – story.
In a recent column, BINJE Editor Tom Bergeron wrote that with the FIFA World Cup behind us and the Fiscal Year 2027 state budget now signed into law, it’s time for New Jersey to shift its focus to what will ultimately determine our state’s long-term success: building a stronger, more competitive economy.
I couldn’t agree more.
We cannot afford to accept the status quo. The choices we make today will determine whether New Jersey becomes more competitive and prosperous – or continues to fall behind other states.
For years, I have been saying the same thing: making New Jersey more economically competitive must be the top priority of both the governor and the Legislature.
Some may think I sound like a broken record. That's okay. The message remains the same because the challenge remains the same.
Today, however, the urgency feels greater than ever – and the business community has been patient long enough.
One of the most encouraging developments during the first months of the Sherrill administration has been its clear commitment to engaging directly with New Jersey’s business community.
The New Jersey Chamber of Commerce is participating in Gov. Mikie Sherrill’s 21-county business outreach tour – an important initiative designed to hear directly from employers across the state about both the opportunities and challenges of operating a business in New Jersey. The Chamber has been assisting the governor’s office in identifying locations for many of these meetings in partnership with local chambers of commerce, associations, and regional business groups.
At the recent ReNew Jersey Business Summit & Expo, we centered our conversations on a single, defining theme: New Jersey’s economic competitiveness.
More than 850 leaders from across business, government, and the nonprofit community gathered in Atlantic City, and there was an overarching conclusion: New Jersey’s ability to compete depends on how well we prepare for the opportunities in front of us.
That focus could not be timelier.
In just a few months, we will have one of the most unique opportunities in our state’s history. The FIFA World Cup (games are June 11 through July 19), will kick off in the U.S. New Jersey will host eight matches, including the Final at MetLife Stadium — which is expected to be one of the most watched sporting events in history.
Less than a month into Gov. Mikie Sherrill’s administration, there is already a palpable sense of optimism across New Jersey’s business community. Early outreach from the governor, Lt. Gov. Dale Caldwell, and key members of the administration has been positive, robust, and refreshingly open – signaling what many of us have hoped for: a true partnership between state leadership and the employer community.
Gov. Sherrill inherited an extraordinarily complex set of challenges – from fiscal pressures and infrastructure needs to workforce shortages and competitiveness concerns. At the same time, she has had to assemble an entirely new leadership team. That is no small undertaking. The New Jersey Chamber of Commerce truly appreciates the magnitude of these responsibilities, and we are encouraged by the talented staff being put in place to help guide our state forward.
As we approach the Thanksgiving holiday, I want to extend my sincere gratitude to every member of the New Jersey Chamber of Commerce for your partnership, commitment, and engagement throughout 2025. This year, your support has helped drive the Chamber’s mission forward in countless meaningful ways.