The New Jersey Chamber of Commerce congratulates the New Jersey Economic Development Authority on receiving $255 million in federal funds to support small businesses – and we are appreciative to them for creating six programs that target important sectors to our state’s growth.
We are pleased that our state leaders recognize that entrepreneurs and small businesses need assistance.
In addition to this, it is important for the state to continue to look for ways to assist the general business community with their working capital needs as they continue to deal with high inflation, supply chain issues, rising energy costs, a lack of skilled workers and other factors out of their control.
The announcement is great news for the business community – and we look forward to collaborating with the state in 2023 to create more programs to assist more members of our business community, and help our economy thrive.
As we close 2022 and head into a new year, New Jersey’s business community is hearing and reading mixed messages regarding the state of the state’s economy. Some are suggesting the business climate is fine, but that view is not matching the reality that businesses owners are experiencing.
N.J. Chamber of Commerce Members,
I’d like to wish you a happy holiday season and thank you for your support of the New Jersey Chamber of Commerce in 2022.
New Jersey Chamber of Commerce members celebrated the start of the holiday season in style – at Calandra's Italian Village in Caldwell on Dec. 1. The 11th annual Chamber Holiday Party was attended by almost 200, including over 25 members of the N.J. Chamber Board of Directors.
Six New Jersey companies that are leading the way in demonstrating tangible and measurable progress in DE&I (diversity, equity and inclusion) were honored as outstanding corporate citizens at the first-ever DE&I Trailblazer Awards reception Nov. 3, hosted by the African American Chamber Commerce of New Jersey and the N.J. Chamber of Commerce.
The African American Chamber Commerce of New Jersey and the N.J. Chamber of Commerce will co-host one of the most important business events of 2022 – the first-ever DE&I Trailblazer Awards reception. The Nov. 3 event will recognize New Jersey companies that are demonstrating tangible and measurable progress in the critical areas of diversity, equity and inclusion (DE&I).
Two social justice heroes who have each made it their life’s work to fight systemic barriers and make New Jersey a better and more equitable place to live and work were presented the New Jersey Chamber of Commerce’s 2022 Alice H. Parker Women Leaders in Innovation Awards on Oct. 12.
We mourn the loss of Gov. Jim Florio. He was a fighter – a boxer and a U.S. Navy officer, not just a tough politician – who consistently stood for what he believed was right for New Jersey. He worked hard on business issues, and frequently joined the N.J. Chamber on our Walk to Washington where he discussed important economic issues with N.J. Chamber of Commerce members. During his tenure as a Congressman, Florio presided over critical pieces of legislation that have long benefitted New Jersey, including a bill that established the Superfund law to clean hazardous waste sites and a law that boosted Amtrak, a critical economic driver for New Jersey, the region and the nation. His legacy is strong. He will be missed.
Nearly seven in 10 business executives (68%) said they believe the U.S. economy has entered a recession, and vast majority of them (71%) believe it will last longer than a year, according to a survey of business executives conducted by the New Jersey Chamber of Commerce. The results were released today.
Even among the business executives that do not believe the nation’s economy is in a recession, about half of them (51%) said they expect a recession will begin within the next 24 months, according to the survey.