From the time of the Revolutionary and Civil wars to the modern economy, New Jersey has experienced considerable amount of economic growth. This was made possible by the construction of public railroads and canals. It was in 1992 when a concrete infrastructure growth plan was put in place that helped to support development in the urban and suburban areas of New Jersey. Upon the fourth century after it was officially named a state, New Jersey realized its full potential.
Today, New Jersey is referred to as a sleeping giant when it comes to economic progress and opportunities. It is partly because it is often compared to other more highly developed economies in the Eastern Seaboard, particularly New York.
As of today, there are over 850,000 small businesses in New Jersey and they employ more than 1.8 million people. These are mostly belonging to the private sector. It shows the level of impact that the business landscape has in the Garden State's economy.
This is why it is a favorable choice for those planning to start a new business. Its close proximity to New York City is what attracts small business owners. It is also highly dense in population so there is an expansive market to target. In addition, the supportive local communities provide business owners access to resources and funding to help build or expand a business venture. For business insurance related info please refer to our more in depth article.
At the request of our visitors we've included the below local car insurance contacts for most cities in New Jersey. Depending on where you live in The Garden State, you probably deal with bumper-to-bumper traffic on the daily. Traffic, excessive speed, and weather are all factors that cause car accidents in the state of New Jersey. If you're a vehicle owner in New Jersey, you're required to purchase at minimum the cheap "Basic Policy," which is offered through New Jersey licensed insurance producers. Those who want more financial protection may want to opt for the "Standard Policy." Regardless of what policy you choose, a variety of insurance companies will offer you quotes at affordable rates. Finding a low cost policy often requires you to compare quotes from various companies before deciding on what auto insurance policy to buy. For additional information on traffic laws or driving schools please navigate to your respective state using the map. And for manufactured home insurance, please refer to the respective article.
Located in the Mid-Atlantic and Northeastern regions of the United States, New Jersey is home to some of the country's quaint harbor towns and resorts, as well as a splendid entertainment hotspot. It's also considered as a great starting point for anyone looking to explore the attractions of New York City and its neighboring cities, thanks to the impressive public transit.
Though New Jersey is the fourth-smallest state, it is home to many first-rate attractions. It has scenic national parks, gorgeous natural beauty, and remarkable cultural and historical sites, and fine museums. This makes the nickname "The Garden State" quite fitting. Incredibly, in 2020, the state is also the home to the most millionaires per capita in the U.S.
The Boardwalk is one of the state's most visited spots. Steel Pier is its most popular attraction; a carnival-type amusement park that has rides for tourists of all ages.
The service sector has the most number of employees in any industry in the state. Jobs in this sector is said to be three times bigger than the manufacturing industry. Now, the state is home to many corporate headquarters.
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