NJBIA’s 2025 Regional Business Climate Analysis shows N.J. still region's worst

NJBIA’s 2025 Regional Business Climate Analysis shows N.J. still region's worst

For a seventh straight year, New Jersey ranks last in the region in cost competitiveness and business taxes, according to New Jersey Business & Industry Association’s 2025 Regional Business Climate Analysis that was released Thursday.  The analysis shows New Jersey as a regional outlier with the top corporate tax rate, highest maximum unemployment insurance tax contribution per employee, and the highest property tax paid as a percentage of perso…

NJBIA regional analysis ranks Garden State last

For the seventh-straight year, New Jersey ranked last in the New Jersey Business & Industry Association‘s Regional Business Climate Analysis. The 2025 report, prepared by NJBIA Vice President of Government Affairs Elissa Frank, scored six individual business cost drivers that measure business competitiveness in seven states: New Jersey, Connecticut, Delaware, Maryland, Massachusetts, New York and Pennsylvania. Those six categories, with Garden S…