What are the main industries in New Jersey?

What are the main industries in New Jersey?

The largest industries driving New Jersey’s economy include pharmaceuticals and life sciences, financial services, advanced manufacturing, information technology, and transportation and logistics. Nineteen Fortune 500 companies are based in New Jersey, four of which are Fortune 100 companies.

Where are the major industries?

The world’s major industries are: Iron and steel industry – Germany, USA, China, Japan and Russia. Textile industry – India, Hong Kong, South Korea, Japan and Taiwan. Information technology industry – Silicon Valley of Central California and the Bangalore region of India.

How many factories are in NJ?

There were nearly 9,000 establishments in New Jersey that employed nearly 250,000 people in the manufacturing sector in 2019. Employment is scattered throughout the state and found in places ranging from very large pharmaceutical firms to much smaller machine shops.

What is New Jersey’s main export?

The state’s leading exports last year were chemicals and pharmaceuticals with $7.22 billion in sales, followed by computers and electronic equipment valued at $5.97 billion. Canada, the state’s largest foreign market, received $4.21 billion in New Jersey exports last year.

What is the highest paying job in NJ?

Detailed List Of Highest Paying Jobs In New Jersey

Rank Job Title Average Salary
1 Surgeons, Except Ophthalmologists $275,710
2 Chief Executives $258,450
3 Obstetricians And Gynecologists $257,480
4 Psychiatrists $235,580

What is the largest manufacturing business in NJ?

New Jersey’s largest advanced manufacturing cluster – chemicals – employs roughly 44,000 people, ranking 5th in the U.S. Old Bridge Chemicals, the North America’s largest copper and zinc compound manufacturer, sees the value of a New Jersey location for its workforce needs.

What does New Jersey produce the most of?

Nationally, New Jersey is one of the top 10 producers of blueberries, cranberries, peaches, tomatoes, bell peppers, eggplant, cucumbers, apples, spinach, squash, and asparagus.

What goods are made in NJ?

Detergents, industrial chemicals, paint and plastics resins are also manufactured in New Jersey. The second-ranking manufacturing area is the food processing (bakery products, beverages, fruits, meats, roasted coffee, sugar and confectionery products, vegetables) sector.

What are the top industries in New Jersey?

The largest industries driving New Jersey’s economy are pharmaceuticals and life sciences, financial services, advanced manufacturing, information technology, and transportation and logistics. Nineteen Fortune 500 companies are based in New Jersey, four of which are Fortune 100 companies [1].

What are three major indistries in New Jersey?

as evidenced by the growing employment.

  • Financial Services.
  • Advanced Manufacturing.
  • Transport And Logistics.
  • Film Industry.
  • Healthcare.
  • What is the economy of New Jersey?

    New Jersey’s economy is centered on pharmaceuticals, financial services, telecommunications, food processing and tourism. It also benefits as bedroom communities for both Philadelphia and New York. Though business and living costs are among the nation’s highest, New Jersey compensates by having one of the most educated labor forces.