Culture of New Jersey - Economy

Economy

See also: New Jersey locations by per capita income

The Bureau of Economic Analysis estimates that New Jersey's gross state product in 2010 was $487 billion. As of January 2012, the state's unemployment rate is 9%. New Jersey's estimated taxpayer burden in 2011 was $37,000 per taxpayer, 49th in the nation.

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Famous quotes containing the word economy:

    “The basis of political economy is non-interference. The only safe rule is found in the self-adjusting meter of demand and supply. Do not legislate. Meddle, and you snap the sinews with your sumptuary laws.”
    —Ralph Waldo Emerson (1803–1882)

    “Wise men read very sharply all your private history in your look and gait and behavior. The whole economy of nature is bent on expression. The tell-tale body is all tongues. Men are like Geneva watches with crystal faces which expose the whole movement.”
    —Ralph Waldo Emerson (1803–1882)

    “Even the poor student studies and is taught only political economy, while that economy of living which is synonymous with philosophy is not even sincerely professed in our colleges. The consequence is, that while he is reading Adam Smith, Ricardo, and Say, he runs his father in debt irretrievably.”
    —Henry David Thoreau (1817–1862)