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News
Siekerka: Congress Should Protect NJ Businesses from European Mandates
1+ hour, 9+ min ago (716+ words) NJBIA President and CEO Michele Siekerka released the following op-ed in support of the Protect USA Act, which seeks to shield U.S. companies from the European Union’s (EU) harmful extraterritorial regulations. The bill advanced in the federal Energy and Commerce committee…...
Inflation Cooled in June as Gas Prices Fell
1+ week, 21+ hour ago (331+ words) Inflation slowed to an annual rate of 3.5% in June after the tenuous ceasefire agreement in the U.S.-Iran war temporarily reopened commercial shipping last month and led to a substantial drop in crude oil prices that gave Americans a brief respite…...
NJBIA Op-Ed: NJ’s Low CNBC State Business Rankings Are a Call to Action - NJBIA
1+ week, 1+ day ago (289+ words) Siekerka argued New Jersey's 50th-place ranking for business friendliness is the result of decades of tax and regulatory policies that have made the state difficult and costly for job creators. She contrasted New Jersey with Ohio, which ranked first overall,…...
Report from NJBIA Labor & Employment Committee Meeting
3+ week, 4+ day ago (532+ words) NJBIA recently held a Labor & Employment Committee Meeting with the following guest speakers: Here are some excerpts from the meeting: Tom Little on the Business Community and AI: “But even if there are laws and bills that we want to…...
Video: Siekerka Talks NJ Business Climate on ONNJ's NJ Politics with Laura Jones
1+ mon, 3+ day ago (101+ words) Video: Siekerka Talks NJ Business Climate on ONNJ’s NJ Politics with Laura Jones New Jersey Business & Industry Association Video: Siekerka Talks NJ Business Climate on ONNJ’s NJ Politics with Laura Jones NJBIA President and CEO Michele Siekerka recently appeared on…...
Inflation Surges to 4.2%
1+ mon, 1+ week ago (182+ words) Consumer prices jumped again in May, pushing the annual inflation rate higher to 4.2% as increased energy costs since the Iran war continue to pressure the U.S. economy, according to data in the latest federal government report released Wednesday. Prior to the…...
US Manufacturing Activity Expands in May
1+ mon, 2+ week ago (278+ words) U.S. manufacturing conditions improved significantly in May, with production growing at its fastest pace since April 2022, according to the latest S&P Global Purchasing Managers Index (PMI) report. New orders increased markedly again, but growth in both output and sales was…...
NJBIA Video: Demographic Trends Affecting NJ’s Workforce Pipeline
2+ mon, 2+ hour ago (112+ words) New Jersey Business & Industry Association NJBIA Video: Demographic Trends Affecting NJ’s Workforce Pipeline How much has New Jersey’s population increased in recent decades? Is the state’s birth rate outpacing the death rate? Which generation in New Jersey is the most…...
US Consumer Confidence Edges Up Modestly in April
2+ mon, 3+ week ago (224+ words) The Consumer Confidence Index (CCI) inched up to 92.8 in April from 92.2 in March. The CCI, which is based on a monthly survey that measures how optimistic or pessimistic consumers are about their finances and the economy, has a benchmark of 100. Any…...
Soaring Gasoline Prices Drive Inflation Higher in March
3+ mon, 1+ week ago (227+ words) The spike in energy prices caused by the war in Iran pushed the annual inflation rate to 3.3% in March, according to new economic data released Friday by the federal government. The Consumer Price Index showed that for the 12-month period…...