New Jersey > Website Development

Economy of new jersey

New Jersey was predominantly agricultural until the mid-1800s, when the rise of the railroads stimulated manufacturing in northern New Jersey and opened the Jersey shore to resort development.Although petroleum refining, chemicals and pharmaceuticals, food processing, apparel, fabricated metals, electric and electronic equipment, and other machinery are all important, the state is more noteworthy for the diversity of its manufacturers in 2000, than for any dominant company or product.The service sector of the economy, led by wholesale and retail trade, continued to grow rapidly during the 1990s. The heaviest concentrations of jobs are in and near metropolitan New York and Philadelphia, but employment opportunities in the central and north-central counties have been increasing. Fresh market vegetables are the leading source of farm income. Overall growth in the state economy was robust coming into the 21st century, with annual growth rates averaging over 6%.

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Refreance- http://www.city-data.com/states/New-Jersey-Economy.html