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A1US GDP 2025 $30.86T│A2Real growth +2.3%│A3CPI, 12 mo to Sep 2026 +3.7%│A4Unemployment 2025 4.3%BEA · BLS · Census — updated October 29, 2026
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NJ!A1=PROFILE("New Jersey")

New Jersey economy

New Jersey produced $887.8 billion of goods and services in 2025, ranking #11 among the states. Below: growth, income, prices, jobs and the industries behind the total.

Capital Trenton9,548,215 people, 2025Statehood 1787Mideast region
GDP, 2025$887.8B#11 of 51 · 2.9% of US
Real GDP growth, 2025+2.0%#22 of 51 · US +2.3%
Income per person, 2025$89,720#7 of 51 · US $77,028
Unemployment, September 20264.2%#32 of 51 · #1 = lowest
Fig. 1GDP, 1997–2025Current dollars and real (chained 2017) dollars, billions
$0B$250B$500B$750B$1T200020052010201520202025Current dollarsReal, 2017 dollars
Current dollarsReal, 2017 dollars

BEA, GDP by state (SAGDP1). 2025 is the latest annual estimate.

Industries, 2025

Value added by industry and its share of the state economy; rank among 51 by share.

IndustryValue addedSharevs US shareRank
Real estate$140.0B15.8%+2.0 pp5
Government$81.1B9.1%−2.0 pp42
Manufacturing$75.4B8.5%−1.0 pp29
Finance & insurance$56.6B6.4%−2.3 pp28
Professional services$87.1B9.8%+1.8 pp6
Health care$76.4B8.6%+1.1 pp16
Wholesale trade$81.7B9.2%+2.9 pp1
Retail trade$51.2B5.8%−0.1 pp32
Information$42.4B4.8%−0.9 pp10
Construction$29.9B3.4%−1.0 pp46
Transportation & warehousing$33.3B3.7%+0.5 pp18
Accommodation & food$24.2B2.7%−0.4 pp41
Administrative & waste services$33.5B3.8%+0.8 pp4
Other services$17.9B2.0%0.0 pp35
Management of companies$21.8B2.5%+0.6 pp9
Utilities$14.0B1.6%−0.1 pp37
Mining, oil & gas$773M0.1%−1.2 pp42
Education$10.4B1.2%0.0 pp14
Arts & recreation$8.9B1.0%0.0 pp20
Agriculture$1.3B0.1%−0.7 pp48
Fig. 2Unemployment rate, 2000–2026Monthly, seasonally adjusted, percent of the labor force
0%5%10%15%20%200020052010201520202025Unemployment rate

BLS, Local Area Unemployment Statistics. Latest month: September 2026.

Metro areas in New Jersey

Metro areas with at least one county in the state; multi-state metros are shown in full. Sums of BEA county estimates, 2024.

Metro areaPopulationGDPIncome per personUnemployment
New York-Newark-Jersey City, NY-NJ19,940,274$2.44T$94,4604.8%
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD6,330,422$582.1B$80,4034.5%
Allentown-Bethlehem-Easton, PA-NJ886,418$61.7B$67,5654.5%
Trenton-Princeton, NJ392,138$56.8B$87,0685.3%
Atlantic City-Hammonton, NJ372,989$27.2B$68,0227.3%
Vineland, NJ155,678$8.5B$50,8438.1%