NJECPAC & NJ-IEC Partnering to Protect You And Your Business

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New Jersey, United States
NJECPAC is a Continuing Political Committee (CPC). A CPC is any group of two or more persons acting jointly, or any corporation, partnership, or any other incorporated or unincorporated association, civic association or other organization, which in any calendar year contributes to aid or promote the candidacy of an individual, or the candidacies of individuals, for elective public office, or the passage or defeat of a public question or public questions, lobby for the passage or defeat of certain legislative bills introduced in the NJ Legislature in accordance with N.J.S.A. 19:44A-8(b). A CPC is frequently referred to as Political Action Committee (PAC). The NJECPAC was formed to provide funding for legislative initiatives of its members and its member organizations representing the interests of Electrical Contractors, Small Businesses and Taxpayers throughout the State of New Jersey.

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Friday, July 23, 2010

New Jersey Economic Outlook: A look Ahead

New Jersey’s economy and labor market appear to be in the early stages of a recovery. Economic activity seems to have picked up for the first time in nearly two years.

Residents from New York City are relocating to the state adding much needed revenue. State finances still pose a huge challenge. However, home prices continue to fall and the unemployment rate remains high. Many cities and townships are dealing with rating agency downgrades that highlight the state’s high debt burden, low pension fund ratio, high post-retirement insurance liabilities and depletion of its General Fund reserves.

To Read The Full and Detailed Economic Outlook Report by Wells Fargo Click Here

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