Governor Chris Christie • Lt. Governor Kim Guadagno  
The Official Web Site For The State of New Jersey - Department of Treasury
Global Navigation
FAQs Departments/ Agencies Services A to Z NJ Home Page
Garden State Activity Index

The Garden State Activity Index is our broad measure of monthly economic activity in the state of New Jersey. The index incorporates information from three sources: the Federal Reserve Bank of New York’s coincident index, the Federal Reserve Bank of Philadelphia’s coincident index and the Philadelphia Fed’s South Jersey Business Survey.

We use principal components analysis to calculate the monthly activity index. This statistical technique systemically constructs weighted averages of the three Fed indicators. The index allows us to more accurately measure New Jersey’s current economic health.

New Jersey Economic Indicators Graph

Office of the Chief Economist: Home | Contact Us
Treasury: Home | ServicesPeopleBusinesses | Divisions/AgenciesFormsContact Us
NJ Home | Services A to Z | Departments/Agencies | FAQs
Copyright © State of New Jersey, 1996 -
This site is maintained by the Division of Revenue and Enterprise Services.

Reports Accessibility Statement Legal Statement Privacy Notice Contact Us Open Public Records Act Proposed Rules and Amendments Comment or Petition for new Rule Division/Ageny Statutes and Rules Electronic Notification