The New Jersey Chamber of Commerce Board of Directors elected four new board members to three-year terms at its April meeting. The new board members are: Peter Dontas, EVP and Market Executive, New Jersey, Wells Fargo Dustin M. Riccio, MD, MBA, President and Chief Executive Officer, St. Joseph’s Health Eric D. Seguin, MBA, President and Chief Executive Officer, Solix, Inc. Carolyn M. Welsh, MS, President and Chief Executive Officer, NJ Sharing Network ..read more

A Message from President & CEO Tom Bracken Last week, we had the privilege of hosting the remarkable ReNew Jersey Business Summit & Expo in Atlantic City, attended by 850 leaders in business, nonprofits, government, and academia. The energy, insights and optimism shared during the Summit were inspiring. It reinforced a resounding message: New Jersey is an exceptional place to conduct business. In fact, Ralph LaRossa, the president and chief executive officer of PSEG and Chair of Choose New Jersey, when referencing New Jersey’s attractiveness, as evidenced by the Garden State bein ..read more

A Message from President & CEO Tom Bracken It has been over six weeks since Gov. Phil Murphy proposed a highly punitive business tax increase on the state’s largest companies in his fiscal 2025 state budget. Essentially, he is saying New Jersey should replace the temporary 2.5% Corporate Business Tax surcharge that expired at the end of 2023, and repackage it as a Corporate Transit Fee. This tax hike would affect New Jersey’s largest job creators, tax revenue producers and philanthropic givers — in a very bad way, as would the “Buck a Truck” proposal, which is an unnecessary nuisance tax ..read more

By Scott Goldstein, Communications Manager, N.J. Chamber of Commerce New Jersey Chamber of Commerce President and CEO Tom Bracken, delivering testimony this morning in front of the Assembly Budget Committee, said the proposed $56 billion state budget would inflict damage on New Jersey’s economy and its reputation as an improving destination to run a business. Bracken primarily took aim at what he called a “punitive and egregious” 2.5% Corporation Business Tax hike on the state’s biggest employers ..read more

A plan to raise the state’s per-gallon gas tax by 1.9 cents per year over five years to fund the state highways, roads, bridges and other infrastructure projects has garnered the approval of the New Jersey Chamber of Commerce ..read more

I hope this is a nightmare that isn’t true. We have been preaching that New Jersey needs to become more affordable, more business friendly and more competitive. Now we are shocked that there is talk of reinstituting higher taxes on businesses less than three months after the 2.5% Corporation Business Tax (CBT) surcharge expired ..read more

New Jersey Chamber of Commerce's March 26 & 27 Summit will feature two-days of networking and interactive sessions on how to boost New Jersey's economy over the long-term #ReNewJersey The New Jersey Chamber of Commerce announced today that Gov. Phil Murphy, Johnson & Johnson Chairman & CEO Joaquin Duato and Jersey Mike’s CEO & Founder Peter Cancro will be keynote speakers at its annual ReNew Jersey Business Summit & Expo on March 26 and 27 at Harrah’s Atlantic City. The two-day, in-person Summit features over 900 attendees, 50 speakers, 15 sessions on the state economy and ..read more

The New Jersey Chamber of Commerce enthusiastically congratulates Gov. Phil Murphy, New York City Mayor Eric Adams and the entire New Jersey and New York team involved in bringing the FIFA World Cup 26™ Final to MetLife Stadium on July 19, 2026. This is a once-in-a-lifetime opportunity to showcase the assets and capabilities of our state. New Jersey has hosted the Super Bowl, NCAA Tournament games, WrestleMania – and this will be the biggest event of them all, projected to bring more than 1 million visitors to our doorstep. The New Jersey and New York metropolitan area is one of the biggest a ..read more

A Message from President & CEO Tom Bracken The recent release of a state Disparity Study by the Murphy administration has shed light on a longstanding issue in Trenton – the inequities in public contract opportunities for minority-, veteran-, and women-owned businesses in New Jersey. Examining five years of procurement data across goods and services, professional services, and construction, the 221-page report confirms what many already knew: A significant disparity exists ..read more

The disparity study recognizes the need for immediate action in order for there to be more equity in government contracting for Minority and Women-Owned (MWBE) businesses. The imbalances outlined have long been articulated by those affected – and is the focus of one of the Chamber’s economic priorities that calls for equal opportunities for MWBEs when it comes to securing not only public but also private sector contracts. Increasing supplier diversity spending with MWBEs has economic and social benefits for all by enhancing competition, encouraging innovation, increasing job creation and supp ..read more