New Jersey
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New Jersey's economy is centered on the pharmaceutical industry, the financial industry, chemical development, telecommunications, food processing, electric equipment, printing and publishing, and tourism. New Jersey's agricultural outputs are nursery stock, horses, vegetables, fruits and nuts, seafood, and dairy products. New Jersey ranks second among states in blueberry production, third in cranberries and spinach and fourth in bell peppers, peaches and head lettuce.

Although New Jersey is home to many energy-intensive industries, its energy consumption is only 2.7% of the U.S. total, and its carbon dioxide emissions are only 0.8% of the U.S. total. Its comparatively low greenhouse gas emissions can be attributed to nuclear power. According to the Energy Information Administration, nuclear power dominates New Jersey’s electricity market, typically supplying more than one-half of State generation. New Jersey has three nuclear power plants, including the Oyster Creek Nuclear Generating Station, which came online in 1969 and is the oldest operating nuclear plant in the country.

New Jersey has a strong scientific economy. New Jersey is home to major pharmaceutical firms such as Johnson and Johnson, Sanofi-Aventis, Novartis, Pfizer, Merck, Wyeth, Hoffman-LaRoche, Bristol-Myers Squibb, and Schering-Plough. New Jersey is home to major telecommunications firms such as Verizon Wireless, Avaya, Alcatel-Lucent and AT&T Communications. Furthermore, New Jersey draws upon its large and well-educated labor pool which also supports the myriad of industries that exist today.

New Jersey is the ultimate bedroom community since the state is right next to New York City and Philadelphia. Thus, there is a strong service economy in New Jersey serving residents who work in New York City or Philadelphia. Some of these industries include retail sales, education and real estate. Newark Liberty International Airport is ranked seventh among the nation's busiest airports and among the top 20 busiest airports in the world.

Shipping is a strong industry in New Jersey because of the state's strategic location, the Port of New York and New Jersey the busiest on the East Coast. The Port Newark-Elizabeth Marine Terminal was the world's first container port and is one of the world's largest container ports. New Jersey also has a strong presence in chemical development, refining, and food processing operations.

New Jersey hosts several business headquarters, including twenty-four Fortune 500 companies. Paramus is noted for having one of the highest retail sales per person ratios in the nation. Several New Jersey counties such as Somerset (7), Morris (10), Hunterdon (13), Bergen (21), Monmouth (42) counties are ranked among the highest-income counties in the United States. Four others are also in the top 100.

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