SOUTH JERSEY (KYW Newsradio) — Analysts’ reports often rank New Jersey as one of the worst business climates of any state in the country. Gov. Mikie Sherrill has signed a new executive order in the hopes of turning that around.
Since taking office in January, Sherrill has met with business owners big and small all over the state, who told her the same thing again and again: “It costs too much and it takes too long,” she said.
“That’s bigger than just a business challenge. Economic opportunity depends on economic growth.”
On Tuesday, Sherrill signed an executive order to make New Jersey more business-friendly.
It includes four components: attract and keep businesses in New Jersey, invest in key job-producing sectors, focus on innovation, and ensure these policies help the many, not the few.
“We’re going to build an economy where every New Jerseyan and every business can thrive,” she said.
The Economic Development Authority, Treasurer’s Office, and Department of State are among the state agencies working fast to position New Jersey for long-term success.
The first steps of this plan, Sherrill said, will be implemented within a few months.
