In 2023, around 663.9 billion chained 2017 U.S. dollars of real value was added to the GDP of New Jersey from all industries. The mining, quarrying, and oil and gas extraction industry added about 414 million chained 2017 U.S. dollars of value to the state GDP in that same year.
Real value added to the gross domestic product of New Jersey in the United States in 2023, by industry
(in billion chained 2017 U.S. dollars)
Industry
Real value added in billion chained (2017) U.S. dollars
Finance, insurance, real estate, rental, and leasing
147.78
Professional and business services
126.53
Educational services, health care, and social assistance
65.59
Government and government enterprises
61.37
Manufacturing
55.2
Wholesale trade
46.81
Information
39.45
Retail trade
37.93
Transportation and warehousing
24.24
Arts, entertainment, recreation, accommodation, and food services
Chained (2017) dollar series are calculated as the product of the chain-type quantity index and the 2017 current-dollar value of the corresponding series, divided by 100. Because the formula for the chain-type quantity indexes uses weights of more than one period, the corresponding chained-dollar estimates are usually not additive.
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BEA. (September 27, 2024). Real value added to the gross domestic product of New Jersey in the United States in 2023, by industry (in billion chained 2017 U.S. dollars) [Graph]. In Statista. Retrieved November 23, 2024, from https://www.statista.com/statistics/304942/new-jersey-real-gdp-by-industry/
BEA. "Real value added to the gross domestic product of New Jersey in the United States in 2023, by industry (in billion chained 2017 U.S. dollars)." Chart. September 27, 2024. Statista. Accessed November 23, 2024. https://www.statista.com/statistics/304942/new-jersey-real-gdp-by-industry/
BEA. (2024). Real value added to the gross domestic product of New Jersey in the United States in 2023, by industry (in billion chained 2017 U.S. dollars). Statista. Statista Inc.. Accessed: November 23, 2024. https://www.statista.com/statistics/304942/new-jersey-real-gdp-by-industry/
BEA. "Real Value Added to The Gross Domestic Product of New Jersey in The United States in 2023, by Industry (in Billion Chained 2017 U.S. Dollars)." Statista, Statista Inc., 27 Sep 2024, https://www.statista.com/statistics/304942/new-jersey-real-gdp-by-industry/
BEA, Real value added to the gross domestic product of New Jersey in the United States in 2023, by industry (in billion chained 2017 U.S. dollars) Statista, https://www.statista.com/statistics/304942/new-jersey-real-gdp-by-industry/ (last visited November 23, 2024)
Real value added to the gross domestic product of New Jersey in the United States in 2023, by industry (in billion chained 2017 U.S. dollars) [Graph], BEA, September 27, 2024. [Online]. Available: https://www.statista.com/statistics/304942/new-jersey-real-gdp-by-industry/
