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School Reunion

New Jersey
Economy
The Bureau of Economic Analysis estimates that New Jersey's total state product in 2004 was $416 billion. Its per capita personal income in 2004 was $41,636, 4th in the U.S. and 126% of the national average of $33,041. Its median household income is the highest in the nation with $55,146. It is ranked 2nd in the nation by the number of places with per capita incomes above national average with 76.4%. Nine of New Jersey's counties are in the wealthiest 100 of the country. Women in New Jersey earn the highest per capita income as stated in a 2002 article in the Newark Star-Ledger.
Its agricultural outputs are nursery stock, horses, vegetables, fruits and nuts, seafood, and dairy products. In particular, cranberries and eggplant are two of the state's largest crops. Hammonton in the southern part of the state is known as the blueberry capital of the world. Its industrial outputs are pharmaceutical and chemical products, food processing, electric equipment, printing and publishing, and tourism. New Jersey's economy has a large base of industry and chemical manufacturing. Additionally, New Jersey is home to the largest petroleum containment system outside of the Middle East.
New Jersey hosts several business headquarters. Fifty Fortune 500 companies have headquarters in or conduct business from Morris County alone. New Jersey is said to have the largest concentration of Fortune 500 companies in the world: nearly one hundred companies on the Fortune 500 list have headquarters or conduct business from New Jersey. 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) counties have been ranked among the highest-income counties in the United States. Five others are also in the top 100.
New Jersey's major industries are agriculture, tourism, nursery products, electronics, manufacturing equipment, pharmacuticals, etc. This diversity enables New Jersey to weather volatility in the national economy and contributes to New Jersey's low unemployment rate. New Jersey's geographical location between Philadelphia and New York City has helped New Jersey to grow and thrive since the time of its colonial origin in 1702. Another of New Jersey's great strengths is its large and well-educated labor pool that supports the myriad of industries that exist today. The Port Newark-Elizabeth Marine Terminal is the world's largest container port. Newark Liberty International Airport is ranked seventh among the nation's busiest airports and among the top 20 busiest airports in the world.
Six Flags Great Adventure in Jackson is one of the largest theme parks in the world. It is home to the largest wild safari outside Africa and is now home to the world's tallest, fastest rollercoaster, Kingda Ka. As of 2001, New Jersey makes $30 billion each year from tourism, as stated in the Star-Ledger article "The Best Of New Jersey". New Jersey is one of the top ten most visited states in the nation.
New Jersey has seven tax brackets for determining income tax rates. The rates range from 1.4 percent to 8.97 percent. The sales tax rate is 6 percent (to be raised to 7 percent with the next budget), applicable to all retail sales unless specifically exempt by law. Exemptions include most food items for at-home preparation, medicines, clothing, footwear, and disposable paper products for use in the home. All real property and tangible personal property located in the state is subject to property tax unless specifically exempted by statute. New Jersey does not assess an intangible personal property tax, but it does impose an inheritance tax.
Miscellaneous topics
* The USS New Jersey, one of the most decorated vessels in the United States Navy, was named in honor of this state and is now a tourist attraction in Camden.
The official nickname is the "Garden State."
* New Jersey is the birthplace of many modern inventions such as: FM radio, the motion picture camera, the lithium battery, the light bulb, transistors, and the electric train. Other New Jersey creations include: the drive-in movie, the cultivated blueberry, cranberry sauce, the postcard, the boardwalk, the zipper, the phonograph, saltwater taffy, the dirigible, the first use of a submarine in warfare, and the ice cream cone.
* The first officially recorded baseball game in history was played at the Elysian Fields, Hoboken, New Jersey, with the New York Base Ball Club defeating the New York Knickerbockers with a score of 23-1. Alexander Cartwright formalized the rules and umpired.
* The properties in the United States version of the board game Monopoly are named after the streets of Atlantic City.
* The four-mile long Boardwalk in Atlantic City was the world's first boardwalk and is still its largest.
* The Lindbergh kidnapping drama unfolded in New Jersey in 1932.
* New Jersey was the national pioneer of Megan's Law sex offender registries, following the 1994 rape and murder of Megan Kanka.
* New Jersey has more horses per square mile than any other state. The United States Equestrian Team now is headquartered in Gladstone after being founded in Morristown.
* The book Jaws by Peter Benchley, which inspired the classic film of the same name, was based on a series of actual shark attacks during the summer of 1916 that took place in Matawan and elsewhere off the Jersey Shore.
* New Jersey is home to the second largest waterfall east of the Mississippi River: the Great Passaic Falls in Paterson. Only Niagara Falls is larger.
* Diners are common in New Jersey. The state is home to many diner manufacturers and has more diners than any other state: over 600. Due to the state's small size, New Jersey has more diners per square mile than any other state in America and World.
* Ben Shahn settled in Roosevelt, New Jersey, and did most of his work there.
* Sculptor Jim Gary grew up in Colts Neck Township where he also opened his gallery, Iron Butterfly, before moving it to Red Bank. Jim Gary was the only living sculptor ever invited to have a solo show at the Smithsonian Institution’s National Museum of Natural History.
* New Jersey is one of only two states (along with Oregon) where self-service filling of gasoline is prohibited.
State symbols
* State bird: Eastern Goldfinch
* State animal: Horse
* State flower: Common Violet
* State tree: Red Oak
* State fish: Brook Trout
* State dance: The Square Dance
* State dinosaur: Hadrosaurus foulkii
* State insect: Honey bee
* State number: 3
* State motto: Liberty and prosperity
* State slogan: Come see for yourself
* State license plate slogan: Garden State
Source: Wikipedia.org - English
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