New Jersey City’s University launched the NJCU New Jersey 50 Index, a publicly-available ranking of 50 companies in the state that shows the status of New Jersey’s economy.
The 50 companies selected for the index were selected from 226 companies based on average trading volume, revenue/profit and employment prospects in the state. The rankings will be updated quarterly.
“This index is an invaluable resource that has the potential to inform investors of the tone and the state’s economy and give clear indication of what’s happening in areas of business growth and development,” said the Dean of NJCU’s School of Business, Bernard McSherry, in a statement.
The list is calculated by S&P Dow Jones Indices. The current 50 companies comprising the index can be viewed here.