Economic & Recovery Update: News Release: 8/1/2022

August 1, 2022
Content Curated By Scott Goldstein
  • N.J. raised its spending cap on transportation infrastructure by $600 million.
  • Buttigieg helps break ground on new Portal Bridge construction.
  • N.J. offers small businesses free resources to tap global market. 
New Jersey Raised its Spending Cap on Transportation Infrastructure by $600 Million
A law enacted this summer increased the spending cap so the Transportation Trust Fund can continue to pump out $2 billion annually for transportation-infrastructure upgrades through mid-2024. Lawmakers must eventually decide on a new finance plan. Read more here. (NJ Spotlight News)
Buttigieg Helps Break Ground on New Portal Bridge Construction
Gov. Phil Murphy, U.S. Transportation Secretary Peter Buttigieg and Sens. Cory Booker and Bob Menendez helped break ground today on new Portal North Bridge construction. The Portal North Bridge project is a critical component of the larger Gateway Program, which will eventually double rail capacity between Newark and New York. The full Gateway program will drive economic growth, create jobs and improve commutes for millions, they said. (Insider NJ)
N.J. Offers Small Businesses Free Resources to Tap Global Market
Is your New Jersey small business looking to reach customers overseas? The New Jersey Business Action Center Office of Export Promotion has the resources and tools to help. (ROI-NJ)
Business Guide: Understanding the Job Interview Process
Improve your hiring process by planning out your interview beforehand. Here's a breakdown of what to do before, during, and after interviewing candidates. (U.S. Chamber of Commerce)
Advice From the Founders of America's Hottest Startups
Here are 10 pieces of entrepreneurial advice from leaders of companies that started small and took off in a big way. (U.S. Chamber of Commerce)
Looking to Get Vaccinated? Here's an Easy Way to Find COVID-19 Vaccines Near You.
Just punch in your area code. You can even search for a specific vaccine. (
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Business Resources
Vaccine Guide for Businesses (U.S. Chamber of Commerce)
Guide to Starting a Business in N.J. (New Jersey Business Action Center)
The Best Tool for Your Business - Membership in the N.J. Chamber
The N.J. Chamber provides members with guest speakers, webinars, networking opportunities and discount programs that help businesses grow. The N.J. Chamber also advocates for pro-growth and pro-business legislation.
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The New Jersey Chamber of Commerce is staying on top of pandemic and economic recovery developments. For news media requests, please email Scott Goldstein.
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