New Jersey's economy is highly diversified, driven by its strategic location between New York City and Philadelphia, a highly educated workforce, and vital infrastructure.
* **Key Industries:** Pharmaceuticals, biotechnology, financial services, information technology, logistics, and advanced manufacturing. * **Logistics & Trade:** The Port of New York and New Jersey (with major facilities in Newark and Elizabeth) is the busiest port on the East Coast, driving a massive warehousing and supply-chain sector. * **Business Districts:** Major corporate and financial hubs are located in Jersey City (the Newport and Exchange Place areas are often dubbed "Wall Street West"), Newark, and the Route 1 corridor stretching through Princeton and New Brunswick.