GOOD NEWS REPORTED FOR STATE’S ECONOMIC HEALTH

Finally, some good news for the New Jersey state economy.  State Treasurer Andrew Sidamon-Eristoff announced on Friday that revenues generated by the state during the final six months of 2010 were up by a healthy 4.5 percent.  Sidamon-Eristoff says the numbers are very good, but there are still some issues with the economic health of the state.  The state’s income tax revenues was far above projections, but the sales tax revenue fell below projected figures.  The state took in over $12.6 billion dollars during that six month period.