New Survey Suggests Business Leaders Looking Up In New Jersey

By David Madden

TRENTON, NJ (CBS) -- Business leaders in New Jersey seem upbeat about the state's economic future, according to a newly released survey.

About a quarter of the state's CEOs responded to the annual questionnaire from the New Jersey Business and Industry Association. Spokesman Chris Biddle says the numbers suggest growing optimism.

"Sixty-percent said they expect economic conditions in New Jersey to improve over the next 12 months. Three years into this recovery, that's a very strong number," Biddle explains.

Perhaps even more importantly, 42% expect to be hiring people within a year. That's up 10 points from last year. Most credit the state's approach to the business community, with half of the respondents indicating government officials have been helpful to them in one way or another.