New Jersey has a diverse and innovative economy that includes major pharmaceuticals, life sciences, financial services, advanced manufacturing, renewable energy, and transportation and logistics sectors. Twenty-one Fortune 500 companies are headquartered in the state, which also has operations for more than 1,100 multinational companies representing 40 nations. The state ranks sixth for foreign direct investment. With a Gross Domestic Product of $482 billion in 2009, if it were a standalone country, New Jersey would rank as the 19th-largest economy in the world.
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