Index Shows Midwest Economic Growth Remained Above Average in December

This morning, the Federal Reserve Bank of Chicago released December 2014 figures for its Midwest Economy Index (MEI). The MEI is a weighted average of 129 indicators designed to measure non-farm…

Local Employment Trends

Today, the Illinois Department of Employment Security (IDES) released preliminary December 2014 unemployment rates for municipalities across the state based on the current population survey (or “household survey”). The following…

December Home Prices Up, Sales Down Over Last Year

Today, the Illinois Association of Realtors (IAR) reported that residential sales in the city of Chicago fell 6.8% year-over-year with 1,992 sales in December 2014 compared to 2,137 in December 2013. The…

Chicago Tourism Metrics, December 2014

Making Chicago a premier destination for tourism and entertainment is a major part of Mayor Rahm Emanuel’s Plan for Economic Growth & Jobs that WBC is implementing to drive growth in Chicago.…

Metro Chicago Exports Appoints Thomas Hulseman as First Managing Director

Metro Chicago Exports (MCE) today announced the appointment of Thomas Hulseman as founding managing director. In this new role, he will help lead an unprecedented collaboration between the seven counties…

$424.9M VC invested in Chicago in Q4 2014

This morning, DJX VentureSource released its Q4 2014 venture capital report, which tracks investments into companies that have received at least one round of venture funding. Chicago’s $424.9 million VC dollars invested in…

2014: Year in Review

2014 filled with transformative projects and initiatives to impact the city’s economy for years to come

Chicago By the Numbers

World Business Chicago tracks indicators from month to month to gauge the strength of several aspects of Chicago’s economy, including employment in major sectors, residential and office real estate data,…

Midwest Job Openings and Hiring Activity

The Bureau of Labor Statistics (BLS) released November 2014 figures from its Job Openings & Labor Turnover Survey (JOLTS), which tracks job openings, hires, and separations (quits, layoffs and discharges,…

Fast-Growing Government Services Firm, Prescient Edge, to Move Headquarters to Chicago

Prescient Edge LLC moves headquarters to Chicago, will create at least 60 jobs in Chicago initially and expects to add hundreds in the coming years

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