Recent Articles

July 01, 2016

Local Consumer Commerce Index – March 2016

The JPMorgan Chase Institute recently released Q1 2016 updates for its Local Consumer Commerce Index (LCCI), a measure of the year-over-year growth rate of Chase debit and credit card spending1. The LCCI captures point-of-purchase data to provide a local snapshot of consumer…

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July 01, 2016

Case-Shiller Home Price Index, April 2016

Today, Standard & Poor’s (S&P) released April 2016 values for its Case-Shiller Home Price Index, which tracks the prices of existing single-family homes in 20 U.S. metro areas. The index in…

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June 30, 2016

Index Shows Midwest Economic Growth Slowed in May

Today, the Federal Reserve Bank of Chicago released May 2016 figures for its Midwest Economy Index (MEI). The MEI is a weighted average of 129 indicators designed to measure non-farm…

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June 29, 2016

Chicago Metro Unemployment Rate Decreases to 5.4% in May

This morning, the U.S. Bureau of Labor Statistics (BLS) released preliminary May 2016 unemployment rates for all Metropolitan Statistical Areas (MSAs). The unemployment rate measures the percentage of the local…

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June 24, 2016

2015 Business Growth Profile

In 2015, Chicago-area business expansions brought more than 12,943 new jobs, according to data tracked by World Business Chicago (WBC). The data contributed to Site Selection magazine rating Chicago the…

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June 24, 2016

Request for Proposal: STEAMuseum, Partner to Evaluate Pilot Project

Chicago Sister Cities International (CSCI) is in the process of developing the pilot for the STEAMuseum, the first of ten projects funded by The Stevens Initiative. In the first wave of…

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June 23, 2016

Local Employment Trends May 2016

Today, the Illinois Department of Employment Security (IDES) released preliminary May 2016 data on unemployment rates for municipalities across the state based on the current population survey (or “household survey”). The…

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June 22, 2016

World Business Chicago Publishes 2015 Annual Report

World Business Chicago’s 2015 Annual Report outlines WBC’s impact in and around Chicago

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