News Item

09.14.2015

Chicago by the Numbers September 2015

Chicago by the Numbers September 2015

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, price and purchasing indexes, freight demand, and auto and truck sales. Note: employment data refers to payroll job estimates for the city of Chicago and is not adjusted for seasonality.

Key trends evident this month include:

  • The Chicago (city) economy has expanded by an estimated 18,997 jobs, a 1.6 percent year-over-year improvement since July 2014. The vast majority (88%) of this growth can be attributed to the professional and business services (+9,735) and education and health services (+6,916) sectors.
  • Median home sales in Chicago (city) increased by 9.7% since July 2014. In the same time period, the median home price increased by 5.2% from to $271,000 to $285,000. Housing starts are also up by more than 10% YOY.
  • Passenger volume for O’Hare and Midway Airports grew by 716,545, an 8.1% increase since July 2014. Concurrently, air cargo tonnage for both airports grew by 11,913 tons, an 8.8% increase since July 2014.

These and other trends are illustrated in this month’s Chicago by the Numbers.

 

Related News

Blog

NEWS

News Item

03.20.2023

Getting to Know DCASE Commissioner Erin Harkey

Tell us about where you grew up and tell a special high school memory/story. I was born and raised in Los Angeles and went to Santa Monica High School; high…

View article

Blog

NEWS

News Item

02.28.2023

Black History Spotlight - Blake Anthony-Johnson

A Conversation with Blake-Anthony Johnson, CEO and President of Chicago Sinfonietta Blake-Anthony Johnson’s multifaceted career has included work as a performer, collaborator, recording artist, and

View article

Blog

NEWS

News Item

02.28.2023

Black History Spotlight - Leon Walker

Meet Leon Walker Over the past 20 years, Leon I. Walker, Esq., has spearheaded cutting-edge community development projects that have generated thousands of new jobs and brought grocery stores and&hell

View article

Blog

NEWS

News Item

02.06.2023

INVEST South/West breaks ground on its first project of the year in South Shore and brings a $100 million media campus to the area 

By: Markayle Tolliver  South Shore, Chicago, IL | This afternoon, Regal Mile Studios along with Mayor Lori Lightfoot, Alderwoman Michelle Harris (8th ward), Jim Reynolds, LOOP Capital CEO, and the&he

View article
Translate »