Chicago by the Numbers February 2017
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, and freight demand. Note: employment data refers to payroll job estimates for the city of Chicago and is not adjusted for seasonality.
Key trends include:
- The Chicago (city) economy has expanded by an estimated 14,581 jobs year-over-year, a 1.2 percent improvement since December 2015. This growth is driven by absolute gains in the leisure & hospitality (+6,523), transportation, warehousing, & utilities (+4,155), and professional and business services (+3,132) sectors.
- Startup funding remained consistent YOY, with $1,701M in startup funding in 2016 compared to $1,721M in 2015.
- Business bankruptcies in Cook County decreased by 17.4% YOY in Q4-2016.
- The total number of patents issued in Chicago (city) increased by 3.0%, from 1,720 in 2015 to 1,771 in 2016.
These and other trends are illustrated in this month’s Chicago by the Numbers.
Chicago Mayor Lori E. Lightfoot & World Business Chicago Announce the Inaugural Chicago Venture Summit Future-of-Food
More than 600 founders, Fortune 500 leaders, and investors are attending Chicago’s flagship food innovation conference hosted by World Business Chicago. CHICAGO, May 26, 2022 – Chicago Mayor Lori
World Business Chicago at SeedCon 2022
The Rattan L. Khosa SeedCon is Chicago Booth’s flagship entrepreneurship and venture capital conference. As the world seemed to stand still amidst the COVID-19 pandemic, investors, entrepreneurs, an
World Business Chicago Partners with Global Fintech Leader tastytrade for ThinkChicago Fintech Summit
“Innovation is the many years of study and analysis, which then finds itself in the path of an emerging opportunity” -Linwood Ma, tastytrade CTO World Business Chicago was proud to…
CBO Collective Announces $1 Million Grant from Google.org to Provide Job Placement and Support to Jobseekers from Under-Resourced Chicago Communities
CHICAGO — The Community Based Organization Collective today announced a $1 million grant from Google.org to help place hundreds of jobseekers on Chicago’s South and West sides into in-demand caree