Chicago by the Numbers July 2016
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 9,650 jobs, a 0.8 percent year-over-year improvement since May 2016. This growth is mostly attributed to the leisure & hospitality (+3,956), retail (+2,992) and education & health (+1,865) sectors.
- The Chicago Business Barometer (Purchasing Manager Index) increased by 7.4 percentage points year-over-year from 49.4 in May 2015 to 56.8 in May 2016.
- The number of patents issued in Chicago (city) increased by 14.8%, from 789 in June 2015 YTD to 906 in June 2016 YTD.
- Venture capital investment in the Chicago area increased by 226.8%, from $110.5M in Q2-2015 to $ 361.3M in Q2-2016.
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
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