Index Shows Midwest Economic Growth Increased Slightly in December

Today, the Federal Reserve Bank of Chicago released December 2015 figures for its Midwest Economy Index (MEI). The MEI is a weighted average of 129 indicators designed to measure non-farm business…

Local Employment Trends December 2015

Today, the Illinois Department of Employment Security (IDES) released preliminary December 2015 unemployment rates for municipalities across the state based on the current population survey (or “household survey”). The following brief summarizes this data, as well as job estimates by industry…

Chicago Based Startup Triples Size of Office & Will Triple Staff in 2016

ReviewTrackers Finds New Home and Leverages Job Creation Tax Credit To Withstand Big Growth for Upcoming Year

Case-Shiller Home Price Index, November 2015

Today, Standard & Poor’s (S&P) released November 2015 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…

2015 Year in Review

Dear Colleague, I’d like to take a minute to thank you for your support in 2015, and provide a recap of the work we’ve done to drive growth throughout the…

$553.8M VC invested in Chicago in Q4 2015

DJX VentureSource has released its Q4 2015 venture capital report, which tracks investments into companies that have received at least one round of venture funding. Chicago’s $553.8 million VC dollars invested…

CASE Generates More Than $9M in Revenue Since Inception

World Business Chicago’s CASE initiative (Chicago Anchors for a Strong Economy) has generated more than $9 million in new contracts since its inception in 2014. The program leverages anchors (large…

Chicago Growing, Fourth Quarter 2015

GE Healthcare joins list of companies locating or expanding in Chicago

December Home Prices and Sales Up Over Last Year

Today, the Illinois Association of Realtors (IAR) reported that residential sales in the city of Chicago increased slightly by 0.4% since last year, with 2,029 sales in December 2015 compared…

Chicago Tourism Metrics, December 2015

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.…

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