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…
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…
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…
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…
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…
World Business Chicago Publishes 2015 Annual Report
World Business Chicago’s 2015 Annual Report outlines WBC’s impact in and around Chicago
Global Mayors and Leaders Convene in Chicago
Mayors and government leaders from Chicago’s sister cities recently convened in Chicago as part of the Chicago Forum on Global Cities. The group included Leader of City Council John Clancy…
McDonald’s to Move Corporate Headquarters to Chicago
Subheading Goes Here McDonald’s Corp. recently announced that it will move its corporate headquarters to downtown Chicago by the spring of 2018. The company signed a lease at 1045 W. Randolph…
May 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 by 5.0% since last year, with 2,887 sales in May 2016 compared to 2,750 sales…
Chicago Tourism Metrics, May 2016
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.…