Data
The Brookings Institution and the National Endowment for the Arts recently hosted an event dealving deeply into data around the affects of the Creative Class on Economic Development.
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We built our Site Selector web-based mapping tool using open-source technology allowing us to easily add geo-data, and end-users to intuitivly toggle layers on a map. For example, universities, industrial districts, and commercial real estate can be added so the user can get a feel for which areas of the city have a convergence those things. In this blog post I discuss a bit about the process of building the tool.
Monthly emails will feature related innovation metrics along with news and statistical insights.
Chicago has been called the most American of American cities. If it is in fact a mirror to the nation, the similarities may be most evident in the makeup of the regional economy. The Chicago region’s industry mix most closely matches the U.S. among major metros.
The term “innovation” seems to be taking over for “green” as one of the most often cited and seldomly-defined terms in business lingo. Public, private and not-for-profit sectors across states and major cities are dedicating resources not only to define, but measure and benchmark progress in the innovation sector.
Did you know that World Business Chicago is the only place to find certain information about our city?
As labor market components – both on the supply (resumes) and demand (job postings) side – increasingly migrate to the web, the fact that the data is minable and searchable is extremely valuable in terms of its potential for informing current labor market indicators.
When it comes to local economic reporting, many media and research organizations take a mosaic approach. Markets are complex, direct relationships are unclear, and sweeping coverage can imply connections that don’t exist. Broad interpretive reporting on the Chicago economy is scarce; often, the audience must assemble the pieces. A rare exception came last month at the Metro Chicago Information Center's annual urban forum.
The Chicago MetroPulse website is new interface for searching and analyzing the vast data sets of the Chicago Regional Indicators Project. The Regional Indicators Project is the collaborative effort of the Chicago Metropolitan Agency for Planning and the Chicago Community Trust to compile, standardize, and disseminate data that quantify many aspects of life in northeastern Illinois.
A couple days ago I met with a new Chicago-based company called ‘GET LOCAL CHICAGO.’ Great concept. Basically these are a bunch of Chicago-based food manufacturers who’ve banded together in support of a brand new entrepreneurial “Gifting Co-op” venture to sell corporate gift boxes comprised entirely of food products made in Chicago.
