Chicago's Business Climate

Home to an unrivaled talent pool, Chicago is centrally located at the nexus between European and Asian markets, and the North American Free Trade zone. The region features a strong, globally diverse economy larger than that of many countries, has a uniquely friendly and welcoming business community, and boasts one of the best quality-of-life to cost-of-living ratios in the nation.

Tremendous Talent

Stellar educational institutions develop a steady stream of talent in Chicago.

Central Location

Chicago is at the center of global trade, transit, and data networks.

As Big as a Country

Chicago's $671B GRP is more than countries like Argentina, Sweden, and Poland.

14%

is the largest portion of the workforce that any single industry employs in Chicago

Economic Diversification Matters

A diverse economy remains strong even during times of trouble in certain sectors

Chicago's Diverse Economy

Growing Nexus of Innovation

From the world’s first skyscraper to the invention of improv comedy, Chicago has always been a hothouse of creativity & innovation; a place where ideas are seen as the highest form of currency

Chicago's Innovation Ecosystem
370

digital startups launched per year on average

4

Today we have convened private, public, and nonprofit leaders to focus on four desired outcomes: (1) Inclusive Growth (2) Population Growth (3) Prosperity During Change, and (4) Recession Resiliency. We have identified four growth clusters which have strong potential to drive economic growth: (1) Transportation, Distribution and Logistics, (2) Technology, (3) Tourism and Hospitality, and (4) Healthcare and Life Sciences.

Economy 2030

We are leading the city’s long-term economic development plan.

Plan for Economic Growth & Jobs

International Ties

Chicago-based companies have more than 8,000 locations in 170 countries and territories

Chicago's Global Ties
1.8k

foreign-based companies call Chicago home

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