Media Contact: Karley Sweet | 312.553.4658 | ksweet@WorldBusinessChicago.com

News

This morning, the Illinois Association of Realtors (IAR) reported that residential sales in the city of Chicago fell 8.2 percent year-over-year with 2,664 sales in July 2014 compared to 2,902 in July 2013. 

Today, the Illinois Department of Employment Security (IDES) released preliminary July 2014 unemployment rates for municipalities across the state.

95 Chicago Businesses Make the 2014 Inc. 5000 List of Fastest Growing U.S. Companies 

Venture capitalists and tech leaders will select top emerging companies from across the Midwest to present before nation’s leading investors at October event 

This morning, the Bureau of Labor Statistics (BLS) released July 2014 figures for real earnings. This indicator reflects three components of consumer buying power: average hourly earnings, average weekly hours, and price inflation/deflation. 

This morning, The Bureau of Labor Statistics (BLS) released July 2014 figures for the Consumer Price Index, a common measure of inflation. 

Chicago Mayor Rahm Emanuel recently invited 125 of the nation’s top technology and computer science students to experience the city’s fast-growing technology industry and bring them to one of the country’s most popular musical festivals for ThinkChicago: Lollapalooza 2014. This summer’s ThinkChicago is the fifth installment of the successful program, which was established by Mayor Emanuel and Chicago Ideas Week in 2011, and the second installment to be held during Lollapalooza. A record 1,032 applications were received from 36 universities, spanning 34 states and 12 countries.

Byron Spruell was appointed to WBC’s board of directors in March 2014. In his role as Vice Chairman, Central Region and Chicago Managing Principal of Deloitte LLP, he drives Deloitte’s national strategy for client and business growth and strategic positioning in local markets across 22 states consisting of 31 offices and more than 14,000 Deloitte professionals.

In this executive spotlight question and answer, Spruell discusses working and living in Chicago.

The Chicago Venture Summit, hosted by World Business Chicago’s ChicagoNEXT, is a unique regional event that will pair the top emerging tech companies with venture capitalists and corporate strategic partners from across the country.

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, freight demand, and auto and truck sales.

This morning, the Bureau of Labor Statistics (BLS) released June 2014 figures from its Job Openings & Labor Turnover Survey (JOLTS), which tracks job openings, hires, and separations (quits, layoffs and discharges, and other separations including retirement).

Executive Leadership Named: Steven Collens Appointed CEO, Patrick Flavin, Executive Director, Partnerships

Tech leaders to present and participate at October event, highlighting region’s tech success, record new investments and recent billion-dollar exits

Whitley to lead council developed to improve the movement of goods and stimulate regional economic growth

Record Number of Applications Submitted for Event that Supports Next-Generation Innovation and Entrepreneurship, a Key Component of Plan for Economic Growth and Jobs

The Federal Reserve Bank of Chicago released June 2014 figures for its Midwest Economy Index (MEI), a weighted average of 129 indicators designed to measure nonfarm business activity in the Midwest (IL, IN, MI, WI, IA).

This morning, the US Bureau of Labor Statistics (BLS) released preliminary June 2014 unemployment rates for all Metropolitan Statistical Areas (MSAs). The unemployment rate measures the percentage of the local workforce that reports itself as being out of work, information that the government collects by surveying households.

This morning, Standard & Poor’s (S&P) released May 2014 values for its Case-Shiller Home Price Index, which tracks the prices of existing single-family homes in 20 U.S. metro areas.

Last month, the Federal Communications Commission (FCC) released new data that show statewide increases in broadband connections in 2013. World Business Chicago examined these numbers in its latest contribution to the Illinois Innovation Index published today.

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