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

News

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

Summit to help highlight how Chicago and the nation can become stronger trade partners with China well into the future.

The gala’s international guest list included members of the 84 foreign consulates alongside U.S. Secretary of Commerce, Penny Pritzker and Mayor Rahm Emanuel.

World Business Chicago's distinguished fellowship program provides a unique way for civic-minded companies and individuals impact their communities. The program offers prominent professional development opportunities for mid-level executives throughout the Chicago area to drive Mayor Emanuel’s Plan for Economic Growth and Jobs strategies.

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. Note: employment data refers to payroll job estimates for the city of Chicago and is not adjusted for seasonality.

JLL's recent Market Pulse report highlights Chicago's tech sector

This morning, the Bureau of Labor Statistics released preliminary October 2014 unemployment rates for all metros. 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.

Chicago Sister Cities International and World Business Chicago hosted the annual Chicago Consular Corps Gala: A Tribute to Our Global Partners .

This morning, the Federal Reserve Bank of Chicago released October 2014 figures for its Midwest Economy Index (MEI).

The Illinois Department of Employment Security (IDES) has released preliminary 2014 employment data for Chicago communities.

U.S. Secretary of Commerce Penny Pritzker and U.S. Trade Representative Michael Froman will host a high-level Government of China delegation for the 25th session of the U.S.-China Joint Commission on Commerce and Trade (JCCT), December 16-18 in Chicago, the first time the session has been held outside of Washington D.C. in the U.S.

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

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

Startup investment is crucial to the innovation ecosystem. Chicago saw a record high volume of startup investment deals in the third quarter of 2014, and year-to-date data indicate a more even distribution by funding stage than in previous years. 

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

This morning, the Illinois Association of Realtors (IAR) reported that residential sales in the city of Chicago fell 8.6 percent year-over-year, while median prices improved by 8.9 percent. 

Updated metrics on hotel average daily rate and occupancy trends, air passengers for the City of Chicago.

Reshaping Manufacturing's Future

Chicago is one of a few global cities working to change the image of the manufacturing industry.  At its core, manufacturing has long been considered a blue-collar industry. You think of steel and auto manufacturing, plastics – workers on an assembly line.

That has changed. 

Chicago is the center of gravity for a major shift going on in manufacturing. This movement presents one of the most significant opportunities for growth in our economy in the next decade. Inventables founder and CEO, Zach Kaplan explains.

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