The JPMorgan Chase Institute recently released Q1 2016 updates for its Local Consumer Commerce Index (LCCI), a measure of the year-over-year growth rate of Chase debit and credit card spending1. The LCCI captures point-of-purchase data to provide a local snapshot of consumer spending in 15 cities and… Read More
Today, Standard & Poor’s (S&P) released April 2016 values for its Case-Shiller Home Price Index, which tracks the prices of existing single-family homes in 20 U.S. metro areas. The index in each metropolitan area extends from a… Read More
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 business activity in the Midwest (IL,… Read More
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 “Top Metro” for corporate investment in… Read More
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 following brief summarizes this data, as… Read More
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 in May 2015. The median sale… Read More
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. Choose… Read More
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, and… Read More
Yesterday, the Bureau of Labor Statistics (BLS) released April 2016 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). Read More
This morning, the U.S. Bureau of Labor Statistics (BLS) released preliminary April 2016 unemployment rates for all Metropolitan Statistical Areas (MSAs). The unemployment rate measures the percentage of the local workforce that reports itself as being… Read More
