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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.

Chicago ranks second in the nation for the number of fast-growing small businesses, according to the recently released Inc. 5000 list. The city is home to 95 companies on the list, which is more than Atlanta, Austin, San Diego, Houston, San Francisco, Dallas and Denver. Five Chicago businesses are in the top 500 fastest growing in the nation. Only New York City has more businesses on the list.

The City of Chicago has issued a request for proposals (RFP) to advance commercial development around Chicago’s Riverwalk. According to a study commissioned by the City, investing in the Riverwalk has the potential to drive roughly $3 billion in net new spending in the Chicago economy over the next 35 years

Digital development agency Dom & Tom Inc. recently announced that the company is doubling its office space in Chicago’s Tribune Tower and hiring several web and mobile developers, UX/UI specialists, visual designers, and digital strategists. Co-founder and CEO, Tom Tancredi, has relocated to the Chicago office from New York City, where the company was founded five years ago, to focus on the company’s continued expansion

 

Emerging companies selected in mobile security, fintech, digital marketing, auto claims appraisals, edtech, mobile engagement, on-demand utilization, and healthtech categories

This morning, the Bureau of Labor Statistics (BLS) released July 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).

New ‘plug-and-play’ office concept offers flexibility to employees, and establishes launching pad to expand international opportunities

Travis Kalanick to discuss innovation, growth and the impact of disruption

Emerging companies selected in mobile, social, SaaS, e-commerce and data security

Program to Bring 150 of the Midwest’s Top Technology and Engineering Students to Chicago; 450 Students Have Participated Since 2011 

This morning, the Federal Reserve Bank of Chicago released July 2014 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, IN, MI, WI, IA).

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Events

2014 Great Lakes Symposium on Smart Grid and the New Energy Economy September 22, 2014 - September 25, 2014

Panel discussion “Public-Private Partnership: Municipal, Academic, and Industry Perspectives,” to include WBC President & CEO Jeff Malehorn

DatacenterDynamics Converged October 1, 2014

The DCD Converged Conference and Expo brings together the people, the processes and the technologies in order to help our delegates develop a world class data center strategy.