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April 2013 figures from the Bureau of Labor Statistics for real
earnings, an indicator reflecting three components of consumer buying
power: average hourly earnings, average weekly hours, and price
inflation/deflation.
April 2013 figures for the Consumer Price Index, a common measure of inflation.
World Business Chicago and Chicago Mayor Rahm Emanuel recently launched Seed Chicago, a collaboration with Kickstarter that highlights projects creating jobs and economic growth in Chicago’s neighborhoods.
International and domestic companies continue to locate and expand in Chicago taking advantage of the city’s tremendous assets. Here are some highlights from the past quarter.
World Business Chicago took part in a number of unique opportunities at the 2013 BIO International Convention; the global event for biotechnology, attracting more than 16,500 thought leaders and attendees from 65 countries to Chicago.
World Business Chicago tracks indicators from month to month to gauge the strength of several aspects of Chicago’s regional economy, including employment in major sectors, residential and office real estate data, price and purchasing indexes, freight demand, and auto and truck sales.
Fortune magazine released the 2013 Fortune 500, a list of the largest corporations in the U.S. based on revenues.
WBC is recruiting software developers to participate in its first ever Logistics Hackathon to connect the region’s transportation and logistics companies to its thriving tech community.
Preliminary March unemployment rates for Chicago and other Metropolitan Statistical Areas (MSAs).
Standard & Poor’s Case-Shiller Home Price Index, which tracks the
prices of existing single-family homes, showed year-over-year increases in all 20 metro areas.
March 2013 figures for the Chicago Fed Midwest Manufacturing Index (CFMMI), an index that uses hours worked data as a measure of industry output in the Midwest region (IL, IN, IA, MI, WI).
