We publish and distribute news on a variety of Chicago business development topics. To stay abreast of the latest, feel free to sign up for our monthly eNewsletter, Economic Focus and our RSS Feeds: All News | Press Releases | Newsletter Stories | Research News | Blog Posts

Newsroom

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.

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. 

Chicago Venture Summit

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

Syndicate content
""

Events

Chicago Consular Corps Gala: A Tribute to Our Global Partners December 1, 2014

Chicago Sister Cities International and World Business Chicago once again host the annual Chicago Consular Corps Gala: A Tribute to Our Global Partners. The Honorable Penny Pritzker, U.S. Secretary of Commerce, will serve as the Gala’s keynote speaker.

5th Annual CITCA Holiday Reception December 11, 2014

Join the Chicagoland Chamber of Commerce and CITCA at the 5th Annual CITCA Holiday Reception. Network with trade commissioners, foreign diplomats, business and civic leaders and learn about new growth opportunities in countries and regions around the world.