Due to its poor financial health and lagging economy, Illinois carries unique economic and fiscal risks from a prolonged market downturn or recession. The state must act now to mitigate harm from COVID-19.View Report
Home price appreciation in Illinois was the slowest in the U.S. between the third quarter of 2018 and the third quarter of 2019, federal data showed.
Illinois’ uneven recovery reflects national trends, but also raises important questions about the state’s economic future ahead of a key tax hike vote.
Most new jobs in Illinois are created by small businesses, yet state leaders are asking voters to hurt them by raising taxes on these employment dynamos.
A real estate investment deal arranged by a firm that employed former Mayor Richard M. Daley’s nephew has dealt a blow to Chicago’s cash-strapped pension funds, underscoring the need for a 401(k)-style alternative.
Illinois will not diverge from its path of poor growth until lawmakers realize the failures of recent tax hikes.
Illinois has been ranked third-to-last for business friendliness in three straight surveys of CEOs.
Illinois is poised to lead the crowdfunding revolution.
The village of Tinley Park has doubled-down on its investment in a privately managed restaurant within the 80th Avenue Metra station, voting this month to give $57,000 to Parmesans Station for a new pizza oven, according to the Chicago Tribune. In 2012, the village fronted a $600,000 investment for the restaurant space to complement the...