Rockford recently made headlines as the nation’s hottest housing market, but the real story is low supply is driving up prices. Changing zoning laws could spur development that would ease the shortage and prices.
Illinois leaders have built a legacy of massive government spending deficits, extortionate taxes, marauding criminals and failing schools. Instead of Trump-proofing Illinois, maybe we need to Pritzker- and Johnson-proof it.
Published Feb. 10, 2025 Even though federal COVID relief funds provided an unexpected windfall, that one-time jolt of cash could leave many Illinois localities even worse off than they were before. That boost in revenue allowed local governments to put off difficult budgeting decisions, and as that revenue dries up, municipalities will have to contend...
New data shows nine of 15 Illinois metropolitan areas added jobs in December as the state gained 8,800 jobs. Ten metro areas reported higher unemployment than the national average.
Illinois lags both the nation and the Midwest on key indicators of social mobility. The state scores poorly on entrepreneurship, economic growth, institutions and the rule of law.
Gov. J.B. Pritzker recently signed an executive order to increase access to housing for middle-income families. While many of the proposed solutions still miss the mark, there are some important supply-side reforms that could mark a positive shift for Illinois.
Illinois continues to maintain a sluggish job market and high unemployment. The December unemployment rate was third highest in the nation, where it has remained for months.
Published Jan. 28, 2025 Illinois Policy Institute Center for Poverty Solutions, in partnership with the Archbridge Institute By Joshua Bandoch, Ph.D., head of policy, Illinois Policy Institute and Justin Callais, Ph.D., chief economist, Archbridge Institute EXECUTIVE SUMMARY A low-income person’s ability to move up in society is worse in Illinois than in any other Midwestern...