CNBC

Disappearance of Illinois’ manufacturing sector

By Justin Hegy
10/10/2013
It’s hard not to notice the disappearance of Illinois’ manufacturing sector. Anyone driving through the outskirts of Peoria can witness the closed buildings and half-abandoned neighborhoods. Cities all across Illinois have seen a similar story unfold. Illinois’ manufacturing base has been in decline, losing over 130,000 manufacturing jobs in the past decade. Even during the...

TAGS: progressive income tax

Right to Work gives states a competitive advantage

07/14/2013
by Paul Kersey CNBC released its rankings of the friendliest states for business last week. Illinois dropped further down the list, but one nearby state is climbing, in large part because its elected officials passed a Right-to-Work law. CNBC’s Scott Cohn took notice, reporting that the Michigan moved from 33rd to 29th. CNBC’s rating of the state’s...

Illinois drops 11 spots in CNBC’s Top States for Business 2013 index

07/11/2013
by Ben VanMetre CNBC released this week its Top States for Business 2013 index. Illinois dropped 11 notches overall, to 37th from 26th, in just one year. The study scores all 50 states on 51 measures of competitiveness, and the metrics are boiled down to 10 broad categories. Each category is weighted differently. Unfortunately, Illinois ranks...

Another day, another terrible competitiveness ranking for Illinois

By Lawrence McQuillan
07/12/2012
CNBC just released its 2012 America’s Top States for Business, and guess what, Illinois didn’t top the list (no surprise there), but it wasn’t even in the top half! Illinois placed a dismal 26th, worse than most of its neighboring states. Texas took top honors as it has done for three of the six years that...

What Is Texas Doing that We’re Not?

07/20/2010
by Ashley Muchow CNBC recently came out with their 2010 ranking of America’s Top States for Business.  This year, the Lone Star State earned its title as America’s foremost state for business.  Illinois managed to remain in the bottom half, dropping from #25 last year to #30.   CBNC calculates the rankings based on ten categories reflective of the strain or...