Illinois economy

Glennon said modern buildings with amenities are holding up well, but older, Class B buildings are selling space for 10 or 20 cents on the dollar. #office #chicago #rates

Illinois housing affordability efforts pit tax cuts against new spending (via The Center Square) – As homeownership may be growing out of reach for...

By expanding the number of Illinois properties ready for development, we’re setting the stage for long-term economic growth.” #economic #funding #readiness

“January’s strong payroll growth demonstrates Illinois’ economic resilience, with gains in key sectors,” said Deputy Governor Andy Manar. #payroll #unemployment #rates

As part of the expansion, Mars Snacking will open a new North America regional office in the Fulton Market district with capacity for more than 1,000 employees. #jobs #marssnacking #headquarters

The plan also includes new financial tools, such as expanded down payment assistance programs for first-time homebuyers, along with additional support for affordable and middle-income housing construction. #housing #proposal #costs

ICC Chairman Doug Scott said the continued investment reflects positively on both businesses and the state’s economy. #icc #utilities #investments

State officials framed the announcement as a significant win for Illinois’ economy and a signal of continued momentum in attracting large-scale employers. #illinois #hyundai #jobs

At 48 cents a gallon, Illinois has one of the highest gas tax in the country, trailing only California’s 70-cents a gallon. #taxes #gas #prices

Chicago has emerged as a major production center, now ranking as the third-best large U.S. city for film industry workers. The state continues to host high-profile productions, including NBC’s “Chicago Fire,” “Chicago Med,” and “Chicago P.D.,” as well as acclaimed series like “The Bear” and “The Chi.” #film #production #chicago