Economy - Chronicle Media

Sales-tax revenues takes hit in many cities, counties

— May 25, 2020

A “perfect storm” of issues has sucked $2.7 billion out of Illinois’ coffers, according to a state finance expert. Jim Muschinske, revenue manager for the state’s Commission…

Pritzker unveils reopening Illinois plan based on regions, phases
— May 5, 2020

SPRINGFIELD — Gov. J.B. Pritzker unveiled a plan Tuesday, May 5 for the gradual reopening of the state’s economy on a region-by-region basis, but he suggested it could take several…
Mayors from around Illinois discuss fiscal hits, restarting business
— April 24, 2020

Illinois’ ultimate first responders — mayors of six of the state’s largest cities — don’t see any quick economic recovery when shutdowns forced by the COVID-19 virus come…
McLean County economic leader says diversification is key to growth
— January 22, 2020

For years, the insurance industry and higher education have been juggernauts fueling McLean County’s economy. While neither sector is showing signs of slowing down in the Bloomington-Normal…
Illinois job growth mainly concentrated in northern region
— March 29, 2019

SPRINGFIELD — Metropolitan areas in northern Illinois enjoyed most of the job growth that occurred in the state over the past year while a number of central-state communities saw…

Pritzker defends state restrictions applying to all regions
— April 27, 2020

SPRINGFIELD – Gov. J.B. Pritzker urged southern Illinoisans to continue to comply with a stay-at-home order and named a pair of counties where the rate of those killed by the virus…
Governor says ‘mass opening’ of economy not coming May 1 as another 100 deaths reported today
— April 21, 2020

SPRINGFIELD – Changes are coming to the stay-at-home order, Gov. J.B. Pritzker said again at his daily COVID-19 briefing Tuesday, April 21 in Chicago, but it is unclear what…
Illinois personal income grows 4.5 percent in 2018
— March 29, 2019

SPRINGFIELD — Personal income in Illinois grew 4.5 percent in 2018, which was more than any surrounding state but on par with the national average, the U.S. Bureau of Economic Analysis…