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Tag: Illinois economy

State revenues $4.6 billion higher than initially projected

State revenues $4.6 billion higher than initially projected

— February 24, 2022

SPRINGFIELD – A House revenue committee on Thursday, Feb. 24 heard projections of an Illinois economy that is steadily moving back toward a level of pre-pandemic normalcy, which means…

  • Illinois moves to Phase 5, full reopening, Friday

    Illinois moves to Phase 5, full reopening, Friday

    — June 10, 2021

    SPRINGFIELD – Starting Friday, Illinois will be in Phase 5 of the COVID-19 reopening plan, meaning businesses and organizations can resume normal activity, although some limited restrictions…

  • Workers’ comp premiums fall, but Illinois still lags behind neighbors

    Workers’ comp premiums fall, but Illinois still lags behind neighbors

    — August 8, 2016

    New data on Illinois workers’ compensation insurance show employers are in for some savings next year, but business advocates say it doesn’t mean Illinois has become more…

  • Illinois economy shrinks 4 percent in 2020 despite late growth

    Illinois economy shrinks 4 percent in 2020 despite late growth

    — May 3, 2021

    SPRINGFIELD – The Illinois economy shrank by 4 percent in 2020 as the COVID-19 pandemic wreaked havoc on many of its sectors, although there were signs of a recovery taking place…

  • Analyst: Sluggish state economy lags national growth

    Analyst: Sluggish state economy lags national growth

    — August 6, 2016

    The economist who assembles the Illinois Flash Index, an ongoing measure of economic activity, said the state continues to lag the nation in several economic categories. J. Fred Geirtz,…

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