Top News

Illinois has worst personal income recovery in Midwest, second worst in U.S.

Michael Lucci, Illinois Policy Institute Aug. 9, 2016, 8:15am

A new study by The Pew Charitable Trusts shows Illinois trails all states but Nevada in personal income growth since the Great Recession, with a growth rate half that of Illinois’ neighbors.

Illinois tax code punishes entrepreneurs

Michael Lucci, Illinois Policy Institute Aug. 2, 2016, 8:06am

Entrepreneurship is the embodiment of the American Dream, and through their creativity and hard work, entrepreneurs bring new ideas, products and ways of doing things to the marketplace, often building businesses generating significant numbers of jobs.

May jobs report: Illinois 2,500 payroll jobs, workforce shrinks by 9,100

Michael Lucci, Illinois Policy Institute Jun. 21, 2016, 6:59am

Weak jobs numbers across the Midwest reflect the possibility of an oncoming economic slowdown. In fact, it would not be surprising to face a recession in the upcoming months, given that U.S. jobs growth has been weakening, and it has been seven years since the previous recession ended – a long period of expansion by historical norms.

Caterpillar CEO's warnings 4 years later: Illinois on downward slide as predicted

Michael Lucci, Illinois Policy Institute Feb. 16, 2016, 7:06am

Illinois politicians ignored Caterpillar CEO Doug Oberhelman’s 2012 plea for pro-growth reforms, and Illinois is the only state in the region to have lost manufacturing jobs on net over the last four years.

Why Indiana's population grows faster than Illinois'

Michael Lucci, Illinois Policy Institute Feb. 9, 2016, 3:33pm

Illinois’ weak jobs growth is driving more residents to other states on net than Illinois gains from other states, from natural growth in births or from international immigration.