Investment Vision 2010 Series: Chicago

Insight Group PLC - Research Room: Chicago

Our goal is to position Chicago to reap the benefits of the better economic times to come. One of the most important things we can do in that regard is to ensure that we're helping our businesses.

-Mayor Richard Daley, 2010

Chicago is the third largest city in the United States with a population of more than 2.8 million people. It is located in the State of Illinois.

Chicago has quickly grown to become a major transportation and telecommunication hub as well as a centre for industry, business and finance. It is now in the top ten Global Financial Centres in the world.

Today, it is home to a Federal Reserve Bank and three major stock exchanges including the Chicago Board of Trade ´┐Ż the oldest futures and options exchange in the world.

Chicago is ranked as an "alpha world city" which reflects its important role in the global economic system. It has been rated as having the most balanced economy in the US due to its high level of diversification.

Chicago was named the fifth most important business centre in the world in the most recent Worldwide Centres of Commerce Index (MasterCard Worldwide Centres of Commerce Index, 2008).

Chicago is a global leader in options, futures and derivatives trading and leads the way nationally in industries such as business and financial services, manufacturing, information technology, health services, and transportation and distribution.

In this report

  • Executive Summary
  • Economic History
  • The Situation Today
  • Political Environment
  • SWOT Analysis
  • Investing in the Region
  • The Outlook
 

Key data

  • Gross regional product of US$484 billion (2008)
  • 9.6 million population with 4.5 million employees
  • A highly educated, skilled and diversified workforce
  • One of the most cost´┐Żeffective cities in the world for doing business
  • Home to a quarter of all global futures, options and derivatives trading

Download this free report independently written by our Market Intelligence & Research Unit (MIRU) to find out more about this flourishing region.

Insight Group PLC - Research Room: chicago map

 

Insight Group PLC - Research Room: chicago download