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Economic Overview

Overview

A Booming Economy

The 19th largest economy in the world, Illinois has grown and attracted some of the most innovative and iconic companies on the planet—including Amazon, Caterpillar, Boeing and Wrigley Company—thanks to its many advantages for business and talent.

Among the state’s greatest assets are its talent pool of nearly 6.5 million people—about a third of whom hold a bachelor’s degree or higher—and one of the finest transportation and logistics networks in the country. Tax credits are offered by our partners at the state and local level to select companies considering alternative locations.

Intersect’s mission is to continue to bring new jobs, investment and economic prosperity to the state through dynamic partnerships and collaborations and to deliver a unified approach to economic development.

Quick Facts
5th
Largest GDP
in the Nation
Quick Facts
19th
Largest Economy
in the World
Based on GDP
Relevant News
Mar 13
Mar 11
Nov 30
Mar 5
Jul 27
March 13, 2019

Illinois Featured in United’s Hemispheres Magazine

Illinois is featured in United’s Hemispheres magazine’s Dossier. More than 700,000 copies of the issue occupy every seat pocket on every United flight in the month of March, and 40 pages of the magazine are devoted to showcasing Illinois and its unmatched academic institutions, its wide variety of communities, and its unique business advantages. A […]

March 11, 2019

Illinois Ranks Third in Site Selection’s Governors Cup

Illinois ranks third in the country in Site Selection’s Governors Cup. The magazine ranks states based on new and expanded corporate facilities. Illinois has 444 projects recorded from 2018. The annual analysis is regarded by the corporate real estate world as the “industry scoreboard.” In addition to Illinois’ ranking, Chicago has once again been named […]

November 30, 2018

Salesforce Announces Salesforce Tower Chicago, Commits to Adding 1,000 New Local Jobs

Salesforce (NYSE:CRM), the global leader in CRM, today announced Salesforce Tower Chicago, significantly expanding the company’s regional headquarters in Chicago. As part of the expansion, Salesforce plans to add 1,000 new jobs locally, over the next five years, helping fuel the city’s economic development.

March 5, 2018

Illinois Ranks Third in Governor’s Cup Awards From Site Selection Magazine

Awarded for The Most Economic Development Projects March 5, 2018 – Congratulations are in order for the state of Illinois and the combined work efforts of INTERSECT ILLINOIS, the statewide private economic development organization, and the states’ local economic development organizations! In the highly coveted Governor’s Cup rankings for 2017, Illinois ranked third in the […]

July 27, 2017

Intersect Illinois reveals results of statewide study to retain, grow business

More than 600 business owners participated in inaugural program year (Chicago, IL) – CORE (Creating Opportunities for Retention and Expansion), a statewidecoalition of economic development professionals designed to retain jobs and investments, and ensure existing businesses in Illinois remain economically viable, released the results from the first year study of over 600 businesses. Intersect Illinois […]