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Topic: Economy of Chicago


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In the News (Fri 11 Dec 09)

  
  Economy of Chicago - Wikipedia, the free encyclopedia
Chicago has been a center for commerce in the United States for most of its since its early days as a city incorporated in 1833.
That soon changed when in the 1840s Chicago became the largest grain port in the world, shipping food from the Mississippi Valley region which was also growing into the largest food producing region in the world.
In 1848 Chicago built its first grain elevator, and the Chicago Board of Trade was established.
en.wikipedia.org /wiki/Economy_of_Chicago   (713 words)

  
 Chicago, Illinois - Wikipedia, the free encyclopedia
Chicago was the site of the world's first skyscraper, and today is the architectural, financial, and cultural capital of the Midwest and transportation center of the country, with more rail lines and interstates radiating from the city than any other city in the country.
Chicago's politics lean famously to the left compared to the rest of the Midwest, and it is often said that Chicago is the "East Coast" of the Midwest.
The Chicago Bulls of the NBA are one of the most recognized basketball team in the world, thanks to the heroics of a player often cited as the best ever, Michael Jordan, who led the team to six NBA championships in eight seasons in the 1990s.
en.wikipedia.org /wiki/Chicago   (7552 words)

  
 Economic Geography
Chicago's printing and publishing industry, second only to New York's, developed with companies such as R. Donnelley and Sons, which located near the downtown because of the demand for business information and the proliferation of commercial journals.
Chicago banks had expanded quickly after the Civil War; the city ranked second nationally in banking, manufacturing, wholesaling, and population by the end of the century.
Chicago businesses reeled during the Great Depression of the 1930s and then boomed because of World War II defense contracts, but the regional shift determined the long-term trend in economic growth and hence in population, and in 1990 Los Angeles surpassed Chicago as the second city in population and wholesaling.
www.encyclopedia.chicagohistory.org /pages/409.html   (4111 words)

  
 Chicago (city, Illinois) - Search View - MSN Encarta
Chicago is the third largest city in the United States and one of the country’s leading industrial, commercial, transportation, and financial centers.
Chicago is the center of a large metropolitan area spreading across three states, from Kenosha, Wisconsin, in the north to Gary, Indiana, in the southeast.
Chicago is a center of higher education, with numerous colleges and universities.
encarta.msn.com /text_761576998__1/Chicago_(city_Illinois).html   (3125 words)

  
 THE CHICAGO SCHOOL
Also at Chicago during this time were the "Mathematical Trio" -- Oskar Lange, Henry Schultz and Paul H. Douglas -- economists with a particular bent for the theoretical approach of the Lausanne School.
It was the Second Chicago School that is often accused of being the modern version of Manchester School liberalism (or, as some maintain, the more conservative tradition of American apologism).
For the longest time, Chicago was the only school in America not swept by the Keynesian Revolution (the presence of Lloyd A. Metzler for a brief period on the faculty was exceptional).
cepa.newschool.edu /het/schools/chicago.htm   (1790 words)

  
 Economy of Chicago: Facts and details from Encyclopedia Topic   (Site not responding. Last check: 2007-10-12)
The illinois and michigan canal ran 97 miles (155 km) from the bridgeport neighborhood in chicago, illinoischicago on the chicago river to peru, illinois...
The chicago board of trade (cbot), established in 1848, is the worlds oldest futures and options exchange....
The chicago stock exchange, located in chicago, illinois, is the third most active stock exchange in the united states by volume....
www.absoluteastronomy.com /encyclopedia/E/Ec/Economy_of_Chicago.htm   (1292 words)

  
 Midwest Economy: Chicago Survey
Chicago is arguably one of the most-studied places in the world.
Some one-time Chicago self-examinations coming up this year are in celebration of the 97th anniversary of the publication of the great Burnham Plan of Chicago.
The prism of comparison of Chicago today to the Chicago of 1980 reveals a city that has moved on from economic despair and survived a period of profound economic restructuring and political turmoil.
midwest.chicagofedblogs.org /archives/2006/03/chicago_survey.html   (1136 words)

  
 Chicago Tribune Advertiser Web Site
If Chicago were a nation, it would have the world's 19th largest economy with more than $392 billion of gross metropolitan product.
Chicago is also a leading labor market for a variety of occupations.
Chicago is a vibrant, progressive city with a diverse, powerhouse economy, and a dynamic international business community.
classified.tribune.com /ctadvertiserwebsite/market.htm   (265 words)

  
 Midwest Economy: Chicago's Exchanges Look to the Future
Chicago’s importance as a financial center is defined by its exchanges and associated dealers and brokers.
Many other linkages to Chicago’s economy, such as the needs of large local companies to balance their financial risks and risk exchanges’ ties with other financial and legal services firms and universities, were articulated in that report.
Chicago’s exchanges had suffered through some rough periods when their traditional “membership” mode of organization, coupled with deep-seated cross-town rivalry, seemed to impede their transition toward computerized trading and other innovations.
midwest.chicagofedblogs.org /archives/2005/10/chicagos_exchan.html   (1419 words)

  
 Chicago's business worries. By Daniel Gross
Chicago is immensely protective of its status as a regional and national economic power: "Hog Butcher for the World, Tool Maker, Stacker of Wheat, Player with Railroads and the Nation's Freight Handler," as Carl Sandburg put it in "Chicago." The city's business establishment—Sears, Wrigley, the Tribune Co.—has been remarkably close-knit and stable for generations.
And in Chicago, as is the case in many other cities large and small, the most significant employers are government entities.
And this study by the Chicago Federal Reserve Board showed that between 1990 and 2000 the number of companies with more than 2,500 employees that were based in Chicago rose from 96 to 109.
www.slate.com /id/2093955   (999 words)

  
 Chicago Department Stores & Retail Entrepreneurs
However, Chicago's entrepreneurial spirit is most notably present in Chicago's retail economy; specifically, the transformation of Chicago into one of the world's premier shopping destinations.
The department stores of Chicago share a special relationship with the city's women as a destination to flaunt material possessions and social status to various members of the community.
The influence of these major contributors in shaping the economy of Chicago and America is truly a credit to the magnificent entrepreneurial spirit of Chicago.
www.umich.edu /~eng217/student_projects/chicagoretail/home.htm   (431 words)

  
 USATODAY.com - Chicago Fed chief: Economy set to surge   (Site not responding. Last check: 2007-10-12)
CHICAGO — The U.S. economy is poised to pick up speed in the second half of the year and into 2004, Federal Reserve Bank of Chicago President Michael Moskow said late Friday.
U.S. central bankers cut rates a month ago to the lowest in 45 years as signs were sparse that the economy was pulling out of its sluggish state.
A: There's clearly a lot of uncertainty in the economy now, but I think the most likely outlook is that the second half will be better than the first and '04 will be better than '03.
www.usatoday.com /money/economy/fed/2003-07-28-moskow2_x.htm   (821 words)

  
 BBC NEWS | Education | 'Cut school holidays for economy'
Chicago mayor, Richard Daley, says to compete with economies in Asia, US pupils need to put in longer hours.
Speaking at the opening of a new high school campus in the city, Chicago's mayor said that schools needed to do more to create a skilled workforce.
Introducing such a "year-round" school timetable in the third biggest school system in the US would be expensive - but he argued that the investment was necessary.
news.bbc.co.uk /go/rss/-/1/hi/education/4333896.stm   (410 words)

  
 Chicago, Ill.
Laid out in 1830, Chicago was incorporated as a village in 1833 and as a city in 1837.
University of Chicago - Chicago, University of, at Chicago; coeducational; inc. 1890, opened 1892 primarily through the...
Chicago, river, United States - Chicago, river, formed in Chicago by the junction of its North Branch (24 mi/39 km long) and South...
www.infoplease.com /ipa/A0108493.html   (502 words)

  
 Bush: My policies boost economy
President Bush addressed the state of the economy in his speech in Chicago on Friday and called on Congress to implement his policies.
Bush noted that the unemployment rate was 4.9 percent and that the economy grew at more than 4 percent in the third quarter.
The economy has added 400,000 jobs in the past two months, and the unemployment rate is down to 4.9 percent, he said.
www.suntimes.com /output/news/cst-nws-prez07.html   (936 words)

  
 Now it's the knowledge economy, stupid
"Chicago is one of only three truly global cities in the country," Weissbourd said.
Chicago can't control the weather but we can work to keep the knowledge occupations here.
Michael Krauss is a Chicago area tech writer and consultant.
www.suntimes.com /output/krauss/cst-fin-krauss02.html   (508 words)

  
 Chicago Fed Letter: What's ahead for the Midwest economy?   (Site not responding. Last check: 2007-10-12)
The Midwest economy finished 1998 at a slightly slower growth pace than it had shown earlier in the year.
Midwest employment had been rising by nearly 2% in the first half, then increased at a 1.5% in the second half.
The strong consumer spending that has supported the national economy has also been quite strong in the Midwest.
www.findarticles.com /p/articles/mi_qa3631/is_199904/ai_n8835352   (406 words)

  
 Chicago's Globally Diversified Economy   (Site not responding. Last check: 2007-10-12)
"The strength of the Chicago economy has always been its diversity, which has enabled us to weather economic downturns better than most other cities."
A workforce more than 4 million strong--an extraordinary mix of humanity driving one of the world's most diversified economies at the speed of business.
Chicago's 'niche' is no niche: we do a great many different things very well indeed.
www.worldbusinesschicago.com /whychi/globally.asp?sect=DL   (199 words)

  
 Chicago Tribune | Global economy strains loyalty in company town
It is one of two stark shapes that make up the First Christian Church, which anchors one of the country's most important collections of modernist architecture.
But as Cummins Inc., the town's biggest employer, responds to the historic shifts rocking the global economy, Columbus, Ind. is discovering that embracing progress can be a messy business.
Highly educated and highly paid, many are also veterans of the global economy.
www.umsl.edu /~sauter/offshore/tribune_outsourcing.html   (4443 words)

  
 Moskow ’59 Promotes Stable Economy as Chicago Fed CEO
The Federal Reserve Bank of Chicago is one of 12 regional Reserve Banks that, along with the Federal Reserve Board in Washington, D.C., make up the nation's central bank.
Moskow might not be head of the Chicago Fed had he not changed his major from English to economics after discovering that he was much stronger in the latter.
Members of the FOMC are expected to voice their opinions about the economy and direction of policy, and based on the comments, Federal Reserve Chairman Alan Greenspan and the committee discuss a policy stance.
www.lafayette.edu /news.php/view/7407   (970 words)

  
 Chicago: New-Economy Player | Planetizen   (Site not responding. Last check: 2007-10-12)
Over the last decade, the Chicago region has seen its share of changes, and as the city looks to the future, it can expect to play a major role in the new economy.
In the past ten years, broad changes in the Chicago region have affected its economy, demographics, public policies, and major residential and commercial property segments.
Since 1990, metropolitan Chicago has added nearly 500,000 jobs, the downtown State Street shopping district has undergone a renaissance after years of decline, and downtown housing construction has gone from virtually nil to a robust 5,000 units annually.
www.planetizen.com /node/1925   (299 words)

  
 Chicago City Guide - Chicago, Illinois by TravelEze.com
Chicago is known worldwide for its cultural institutions and attractions.
No visit to Chicago is complete without stopping at some of its world-famous landmarks such as the Sears Tower, Buckingham Fountain and Navy Pier.
However, what makes Chicago truly special is its many unique neighborhoods.
www.traveleze.com /travel_planning/chicago.html   (186 words)

  
 Chicago Tribune | Economy in the line of fire
Yet even if the war is short, the U.S. economy remains too weak to bounce back strongly, said David Wyss, chief economist at Standard and Poor's Corp. Businesses remain burdened by overinvestment from the 1990s, and demand for U.S. goods is weak worldwide.
But in the job market, where it counts for most Americans, the war could cause higher unemployment if U.S. forces are not successful quickly.
And even if the war is short, he said, it would take time before the recovery gathers enough steam to drive stock prices higher.
faculty.fuqua.duke.edu /~charvey/Media/2003/CT_March_19_2003.htm   (991 words)

  
 Federal Reserve Bank of Chicago   (Site not responding. Last check: 2007-10-12)
Chicago Fed Economic Education Specialist Tim Schilling (above) blogs about topics of interest to teachers.
Article topics include the auto industry, economic value of education, payment instrument choices and insolvency resolution.
Ben Bernanke (left) will be keynote speaker May 18 at Chicago Fed's annual Conference on Bank Structure and Competition.
www.chicagofed.org   (163 words)

  
 Find in a Library: Property rules : political economy in Chicago, 1833-1872
Property rules : political economy in Chicago, 1833-1872
Chicago (Ill.) -- Politics and government -- To 1950.
WorldCat is provided by OCLC Online Computer Library Center, Inc. on behalf of its member libraries.
worldcatlibraries.org /wcpa/ow/b663009eaee64d38a19afeb4da09e526.html   (72 words)

  
 One Economy Corporation - One Economy and Chicago Partners To Deliver ‘1,000 Computers In 100 Days’
Thanks to Computers for Homes, a new program sponsored by One Economy and Chicago-based non-profit Computers for Schools, Tate-Truitt’s wish soon will be fulfilled.
The program will deliver 1,000 computers in 100 days to low-income families in Chicago at prices starting at $150.
Tate-Truitt and her family live in the newly-redeveloped West Haven community in Chicago’s Near West Side.
www.one-economy.com /press/releases/041123_computers-homes.asp   (265 words)

  
 AeANET : Chicago's New Economy Growth Strategy
The AeA Midwest Council was selected by Mayor Richard M. Daley as the key industry partner to move forward the wireless component of Chicago's technology and economic growth plan, as described in the recent McKinsey and Co. study.
We are partnering with World Business Chicago, the Metropolitan Planning Council and others to develop a wireless implementation plan for the second phase of Chicago's CivicNet project.
The $ 320 million phase one of CivicNet will install the most extensive fiber infrastructure in the nation and bring high-speed communications to every neighborhood in Chicago.
www.aeanet.org /AeACouncils/mwjw_NewEconomyGrowthStrategy.asp   (143 words)

  
 Chile's Economy and the 'Chicago Boys'
finance a pet policy of the ''Chicago Boys,'' as the government economists are
First among them was to devalue the peso by 18 percent, and the decree of
televised speech that the Pinochet regime was committed to Chicago economics and
www.owlnet.rice.edu /~poli354/Chile/821221_Economic_crisis.html   (496 words)

  
 Keeping a booming economy | Crain's Chicago Business
Macroeconomic factors, such as deficit reduction, the removal of trade barriers, deregulation and "Alan Greenspan's good instincts," paved the way for the economic boom, said Ms.
Rivlin, who spoke at a luncheon hosted by the Economic Club of Chicago.
"The really good part of this economy started with the productivity surge in the second half of the 1990s." She added that the maturation of the telecommunications and computer industries played a role.
chicagobusiness.com /cgi-bin/news.pl?post_date=2000-11-09&id=870&rel=1   (317 words)

  
 Economy Market - Food & Dining - Chicago, IL, 60651 - Citysearch
Chicago · Yellow Pages · Food & Dining · Grocery Stores· Profile
From a 24-hour restaurant to a shop or gym that never closes, find the best spots for night owls in Chicago.
Find the right DJ, florist, caterer, party rental company, and any other home party needs in Chicago.
www.citysearch.com /profile/41320325   (144 words)

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