Why Chicago?

Economic Overview

Chicago offers an expansive international network boasting a $634 billion economy, and for the sixth year in a row, leads the U.S. in foreign direct investment according to the 2018 IBM Global Location Trends report. Ranked in the top 10 for most competitive cities for business in the world.



#1 U.S. metro for corporate relocations & expansions for 6 consecutive years

#1 U.S. metro for foreign direct investment projects for 6 consecutive years

#1 most diversified economy in the U.S.

#1 best connected aviation system in the U.S. and #2 best connected globally – OAG

#1 U.S. Top Tech Spot of the Future – Modis 2017 Survey

Top 5 innovation & tech hub in the United States – KPMG

Top 10 global city in 2018 – AT Kearney

400 major corporate HQs with 1,000+ employees

Record low citywide unemployment, at 4.0% in December 2018 – Bureau of Labor Statistics

10% rise in median household income since 2011, well above national median household income - ACS



37.5% of residents have a bachelor’s or higher degree, up from 28.2% in 2011, and far above the 31% national average. - ACS

119,000 new graduates annually from 136 colleges & universities in Chicago

500,000 current university students, 3rd most in the U.S. – CityLab

Top Schools for business, technology, engineering, and design, including two of the of nation’s top six business schools: University of Chicago and Northwestern. – US News

Two national laboratories: Argonne and Fermi Accelerator

World #1 University-backed incubator, 1871 Inc. – UBI Global

CPS is home to 56 IB schools (22 high schools and 34 elementary schools) serving more than 16,000 students.


Source: World Business Chicago

Testimonials - Why They Choose Chicago

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