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Chicago Business Leaders Take More Positive View of Region’s Economy

Chicago-area business leaders are taking a markedly more positive view of the local economy as COVID-19 vaccines spread throughout the population, according to the latest Crain’s-Harris Poll. Thirty-two percent of business leaders surveyed now say business conditions are improving in Chicago, and 44% say the same about the state, Crain’s Chicago Business Reported.

Just 36% and 28%, respectively, say conditions are declining. That compares to a whopping 55% who saw declining business conditions when the pandemic was rapidly deepening this past November.

The 200 area business leaders surveyed were even more optimistic about what conditions will be like later this year. 
The share of leaders who say Chicago’s economy will be good or very good in six months jumped 12 percentage points since the last Executive Pulse Survey to 56%, with the state matching that figure, up 14 percentage points. That’s just short of the national figure, 60%.

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Read more at Crain’s Chicago

About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).