
Life Science, Transportation Sectors Lead Growth in Chicagoland Region
A report released Monday by World Business Chicago’s Research Center reveals strong growth in the life sciences and transportation sectors in the Chicagoland region. The report, “World Business Chicago Insights: High-Growth Industries in Chicagoland,” also found that finance and business and professional services are significant core industries, while the manufacturing sector, particularly food manufacturing, has seen high rates of innovation.
The report was released in conjunction with the formation of the Greater Chicagoland Economic Partnership, a collaboration between World Business Chicago and Cook, DuPage, Kane, Kendall, Lake, McHenry, and Will Counties.
The report highlights the crucial role that innovation plays in driving industry growth in the region, which boasts a strong focus on R&D and a vibrant community of entrepreneurs and small businesses. It also highlights the region’s strengths in business growth, accessibility to resources, affordability and quality of life, and emphasizes the benefits of a unified regional strategy.
- ◦Economy