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Letter to the Editor: Crain’s Chicago Business, Cloud Tax Gives Startups Sticker Shock in Chicago
Dear Editor,
This letter is in response to John Pletz’s piece titled “Cloud tax gives startups sticker shock,” I’m pleased to avoid the chill in the air set by Chicago’s 5.25 percent cloud tax by choosing the warm and friendly business climate of DuPage County.
Leaders in DuPage County have given us entrepreneurs abundant opportunities to expand our businesses without being burdened by excessive regulations and exorbitant taxes. Continue reading
Governor Rauner’s State of the State Address
As prepared for delivery.
Below is Governor Rauner’s State of the State Address, release January 2016. Continue reading
Suburban Office Vacancy Hits Lowest Level in 14 Years
By: Ryan Ori, Crain’s Chicago Business
Suburban Chicago office landlords didn’t sign any blockbuster leases in the fourth quarter, but they still had reason to toast 2015.
Overall suburban vacancy fell to 18.5 percent in the period, down from 19 percent in the previous quarter and 22.6 percent a year earlier, according to Chicago-based Jones Lang LaSalle.
Vacancy, which climbed all the way to 25.4 percent in 2010 during a downturn, is at the lowest level since third-quarter 2001. Continue reading
Innovation in DuPage County
From astonishing waves of innovation to technology that changes business models – DuPage County is a place of emerging opportunities.
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Positive Outlook for 2016: Business Leaders Expect U.S. Economy to Continue to Improve
CHICAGO, ILLINOIS — BMO Harris Bank released a study today that found business owners and executives in the United States are looking ahead to 2016 with high expectations for the U.S. economy. Positive sentiment increased considerably compared to the results of the same survey last year. Continue reading
Calamos Investment Team Releases January 2016 Economic Outlook
The paper explains why the team expects bifurcation and volatility to remain dominant themes in 2016, making positioning especially important. Topics covered in the piece include the firm’s perspectives on: U.S. equities, emerging markets, Europe and Japan, convertible securities, high yield opportunities, and alternative strategies.
Calamos invites you to read the entire Economic Outlook at www.calamos.com/outlook. Continue reading
Industrial Market’s Outstanding 2015 Results
Fourth quarter positive net absorption totaled 2.3 million SF, driving the annual absorption total to an impressive 22.3 million SF. The fourth quarter vacancy rate decreased to 7.24%, down 70 basis points from the vacancy rate of 7.95% measured one year ago. Continue reading
NAI Hiffman Office Market Peek: 4th Quarter, 2015
The Chicago suburban office market totaled 186,000 SF of net absorption during the quarter, improving the 2015 total to 877,000 SF. The vacancy rate declined to 17.74%, an 80 basis point improvement from the vacancy rate of 18.56% recorded one year ago.
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Third Quarter 2015 Economic Indicators
Here is the economic indicators report for the third quarter of 2015.
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