CNBC Ranks Illinois Among Top in Nation for Business

Illinois continues to top the charts for business. CNBC ranked the state among the top 10 in the nation in a variety of categories including: ✅ #2 Infrastructure ✅ #2 Education ✅ #6 Access to Capital ✅ #9 Cost of Living As the Illinois Department of Commerce and Economic Opportunity notes, the positive rankings in key competitive categories come as Illinois is experiencing a record-setting year for economic development, including ranking #2 in the nation for corporate investment and #1 for workforce development in the Midwest by Site Selection Magazine. Illinois also shattered its record for film production spending (nearly $700 million) and reached an all-time high for hotel revenues in FY23. Additionally, Illinois reached $1 trillion GDP for the first time in 2022 and nearly tripled companies’ capital investments through EDGE agreements from 2019 pre-pandemic levels to $1 billion in 2022.

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