Illinois has the largest economy in the Midwest, centered on Chicago's role as a global hub for finance, commodities trading, and transportation.
Illinois has the largest economy in the Midwest, centered on Chicago's role as a global hub for finance, commodities trading, and transportation. The Chicago Mercantile Exchange and Chicago Board of Trade form the world's largest derivatives marketplace. The state is also a manufacturing powerhouse — producing everything from machinery to processed food — and O'Hare International Airport is one of the busiest in the world, supporting a massive logistics and distribution network.
Illinois offers unparalleled Midwest connectivity via rail, air, and interstate highway, along with a deep talent pool from institutions like the University of Chicago, Northwestern, and the University of Illinois system. However, high property taxes and pension obligations remain ongoing concerns for businesses.
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