Business leaders mixed on outlook for Illinois

SHARE Business leaders mixed on outlook for Illinois

Illinois business leaders are almost equally divided on whether the Illinois economy in 2014 will improve, stay the same or worsen, according to a new survey from BMO Harris Bank.

Of the business execs and decision makers surveyed, 35 percent expect things in the state to improve this year, 35 percent expect no change and 30 percent anticipate the Illinois economy to worsen. Their outlook for the U.S. economy is better, with 50 percent expecting improvement and 25 percent expecting things to hold steady, according to the BMO Harris Bank Survey: 2014 Business Outlook.

The business leaders were more confident about prospects for their own operations. Forty-six percent of businesses expect to expand in 2014 and 40 percent expect to stay the same.

“Illinois is home to a vast array of strong, efficient companies which weathered the economic storm over the past five years and are in a position to grow,” Dave Casper, BMO Harris Bank executive vice president and head of commercial banking, said in a prepared statement.

The Latest
Both the officer and the suspect were seriously wounded. The shooting June 5 was the third time a law enforcement officer in Chicago had been hit by gunfire in a span of days.
It’s unclear if Griffin will continue his heavy spending in Illinois politics after he and his Citadel hedge fund have packed up and left for Miami. But what was obvious was that his latest big bet on elections in this state was a big failure, up and down the ballot.
Prosecutors are seeking at least 25 years in prison for R. Kelly, who was convicted of sex trafficking last year in New York.
The race in the fall could overturn Democrats’ dominance of the state’s highest court.
Recent success for jumbos since the perch season reopened lends some immediate hope, long-term look is not as exciting; plus the Stray Cast.