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Chamber Foundation Projects

Projects

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2014 Illinois Economic Competitiveness Study: An Analysis of Illinois to Advance Illinois in a Complex Global Economy
Commissioned by the Illinois Chamber Foundation and conducted by Northwood University

This new economic competitiveness study is ranking the state’s strengths and weaknesses, finding that Illinois moved form an overall 46th place in 2012 to 39th in 2014. While Illinois has much to do to improve its economy, this study provides the most comprehensive view and sets the benchmark for determining whether the state is improving or backsliding.

Press Release

2014 Military Economic Impact Study
Commissioned by the Illinois Chamber Foundation and the Illinois Lt. Governor’s Office, and conducted by the Northern Illinois University Center for Governmental Studies

The military and the defense industry play an important and quantifiable role in the Illinois economy. Overall, nearly 150,000 jobs and $13.3 billion in economic activity can be attributed directly or indirectly to the military and defense industry in Illinois.

Press Release

2014 Illinois Waterways: A Crisis Continued Study

Commissioned by the Illinois Chamber Foundation and conducted by Prairie State Strategies.

The Illinois waterways relieve traffic congestion, are the safest and most energy-efficient mode of surface transportation, and are vital to Illinois’ agriculture, manufacturing and energy sectors. But we need funding to improve the locks and dams that are critical to Illinois’ economy and environment. This study is a follow-up to the Waterways in Crisis—Deterioration of Illinois’ Waters Threatens Economic and Environment Disaster report issued in 2009.

2010 The Economic Impacts of the Energy Industry in Illinois

Commissioned by the Illinois Chamber Foundation on behalf of the Chamber Economic Development Council and conducted by Northern Illinois University’s Regional Development Institute

The energy industry is a powerful engine in the Illinois economy, directly or indirectly producing 150,000 jobs and creating $80 billion in economic output.  The study shows how important it is for Illinois to retain and attract well-paying energy jobs.

Press Release
Energy Industry Report
Illinois Chamber Energy Study Fact Sheet

2008 Illinois Competitiveness Scorecard
Commissioned by the Illinois Chamber Foundation on behalf of the Chamber Economic Development Council and conducted by GrowthEconomics.

The Illinois Economic Competitiveness Scorecard provides accurate and timely information and perspectives on how Illinois is doing compared to other states in far-reaching categories.  This benchmark study was conducted by GrowthEconomics with the expectation that it will be used by both the private sector and public officials when addressing long-term issues critical to improving the state’s competitive edge.

2007 Lock Study
commissioned by the Illinois Chamber Foundation on behalf of the Chamber Infrastructure Council and conducted by Ernst & Young.

The Impact of a Lock Failure on Commodity Transportation on the Mississippi or Illinois Waterway study was conducted by The Food and Agricultural Policy Research Institute, University of Missouri – Columbia (FAPRI) Global Insight Transportation Group and Texas A & M University to determine the economic impact of lock failures on the Illinois and Upper Mississippi Rivers.

The study offers insight regarding the potential economic damage caused by a lock failure on either the Mississippi or Illinois waterway. The Mississippi and Illinois waterways handle millions of tons of goods each year. Most of the locks on both rivers have exceeded their operational lifespan. The study assesses the impact of a lock failure at either Lock 25 on the Mississippi River or the La Grange Lock on the Illinois River on commodity producers and consumers. The analysis takes a conservative look at the impacts by closing only one river at a time from October to December of 2005. The study covers both agricultural and non-agricultural commodities.

2006 Illinois State and Local Business Tax Study
commissioned by the Illinois Chamber Foundation on behalf of the Chamber Tax Institute and conducted by Ernst & Young.

The Illinois legislature considers significant changes in the Illinois state and local tax system, including taxes paid by business. This report provides comprehensive estimates of the state and local taxes currently paid by business taxpayers in Illinois. This is critical information needed to evaluate Illinois tax policy options. This study updates Illinois business tax estimates prepared by Ernst & Young for fiscal year 2003.

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