Illinois ranks 44 th in this area overall, and its tax rank is especially low at 46. According to the Tax Foundation, Illinois’s state and local tax burden is 12.9% of its share of national output.

The current Illinois economic story includes higher unemployment, store closings, layoffs and inflation. The state’s jobless rate rose to 5% in June.

Illinois Gov. J.B. Pritzker recently signed a bill calling for the end of coal as a power source and mandating only clean energy production by 2050.

Overall, the study ranked Illinois 40th for its state economy but dead last in the economic health category. “Fifty-one out of 50 states and Washington, D.C.,” said Lugo.

A recent ABC News poll found those three issues ranked high in importance for U.S. adults this cycle, with 89% of respondents listing the economy as their top issue.

Illinois Gov. JB Pritzker is among the governors of 7 states taking executive action to evaluate how the Trump administration's tariff policies will affect the economy.

Illinois Now Among Leading States in National Economic Development Rankings In 2023, Illinois topped the lists of major economic development rankings, including Site Selection Magazine, CNBC’s ...

Closures and layoffs present challenges for Illinois economic development By Jim Talamonti | The Center Square Aug 8, 2024 Updated Aug 8, 2024 ...

Overall, the study ranked Illinois 40th for its state economy but dead last in the economic health category. “Fifty-one out of 50 states and Washington, D.C.,” said Lugo.

NAT WILLIAMS Illinois Farmer Today Nov 11, 2021 Nov 11, 2021Updated Jun 8, 2023 ...