economy

The economy of Illinois, as of April 9, 2025, reflects a mix of strengths and challenges, particularly in relation to jobs and small businesses.

illinois economy

economy overview

The economy of IL is a blend of tax and regulatory issues within the larger frame of reference of revenue generation by the private sector. The private sector runs on after tax funds. Every cost of government impacts the capacity of the private sector to produce goods or services, hire and employ staff and run daily operations.  As the data suggests, IL is underforming the national economy.


Key takeaway: This is what a an economy looks like when a state tax burden exceeds what the private sector can effectively manage.

il economy consequences

Jobs and businesses prosper when state and local economic conditions allow enterprises to grow, expand and fulfill their potential.  Families are adversely impacted when the local economy falters.


Key takeaway: When businesses are reduced to “running in place” to maintain operations, versus growth and expansion, it generates mediocre results and limited job opportunities.



IL economy, especially Chicago, has not benefited the Black community.

Latest Articles, Submissions & Community Highlights

This Election, The Kane County Board & Alexander Hamilton

February 28, 2026
Hamilton’s fiscal principles show how strong credit, disciplined budgets, and local industry can protect Kane County families from rising taxes and economic instability

Expert Predicts AI Will Eliminate 50% of Entry-Level White Collar Jobs in 5 Years

February 17, 2026
AI may wipe out half of entry‑level white‑collar jobs within five years, reshaping the workforce.
Square graphic showing the cost of higher taxes on the average household over the last five years.

Taxes Aren’t Flat — They’re Climbing Fast

By Linda Pretet • February 13, 2026
Higher taxes cost Kane County families nearly $2,000 more over five years. See how property tax and gas tax increases impact the average household.
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