Chicago Relocation
 

Real Estate Economic Data at your fingertips

June 16, 2009

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One of the best sources of hard data on the overall economy for Chicago and Chicago Real Estate in the government site   http://www.bls.gov/eag/ and the specific Illinois information found at    http://www.bls.gov/eag/eag.il.htm .


A quick perusal will give a snapshot of the last 5 months (with archived data available) of economic data, including Labor Force Data (including the key unemployment rate, which should be of great concern if you’re buying real estate in Chicago or selling real estate in Chicago .  The January statewide unemployment rate, by the way, was 7.9%, up from 6.7% in September. Layoff rates are noted as well.


Construction starts, manufacturing info, trade and transportation information, plus statistics on finance and professional and business services are also available.  Just think, it could be worse, you could own luxury real estate in Scotland (see www.guidemehome2chicagoluxury for more info)!


Whenever you consider relocation or selling in Chicago, take all the facts into account so you can make an informed decision!

 

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