Hello shikibobo-ga,
For many years, Chicago's economy was based on primarily on
manufacturing. However, Chicago's economy was recently ranked by
Moody's as the most diverse in the US.
Chicago, the most diverse economy in U.S.
Chicago economy made of a lot more than manufacturing
November 30, 2003
BY DAVE CARPENTER
http://www.skyscrapercity.com/showthread.php?t=74680
"If the ''shoulders'' nickname bestowed on a bluer-collar Chicago by
poet Carl Sandburg in 1916 no longer fully applies, here's an
alternative: Most economically diverse U.S. city.
None too catchy, perhaps, but that's how Moody's Investors Service
ranked it this year in a study of 100 U.S. cities by employment
distribution, reflecting an economy with a healthy mix of jobs and
much less reliance on heavy industry than in years past."
---
"As recently as 1990, manufacturing accounted for 622,300 jobs in the
Chicago area and outstripped all other categories except trade,
transportation and utilities.
But professional and business services surpassed the shrinking factory
sector in 1997, and today there also are more jobs in education and
health services and in government than the roughly 475,000 in
manufacturing, with leisure and hospitality moving up fast after
already overtaking the financial sector."
World Business Chicago
Moody's: Chicago economy most balanced in U.S.
June 23, 2003
BY DAVID ROEDER Business Reporter
http://www.worldbusinesschicago.com/about/upload/20ChicagoSunTimes6-23-03.pdf
"Using a statistical analysis of major job categories, Moody's
concluded that the Chicago area's economy is most like the nation's,
with no undue reliance on any single sector. The agency calculated a
diversity scale, with 100 being the perfect score, and Chicago earned
a 95.1.
Sally Gordon, a vice president at Moody's and the report's principal
author, said the Chicago market is well-equipped to handle a slowdown
in a particular industry. Other industries can pick up the slack,
something that's not likely to happen where the employment base is
restricted and a major shutdown has a ripple effect, she said."
World Business Chicago
One of the World's Largest and Most Diversified Economies
http://www.worldbusinesschicago.com/index.asp?A=2&LK=20&DIV=overviewDiv02
"U.S. Leadership By Sector
#1 in high--technology employment (347,100 workers) -- $35 billion
regional high-tech output and over 7,100 companies
#1 city for air travel -- 42 international non-stop destinations (19
additional direct) and 133 domestic destinations
#1 distribution center -- #1 truck, #1 intermodal, #1 rail, #1 air
#1 in business services professionals -- 82% growth in employment from
1990 to 2000
#1 in manufacturing - $72.4 billion regional manufacturing output
#1 data transmission by volume -- 10 terabytes/day
#1 urban medical district"
==============================================================
Chicago's top employer is the US Government. Its top private employer
is Jewel-Osco Grocery Stores.
1. U.S. Government, 75,000
2. Chicago Public Schools, 46,179
3. City of Chicago, 40,324
4. Jewel-Osco, 39,201
5. Cook County, 27,042
6. Advocate Health Care, 24,974
7. SBC Ameritech, 22,400
8. United Parcel Service, 19,373
9. State of Illinois,18,915
10. United Airlines, 18,276
Source:
ChicagoBusiness.com Fact Book
http://chicagobusiness.com/cgi-bin/redirect.pl?mpid=45&portal_id=108&id='http://www.ci.chi.il.us/PlanAndDevelop/ChgoFacts/'
(Click on "Business" then click on "Top Employers")
World Business Chicago
Leading Businesses - All Sectors
http://www.worldbusinesschicago.com/deeperlook/excel_data/LeadingBusinesses.xls
(Microsoft Excel format)
==============================================================
City of Chicago's 10 largest industries by employment
http://chicagobusiness.com/cgi-bin/redirect.pl?mpid=45&portal_id=108&id='http://www.ci.chi.il.us/PlanAndDevelop/ChgoFacts/'
(Click on "Labor Force" then click on "Employment by Industry")
Industry Men Women
Construction 48,276 5,184
Manufacturing 103,483 56,071
Wholesale trade 25,199 13,016
Retail Trade 53,588 54,657
Trans., warehousing, utils. 57,426 25,224
Information 20,991 20,371
Finance, Insurance, R.E. 51,629 59,501
Services 85,604 80,490
Education, Health, Social 64,789 167,535
Public administration 32,865 26,242
Other services 31,079 32,478
Arts, recreation, food service, 58,182 45,081
accommodations
Total 633,993 586,047
World Business Chicago
Labor Force Characteristics
http://www.worldbusinesschicago.com/deeperlook/excel_data/LaborForceCharacteristics.xls
(Microsoft Excel format)
U.S. Department of Labor
Bureau of Labor Statistics
Chicago at a Glance
http://www.bls.gov/eag/eag.il_chicago.htm
==============================================================
I hope you have found this information helpful. If you have any
questions, please request clarification prior to rating the answer.
Googlenut
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