Illinois Reports Record Economic Growth And Investment In 2025

CHICAGO – Illinois officials say the state reached major economic development milestones in 2025, highlighted by a record 13 billion dollars in incentivized private investment, strong job growth and gains in tourism, manufacturing and technology. Data released by Gov. JB Pritzker and the Department of Commerce and Economic Opportunity show state incentive programs supported thousands of new and retained jobs while attracting large projects in electric vehicles, manufacturing and advanced technology. Illinois also recorded 10 credit rating upgrades since 2021, continued balanced budgets and grew the rainy day fund to nearly 2.4 billion dollars. Tourism spending reached a record 48.5 billion dollars, film production totaled 653 million dollars and export sales exceeded 81 billion dollars, ranking Illinois among the top exporting states in the nation. State leaders say continued investments in small businesses, workforce training and emerging sectors such as quantum technology helped position Illinois as a national leader in economic growth during the past year.

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