IL Economy Sources

Below are the sources used to create the IL Economy Facts & Data images and presentation.

State of Illinois Economic Forecast Feb 2025​

https://cgfa.ilga.gov/Upload/2025StateofILEconomicForecast.pdf​

FY 2022 Economic Forecast and Revenue Estimate and Updated FY 2021 Revenue Update​

https://cgfa.ilga.gov/Upload/MAY2021UpdatedFY2021-22RevenueEstimate.pdf​

FY 2025 Economic Forecast and Revenue Estimate and Updated FY 2024 Revenue Update​

https://cgfa.ilga.gov/Upload/03122024RevEstEconForecast.pdf​

State of Illinois Budget Summary fiscal year 2020​

https://cgfa.ilga.gov/Upload/FY2020BudgetSummary.pdf​

Fiscal Year 2026 – Illinois State Budget​

https://budget.illinois.gov/content/dam/soi/en/web/budget/documents/budget-book/fy2026-budget/Fiscal-Year-2026-Operating-Budget.pdf​

Illinois Economic and Fiscal Policy Report​

https://budget.illinois.gov/content/dam/soi/en/web/budget/documents/economic-and-fiscal-policy-reports/Economic_and_Fiscal_Policy_Report_FY26_10.9.25.pdf​

History of CPI’s Used for the PTELL​

https://tax.illinois.gov/content/dam/soi/en/web/tax/localgovernments/property/documents/cpihistory.pdf​

Illinois Economic Landscape and Fiscal Structure​

https://civicfed.org/sites/default/files/2025-01/Illinois%20Economic%20Landscape%20and%20Fisal%20Structure%20FINAL.pdf​

Gross Domestic Product by County and Personal Income by County, 2024​

https://www.bea.gov/news/2026/gross-domestic-product-county-and-personal-income-county-2024​

2024 Average Monthly Bill- Residential​

table_5A.pdf; SAS Output​

State Population Totals and Components of Change: 2020-2025​

https://www.census.gov/data/tables/time-series/demo/popest/2020s-state-total.html​

Flash Index​

https://igpa.uillinois.edu/flash-index​

Illinois Workforce Demand 2025-2030​

https://www.ibhe.org/assets/files/Workforce_data/2025-2030_Top_10_Occupations_In_Demand_Narrative_Report.pdf​

       Financial State of the States 2025​

https://www.truthinaccounting.org/library/doclib/Financial-State-of-the-States-2025.pdf​

https://budget.illinois.gov/content/dam/soi/en/web/budget/documents/budget-book/fy2027-budget/Fiscal-Year-2027-Operating-Budget.pdf​

Illinois Economy at a Glance:​

https://www.bls.gov/regions/midwest/illinois.htm#eag​

Table 1. Civilian labor force and unemployment by state, seasonally adjusted​

https://www.bls.gov/news.release/laus.t01.htm#lau_srd_tb1.f.p​

Historical Monthly Annual Data ​

https://ides.illinois.gov/resources/labor-market-information/laus/historical-monthly-annual-data.html​

Illinois Employment snapshot​

https://www.jec.senate.gov/public/index.cfm/republicans/il/​

Illinois loses 1,700 jobs in 2025 while nation adds 584,000​

https://www.illinoispolicy.org/illinois-loses-1700-jobs-in-2025-while-nation-adds-584000/​

Illinois Firm Migration​

https://www.bls.gov/opub/ted/2024/in-2023-more-firms-migrated-to-florida-on-net-than-any-other-state.htm​

State Corporate Income Tax Rates and Brackets, 2026​

https://taxfoundation.org/data/all/state/state-corporate-income-tax-rates-brackets/​

Property Taxes by State and County, 2025​

https://taxfoundation.org/data/all/state/property-taxes-by-state-county/​

Illinois local governments lose out on $10.9B in state taxes​

https://www.illinoispolicy.org/illinois-local-governments-lose-out-on-10-9b-in-state-taxes/​

LGDF Revenue Lost​

https://www.iml.org/file.cfm?key=28000​

9 in 10 Americans say there is a cost of living crisis: survey​https://talkerresearch.com/9-in-10-americans-say-there-is-a-cost-of-living-crisis-survey/?ref=finco-services.ghost.io