The Geography of Advantage
Corporate relocations and business expansion in Illinois reveal an old economic logic at work. For years Illinois has occupied an uneasy place in America’s business conversation. Political debates over taxes, pension obligations and fiscal policy often dominate headlines. Critics warn that companies will flee. Advocates argue the state’s economic fundamentals remain formidable. Yet the data tell a more nuanced story. Illinois continues to rank near the top nationally for new corporate facilities and expansion projects. Manufacturers, logistics companies, technology firms and corporate headquarters continue to invest in the state. In an era when businesses can, at least in theory, locate almost anywhere, Illinois still commands attention. The reasons are not mysterious. Geography, infrastructure and talent — three forces that shaped the state’s economic rise in the nineteenth century — continue to exert their influence in the twenty-first. “Illinois remains one of the most strateg...