Chicago Fact Sheet

• Chicago is truly a global marketplace

• If Chicago Region were a country it would be the 20th largest economy in the world

• Gross Regional Product of $500 billion

• Ranks 3rd of all US Metro Areas

• Chicago is really the only inland American city with a global footprint.

• O’Hare International Airport is a major transportation hub

• 25% of all domestic rail freight originates, terminates or passes through Chicago

• Chicago Metro Area offers 28 regional malls and 47 sub-regional retail markets

• Tourism represented nearly 50 million visitors and over $11 billion in sales

• Retails sales are improving. Melaniphy & Associates has been tracking retail sales since 1985

• Chicago Metro Area Retail Sales reached over $120 billion in 2015 up from $116.2 billion in 2014 surpassing pre-recession levels of $106.8 billion

• Retail sales were up 4.8 percent or over $5.3 billion between 2013 and 2014

* Retail Sales increased to over $28 billion in the City of Chicago alone in 2015.

• Retail sales growth in the metro area since 1986 has typically ranged from about 2.0 to 7.0 percent

• In 1987 retail sales increased by over 23 percent and in 1990 by over 9.8 percent

• In 1994 retail sales increased by over 8.4 percent

• In contrast in 2011, 2012, 2013 and 2014 we have seen sales growth of 4 to 5 percent

• Chicago is a dynamic retail market