Survey shows small businesses continue to struggle nationwide, but Illinois rebounds – Center Square

Last October, Illinois led the nation in the number of businesses experiencing rent troubles. The survey shows that conditions appear to have improved in January. “Just 29% saying they couldn’t pay the rent in full or on time,” said researcher Chuck Casto. “That is down from 35% in December, and down 18 percentage points from 47% in November.”
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Hello, Indiana!
2 years ago

Just curious as to how many businesses ( restaurants in particular) have gone out of business and are therefore no longer struggling to meet their bills. Are they included in the new assessment?

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Mark Glennon on AM560’s Morning Answer: Chicago pension buyout plan mostly shifts debt rather than eliminating it, property tax surge doubles inflation over three decades

Chicago’s political leadership is floating a pension buyout program as evidence it is seriously addressing the city’s thirty-six-billion-dollar unfunded pension liability, but Mark Glennon, founder of the Illinois policy research organization Wirepoints, said that the proposal moves debt from one column to another rather than reducing it, and that the broader fiscal picture facing the city continues to deteriorate across every measurable dimension. Audio here.

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