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U.S. Bureau of Economic Analysis

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Illinois economy

Capitol News Illinois

Illinois economy surges in first quarter

SPRINGFIELD (Capitol News Illinois) – The Illinois economy showed strong signs of recovery during the first quarter of 2021 as businesses continued to reopen from the pandemic and direct government payments flowed to businesses and individual consumers. Data released last week from the U.S. Bureau of Economic Analysis showed the state’s economy grew at an annual rate of 6.4 percent during the quarter as its gross domestic product – the market value of all goods and services produced by labor […]

todayJune 29, 2021 15

Business News

Pennsylvania jobless claims drop 32 percent, still far above numbers before outbreak

HARRISBURG, Pa. (The Center Square) – For the sixth consecutive week, Pennsylvania has seen massively inflated numbers for new unemployment claims compared to the data from before the onset of the coronavirus crisis. Another 131,282 Pennsylvania residents filed for jobless benefits during the week ending April 25, according to the latest numbers released Thursday by the U.S. Department of Labor. That brings the total for the past six weeks up to about 1.6 million. In comparison, for the week ending March […]

todayApril 30, 2020 45

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