Comparative Study of Illinois Economy
This report presents a comparative study of Illinois economy. Illinois was compared to other states based on five criteria that are indicators of economic conditions. The first aspect of the economy analyzed was Gross Domestic Product (GDP). The next variables studied were employment and wages. The last factors looked at were personal income and standard of living. The states were ranked based on these variables and the growth of these variables over various time periods. Illinois performance also was compared to states in the surrounding region.