Illinois' economic development milestones for the year of 2023


January 3, 2024

Governor JB Pritzker and the Illinois Department of Commerce and Economic Opportunity (DCEO) released the 2023 Illinois Economic Development Highlights report. This summary reveals a record year for economic development in key sectors, including a tripling of REV and EDGE incentivized private investments to nearly $3 billion since 2022, record tourism achievements, and assistance for Illinois small businesses.

Over the course of a year, the number of new jobs created by Economic Development for a Growing Economy (EDGE) and Reimagining Energy and Vehicles (REV) jumped nearly 60 percent, from...

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