User:Mcnabber091/sandbox/Economic summary of Illinois
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Economic Summary of Illinois
[edit]The GDP for Illinois was $695 billion in 2012[1]. Illinois had an estimated population of as in 2012[2]. The GDP per capita of Illinois was $46,151 in 2012[3].
Counties
[edit]There are 102 counties in Illinois[4]. Below are the top ten counties ranked by population 2010
| Rank | Locality | Population 2010 |
|---|---|---|
| 1 | Cook | 5,194,675 |
| 2 | DuPage | 916,924 |
| 3 | Lake | 703,462 |
| 4 | Will | 677,560 |
| 5 | Kane | 515,269 |
| 6 | McHenry | 308,760 |
| 7 | Winnebago | 295,266 |
| 8 | St. Clair | 270,056 |
| 9 | Madison | 269,282 |
| 10 | Champaign | 201,081 |
Cities
[edit]Top 10 cities in Illinois by estimated city proper population in 2010.[5]
| Rank | City | Locality | Population 2010 |
|---|---|---|---|
| 1 | Chicago | 2,695,598 | |
| 2 | Aurora | 197,899 | |
| 3 | Rockford | 152,871 | |
| 4 | Joliet | 147,433 | |
| 5 | Naperville | 141,853 | |
| 6 | Springfield | 116,250 | |
| 7 | Peoria | 115,007 | |
| 8 | Elgin | 108,188 | |
| 9 | Waukegan | 89,078 | |
| 10 | Cicero | 83,891 |
Industries
[edit]Illinois industries by GDP 2012.[6]
| Industry | GDP value added $ billions 2012 | % of total GDP |
|---|---|---|
| Real estate and rental leasing | 85.61 | 12.31% |
| Government | 69.80 | 10.04% |
| Finance and insurance | 67.20 | 9.67% |
| Professional, scientific, and technical services | 59.85 | 8.61% |
| Durable manufacturing | 49.26 | 7.09% |
| Health care and social assistance | 48.80 | 7.02% |
| Wholesale trade | 48.53 | 6.98% |
| Non-durable manufacturing | 43.12 | 6.20% |
| Retail trade | 40.37 | 5.80% |
| Transportation and warehousing | 25.45 | 3.66% |
| Information | 23.22 | 3.33% |
| Administrative and waste support services | 22.35 | 3.21% |
| Construction | 21.33 | 3.07% |
| Accommodation and food services | 19.54 | 2.81% |
| Other private services | 17.62 | 2.53% |
| Management of companies and enterprises | 16.63 | 2.39% |
| Utilities | 13.17 | 1.89% |
| Educational services | 9.74 | 1.40% |
| Arts, entertainment, and recreation | 5.97 | 0.86% |
| Agriculture, forestry, fishing and hunting | 5.78 | 0.83% |
| Mining | 1.95 | 0.28% |
Employment
[edit]Illinois employment by industry in June 2013[7]
| Industry | Employment thousands June 2013 | Percent of total employment |
|---|---|---|
| Trade, transportation and utilities | 1,160.2 | 20.05% |
| Professional & business services | 882.5 | 15.25% |
| Education & health services | 881.9 | 15.24% |
| Government | 820.0 | 14.17% |
| Manufacturing | 578.2 | 10.00% |
| Leisure & hospitality | 540.0 | 9.33% |
| Financial activities | 373.6 | 6.46% |
| Other services | 252.5 | 4.36% |
| Construction | 186.6 | 3.22% |
| Information | 99.9 | 1.73% |
| Mining and logging | 10.4 | 0.18% |
| Total non-farm | 5,785.8 | 100% |
Corporations
[edit]Top 10 Illinois based corporations by revenue in 2012[8]
| Rank | Corporation | Revenue $ millions 2012 | Profit $ millions 2012 | Assets 2012 | Debt Ratio 2012 | Headquarters | Employees 2012 | Market cap 3/29/12 $ billions | Industry |
|---|---|---|---|---|---|---|---|---|---|
| 1 | Archer Daniels Midland | 80,676 | Decatur | ||||||
| 2 | Walgreen | 72,184 | Deerfield | ||||||
| 3 | Boeing | 68,735 | Chicago | ||||||
| 4 | State Farm Insurance | 64,305 | Bloomington | ||||||
| 5 | Caterpillar | 60,138 | Peoria | ||||||
| 6 | Kraft Foods | 54,365 | Northfield | ||||||
| 7 | Sears Holdings | 41,567 | Hoffman Estates | ||||||
| 8 | Abbott Laboratories | 38,851 | Abbott Park | ||||||
| 9 | United Continental Holdings | 37,110 | Chicago | ||||||
| 10 | Allstate | 32,654 | Northbrook |
Government Finances
[edit]In 2011, the state government of Illinois had total revenue of 80.69 billion. Total expenditures were billion.[9]
The total debt outstanding in 2011 was 64,801 billion[10] (9.32% of GDP[11]).
The total cash and security holdings in 2011 was 123,283 billion[12].
| Revenue by Source | $ millions | Percent of revenue |
|---|---|---|
| Insurance trust revenue | 21,310 | 26.42% |
| Intergovernmental revenue from Federal Government | 19,218 | 23.83% |
| Insurance trust expenditure | 15,151 | 20.29% |
| Sales and gross receipts | 13,613 | 16.88% |
| Individual income tax | 11,225 | 13.92% |
| Charges and miscellaneous general revenue | 9,182 | 11.38% |
| Corporate income tax | 3,024 | 3.75% |
| Motor vehicle license | 1,608 | 1.99% |
| Other taxes | 1,077 | 1.34% |
| Intergovernmental revenue from local governments | 368 | 0.46% |
| Property taxes | 58 | 0.07% |
| Utility revenue | 0 | 0% |
| Liquor store revenue | 0 | 0% |
| Total | 80,658 | 100% |
| Expenditure | $ millions | Percent of expenditure |
|---|---|---|
| Public welfare | 17,808 | 23.85% |
| Intergovernmental expenditure | 15,711 | 21.04% |
| Education | 7,389 | 9.90% |
| Libraries | 4,662 | 6.24% |
| Highways | 4,318 | 5.78% |
| Police protection | 401 | 5.37% |
| Judicial and legal | 360 | 4.82% |
| Interest on general debt | 3,257 | 4.36% |
| Other and unallocable | 3,456 | 4.53% |
| Health | 2,089 | 2.80% |
| Correction | 1,513 | 2.03% |
| Hospitals | 1,183 | 1.58% |
| Financial administration | 663 | 0.89% |
| Housing and community development | 397 | 0.53% |
| Natural resources | 209 | 0.27% |
| Employment security administration | 150 | 0.20% |
| Protective inspection and regulation | 150 | 0.20% |
| General public buildings | 128 | 0.17% |
| Other governmental administration | 101 | 0.14% |
| Parks and recreation | 78 | 0.10% |
| Veterans' services | 66 | 0.09% |
| Sewerage | 23 | 0.03% |
| Solid waste management | 25 | 0.03% |
| Air transport | 23 | 0.03% |
| Parking facilities | 0 | 0% |
| Miscellaneous commercial activities | 0 | 0% |
| Fire protection | 0 | 0% |
| Sea and inland port facilities | 0 | 0% |
| Utility expenditure | 0 | 0% |
| Liquor store expenditure | 0 | 0% |
| Total | 74,655 | 100% |
Financial Institutions
[edit]Top ten banks by assets in Illinois[13]
| Rank | Bank | Assets $ millions 3/31/13 | Profit $ millions _____ | Headquarters | Employees |
|---|---|---|---|---|---|
| 1 | Northern Trust Corporation | 93,157 | Chicago | ||
| 2 | Discover Financial Services | 76,139 | Riverwoods | ||
| 3 | |||||
| 4 | |||||
| 5 | |||||
| 6 | |||||
| 7 | |||||
| 8 | |||||
| 9 | |||||
| 10 |
References
[edit]- ^ http://www.bea.gov/newsreleases/regional/gdp_state/gsp_newsrelease.htm
- ^ http://www.census.gov/popest/data/state/totals/2012/index.html
- ^ http://bber.unm.edu/econ/st-gdp5.htm
- ^ http://www.illinois-demographics.com/counties_by_population
- ^ http://www.illinois-demographics.com/cities_by_population
- ^ http://www.bea.gov/iTable/iTable.cfm?reqid=70&step=1&isuri=1&acrdn=1#reqid=70&step=10&isuri=1&7007=2012&7036=-1&7090=70&7035=-1&7006=17000&7001=1200&7002=1&7003=200&7004=NAI
- ^ http://www.bls.gov/eag/home.htm
- ^ http://money.cnn.com/magazines/fortune/fortune500/2012/states/CA.html
- ^ http://www.census.gov/govs/local/
- ^ http://www.census.gov/govs/local/
- ^ http://www.bea.gov/newsreleases/regional/gdp_state/gsp_newsrelease.htm
- ^ http://www.census.gov/govs/local/
- ^ http://www.ffiec.gov/nicpubweb/nicweb/Top50Form.aspx