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Today, Governor JB Pritzker, the Illinois Department of Commerce and Economic Opportunity (DCEO), and Illinois film industry leaders announced that film production expenditures in Illinois reached a record-breaking high of $703 million in 2025, supporting an estimated 18,000 in industry hires. This represents a 25 percent increase in film expenditures since before the pandemic in…

State and local governments in the United States have used economic development incentives for more than 100 years. Incentives typically take the form of special tax favors or subsidies to certain industries or businesses. These policies grew increasingly popular starting in the 1970s, and policymakers now view economic development as an intense competition among governments.…

The European Commission has proposed the Industrial Accelerator Act, a set of new measures to increase demand for low-carbon, European-made technologies and products. These measures will boost manufacturing, support business growth, and create jobs in the EU, while accelerating industry’s shift to cleaner, future-ready technologies.