Tyler Pasciak LaRiviere/Sun-Times file BMO Tower, 320 S. Canal St., was completed in 2022. Yankees? Celtics? Jordan-era Bulls? Step aside, all. For the 10th straight year, the Chicago area is No. 1, not in a mere sport, but in the standings of Site Selection magazine. Among large metro areas in the U.S., the Chicago region in 2022 again recorded the most business relocations and expansions, the publication said. The honors from Site Selection have for years given civic boosters a rejoinder against critics who argue that crime and taxes are combining to push companies out of the region and state. Many point to the departures of big employers such as Caterpillar and Citadel as examples. Boeing also is frequently cited, although its headquarters move from Chicago involved few jobs being shifted. “I guess data can belie the perception,” said Adam Bruns, the magazine’s managing editor. “High-profile departures can sometimes overshadow the arrivals.” He said Cook and its nearby counties are reaping the benefits of location in the center of the country and access to a deep labor pool. Bruns also said Chicago has enjoyed “good sustainable momentum in a number of economic sectors,” including technology, life sciences and data […]
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