SubX.News® Economy Report | Nov 28, 2025
Chicago’s business climate just hit Great Recession territory, falling to 36.3 in the November Chicago Business Barometer — the worst reading since the 2009 crisis — but City Hall is plowing ahead with the highest corporate headcount tax and business property/tech-service taxes in the nation.
While manufacturers are cutting orders, production, and employment at rates not seen in years, Chicago’s political class is insisting on the same tax-and-spend formula that helped drive this collapse.
Stuart Loren … New today: Chicago PMI fell to 36.3 in November (down from 43.8 in Oct). Measures local business activity with tilt toward manufacturing. 50 is contraction. Anyways… Great time to implement the nation’s highest taxes on corporate head count and business property/tech services! Credit graph 9:33 PM · Nov 26, 2025 @StuLoren
The Progressive politicians in Chicago and Illinois are being exposed. Their financial literacy is not only nonexistent but could be argued intentionally destructive … They are cornered and will double down with no intention on correcting course. 9:46 PM · Nov 26, 2025 @jeepgunnar
Johnson’s view is only govt (public sector )jobs matter- his perspective supported by the likes of CTU and SEIU is going to destroy Chicago as a place companies want to operate and grow their businesses- maybe in the next election taxpayers ought to avoid voting for a union hack 1:15 PM · Nov 27, 2025 @Steveloren75890
