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Hiring and leasing have inched up in Chicago's manufacturing industry through 2024

City of Big Shoulders freights producers’ goods during time of distribution uncertainties
Kraft-Heinz’s 775,000-square-foot, owner-occupied distribution center — set for completion in the first half of 2025 — increases the condiment manufacturer’s Chicago-area footprint by almost 40%. (Joe Brooks/CoStar)
Kraft-Heinz’s 775,000-square-foot, owner-occupied distribution center — set for completion in the first half of 2025 — increases the condiment manufacturer’s Chicago-area footprint by almost 40%. (Joe Brooks/CoStar)
CoStar Analytics
December 16, 2024 | 9:14 P.M.

As Chicago’s industrial space market-watchers chronicle how tenants occupy — and vacate — their leased or owned spaces, they also have a front-row seat to witness how employment growth and losses drive a metropolitan area’s economic engine. Since the start of 2024, Chicago’s manufacturing jobs increased by roughly 2%, or 6,000 jobs, while transportation and warehousing jobs fell by just over 1%, or approximately 3,000 jobs, year over year, according to the U.S. Bureau of Labor Statistics.

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