- Published: Wednesday, October 28, 2020 10:44 AM
Illinois ranks No. 13 on the Information Technology & Innovation Foundation’s 2020 State New Economy Index, jumping three spots from the last Index in 2017 and achieving its highest ranking yet.
ITIF has released state rankings about every three years since 1999. The rankings are based on 25 indicators that are divided into five categories: knowledge jobs, globalization, economic dynamism, the digital economy and innovation capacity. The survey ranks states on multiple factors—from “knowledge” jobs and exports to venture capital and broadband access—with an eye toward the structure of the economy related to innovation and technology.