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:LaHood Opinion: ‘Finally, some positive economic news…’

PRINGFIELD – As children head back to school, the summer fair season is wrapping up, but is always ends with our state’s two largest celebrations of agriculture -- the Illinois State Fair in Springfield and its southern Illinois cousin – the DuQuoin State Fair. Agriculture is the basis of the Illinois economy and it looks like Illinois farmers have the potential to have another good year. Our Illinois agricultural industry is on track for back-to-back quality years after dealing with historic drought in 2012. The easiest way to tell whether or not producers have had a good year, is if tax revenues are up. One-quarter of Illinois’ economy is based in the agriculture sector and it should be a top priority of the legislature to enact policies that allow the sector to grow. Illinois is the third largest producers of commodities in the United States and we continue to expand our agricultural reach throughout the world. - See more at: http://www.senatorlahood.com/Media/News/NewsDetails/TabId/795/p/16719/v/2000/-LaHood-Opinion-New-911-Dialing-Law-Further-Protects-Safety-of-Illinoisans.aspx
SPRINGFIELD – As children head back to school, the summer fair season is wrapping up, but is always ends with our state’s two largest celebrations of agriculture -- the Illinois State Fair in Springfield and its southern Illinois cousin – the DuQuoin State Fair. Agriculture is the basis of the Illinois economy and it looks like Illinois farmers have the potential to have another good year. Our Illinois agricultural industry is on track for back-to-back quality years after dealing with historic drought in 2012. The easiest way to tell whether or not producers have had a good year, is if tax revenues are up. One-quarter of Illinois’ economy is based in the agriculture sector and it should be a top priority of the legislature to enact policies that allow the sector to grow. Illinois is the third largest producers of commodities in the United States and we continue to expand our agricultural reach throughout the world. - See more at: http://www.senatorlahood.com/Media/News/NewsDetails/TabId/795/p/16719/v/2000/-LaHood-Opinion-New-911-Dialing-Law-Further-Protects-Safety-of-Illinoisans.aspxA seemingly insolvable $100 billion pension deficit has thousands of Illinoisans running for the hills and credit rating agencies issuing more negative reports.

SPRINGFIELD – Illinois has a rich manufacturing history and some of the world’s largest corporations call the Land of Lincoln home, which is why our state is beginning to “rev it up” again. 

Earlier this month, Peoria-based Caterpillar announced that they are building a new headquarters in the Land of Lincoln. The new three-tower complex on the riverside, downtown location will serve as permanent reminder of Caterpillar’s presence in west central Illinois. 

Caterpillar has annual sales in excess of $50 billion and they employ more than 22,000 Illinoisans. With a global reach that is the largest in the heavy machine manufacturing industry, it is a welcome relief to know that they are staying right here.

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