CHICAGO-The Chicago area economy is expected to post 1.3% growthin 2013, which would be below the national average and considerablybelow the anticipated growth rate of New York City and LosAngeles.

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IHS Global calculated the city of Chicago's2013 economic growth rate in a report released on Monday for theUS Conference of Mayors. The IHS Global reportstates that one third of all 119 metro areas across the country itstudied will post flat or negative economic growth this year.

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The national economy is expected to grow by a 1.7% clip thisyear, while major cities such as Los Angeles and New York areexpected to register record growth rates in excess of 2%. See storyin the Chicago Tribune.

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John Jordan

John Jordan is a veteran journalist with 36 years of print and digital media experience.