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Chicago Rents Continue to Decline 08/18/2010
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On July 7th, 2010 the Institute for Housing Studies (IHS) at DePaul University in Chicago released the "Cook County Rent and Vacancy 2010 Q1 Report". The report noted most submarkets of Chicago and suburban Cook County continue to see high vacancy rates and decreasing rents.

In the first quarter of 2006 Chicago and Cook County vacancy rates were 3.1% and 3.6% respectively. The rates bottomed in Q4 2006 at 2.3% and 2.5% respectively.

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Aug 29th Benefit Concert in Chicago 08/15/2010
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I'm co-producing the Tutor / Mentor Jam on Sunday Aug 29th. We have 5 bands, 1 comic and food is included in the price of the ticket.

For more information and tickets go to http://www.tutormentorjam.org/jam.htm
If you are interested in sponsoring the event, information can be found at:
http://www.tutormentorjam.org/sponsors.htm

This coming-together of bands, entertainers, and the local business community represents a village, coming together to draw public attention and support toward volunteer-based, non-school tutor/mentor programs in high-poverty/high-crime neighborhoods throughout the Chicago region.

Such programs provide safe places where youth can connect with caring adult tutors, mentors, and career coaches who volunteer to help at-risk youth gain the academic and decision making edge that just might be the difference in a few years, when that child is deciding between a book and a gun.

Date: Sunday Aug 29th
Time: doors open at 5pm, show starts at 6pm
Location: The Darkroom, 2210 W Chicago Ave.
Price: $15 online, $20 @ door

Please feel free to spread the word about the event and let journalists and bloggers know.

If you have any questions about the event email mshore@shorecapmgmt.com



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Midwest CPI Trends Lower 08/15/2010
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On Friday, August 13th, the Bureau of Labor Statistics (BLS) released the July 2010 Midwest Consumer Price Index.

The national CPI reported the All Items index (not seasonally adjusted) increased by 1.2% from July 2009 and was flat from June 2010. The Midwest CPI (not seasonally adjusted) increased by 1.7% from July 2009 and increased by 0.2% from June 2010.

All Items less food and energy index (Core, a less volatile index) increased by 0.9% from July 2009 and was flat from June 2010. The Midwest Core index Core index increased by 1.0% since July 2009 and was flat from June 2009.

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    Mark Shore's economics columns are found at:
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