Arkansas Employment and Unemployment – November 2017

The latest information on Arkansas employment and unemployment was disappointing, with both the household and payroll reports showing weakness in November. The unemployment rate edged up by 0.1% to 3.7%, with a sharp decline in the number of employed (-6,784) and a...

Arkansas Personal Income – 2017:Q3

The Bureau of Economic Analysis reported this morning that personal income in Arkansas increased 0.5% in the third quarter of 2017, a bit below the national average of 0.7%.  A drop in the volatile Farm Income component slowed growth both nationally and here in...

Arkansas Taxable Sales – 2017:Q3

Arkansas Taxable Sales (ATS) declined 2.1% in the third quarter following increases of 0.4% and 1.8% in the first two quarters of the year.  Gasoline prices were up slightly in the third quarter, averaging $2.166 compared to $2.110 in the second quarter.  As a result,...

Arkansas Economic Outlook Presentation

Thanks to all who attended this morning’s Little Rock Regional Economic Briefing, where I presented my forecast for the Arkansas economy. Special thanks to the Little Rock Branch of the Federal Reserve Bank of St. Louis for co-sponsoring and hosting the event,...

Arkansas GDP – 2017:Q2

Arkansas’ contribution to the nation’s gross domestic product expanded at an annual rate of 3.5% in the second quarter of 2017, outpacing the U.S. average of 2.8% and ranking as the 15th highest growth rate among the 50 states.*  This morning’s...
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