by Michael Pakko | Oct 15, 2018
LITTLE ROCK REGIONAL ECONOMIC BRIEFING NOVEMBER 9, 2018 | 7:30 a.m. – 10:30 a.m. CLINTON PRESIDENTIAL CENTER Join us as Chris Varvares of IHS Markit and Dr. Michael Pakko of the Arkansas Economic Development Institute (AEDI) provide updates on economic...
by Michael Pakko | Oct 4, 2018
The Bureau of Economic Analysis reported today that Personal Consumption Expenditures (PCE) rose by 4.3% in 2017, matching the nationwide growth rate. PCE is not adjusted for inflation, so after accounting for a 1.8% increase in prices from 2016 to 2017, real PCE...
by Michael Pakko | Oct 3, 2018
Unemployment rates were unchanged or down slightly in Arkansas’ metro areas in August. It had been previously reported that the statewide unemployment rate ticked down 0.1 percentage points for the month. Today’s data release shows that the change was...
by Michael Pakko | Sep 25, 2018
Total personal income increased at an annualized rate of 5.1% in the second quarter of 2018, recording the 7th highest growth rate among the 50 states. Nationwide, personal income rose at a rate of 4.2% for the quarter. The news release from the Bureau of Economic...
by Michael Pakko | Sep 21, 2018
The employment report for August featured yet another drop in Arkansas’ unemployment rate – down from 3.7% to 3.6%. That matches the historic low for the series last seen in May of 2017. The lower rate was driven by substantial declines in the reported...
