by Michael Pakko | Dec 20, 2019
The latest state-level employment report shows the Arkansas unemployment rate ticking up 0.1 percentage point to 3.6% in November. As is often the case, the reported change was as much rounding error as an actual change (calculated with more accuracy, the unemployment...
by Michael Pakko | Dec 18, 2019
Arkansas personal income increased at an annual rate of 6.5% in the third quarter of 2019, outpacing the national growth rate of 3.8%. Arkansas’ growth rate was the 5th-highest in the nation. Arkansas rapid growth rate was primarily attributable to a surge in...
by Michael Pakko | Nov 27, 2019
Unemployment rates in Arkansas metro areas were mostly unchanged in October, ticking up 0.1% in Fort Smith and Pine Bluff and down 0.1% in Texarkana. Fayetteville, Jonesboro and Little Rock remain below the statewide average of 3.5%, while Memphis, Pine Bluff and...
by Michael Pakko | Nov 26, 2019
The Bureau of Economic Analysis recently released a new set of estimates for Local Area Personal Income for 2018, covering metropolitan areas and counties. For Arkansas’ metro areas, the data for 2018 largely reflect a continuation of trend rates of growth. At...
by Michael Pakko | Nov 19, 2019
Arkansas’ unemployment rate was steady at 3.5% in October. As previously reported, the national unemployment rate ticked up one-tenth of a percent to 3.6% for the month. Underlying statistics from the household survey showed that the number of employed...
