Arkansas GDP – 2019:Q2

The latest report on state-level GDP showed that Arkansas GDP increased at a 1.8% annualized rate in the second quarter of 2019, slightly below the national average rate of 2.0%.  Growth rates ranged from 0.5% in Hawaii to 4.7% in Texas.  Arkansas’ 1.8% was the...

Metro Area Employment and Unemployment – September 2019

The latest report on metro area employment and unemployment shows negligible changes in the unemployment rates of Arkansas metro areas.  Rates were unchanged from August to September in five of Arkansas’ eight metros, and showed nominal upticks of 0.1% in Hot...

Arkansas Employment and Unemployment – September 2019

News headlines regarding today’s employment report for Arkansas will probably report that the unemployment rate increased from 3.4% to 3.5%.  In reality, the numbers of employed and unemployed Arkansans were essentially unchanged in September, and the uptick in...

Personal Consumption Expenditures – 2018

Yesterday the BEA released state-level data on Personal Consumption Expenditures (PCE) for 2018.  PCE increased by 4.0% in Arkansas, well below the national average of 5.1%.*  Growth rates ranged from a high of 7.3% in Washington to a low of 3.6% in West Virginia. ...
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