by Michael Pakko | Nov 7, 2019
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...
by Michael Pakko | Oct 30, 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...
by Michael Pakko | Oct 18, 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...
by Michael Pakko | Oct 18, 2019
Little Rock Regional Economic Briefing Join us at a breakfast event on November 14th to hear from experts who will give updates on economic conditions and the outlook for the region and nation. The Little Rock Branch of the Federal Reserve Bank of St. Louis and...
by Michael Pakko | Oct 4, 2019
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. ...