by Michael Pakko | Oct 7, 2022
State-level data for Personal Consumption Expenditures (PCE), the most comprehensive measure of consumer spending, came out this week. The data are only available at an annual frequency, with the new data covering the year 2021. Arkansas growth was 12.8%, slightly...
by Michael Pakko | Oct 6, 2022
Last week’s release of new GDP data coincided with a new report on state-level personal income. The Bureau of Economic Analysis indicated that the two reports would be released simultaneously from now on. There is some logic in that plan: GDP and personal...
by Michael Pakko | Sep 30, 2022
New data for state GDP was released today by the Bureau of Economic Analysis. Arkansas GDP was reported to have declined at an annual rate of 3.0% in the second quarter compared to a more modest rate of decline of 0.6% for the United States. Arkansas GDP was...
by Michael Pakko | Sep 28, 2022
At a press conference today, the results of a study by AEDI on the economic impact of the proposed Arkansas Adult Use Cannabis Amendment were presented. Here is a link to that article: https://arkansaseconomist.com/wp-content/uploads/2022/09/Adult-Use-FINAL.pdf...
by Michael Pakko | Sep 16, 2022
The newest reports on employment and unemployment in Arkansas indicate some signs of weakening conditions in the state’s labor markets, but payroll employment continues to expand at a healthy pace. The headline news was an increase in the unemployment rate from...
