A forum for information and analysis on the Arkansas economy

About

Welcome to the Arkansas Economist, a forum for information and analysis about the Arkansas economy, sponsored by the Institute for Economic Advancement at the University of Arkansas at Little Rock.  The Arkansas Economist features commentary and observations about the Arkansas economy by our State Economic Forecaster, Dr. Michael Pakko.

Dr. Michael Pakko

Dr. Michael Pakko

The host and moderator for the Arkansas Economist is Dr. Michael R. Pakko, Chief Economist and State Economic Forecaster at the Institute for Economic Advancement at the University of Arkansas at Little Rock.  Pakko received his B.A. from Michigan State University in 1984 and a PhD from the University of Rochester in 1994.

From 1993 until 2009, Dr. Pakko was a research economist at the Federal Reserve Bank of St. Louis, where he published research on a variety of topics, including international trade, economic growth, macroeconomics, and public policy.   From 2006 until 2009 Pakko served as the “Little Rock Zone Expert” at the St. Louis Fed–monitoring and reporting on economic conditions in the state of Arkansas.

When taking a break from writing for the Arkansas Economist and organizing the Arkansas Economic Forecast Conference, Pakko delves into home-improvement projects and enjoys camping, fishing and tending to his overgrown yard.

Dr. Carlos G. Silva

Dr. Carlos G. Silva

Dr. Carlos G. Silva is a Regional Economist at Arkansas Economic Development Institute (AEDI). Skilled in applied economic research, he is a research professional with a Master of Science in Applied Economics from Utah State University with a specialization in Natural Resource Economics, and a Doctoral degree in Economic Development from New Mexico State University. His research interests are economic development, natural resources, and their interaction.

Special Reports: Impact of Covid-19 on the Arkansas Economy

Forecast Update (May)
“The economic impact of the COVID-19 pandemic continues to be more rapid and more severe than initially expected… In this updated report we present new projections for the Arkansas economy.”
Read more…

Forecast Update (April)
“In this note we update that forecast with new estimates of the magnitude of the downturn. We also update and extend our previous guidance on how the forecast is likely to impact sales tax receipts of local governments.”
Read more …

Implications for Local Government Sales Tax Collections
“In this note, we focus on consumer spending and the outlook for sales tax collections by county and municipal governments.” Read more…

Arkansas Economic Outlook (March)
“It appears that a dramatic downturn in economic activity over the remainder of 2020 is unavoidable for the nation and for Arkansas.”  Read more…

 

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