Arkansas Employment and Unemployment – October 2022

The Arkansas unemployment rate increased another 0.1 percentage points in October rising from 3.5% to 3.6%.  It had been previously reported that the U.S. unemployment rate rose by 0.2 to 3.7% in October. The increase in Arkansas’ unemployment rate resulted from...

Arkansas Economic Forecast Conference

Thank you to all the attendees of the Arkansas Economic Forecast Conference this morning.  Special thanks to the participants in our panel discussion: Randy Zook, Arkansas State Chamber of Commerce Bert Greenwalt, Arkansas State University Shannon Newton, Arkansas...

Arkansas Employment and Unemployment – September 2022

Arkansas’ unemployment rate rose by 0.1 percentage points to 3.5% in September.  The Bureau of Labor Statistics had previously reported that the U.S. unemployment rate declined .2 percentage points to 3.5% for the month.  Since the onset of the pandemic in early...

Personal Consumption Expenditures – 2021

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...

Arkansas Personal Income – 2022:Q2

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...
AWSOM Powered