Leisure and Hospitality Industries in Arkansas – 2020

Of all the sectors of the economy that have been disrupted by the COVID-19 pandemic, industries in the Leisure and Hospitality category have been among the hardest-hit.  These industries continue to show persistent declines in sales and employment, with many...

Metro and County Employment & Unemployment – December 2020

The BLS report on employment and unemployment in counties and metropolitan areas for December was released this morning.  For Arkansas, the data showed that the changes reported in the remarkable state-wide report for December were widely reflected in local statistics...

Arkansas Employment and Unemployment – December 2020

The state employment report for December, released this morning, suggest a very robust labor market improvement in Arkansas (to say the least!).  The headline, a 2.1% decline in the unemployment rate to 4.2%, is an unprecedented change.  While that particular...

Metro Area Employment and Unemployment – November 2020

The latest employment report for metropolitan areas showed that nonfarm payroll employment expanded in most of Arkansas’ metropolitan area.  The exceptions were Memphis and Little Rock, which were both essentially unchanged.  Employment in Hot Springs, Jonesboro...

Arkansas GDP During the Pandemic

State-level GDP data for the third quarter were released over the holidays (December 23).  The latest data showed that Arkansas Real GDP increased 7.1% in Q3 (an annual rate of 31.8%).  The nationwide growth rate was 7.5% (annual rate 33.4%).  The change in real GDP...
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