by Michael Pakko | Jun 25, 2020
The Arkansas Department of Finance and Administration has published new data on local sales tax collections paid to counties and municipalities in June. There is generally a one month lag between actual sales and the collection of sales tax and an additional month...
by Michael Pakko | Jun 23, 2020
The Bureau of Economic Analysis released the state-level personal income report for the first quarter of 2020 this morning. The BEA noted that this was the first-quarter to be “impacted by the response to the spread of COVID-19, as governments issued...
by Michael Pakko | Jun 19, 2020
Last month, the April employment report for Arkansas was not as bad as expected. The May report is better than expected. The unemployment rate dropped from a revised 10.8% in April to 9.5% in May. The number employed rebounded sharply from its April decline,...
by Michael Pakko | Jun 10, 2020
As the economic impact of the COVID-19 pandemic continues to unfold, one constant is the rapid pace at which the situation is developing. Just one month ago, our May forecast came out in the wake of the April employment report, which showed U.S. payroll employment...
by Michael Pakko | Jun 3, 2020
The latest report on metropolitan area employment and unemployment from the Bureau of Labor Statistics showed increases in unemployment in all 389 metro areas across the U.S. Compared to a year earlier, nonfarm payroll employment declined in 377 metro areas and was...
