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...

Arkansas GDP – 2022:Q2

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...
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