Arkansas Consumer Spending During the Pandemic

Evidence continues to accumulate showing that Arkansas’ economy has not been as hard-hit by the COVID-19 pandemic as other parts of the nation.  Most of the information to-date has been related to employment.  It is clear that declines in payroll employment and...

County Taxable Sales – April 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...

Arkansas Taxable Sales – 2017:Q2

The growth rate of Arkansas Taxable Sales (ATS) surged in the second quarter of 2017, increasing by 2.2% (an 8.9% annual rate).  From the second quarter of 2006, ATS has increased by 4.8%.  Although gasoline prices were unchanged from the first quarter to the second...

Arkansas Taxable Sales – 2017:Q1

Arkansas Taxable Sales (ATS) rose 0.1% in the first quarter of 2017 — up 2.1% from a year earlier.  From the end of the recession in 2009:Q2 through the first quarter of 2017, ATS has expanded at an annual rate of 2.9%. Gasoline prices averaged $2.11 during the...

Arkansas Taxable Sales – 2016:Q3

After declining during the first half of the year, Arkansas Taxable Sales (ATS) rose 2.2% in the third quarter of 2016.  On a year-over-year basis, taxable sales were up 1.3% from the third quarter of 2015.  Gasoline sales also rose in the third quarter (+1.6%),...

Arkansas Taxable Sales – 2016:Q1

Arkansas Taxable Sales Including Gasoline (ATSIG) declined by 1.0% from 2015:Q4 to 2016:Q1, following a decline of 0.5% in the previous quarter.  Compared to a year earlier, ATSIG increased by only 1.0%.  Much of the weakness in the growth rate of ATSIG is...
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