by Michael Pakko | Aug 6, 2020
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...
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 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 | Aug 16, 2017
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...
by Michael Pakko | May 10, 2017
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...
by Michael Pakko | Nov 22, 2016
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%),...