Arkansas Economic Forecast Conference

Thank you to all the attendees of the Arkansas Economic Forecast Conference this morning.  Special thanks to the participants in our panel discussion: Randy Zook, Arkansas State Chamber of Commerce Bert Greenwalt, Arkansas State University Shannon Newton, Arkansas...

Arkansas Employment and Unemployment – April 2022

Although the unemployment rate ticked up a tenth of a point in April, the employment report for Arkansas was generally positive.  Both the household and payroll surveys showed employment growth, and labor force participation rose for the fourth consecutive month. The...

Arkansas Employment and Unemployment – January 2022

The latest data on Arkansas employment and unemployment was released today, including the annual “benchmark revisions” of the payroll employment data. The information from the household survey showed a slight drop in the unemployment rate.  After the...

Arkansas Employment & Unemployment – December 2021

The year 2021 ended with another month of robust employment gains in Arkansas.  The state’s unemployment rate fell to a new record low in December, and payroll employment finished the year more than 2% higher than the end of the previous year. The headline news...

Arkansas’ New 15.5% Top Income Tax Rate

The Arkansas legislature adopted major income tax legislation this week, with the accomplished goal of lowering the marginal tax rate on high incomes from 5.9% in 2021 to 5.5% in 2022, with further reductions scheduled for subsequent years that would reduce the top...
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