Regional Price Parities and Real Personal Income – 2015

by | Jun 23, 2017

Arkansas is a relatively low income state, but it is also a state with a very low cost of living.  A dollar of income supports more real spending in Arkansas than it would in other, more expensive parts of the country.  New data from the Bureau of Economic Analysis...

Real Personal Income – 2014

by | Jul 8, 2016

The Bureau of Economic Analysis released new figures on real personal income for states and metropolitan areas yesterday.  The data contain a wealth of information on incomes, prices and standards-of-living.  They are based on a relatively new dataset calculating...

Arkansas Taxable Sales – 2014:Q4

by | Mar 30, 2015

With consumer purchasing power boosted by low gasoline prices, Arkansas Taxable Sales (ATS) surged in the fourth quarter of 2014, increasing by 2.7% from the previous quarter and up 4.5% from a year earlier.  With gasoline prices falling by nearly 18% from the third...

Regional Price Parities and Income – New Data for 2012

by | Apr 24, 2014

When the 2013 data on state personal income were recently released, we noted that per capita income in Arkansas was approximately 81% of the national average — essentially unchanged from the previous year.  But when it comes to purchasing power, incomes in...

Arkansas House Prices: 2013:Q3

by | Dec 3, 2013

The latest data from the Federal Housing Finance Agency (FHFA) shows a continuing upward trend in Arkansas house prices, albeit at a slower rate than the U.S. average.  The FHFA’s “Expanded Data Indexes” showed that Arkansas house prices rose 0.5% in...

Real Personal Income and Purchasing Power, 2007-2011

by | Jun 13, 2013

The Bureau of Economic Analysis (BEA) released a brand new set of data yesterday:  Real Personal Income for States and Metropolitan Areas, 2007-2011 (Prototype Estimates).  The data are not as timely as those we usually cover here on the Arkansas Economist, but they...
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