by Michael Pakko | Mar 24, 2022
The final data for 2021 are in: Arkansas Retail Sales soared in the spring, remained strong through mid-year, and ended with a fourth quarter surge. On an annual average basis, Arkansas retail sales rose 17.6% from 2020 to 2021, compared to an increase of 19.3% in...
by Michael Pakko | Nov 9, 2021
The most recent information from our Retail Trade and Food Service Sales data show that consumers maintained a summer of soaring spending during July and August. Compared to a year earlier, the July-August average was up 15.6% in Arkansas. In the national Retail...
by Michael Pakko | Aug 31, 2021
Arkansas Retail Sales declined slightly for a second month in May, but remained well above levels of a year ago or before the onset of the COVID-19 pandemic. Total Retail and Food Services Sales were down 3%, following a 3.4% decline in April. The two monthly...
by Michael Pakko | May 24, 2021
When the national retail sales statistics for February were released, a downturn in consumer spending was attributed to a wave of heavy snow and bitterly cold weather across the country. Arkansas being near the heart of that storm, it is not surprising that Arkansas...
by Michael Pakko | Feb 26, 2021
Of all the sectors of the economy that have been disrupted by the COVID-19 pandemic, industries in the Leisure and Hospitality category have been among the hardest-hit. These industries continue to show persistent declines in sales and employment, with many...
by Michael Pakko | Feb 26, 2021
Of all the sectors of the economy that have been disrupted by the COVID-19 pandemic, industries in the Leisure and Hospitality category have been among the hardest-hit. These industries continue to show persistent declines in sales and employment, with many...