Arkansas GDP – Revisions and 2023:Q2

After a delay of more than two months, the comprehensive revisions to state-level GDP were released this week by the Bureau of Economic Analysis. The new data showed a small decline in Arkansas GDP for the second quarter of 2023 (-0.4% seasonally adjusted annual...

Arkansas Personal Income and GDP

New reports on personal income and GDP for the first quarter show signs of relative weakening of the Arkansas economy. Personal income increased at a 3.2% annual rate in the first quarter, well below the national growth rate of 5.1%. (Personal income figures are not...

Arkansas GDP – 2022:Q4

The latest data from the Bureau of Economic Analysis reports that real GDP growth in Arkansas proceeded at a 3.2% annual rate in the fourth quarter. U.S. GDP growth rate for the quarter was 2.6% for the quarter.  Growth over the four quarters of 2022 totaled 1.9% in...

Arkansas GDP – 2022:Q3

The Bureau of Economic Analysis reported today that Arkansas GDP expanded at an annual growth rate of 1.3% in the third quarter.  The BEA report noted that 47 states plus the District of Columbia showed positive growth.  Arkansas’ growth rate ranked 41st among...

Arkansas GDP – 2022:Q2

New data for state GDP was released today by the Bureau of Economic Analysis.  Arkansas GDP was reported to have declined at an annual rate of 3.0% in the second quarter compared to a more modest rate of decline of 0.6% for the United States.  Arkansas GDP was...

Arkansas GDP – 2021:Q1

The U.S. Bureau of Economic Analysis recently published state-level estimates of Gross Domestic Product for the first quarter of 2021.  The report showed widespread recovery from the COVID-19-induced recession of 2020, with all 50 states showing sizable quarterly...
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