by Michael Pakko | Dec 23, 2022
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...
by Michael Pakko | Sep 30, 2022
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...
by Michael Pakko | Jul 9, 2021
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...
by Michael Pakko | Jan 5, 2021
State-level GDP data for the third quarter were released over the holidays (December 23). The latest data showed that Arkansas Real GDP increased 7.1% in Q3 (an annual rate of 31.8%). The nationwide growth rate was 7.5% (annual rate 33.4%). The change in real GDP...
by Michael Pakko | Jan 5, 2021
State-level GDP data for the third quarter were released over the holidays (December 23). The latest data showed that Arkansas Real GDP increased 7.1% in Q3 (an annual rate of 31.8%). The nationwide growth rate was 7.5% (annual rate 33.4%). The change in real GDP...
by Michael Pakko | Jul 8, 2020
In the latest report on state-level GDP, the U.S. Bureau of Economic Analysis reported that Arkansas’ economy contracted at a 5.0% annual rate in the first quarter, the same rate as the U.S. That was also the median growth rate among states. GDP declined in...
