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...
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...
by Michael Pakko | Sep 22, 2017
The Bureau of Economic Analysis released 2016 GDP data for metropolitan areas earlier this week. The data for Arkansas metro areas show relatively strong growth in Fayetteville, Jonesboro, and Texarkana. Real GDP contracted in Fort Smith, Hot Springs and Pine Bluff....
by Michael Pakko | Jul 26, 2017
Arkansas GDP increased at a 1.3% annual rate in the first quarter, slightly higher than the nationwide average of 1.2%. Arkansas’ growth rate ranked #23 among the 50 states. The Bureau of Economic Analysis reported that GDP growth was positive in 43 states and...
by Michael Pakko | May 11, 2017
New data on state-level GDP was published this morning by the Bureau of Economic Analysis. In the fourth quarter, Arkansas GDP expanded at an annual rate of 0.5%, well below the nationwide average of 1.9%. Arkansas growth rate ranked #45 of the 50 states....