Tagged: michael pakko

State Home Sales Return to Pre-Recession Levels

by Sarah Campbell-Miller 8/16/2017 4:23 pm

The Arkansas Realtors Association says Arkansas home sales in June weighed in at 3,542 — ahead of the 3,493 sold in June 2006, before the recession rocked the national residential real estate market.

Jonesboro Business Leaders Talk Health Care, Manufacturing

by Sarah Campbell-Miller 4/13/2017 10:23 am

Northeast Arkansas has experienced a "robust economic expansion" and "some optimism is in order," economist Michael Pakko told business leaders at the second annual Regional Economic Forecast in Jonesboro.

Focus On The Economy of Jonesboro

by Michael Pakko, Ph.D 4/10/2017 12:00 am

In an economic expansion that has generally been lackluster across the state and the nation, the Jonesboro region stands out as one of the more dynamic and growing local economies.

Arkansas Unemployment Rate Falls to a Record 3.8 Percent

by Sarah Campbell-Miller 3/13/2017 9:58 am

Arkansas' unemployment rate continued to fall in January to the lowest on record, 3.8 percent. The rate was 3.9 percent in December and 4.2 percent in January 2016.

Arkansas Taxable Sales Up in 4Q

by Arkansas Business Staff 2/20/2017 12:00 am

Arkansas’ taxable sales rose a seasonally adjusted 0.4 percent in the fourth quarter of 2016 and were up 1.8 percent compared with a year earlier.

Pakko: State Housing Numbers Continue Upward Trend

by Todd Traub 2/9/2017 4:19 pm

Prices and sales figures show the state still bouncing back from the housing market bust.

The In-Person Experience (Gwen Moritz Editor's Note)

by Gwen Moritz 1/16/2017 12:00 am

My first reaction to the long movie line was simple: Just hire some more people, whydoncha? But if the answer were that simple, people whose livelihoods depend on retail sales could have figured that out.

Contractors Cite Job Losses, Hope for Infrastructure Investment

by Sarah Campbell-Miller 11/29/2016 12:35 pm

The Associated General Contractors of America says Little Rock metropolitan area placed fourth out of 358 metros nationwide in construction jobs lost between October 2015 and October 2016.

Tianyuan Garment Factory Turns Tide: 400 Jobs ‘Reshored’ to Little Rock

by Sarah Campbell-Miller 11/28/2016 12:00 am

A Chinese garment maker’s plan to spend $20 million building a factory in Little Rock is an example of a manufacturing phenomenon that is picking up steam as automation begins to wash out the labor cost advantage that for decades enticed manufacturers to move overseas.

Arkansas Attracts Chinese Garment Plant With Tax Incentives

by Sarah Campbell-Miller 11/28/2016 12:00 am

A multimillion-dollar incentives package is helping attract the Chinese garment maker that plans to build a $20 million plant in Little Rock and open it by the end of 2017.

President-elect Not Affecting Economic Outlook

by Alexis Crowe 11/16/2016 11:21 am

Economists are not expecting a new president to have significant effects on the local or national economy and outlook, according to presentations at the Little Rock Economic Briefing on Wednesday.

Economic Briefing to Analyze Local, National Economies

by Arkansas Business Staff 11/10/2016 4:43 pm

The Little Rock Branch of the Federal Reserve Bank of St. Louis and the Institute for Economic Advancement at the University of Arkansas at Little Rock will host a Little Rock Economic Briefing on Wednesday.

Unemployment Rates in Arkansas Cities Vary Widely

by Arkansas Business Staff 8/15/2016 12:00 am

Unemployment rates rose slightly in Arkansas metro areas in June, but rates are still lower than a year ago, notes Michael Pakko, chief economist at the Institute for Economic Advancement at the University of Arkansas at Little Rock.

With Unemployment Low, Arkansas Economists Weigh Effects

by Alexis Crowe 6/24/2016 11:02 am

While two Arkansas economists don't expect state unemployment to fall much further, the effect of historically low jobless levels could put workers at an advantage when seeking a new job or higher wages.

Arkansas February Unemployment Rate Falls to 4.2 Percent

by Lance Turner 3/25/2016 9:19 am

Arkansas' February unemployment rate is 4.2 percent, down from 4.4. percent in January and 5.6 percent in the same month last year, according to report Friday from the state Department of Workforce Services.

Arkansas Business Power List 2016: Economic Development

by Arkansas Business Staff 3/21/2016 12:00 am

An economic development resource to help navigate the leadership of the largest Arkansas companies or institutions.

Arkansas' Unemployment Rate Falls to 4.4 Percent

by Alexis Crowe 3/14/2016 10:36 am

Arkansas’ seasonally adjusted unemployment rate dropped three-tenths of a percentage point from December to 4.4 percent in January, according to a report Monday by the Arkansas Department of Workforce Services.

Unemployment Falls in Arkansas Metros in 2015

by Arkansas Business Staff 2/15/2016 12:00 am

Unemployment in Arkansas’ metropolitan areas has fallen significantly in the last year, notes Michael Pakko, an economist at the University of Arkansas at Little Rock.

Personal Income in Arkansas Metro Areas See Increase

by Arkansas Business Staff 2/8/2016 12:00 am

The eight metropolitan areas of Arkansas reported increases in local area personal income in 2014, with growth ranging from 1.6 percent in Pine Bluff to 4.1 percent in Fort Smith.

Tourism Strong in Hot Springs; Arkansas Economy Continues to Recover

by Alexis Crowe 12/16/2015 1:37 pm

Although Arkansas' economic recovery has lagged the rest of country since the recession, growth here has increased over the last couple of years.

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