Tagged: michael pakko

Contractors Cite Job Losses, Hope for Infrastructure Investment

by Sarah Campbell 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 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 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.

Arkansas Unemployment Mirrors National Trend, Down to 5.4 Percent

by Alexis Crowe 9/18/2015 9:46 am

A report Friday by the Arkansas Department of Workforce Services, shows Arkansas’ seasonally adjusted unemployment rate dropped two-tenths of a percentage point, from 5.6 percent in July to 5.4 percent in August.

Finding Patterns in Counties’ Statistics (Michael Pakko Commentary)

by Michael Pakko 8/31/2015 12:00 am

In preparation for a recent presentation to the Association of Arkansas Development Organizations, I gathered a set of statistics on demographics and economic development for Arkansas’ 75 counties. Mapping the results yielded some interesting patterns, although in many cases not terribly surprising.

State Unemployment Rate Falls to 5.7 Percent in June

by Lance Turner 7/21/2015 9:12 am

Economist Michael Pakko says June snapped a three-month streak of growth among the number unemployed Arkansans.

State Economic Forecaster Michael Pakko Says Arkansas Economy Could Be Dampened by These Two Industries

by Arkansas Business Staff 7/13/2015 12:00 am

Michael R. Pakko took on the job of chief economist and state economic forecaster position at the Institute for Economic Advancement at UALR in August 2009.

Arkansas Unemployment Rate Rises to 5.7 Percent in April

by Alexis Crowe 5/27/2015 8:43 am

Arkansas' unemployment rate ticked up one-tenth of percentage point from March, coming in at 5.7 percent in April, according to a report Wednesday by the state Department of Workforce Servics.

Arkansas Labor Force Rises by 9,000

by Arkansas Business Staff 3/30/2015 12:00 am

As the unemployment rate in Arkansas is falling the size of the labor force is increasing, as these charts by Michael Pakko, the state’s economic forecaster, show.

Arkansas Home Sales Up 4.5 Percent in 2014

by Arkansas Business Staff 3/16/2015 12:00 am

Home sales in Arkansas rose 4.5 percent last year compared with 2013, according to a report from the Arkansas Realtors Association.