State Tax Revenue Falls 4.5% in October
Gross revenue collections this year are down primarily due to corporate and individual income tax cuts, the Department of Finance and Administration said. read more >
US Life Expectancy Rebounds Since Pandemic
Life expectancy at birth was similar in the United States and peer countries on average in 1980, but the gap has grown substantially, according to the Peterson Center on Healthcare […] read more >
State of the NWA Region Report Says Innovation Still Key
A State of the Northwest Arkansas Region panel addressed what companies can do to keep the momentum of growth in the region going. read more >
by Marty Cook -
State Unemployment Rate Holds at 3.3% in September
There was year-over-year growth in construction, government and private education and health services, among other sectors. read more >
Labor Force Participation Rate Stands at 58% for Arkansas
The labor force participation rate was 58% for Arkansas in August, while that for the United States as a whole stood at 62.7%. Michael Pakko, chief economist at the Arkansas […] read more >
State Tax Revenue Falls 2% in September
Net available general revenue was $691.6 million for the month, a 2% decrease from last year. The figure surpassed the forecast by $7.8 million, or 1.1%. read more >
New Multifamily Construction Spending in the US
The construction of multifamily homes in the United States rose in 2023, reaching a value of $144.7 billion, according to Statista, a provider of market and consumer data based in […] read more >
Utility-Scale Battery Use Increases in the US
Utility-scale battery energy storage systems have been growing quickly as a source of electric power. read more >
Skyline Report at 20: Strong Real Estate Trends Continue in Northwest Arkansas
There's a high percentage of newly constructed homes and multifamily units being built and absorbed in the region, but affordability remains a major concern. read more >
by Marty Cook -
State Tax Revenue Dips Slightly in August
Net available general revenue was $516 million, marking a decrease of $1.6 million, or 0.3%. read more >
Largest Growth Occupations In the US, 2022-2032
This graphic shows the top 10 occupations expected to add the most jobs between 2022 and 2032. The figures come from a release by the U.S. Bureau of Labor Statistics […] read more >
State Jobless Rate Holds at 3.3% in July
The civilian labor force and employment remained at record-high levels for the fifth consecutive month. read more >
In Freight Transportation, Truck Leads for Short Distances
This graphic shows the percentage of freight in the U.S. moved by various modes of transportation. Truck dominates for moving freight shorter distances, while rail tends to be used for […] read more >
Health Care Employment Surpasses Pre-Pandemic Level
Employment in the Arkansas health care and social assistance sector reached 189,137 in the first quarter of 2024, according to the Arkansas Division of Workforce Services. It has shown continued […] read more >
State Tax Revenue Falls 4.6% in July
Net available general revenue was $527.7 million, down $25.6 million from the same month a year ago. read more >
Restaurant Employees Skew Younger, According to Census Survey
The restaurant industry employs a much higher proportion of younger workers than the overall economy. Forty percent of restaurant and food service employees are under the age of 25, while […] read more >
Arkansas Retail Sales Dip in Q1
The Arkansas Economic Development Institute index of Arkansas retail sales dropped by 0.7% in the first quarter of 2024, while the Census Bureau reported that retail trade and food services […] read more >
State Jobless Rate Falls to 3.3% in June
Month-over-month, Arkansas’ total job numbers grew by 0.6%, topping national rankings for the second time this year. read more >
US Infrastructure Investment Rebounds
The share of their budgets that state and local governments spent on capital investment fell sharply in the 1970s and early 1980s before stagnating and drifting downwards during the decades […] read more >
Drivers to Spend Less Income on Gasoline This Year, Forecasters Say
The July report did not reflect any effects from Hurricane Beryl. read more >
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