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University of Arkansas Center for Business and Economic Research

Mervin Jebaraj, director of the Center for Business and Economic Research at the University of Arkansas' Sam M. Walton College of Business.
Construction / Real Estate

Skyline Report: Commercial Real Estate Tightens Slightly in NWA

The vacancy rate for commercial real estate in northwest Arkansas dropped to 5.6% in the second half of 2022, according to the Arvest Bank Skyline Report. read more >
Paul Becker, chief financial officer for the city of Fayetteville.
Business Services / Education / Government & Politics / Health Care / Restaurants & Food / Retail / Tourism

Surprise! City Sales Tax Receipts Rise, Defying COVID-19 PredictionsLock Icon

When the pandemic began devastating commerce in March 2020, Arkansas cities slashed budgets and tabled projects, fearing sales tax revenues would fall off the shelf. read more >
Banking & Finance / Real Estate

Report Shows Northwest Arkansas Office Vacancy Unchanged

The commercial real estate market remained strong in Benton and Washington counties in the second of 2020 during the COVID-19 pandemic, according to the latest Arvest Bank Skyline Report. read more >
Mervin Jebaraj, director of the Center for Business and Economic Research at the University of Arkansas
Banking & Finance / Construction

Northwest Arkansas Posts Record Home Sales

Northwest Arkansas had a record number of residential homes sold in the second half of 2020, according to the latest Arvest Bank Skyline Report. read more >
Banking & Finance / Business Services / Education / Manufacturing

Skyline Report: Office Vacancy Rate Dipped to Near Historic Low in 2019

The vacancy rate for office space in Benton and Washington counties was 8.5% in the second half of 2019, the second lowest vacancy rate since 2004, according to the latest Arvest Bank Skyline Report. read more >

Mervin Jebaraj, UA Center for Business & Economic Research (40 Under 40)

Mervin Jebaraj began doing research for the University of Arkansas’ Center for Business & Economic Research when he was pursuing his master’s degree in public policy in 2007. He was named interim director in April 2017 and permanent director beginning Jan. 1, 2018. read more >
Mervin Jebaraj, Interim director of the Center for Business & Economic Research at the University of Arkansas
Banking & Finance / Business Services / Construction / Education / Energy / Health Care / Insurance / Investments / Manufacturing / Nonprofits / Public Companies / Real Estate / Restaurants & Food / Retail / Small Business / Tourism / Transportation

UA’s CBER to Host Quarterly Business Analysis on May 16

The Center for Business and Economic Research at the Sam M. Walton College of Business at the University of Arkansas will present its regular Quarterly Business Analysis on May 16 in Fayetteville. read more >
A generation rig owned by SWN Drilling Services is put to work in a patch of the Fayetteville Shale field, in northern Faulkner County southwest of Damascus in 2014.
Construction / Education / Real Estate / Transportation

Drilling Industry Waits for Bust to ClearLock Icon

Three years after natural gas prices plunged to their lowest point since 1998 — one-sixth the price seen in 2005 — the gas market remains depressed, drilling is dormant, and oil production is flat in the traditional crude belt of south Arkansas. read more >
PAM Transport’s CEO, Dan Cushman, does not expect calamity as the United States renegotiates NAFTA, though 40 percent of PAM’s revenue comes from hauling goods to and from Mexico.
Business Services / Government & Politics / Manufacturing / Public Companies / Transportation

NAFTA Talks Don’t Panic PAM TransportLock Icon

Trade with Mexico fuels profit, but CEO Dan Cushman says his carrier can cope. read more >
Tara Limbird, a real estate broker, recalls “ghost town subdivisions” in northwest Arkansas after the recession a decade ago. Now lots are in big demand, and getting expensive.
Banking & Finance / Business Services / Construction / Education / Energy / Government & Politics / Insurance / Nonprofits / Public Companies / Real Estate / Retail / Small Business / Tourism / Transportation

Residential Lots Scarce As Northwest Arkansas Draws a CrowdLock Icon

Space is not the problem for northwest Arkansas as thousands of new arrivals show up each year. The struggle is with affordability. read more >
Mervin Jebaraj, Interim director of the Center for Business & Economic Research at the University of Arkansas
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UA Economist Mervin Jebaraj on Which Fast-Growing Industry Could Be the Most Unpredictable

Mervin Jebaraj was named the interim director of the Center for Business & Economic Research at the University of Arkansas at Fayetteville in April to replace Kathy Deck. He has been with the center since 2007. read more >
Kathy Deck, director of the University of Arkansas Walton College of Business Center for Business & Economic Research.
Banking & Finance / Business Services / Education

Kathy Deck To Leave Arkansas for Alabama-Tuscaloosa

Economist Kathy Deck is leaving the University of Arkansas at Fayetteville to become the director of community and economic research partnerships at the University of Alabama at Tuscaloosa. read more >
Tim Brisiel of Fayetteville, an eager investor in older complexes, bought the Colonial Arms (top) and Oakwood Place apartments recently for $5 million.
Construction / Investments / Real Estate

Low Vacancy in Fayetteville Makes Even Older Properties Stay in High Demand

The more beds that go into Fayetteville, the more beds Fayetteville seems to need, and that means even older multifamily properties are still in demand. read more >
Business Services / Education / Investments / Real Estate

Commercial Property Filling Up in Northwest Arkansas

Experts think the commercial real estate market in northwest Arkansas is returning to normal; those who make their living in the industry agree. And they like the new normal. read more >
Restaurants & Food / Retail

UA Study: Tangible Economic Benefits for Craighead, Faulkner, Saline Going Wet

The group pushing for the legalization of alcohol sales in three Arkansas counties commissioned an economic impact study that estimated those counties would have seen a combined $87.2 million in retail alcohol sales in 2013. read more >