'Like My Father Before Me' (Ana Hernández Kent Commentary)
The strong relationship between one’s own education and that of one’s parents has important financial implications. read more >
Tagged: Federal Reserve Bank Of St. Louis
Construction Employment in Arkansas Still Below Pre-Recession Heights
The number of those employed in the construction industry in Arkansas reached 51,900 in March, the latest figures available. read more >
St. Louis Fed Announces 2019 Investment Connection Series
The Federal Reserve Bank of St. Louis is kicking off the second full year of its Investment Connection program on May 21 in Memphis, to be followed by other live events around the Eighth Federal Reserve District in 2019. read more >
Central Arkansas Unemployment at 3.5 Percent
The unemployment rate in the Little Rock-North Little Rock-Conway metropolitan statistical area remains near a historical low, 3.5% in February. read more >
NWA Regional Airport Authority CEO Joins Fed's Council
Aaron Burkes of Bentonville has been named to the Transportation Industry Council of the Federal Reserve Bank of St. Louis. read more >
Central Arkansas Average Weekly Earnings on Rise
Private-sector workers in the Little Rock-North Little Rock-Conway metropolitan statistical area earned an average of $861.50 each week as of February 2019. read more >
New Home Sales Price Average at $373,100
The average price of a new single-family house in the United States reached $373,100 in January, according to the U.S. Census Bureau and the U.S. Department of Housing & Urban Development. read more >
Roche, Vanhoozer Named Arvest Private Bankers (NEA Movers & Shakers)
Teresa Roche and Deania Vanhoozer are new private bankers for Arvest Bank in Jonesboro. Ryan Kimbrough has been hired to direct client relations at Baugh Financial. read more >
St. Louis Fed Announces New Board Member
The Federal Reserve Bank of St. Louis on Thursday announced one appointment and several reappointments to its board of directors. read more >
St. Louis Fed's James Bullard: Rates Are Good As Is
Federal Reserve Bank of St. Louis President James Bullard spoke Thursday in Little Rock about “Perspectives on 2019 Monetary Policy” as part of the Little Rock Regional Chamber’s “Power Up Little Rock” lecture series. read more >
Construction Spending Slips Slightly in October
Construction spending in the United States fell 0.1 percent in October compared with September, its third straight monthly decline, according to the U.S. Commerce Department. Spending reached a peak of $1.32 trillion in May. read more >
St. Louis Fed: Construction, Real Estate Indicators Mixed
Economic conditions have improved slightly this fall in the Federal Reserve’s 8th District, which includes Arkansas, according to the periodical Beige Book released in November. read more >
Homeownership Trends at 65 Percent in Arkansas
The rate of homeownership in Arkansas stood at 65 percent in 2017, according to the Federal Reserve Board of St. Louis. That’s slightly higher than the nationwide rate of 64.2 percent in fourth-quarter 2017. read more >
Federal Regulators Look to Update CRA
With changes in banking, including a dramatic consolidation of the industry, federal bank regulators have put out the word that the way the Community Reinvestment Act is enforced is likely to change as well. read more >
U.S. Banks: 2018 Return on Average Equity Almost Even With '84
During this period, return on average equity at banks in the United States reached a low of minus 5.94 percent in the second quarter of 1987. It saw a high of 16.29 percent in the first quarter of 2000. read more >
Mike Carroll Named Chairman of Arkansas CPAs (Movers & Shakers)
Mike Carroll of Fort Smith has been appointed chairman of the Arkansas Society of Certified Public Accountants. read more >
Debt and Disposable Income Percentage Moves Up
Household debt service payments as a percentage of disposable income moved up in the fourth quarter of 2017, to 10.3 percent, a total that includes both mortgage and consumer debt payments. read more >
Comparing Metro Area Living Standards (James Bullard Commentary)
The results of this analysis show the importance of adjusting for price differences across regions when comparing living standards. read more >
St. Louis Fed President Speaks in Little Rock
Federal Reserve Bank of St. Louis President James Bullard spoke last week in Little Rock about “The U.S. Economy Three Months into 2018” at the Arkansas Bankers Association's and Arkansas State Bank Department’s Day with the Commissioner. read more >
Little Rock Broker Named to St. Louis Fed's Real Estate Council
Greg Joslin of Little Rock has been named to the Real Estate Industry Council of the Federal Reserve Bank of St. Louis. read more >
Editors' Picks
