Tagged: Michael Pakko

Arkansas Unemployment: Metro vs. Rural Areas

Arkansas Unemployment: Metro vs. Rural Areas

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The unemployment rate in Arkansas moved up slightly in August, to 7.4%, as it did in six of the state’s eight metro areas. Only Fort Smith and Texarkana posted declines between July and August. read more >

Pandemic Collateral Damage? Small Firms

Pandemic Collateral Damage? Small Firms

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The COVID-19 pandemic has delivered a wallop to the country’s economy, but experts interviewed by Arkansas Business don’t expect too much lasting damage. There is a caveat, of course. read more >

Preston: Arkansas Ready to Serve Employers, Workers

Preston: Arkansas Ready to Serve Employers, Workers

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Arkansas Commerce Secretary Mike Preston says the COVID-19 pandemic is an “unprecedented” challenge to the state’s economy, but the state is in a good position to cushion the blow to businesses and employees. read more >

Unemployment Rates Trend Lower in Arkansas

Unemployment Rates Trend Lower in Arkansas

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The unemployment rates in most of Arkansas’ metro areas continued to move downward or stay stable in June, with Fayetteville, Jonesboro, Little Rock and Texarkana seeing declines. read more >

Arkansas GDP Grows 2.5% in Q1

Arkansas GDP Grows 2.5% in Q1

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Arkansas’ gross domestic product expanded by 2.5% during the first quarter of 2019, the highest quarterly growth rate for the state since the fourth quarter of 2016, Michael Pakko noted recently on his Arkansas Economist blog. read more >

And Now: Good News (Editorial)

And Now: Good News (Editorial)

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We have suggested to Michael Pakko, the state economic forecaster, that the volume of Movers & Shakers landing in our queue be considered an economic indicator. By that indication, Arkansas’ economy is humming. read more >

Arkansas Personal Income Soars 7.5%

Arkansas Personal Income Soars 7.5%

Total personal income in Arkansas jumped at an annual rate of 7.5% in the fourth quarter of 2018, outpacing the U.S. growth rate of 5.2%, according to the U.S. Bureau of Economic Analysis. read more >

State Home Sales Return to Pre-Recession Levels

State Home Sales Return to Pre-Recession Levels

Banking & Finance

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. read more >