by Michael Pakko | Sep 13, 2012
New forecasts from the USDA’s National Agricultural Statistics Service (NASS) project sizable increases in Arkansas agricultural output in 2012. Output figures from 2011 and projections for 2012 are summarized in the table below. Corn production, in...
by Michael Pakko | Sep 30, 2022
New data for state GDP was released today by the Bureau of Economic Analysis. Arkansas GDP was reported to have declined at an annual rate of 3.0% in the second quarter compared to a more modest rate of decline of 0.6% for the United States. Arkansas GDP was...
by Michael Pakko | Mar 25, 2022
The latest employment report for Arkansas shows another decline in the unemployment rate, with the rate falling from 3.2% in January to 3.1% in February. The Arkansas unemployment rate was previously reported to be as low as 3.1% back in December, but that low-point...
by Michael Pakko | Apr 7, 2020
The U.S. Bureau of Economic Analysis released a report this morning on state-level GDP for the fourth quarter of 2019. Arkansas real GDP increased at a 2.4% annual rate, surpassing the national average of 2.1%. Arkansas’ growth rate was the 13th highest in the...
by Michael Pakko | Mar 25, 2020
The Bureau of Economic Analysis released new state-level personal income data for the final quarter of 2019. Total personal income in Arkansas is estimated to have increased at a 2.7% annual rate, slightly lower than the 3.0% rate for the nation. Arkansas...