Regional Price Parities – 2017

The Bureau of Economic Analysis came out with their latest figures on real personal income for states and metropolitan areas last week.  A distinctive feature of these “real” income estimates is that they are adjusted for changes in prices that reflect not...

Arkansas Personal Income – 2008:Q1

The latest data on Arkansas personal income indicated a disappointingly slow growth rate in the first quarter of the year.  Total personal income increased at an annual rate of only 2.5% from 2017:Q1 to 2018:Q2, compared to the national average rate of 4.3%.*  Only...

Regional Price Parities and Income – New Data for 2012

When the 2013 data on state personal income were recently released, we noted that per capita income in Arkansas was approximately 81% of the national average — essentially unchanged from the previous year.  But when it comes to purchasing power, incomes in...

Arkansas Personal Income – How Policy Has Affected Growth

Recent statistics on personal income have been subject to significant influences by Federal tax policy.  In the most recent quarter (2013:Q1) Arkansas personal income declined by 1.9%, compared to an average decline of 1.2% nationwide.  These declines followed sharp...

Unemployment Demographics in Arkansas

The Bureau of Labor Statistics recently published some preliminary statistics on 2012 state unemployment rates – broken down by gender, race, ethnicity and age.  A comparison of Arkansas with the rest of the country yields some interesting observations. As shown in...
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