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Total revenue in Arkansas was $807 million in January, 9.6% above the budget forecast.
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Discussions are underway with the governor’s office about how much relief for homeowners the state can afford.
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The state's unemployment rate was higher than this time last year according to new data from the Arkansas Division of Workforce Services.
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The 2022 rice season in Arkansas was "erratic" according to one agribusiness expert.
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The Arkansas Department of Finance and Administration released its latest monthly report showing gains in tax collections and state revenue.
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"They should be thankful they have that long-term reserve fund in place," says Jeremy Horpedahl, associate professor of economics at the University of Central Arkansas.
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The Bureau of Labor Statistics says the number of unemployed Arkansans has risen for seven straight months while the number with jobs has declined for three consecutive months.
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Speaking at the annual meeting of the Arkansas State Chamber of Commerce, Gov. Asa Hutchinson said the state is in a strong economic position as Sarah Huckabee Sanders prepares to take office.
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Fiocchi of America is adding another manufacturing facility in central Arkansas, this time at the Port of Little Rock.
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Gov. Asa Hutchinson presented his final biennial balanced budget to the Arkansas General Assembly on Thursday, saying the state "has never been in better financial condition."