Arkansas Economy

The state's unemployment rate in October was 3.7%, down from 4% in September. It's the lowest rate since the since the COVID-19 pandemic began to shutdown the global economy in March 2020.

The state survived the economic downturn better than most, but Michael Pakko, chief economist and state economic forecaster for the Arkansas Economic Development Institute, says a slowdown in spending is expected.

The money from the American Rescue Plan is intended for marketing, infrastructure, workforce and other projects to rejuvenate safe leisure, business, and international travel.

The 23rd annual Arkansas Poll, conducted by the University of Arkansas, Fayetteville, shows increasing economic pessimism among both Democrats and Republicans.

The Department of Finance and Administration reports net available revenue for was 3% above forecast and 12.9% above last year.

The rate fell by two-tenths of a percentage point since August to 4%, which is below the national rate of 4.8%.

Tax revenue in the first quarter of Arkansas’ fiscal year (July-September) is down compared to a record period in 2020, but collections are up almost 17%…

State parks in Arkansas, which have seen increased visitation throughout the COVID-19 pandemic, expect to see even more traffic as temperatures drop and…

Arkansas State Chamber of Commerce/Associated Industries of Arkansas President and CEO Randy Zook says the business community’s reaction to a Biden…

Arkansas could lose over $100 million in federal aid for renters. On Monday, the state was identified as having one of the lowest disbursement rates for…