The Arkansas Economic Outlook Focus on Hot Springs
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1 The Arkansas Economic Outlook Focus on Hot Springs Dr. Michael Pakko Chief Economist and State Economic Forecaster Institute for Economic Advancement, UALR Regional Economic Forecast Hot Springs December 16, 2015
2 Gross Domestic Product Source: Bureau of Economic Analysis
3 Gross Domestic Product Average: 2.1% Source: Bureau of Economic Analysis
4 Arkansas Experience Source: Federal Reserve Bank of Philadelphia
5 Arkansas Experience Source: Federal Reserve Bank of Philadelphia
6 Arkansas Experience Source: Federal Reserve Bank of Philadelphia
7 Personal Income Source: Bureau of Economic Analysis
8 Personal Income Source: Bureau of Economic Analysis
9 Personal Income Source: Bureau of Economic Analysis
10 Personal Income Source: Bureau of Economic Analysis
11 Source: Bureau of Labor Statistics. Employment
12 Source: Bureau of Labor Statistics. Employment
13 Source: Bureau of Labor Statistics. Employment
14 Source: Bureau of Labor Statistics. Employment
15 Source: Bureau of Labor Statistics. Unemployment
16 Source: Bureau of Labor Statistics. Unemployment
17 Source: Bureau of Labor Statistics. Unemployment
18 Southern West Central Arkansas Source: U.S. Census Bureau, Institute for Economic Advancement.
19 Southern West Central Arkansas Total: 70,830 Source: Bureau of Labor Statistics.
20 Southern West Central Arkansas Source: Bureau of Labor Statistics.
21 Southern West Central Arkansas Source: Bureau of Labor Statistics.
22 * Seasonally adjusted data. Source: Bureau of Labor Statistics. Employment Arkansas Nonfarm Payroll Employment - October 2015* Employment changes (thousands of jobs) from: Month ago Year ago Feb 2010 Dec 2007 Mining & Logging Construction Manufacturing Wholesale Trade Retail Trade Transportation & Utilities Information Services Financial Services Professional & Business Services Education & Health Services Leisure & Hospitality Services Other Services Government TOTAL
23 Employment Source: Bureau of Labor Statistics; Seasonally adjusted by the Institute for Economic Advancement.
24 Employment Arkansas -0.3% U.S. 1.6%
25 Employment Arkansas 13.1% U.S. 8.8%
26 Source: Bureau of Labor Statistics. Employment
27 Source: Bureau of Labor Statistics. Employment
28 Source: Bureau of Labor Statistics. Employment
29 Source: Bureau of Labor Statistics. Employment
30 Source: Bureau of Labor Statistics. Employment
31 Taxable Sales Sources: Arkansas Department of Finance and Administration, Oil Price Information Service, Institute for Economic Advancement.
32 Taxable Sales Sources: Arkansas Department of Finance and Administration, Oil Price Information Service, Institute for Economic Advancement.
33 Taxable Sales Sources: Arkansas Department of Finance and Administration, Oil Price Information Service, Institute for Economic Advancement.
34 Taxable Sales Sources: Arkansas Department of Finance and Administration, Institute for Economic Advancement.
35 Per Capita Personal Income 50,000 Per Capita Personal Income 45,000 40,000 Dollars 35,000 30,000 25,000 20,000 15,000 U.S. Arkansas Garland SWC Percent (As Percent of U.S.) Source: Bureau of Economic Analysis
36 Per Capita Personal Income
37 Per Capita Personal Income Source: Bureau of Economic Analysis
38 Per Capita Personal Income Source: Bureau of Economic Analysis
39 Per Capita Personal Income Regional Price Parities, 2013 Regional price parities All items Goods Services Rents Other Fayetteville Springdale Rogers, AR MO Fort Smith, AR OK Hot Springs, AR Jonesboro, AR Little Rock North Little Rock Conway, AR Memphis, TN MS AR Pine Bluff, AR Texarkana, TX AR Arkansas Arkansas (Metropolitan Portion) Arkansas (Nonmetropolitan Portion) United States (Nonmetropolitan Portion) Source: Bureau of Economic Analysis
40 Per Capita Personal Income Source: Bureau of Economic Analysis
41 Arkansas Economist For more information and analysis of the Arkansas Economy, visit the Arkansas Economist:
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