Dr. Michael Pakko was interviewed about how President Biden’s 2 trillion dollar relief plan and new stimulus checks could help Arkansas’s economy.
The Biden Administration is looking at proposing a $15 federal minimum wage increase. Arkansas’ minimum wage is currently $11 an hour, much higher than the
Manufacturing in Arkansas struggled to grow for more than a decade, then finally saw improvement in 2018, which continued until the pandemic hit. Dr. Michael
Arkansas’ manufacturing sector had a strong start in 2021, with four major manufacturing operations choosing to stay in Arkansas instead of moving elsewhere. The decision
Though the pandemic has brought economic struggles to most communities, Hot Springs and Garland County are seeing increases in their revenue. “The strength of sales
Arkansas’ economy continues to outperform its forecasts, according to the December revenue report from the Department of Finance and Administration. Arkansas’ net available general revenue
Dr. Michael Pakko, chief economist and state economic forecaster at the Arkansas Economic Development Institute at the University of Arkansas at Little Rock, addresses how
Nestle USA is expanding its Jonesboro plant, the company said Wednesday, investing $100 million and adding a new line for the production of Hot Pockets, which will create 100 more jobs.
The jobs will be added over the next two years and will be part of a plan to renovate and expand the Nestle plant by 90,000 square feet, according to a Wednesday news release. Construction on the addition is expected to begin in January.
Arkansas Business asked industry leaders to share their expectations for 2021, both before and after the coronavirus vaccine is widely available. Here’s what they said. Michael
Arkansas’ job growth has improved slightly, with the state’s unemployment rate staying at 6.2% in November, just under the U.S. jobless rate of 6.7%. Dr.
2801 South University Avenue
Little Rock, Arkansas 72204
