Author: Greg Kaza

by Greg Kaza -

A top 10 Arkansas metric

Arkansas isn’t 48th or 49th. We’re in the Top 10 in the United States in one charitable metric. A broad-based coalition of Arkansans have distributed more than 13,000 dictionaries to…

by Greg Kaza -

U.S. economic expansion, year three

The U.S. economy is about to enter the third year of an economic expansion that began in May 2020, according to the National Bureau of Economic Research’s business cycle dating…

by Greg Kaza -

The shortest recession

The recent announcement by a National Bureau of Economic Research panel that last year’s recession lasted a mere two months is another reminder postwar recessions tend to have short durations….

by Greg Kaza -

Fort Smith’s niche

Last year’s recession is a reminder the business cycle has not been repealed. In the midst of the COVID-19 crisis, the National Bureau of Economic Research (NBER) declared that a…

by Greg Kaza -

Most postwar recessions did not exceed 10 months

The recent national payroll employment report for April, which showed a decline of 20.5 million jobs and a 14.7% unemployment provides additional evidence a recession is underway.  Coupled with peaks…

by Greg Kaza -

Recession call is premature

Significant attention has focused recently on the inverted yield curve. The yield curve for U.S. treasuries is said to invert when a short rate such as the three-month Treasury bill trades…

by Greg Kaza -

Notes on a high-performing Delta county

A long-standing goal of Arkansas policymakers has been achieving 100% income parity with the U.S. average. A release this week from the U.S. Bureau of Economic Analysis shows how far…

by Greg Kaza -

Reorganization and ‘Shared Services’

“Shared services” is an important component of Gov. Asa Hutchinson’s proposed government reorganization, the first serious effort to reorganize state agencies since 1972. “The proposal will improve management control throughout…

by Greg Kaza -

Culture, economics and Hot Springs

Tourism plays an important role in Arkansas’ economy.  Total travel expenditures exceeded $8.2 billion last year, according to a preliminary state Department of Parks and Tourism report that estimates nearly…

by Greg Kaza -

Measuring Arkansas’ high-tech employment

Entrepreneurs, public officials and academics have worked in the 21st Century to increase market awareness that Arkansas’ economy includes a growing “high-tech” component. One way to illustrate this development is…