The Compass Report is the only independent economic analysis of Arkansas’ top four metro areas (Central Arkansas, Northwest Arkansas, Fort Smith region, and the Jonesboro region). The report measures four leading and four current economic indicators to provide a grade for a regional economy. The report is sponsored by Lowell-based Zero Mountain Logistics, which is a subsidiary of Fort Smith-based Zero Mountain.
A key factor in understanding The Compass is in understanding the “grading” approach used to measure the current and leading economic indicators. The strategy is to place the most recent data in historical context. Average values for the percent change over the referenced time period were calculated, as were standard deviations for each measure.