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.
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.
“Grudgingly slow” gains in the U.S. labor market, gains in business investment and increases in consumer spending during the fourth quarter of 2014 point to modest national economic growth in…
The combined value of building permits issued in Fort Smith, Greenwood and Van Buren during the first quarter of 2015 was up more than 50% thanks primarily to a $22…
The 2015 Compass Conference will focus on downtown Fort Smith development, with the soon-to-be-renovated Masonic Temple to provide a unique venue and format for sixth annual event. “Banking on Downtown…
Improved economic conditions and stable air fare rates in 2014 helped the Northwest Arkansas Regional Airport (XNA) set a new enplanement record, and helped the Fort Smith Regional Airport post…
Barring a surprise drop in November and December, travel and tourism tax collections in Fort Smith and Van Buren should end the year on a high note, and Arkansas’ 2%…
While not broad, improvements in employment, sales tax collections and tourism sector employment helped push positive economic trends during the third quarter of 2014 for Arkansas’ three largest metro areas….
Arkansas’ three largest metro areas showed either improvements or stability during the second quarter of 2014 compared to the same period in 2013, according to The Compass Report’s analysis of…
Economic conditions in two of Arkansas’ three largest metro areas continue to be stable or improving, with central Arkansas – the state’s largest metro – continuing to show signs of…
The 2013 fourth quarter economy in the central Arkansas area received a grade of C- meaning that economic conditions declined slightly compared to the fourth quarter of 2012 and were…
Continued gains in employment and sales tax collections helped the Northwest Arkansas economy finish 2013 with a strong fourth quarter, according to The Compass Report. The fourth quarter 2013 grade…
The Compass Report for the fourth quarter of 2013 shows that small but broad based gains in key metrics has resulted in the Fort Smith regional economy finishing out 2013…
The 5th annual The Compass Conference will be held April 17 and will feature an update on economic conditions – based on data from The Compass Report – in the…
The 2013 third quarter economy in the central Arkansas area received a grade of C- meaning that economic conditions declined slightly compared to the third quarter of 2012 but were…
Economic conditions for the Northwest Arkansas economy were stronger in the third quarter than in the previous three quarters, with employment and building permit numbers leading the way. The third…
Slight but continued improvements in economic trends for the Fort Smith region during the third quarter of 2013 has resulted in the best quarterly grade for the economy since the…
The 2013 second quarter economy in the central Arkansas area received a grade of C- meaning that economic conditions declined slightly compared to the second quarter of 2012 but were…
Economic conditions remained positive in Northwest Arkansas during the second quarter of 2013, and are stronger than the second quarter of 2012 thanks to continued gains in employment and building…
Improvements in the number of employed and gains in building permit values in the Fort Smith region helped boost the economy in the second quarter of 2013 compared to the…
The combination of a 0.23% gain in the Fort Smith regional workforce number and a 5.3% increase in the number of area unemployed pushed the regional jobless rate higher in…
First quarter 2013 economic conditions in the Little Rock-North Little Rock-Conway (central Arkansas) metro area were down slightly compared to the first quarter of 2012. The quarter saw gains in…