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.
Third quarter 2012 economic conditions in the Little Rock-North Little Rock-Conway (central Arkansas) metro area saw limited gains in economic conditions compared to the third quarter of 2011. The quarter…
Third quarter 2012 economic conditions in the Northwest Arkansas metro area were improved compared to the third quarter of 2011. Ongoing job growth and consistent gains in area sales tax…
Third quarter 2012 economic conditions were not improved compared to the 2011 period, with the number of unemployed in the region weighing negatively on the regional economy. The third quarter…
Second quarter 2012 economic conditions in the Little Rock-North Little Rock-Conway (central Arkansas) metro area saw a minor decline in economic conditions compared to the second quarter of 2011. The…
Second quarter 2012 economic conditions in the Northwest Arkansas metro area were slightly improved compared to the second quarter of 2011. Ongoing job growth and consistent gains in area sales…
Second quarter 2012 economic conditions dipped slightly compared to the 2011 period, with continued declines in overall employment weighing negatively on the regional economy. Unfortunately, it’s a pattern similar to…
The 2012 first quarter economy in the central Arkansas area received a grade of B-, meaning that minor improvements were seen in most current and leading economic indicators. Year-on-year tax…
First quarter 2012 economic conditions in the Northwest Arkansas metro area saw improvements compared to the first quarter of 2011. The gains were primarily the result of higher employment and…
First quarter 2012 economic conditions in the Fort Smith metro area remained flat compared to the 2011 period, with an ongoing decline in overall employment and building permit values weighing…
Sales tax collections — to include hospitality taxes —home sales activity and enplanement figures in the area are positive, but high jobless numbers continue to place downward pressure on the…
Lake Fort Smith State Park will welcome 10 new cabins by the end of 2012, Richard Davies, executive director of the Arkansas Department of Parks and Tourism, said Friday (Feb….
Fourth quarter 2011 economic conditions declined slightly compared to the 2010 period, with a decline in overall employment and building permit values weighing negatively on continued gains in regional sales…