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.
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…