by - May 30, 2024 3:25 pm
The U.S. economy has entered the fifth year of an economic expansion that began in May 2020, according to employment, income, sales and production metrics. This overlooked development is unlikely…
by - November 4, 2020 5:12 pm
The ongoing COVID-19 pandemic has hit the U.S. economy hard and the fallout on several economic sectors remains dire, according to a report released Wednesday (Nov. 4) by the U.S….
by - November 1, 2019 11:35 am
U.S. total nonfarm payroll employment in the U.S. rose by 128,000 in October as the U.S. jobless rate lifted off its 50-year low and rose from 3.5% to 3.6%, the…
by - September 20, 2019 12:33 pm
Arkansas’ unemployment remained at a sterling 3.4% as employers continued posting “help wanted” signs to find workers to fill key positions in the ever-tightening labor market. According to labor force…
by - August 21, 2019 4:04 pm
Newly revised data from the U.S. Labor Department posted Wednesday (Aug. 21) shows the nation’s job market produced a half-million fewer jobs than previously thought over the past year. In…
by - December 24, 2018 8:58 am
Global economic growth will edge down to 3% in 2019 from 3.2% in 2018, according to the annual Top 10 Economic Predictions released by business information provider IHS Markit. While…
by - January 27, 2017 6:27 pm
The state of economies around the world were discussed Friday (Jan. 27) at the Regional Economic Forecast Luncheon hosted by the University of Arkansas, an annual event that draws hundreds…
by - November 16, 2016 4:08 pm
The Arkansas economy suffered a “double-dip” recession in 2012 and will likely see a revision in historic employment numbers posted earlier this year, an audience of more than 100 business…
by - August 4, 2016 1:05 pm
The pace of layoffs ticked up in July, as employers announced plans to shed 45,346 workers from their payrolls, a 19% increase from 38,536 job cuts in June, according to…
by - March 16, 2016 2:19 pm
The Federal Open Market Committee (FOMC) on Wednesday (March 16) maintained federal funds rates at 0.25% to 0.5%, with Fed Chair Janet Yellen calling the nation’s current hawkish monetary policy…
by - January 29, 2016 2:17 pm
The U.S. economy decelerated in the fourth quarter of 2015 thanks to less spending by consumers, a slowdown in local and state government outlays and tepid capital investments by American…
by - December 4, 2015 2:34 pm
The U.S. jobless rate remained unchanged in November at 5% for the second straight month, but a hearty 211,000 jobs were added to employer payrolls across the nation, the U.S….
by - September 9, 2015 5:18 pm
CardHub reports consumers racked up $32.1 billion in new credit card balances during the second quarter ending June 30. Not only is this the largest second-quarter binge since the study began…
by - August 27, 2015 12:04 pm
In the “second revision” of the nation’s real gross domestic product, or GDP, the federal report shows the U.S. economy advanced at a robust annual rate of 3.7% in the…
by - August 10, 2015 7:16 pm
Job cuts in July crested to the highest level in nearly four years as U.S. employers announced plans to shed 105,696 workers from their payrolls in July, according to the…
by - July 30, 2015 12:01 pm
The nation’s economy gained momentum in the second quarter as real gross domestic product in the U.S. rose 2.3% in the second quarter of 2015, according to the “advance” estimate…
by - July 27, 2015 12:49 pm
With the first two quarters of 2015 already in the history books, local and national economists predict a stronger economy in Northwest Arkansas, Fort Smith and the nation as a…
by - April 8, 2015 2:02 pm
“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…
by - March 11, 2015 5:09 pm
U.S. GDP growth has improved and the national jobless rate fell to 5.5% in February, but rising consumer debt suggests that overall economic recovery is not resulting in a better…
by - December 23, 2014 5:35 pm
A wide range of economic data has been released by the federal government in the days prior to the holiday break, with some figures showing a gain in Arkansas’ combined…
