Metroplan Releases Annual Economic Review And Outlook

Jan 4, 2016

Metroplan's 2015 Economic Review and Outlook
Credit Metroplan

According to the 2015 Economic Review and Outlook report released by Metroplan, central Arkansas is showing signs of economic growth.

“During most of the year we were growing jobs at a faster rate than the northwest Arkansas region,” said Metroplan researcher Jonathan Lupton. “And normally they outperform us. This is the first year since 1998 that we’ve actually had faster job growth in central Arkansas than they’ve had in northwest Arkansas.”

Metroplan, whose membership includes the local governments of cities in central Arkansas, reports annually on business and transportation trends in the area. In addition to the standard indicators, such as housing and construction growth, the report features businesses it believes are indicative of the positive potential in the region.

The 2015 report highlights the Innovation Hub in North Little Rock, UAMS BioVentures, the Creative Corridor, and two financial organizations based in Little Rock. The report also elaborates on the top 20 occupations for growth in the area and provides some analysis on the impact of the Private Option on health care. The full report can be found here.