As the federal government shutdown continues, farmers in the state are increasingly concerned that gridlock in Washington, D.C. could negatively impact Arkansas products.
Growers and producers in the state are currently partnering with federal researchers on a variety of agricultural studies.
Travis Justice is a senior economist with the Arkansas Farm Bureau Federation. He says farmers in state also rely heavily on data from the USDA, information that has not been updated since the shutdown.
Arkansas finance officials say nearly 600 state employees are on furlough because of the federal government shutdown, but say that number could change as they double check figures with individual agencies.
Richard Weiss, director of the state Department of Finance and Administration, on Monday said that 590 state employees whose positions are paid for with federal funds were idled because of the shutdown that began Oct. 1.
A technology company that analyzes consumers’ personal data to help create specifically targeted mobile advertisements will be opening a center in Little Rock. nGage Labs plans to hire 35 skilled workers at an average salary of $100,000 for its new site in the Rivermarket.
Ron Ford, CEO of the Scottsdale, Arizona-based company, told reporters at the Capitol Friday about his enthusiasm for the new expansion, an ‘Analytics Innovation Center’.
Depending on how long it lasts, the partial federal government shutdown could have a negative impact on the financial wellbeing of Arkansans who already work in low-wage jobs.
AmeriCorps VISTA members complete projects designed to combat poverty in communities throughout Arkansas. However, the people who work for that national service program often depend on a federal stipend, which amounts to less than $5 an hour, as their only source of income during their year of fulltime service.
A new survey of business leaders in Arkansas and eight other Midwest and Plains states suggests that manufacturing growth will help fuel the regional economy through the end of the year.
The overall Mid-America Business Conditions Index climbed for a second straight month in September, rising to 54.8 from 53.8 in August.
Creighton University economist Ernie Goss oversees the survey, and he says growth among durable-goods manufacturers more than offset some pullbacks among nondurable-goods producers and value-added service firms.
Arkansas housing data spanning the first 7 months of this year show home sales were up nearly 11% in the state compared to the same period last year, according to the Arkansas Realtors Association. Sales numbers in the state also show a 13 % increase in home values.