Arkansas Economy

Local & Regional News
1:08 pm
Fri March 15, 2013

Entergy Arkansas Says Residential Bills To Decrease

Entergy Arkansas says a reduction in its costs for power will mean a 4.75 percent cut in the average  residential customer's utility bill.  

Entergy said in a news release Friday that it expects more nuclear generated power - which is less expensive - will be available in 2013 from Arkansas Nuclear One and Grand Gulf.  

The company says the utility bill for a residential customer currently using 1,000 kilowatt hours is $101.31 per  month. Entergy says that bill would drop to $96.50 per month under the new rate.  

Pres. Clinton For Little Rock Funding Initiative
6:18 am
Fri March 15, 2013

Clinton To Help Launch Microloan Program In Arkansas

Bill Clinton

Former President Bill Clinton is expected to help announce the launch of an initiative that expands the availability of microloans for small business owners and aspiring entrepreneurs in the Little Rock area.

Clinton is slated to appear Friday afternoon at the launch of Kiva City Little Rock. The program connects small business owners to an online community where people can lend money to Arkansas businesses.

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Pryor And Boozman On Budget And Energy
5:16 am
Thu March 14, 2013

Pryor And Boozman Discuss National Energy Needs And Budget Matters

From left to right: Senator John Boozman and Mark Pryor.

U.S. Senator Mark Pryor of Arkansas says he’s once again filing a bill that would mandate a 4-year review of all energy programs and energy needs in the country.

Pryor, a Democrat, said the measure received bipartisan support last year, but he’s still trying to gain support from Republican lawmakers this time around. Because of fracking and horizontal drilling, Pryor says there is now an abundance of natural gas in Arkansas, but…

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Sequestration In Arkansas
2:12 pm
Fri March 8, 2013

Sequestration Cuts Are Being Felt At Little Rock’s Central High School National Historic Site


Officials with the Little Rock Central High School National Historic Site say they are trying to not lay off workers due to sequestration cuts.

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Pryor-Boozman Talk Guns-Sequester
11:21 am
Wed March 6, 2013

Senators Pryor And Boozman Discuss Spending Cuts And Guns

left to right: Mark Pryor and John Boozman

As the consequences of automatic federal spending cuts begin to seep into daily life, Democratic U.S. Senator Mark Pryor of Arkansas says his office is already fielding calls from concerned citizens. Pryor says the sequester will have long-term implications.

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Arkansas minimum wage
6:35 pm
Tue March 5, 2013

Arkansas Increase In Minimum Wage Fails In Committee

Arkansas Capitol

An effort to raise Arkansas' minimum wage failed to make it out of a House committee Tuesday. The measure by Democratic Rep. Butch Wilkins of Bono would have increased the state's minimum wage by two dollars to $8.25 for all employees, except part-time student workers at universities.

“I don’t think the facts will show that the minimum wage increase is really harmful to the economy,” said Wilkins.

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Local & Regional News
5:29 pm
Wed February 27, 2013

Boozman And Pryor Urge State Dept. To Move On Keystone Pipeline

U.S. Senators John Boozman and Mark Pryor of Arkansas have joined a bipartisan coalition of senators who want quick approval of the Keystone XL Pipeline.

The pipeline would move oil from Canada to the Gulf Coast. Boozman says the group is urging Secretary of State John Kerry to approve the project within the first quarter of this year.

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Sequester Arkansas
2:52 pm
Tue February 26, 2013

Sequester Not Immediately Felt In Arkansas and Nation

Analysts say Arkansas would lose millions of dollars in funding for crucial education, military readiness, and job training programs, if Congress and the president don’t reach a deal to avoid the sequester.

Though the automatic spending cuts go into effect March 1, the government won’t run out of money until March 27 and that’s only if a new funding measure is not passed. Additionally, the full impact of sequestration won’t be felt by Arkansans until April 4 when furloughs begin.

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5:14 pm
Wed February 20, 2013

Arkansans Ask Congress To Stop Automatic Cuts To Crucial Programs

Candis Collins wants members of Congress to stop the sequester.
Credit Malcolm Glover

The inability of Congress to reach an agreement on ending the sequester means some programs in Arkansas could suffer if mandatory spending cuts in defense and domestic programs go into effect March 1.

At an event in Little Rock Wednesday, various interest groups rallied together and encouraged lawmakers to act before it’s too late.

Chilly temperatures and freezing rain weren’t going to stop Candis Collins from voicing her concerns about looming federal cuts. She and others gathered outside Martin Luther King Magnet Elementary School in Little Rock.

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10:01 am
Wed February 20, 2013

Economic Development Project Moves Forward

Lead in text: 
Arkansas Business has a report on the latest on Big River Steel Mill project.
The Arkansas Economic Development Commission expects to submit its $125 million incentive package for the Big River Steel mill project to the Arkansas Legislature on Thursday, an AEDC spokesman said on Monday.