Arkansas Economy

Local & Regional News
6:58 am
Fri August 8, 2014

ADEQ Sets Meetings On Air Pollution Controls

Arkansas Department of Environmental Quality

The Arkansas Department of Environmental Quality has set a meeting to present the results of a recent statewide modeling analysis for air pollutants The Aug. 20 presentation at the agency's North Little Rock office is open to the public.

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Local & Regional News
4:52 pm
Thu August 7, 2014

Arkansas Consumer Spending Continues To Grow, Says Study

A new report by the federal Bureau of Economic Analysis shows that total consumer spending in Arkansas continues to lag behind much of the nation. The rate of growth in consumer spending, meanwhile, is keeping pace with the rest of the country, notes Michael Pakko, senior economic forecaster for the state of Arkansas.

He says the new state-by-state data gives a more localized picture of the economy over fifteen years (from 1997-2012), including the recovery from the most recent recession.

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Local & Regional News
10:41 am
Mon August 4, 2014

Arkansas Starts Fiscal Year Below Forecast

Arkansas finance officials say sluggish corporate and sales tax collections pushed the state's revenue below forecast and the same month last year as it began the fiscal year.

The Arkansas Department of Finance and Administration on Monday said the state's net available revenue totaled $403.1 million, which is $7.1 million below the same month last year and $9.8 million below forecast. Arkansas' fiscal year began July 1.

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Local & Regional News
5:14 pm
Fri August 1, 2014

Local Fast Food Workers Protest For Higher Wages

Chris Hickey / KUAR News

After the general counsel for National Labor Relations Board said this week fast-food chain McDonald’s could be held liable along with its franchises for any labor violations, a demonstration was held outside one Little Rock restaurant on Friday.  

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Local & Regional News
5:28 am
Fri August 1, 2014

Mixed Outcome For Alcohol Drive In Three Arkansas Counties

A group advocating alcohol sales in dry Arkansas counties says it hasn't gathered sufficient support in Faulkner and Craighead counties but has enough signatures in Saline County to be placed on the November ballot.

The group Our Community Our Dollars needed to collect signatures from 38 percent of voters in each county.

A separate group named Let Arkansas Decide still seeks a statewide ballot measure to allow alcohol sales in every county. Last month the group met an initial signature count and is working to collect additional signatures this month.

Local & Regional News
2:29 pm
Thu July 31, 2014

Manufacturers Group Doubts EPA On Safe Ozone Emissions & Costs

John W. Turk Jr. Power Plant

An association representing some of the world’s largest energy producers released a study Thursday claiming a possible new ozone regulation could be costly for Arkansans. The finding is disputed by leading environmental groups in the state.

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Local & Regional News
8:40 am
Wed July 30, 2014

Aluminum Company Moving 500 Jobs Out Of Rogers

A company that makes aluminum wheels for cars and other vehicles says it will shut down its manufacturing plant in Rogers, eliminating 500 jobs.

Superior Industries International Inc. announced Wednesday that it expects to cease operations at the Rogers plant by the end of this year. Work done at the plant will be shifted to other Superior facilities in Fayetteville and in Chihuahua, Mexico.

Local & Regional News
3:37 pm
Tue July 29, 2014

Back To School Sales Tax Holiday Taking Place This Weekend

Arkansas is hosting its annual back to school sales tax holiday this weekend.

State and local taxes won’t be charged on Saturday and Sunday for clothing that is less than $100 per item and school-related merchandise. A complete list of items and exceptions can be found here.

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Local & Regional News
5:08 pm
Fri July 18, 2014

Minimum Wage Hike Measure Given More Time For Signatures

Supporters of a plan to gradually raise Arkansas' minimum wage have been given 30 more days to circulate petitions and collect signatures after falling shy of the signatures needed to put their proposal on the November ballot.

Secretary of State Mark Martin's office on Friday told the Give Arkansas a Raise Now campaign that it had fallen short of the 62,507 signatures from registered voters needed to qualify the proposed initiated act for the November ballot.

Martin's office said that more than 3,000 of the 64,135 signatures submitted by the group had been tossed out.

Local & Regional News
11:29 am
Fri July 18, 2014

Arkansas Unemployment Rate Drops To 6.2 Percent, Lowest In 5 Years

State officials say Arkansas' unemployment rate has dropped to its lowest rate in more than five years.

The Arkansas Department of Workforce Services says the state's unemployment rate dropped two-tenths of a percentage point in June to 6.2 percent.

According to the department, the jobless rate is the lowest Arkansas has seen since November 2008. The agency says four industry sectors posted job losses in June, with the biggest drop coming in state and local government.