Arkansas Tech College of Business
Arkansas Tech College of Business Sponsored by Arvest

The ATBI shows the level of economic activity at a monthly level for each of 16 select Arkansas cities. Higher readings indicate stronger economic performance relative to lower readings. The index is based around 100. A city reading above 100 indicates that the city is currently doing better than the state average from 2009 to the present. Many cities above 100 indicate overall strong statewide performance relative to the recent past. The Index is a compilation of labor market data, real estate data, construction data, and retail sales. These four component indices are available for each city by clicking on the city name. We strive to collect and communicate data in a way that allows you to analyze statewide performance. The full ATBI database is available for download below.

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The ATBI was developed, as a student project, funded by the LeMoyne and Selma Smith Research Scholarship, under the direction of Dr. Marc Anthony Fusaro. The student, Jacob Brown, was the winner of said scholarship for both semesters in 2013, and is a May 2014 graduate of the economics and finance program at Arkansas Tech University, College of Business.

 
  • August 2014
  • 2nd Quarter 2014
  • Year 2013

ATBI Infographic - Data available by download Springdale Fayetteville Fort Smith Russellville Searcy North Little Rock Little Rock Pine Bluff El Dorado Hot Springs Texarkana West Memphis Jonesboro Conway Van Buren Bentonville Rogers

 

  Arkansas Tech Business Index Value Change from Proceeding Months
City June July August July August
Bentonville 104.54 103.57 102.63 -0.97 -0.94
Conway 104.13 104.92 100.7 0.79 -4.22
El Dorado 95.55 95.53 92.16 -0.02 -3.37
Fayetteville 105.31 104.31 106.48 -1 2.17
Fort Smith 108.91 107.57 106.34 -1.34 -1.23
Hot Springs 101.76 102.08 98.02 0.32 -4.06
Jonesboro 101.58 103.32 100.33 1.74 -2.99
Little Rock 94.99 95.94 100.88 0.95 4.94
North Little Rock 96.44 95.71 94.18 -0.73 -1.53
Pine Bluff 92.69 93.09 90.97 0.4 -2.12
Rogers 104.23 101.83 98.72 -2.4 -3.11
Russellville 99.81 98.1 96.17 -1.71 -1.93
Searcy 104.38 103.29 100.9 -1.09 -2.39
Springdale 104.44 104.78 103.97 0.34 -0.81
Texarkana 94.81 95.24 92.89 0.43 -2.35
Van Buren 103.65 104.12 102.97 0.47 -1.15
West Memphis 95.96 95.63 92.14 -0.33 -3.49

ATBI Infographic - Data available by download Springdale Fayetteville Fort Smith Russellville Searcy North Little Rock Little Rock Pine Bluff El Dorado Hot Springs Texarkana West Memphis Jonesboro Conway Van Buren Bentonville Rogers

 

  Arkansas Tech Business Index Value Change from 3 Months Prior
City Quarter 4 Quarter 1 Quarter 2 June July August
Bentonville 105.26 105.9 104.19 -0.13 0.23 -2.07
Conway 103.3 102.8 103.06 1.1 2.56 -1.99
El Dorado 96.57 94.88 94.71 0.7 0.4 -1.28
Fayetteville 105.44 105.49 104.45 -0.47 -0.4 3.14
Fort Smith 106.13 105.76 107.93 0.77 1.23 -2.21
Hot Springs 100.36 101.73 100.45 0.34 2.15 -1.63
Jonesboro 102.44 101.13 101.54 0.95 2.03 -1.43
Little Rock 97.38 98.57 97.43 -3.22 -2.36 1.87
North Little Rock 96.29 96.45 96.43 0.44 -0.39 -2.57
Pine Bluff 92.95 92.15 92.34 0.35 1 -1.28
Rogers 105.18 105.38 104.24 -1.56 -2.67 -5.26
Russellville 98.14 97.92 98.31 2.68 0.05 -0.89
Searcy 103.38 102.03 102.86 2.69 1.64 -1.64
Springdale 104.5 104.82 104.53 -0.59 0.47 -0.87
Texarkana 95.15 94.56 93.8 -0.49 2.02 -0.47
Van Buren 102.26 103.34 103.12 0.11 1.17 0.2
West Memphis 95.87 94.39 94.75 1.98 2.67 -3.18

ATBI Infographic - Data available by download Springdale Fayetteville Fort Smith Russellville Searcy North Little Rock Little Rock Pine Bluff El Dorado Hot Springs Texarkana West Memphis Jonesboro Conway Van Buren Bentonville Rogers

 

  Arkansas Tech Business Index Value Change from 12 Months Prior
City 2011 2012 2013 August 13 July 14 August 14
Bentonville 107.29 106.21 106.33 0.87 -1.89 -4.09
Conway 103.56 103.48 103.45 -0.12 1.88 -2.43
El Dorado 95.74 95.57 95.61 -0.93 0.09 -2.74
Fayetteville 105.67 105.25 105.41 0.58 -2.15 1.21
Fort Smith 105.61 106.13 106.49 0.6 -2.15 -0.98
Hot Springs 100.62 100.93 100.4 -0.14 1.4 -3.12
Jonesboro 103.06 101.76 101.67 0.52 2.79 -2.37
Little Rock 92.39 93.85 95.51 1.77 2.21 8.11
North Little Rock 97.69 96.65 96.23 -0.67 0.44 -1.71
Pine Bluff 92.4 93.17 92.92 -1.68 1.85 -1.15
Rogers 105.7 104.67 104.71 -0.29 -1.45 -4.9
Russellville 99.78 99.07 99.04 2.58 -1.56 -5.45
Searcy 103.6 103.13 103.17 1.13 -0.04 -2.92
Springdale 104.87 104.23 104.25 -0.28 0.32 0.06
Texarkana 95.68 95.21 94.99 -1.81 -0.27 -0.33
Van Buren 101.68 101.87 102.38 0.4 1.89 0.59
West Memphis 94.76 95.45 95.47 2.33 0.75 -5.38
NOTE: Each month when new data is available, we rerun the ATBI model. Therefore, in general we should not expect the July reading in this August ATBI release to exactly match the July reading in the July ATBI. While the underlying data for July has not changed, the baseline has shifted, and therefore the Ju index values have changed.
 
Marc Fusrao, Ph.D.
Marc Fusaro, Ph.D.
Associate Professor of Economics

2nd Quarter Insights

Across the state we see a mixture of high and low ATBI readings. Ten cities boast CPI readings
above 100 while seven are below in the second quarter. The strength of Fort Smith which we
have been seeing in the monthly numbers has held up with a 108.76. Similarly, Van Buren
entered the ATBI with a first quarter reading above par: 102.92. In the March to June period
three cities showed strong growth near or above three points: Searcy rose from a hair above 100
to a strong 103.69 in June. Russellville rose from the mid nineties to a hair below 100 in June.
And West Memphis rose from the low-nineties to the mid-nineties.

Searcy maintained its usual strength in the labor and retail markets while seeing large gains in
home sales and commercial construction permits. June say over $1.7 million in commercial
building permits compared to March's $103 thousand. Russellville maintained its usual level in
labor markets and its strength in retail while its residential constructions permits doubled from
$140 thousand to $300 thousand and commercial permits shows strength at over $1 million in
June compared to none in March. The largest increase came in the housing market index which
rose from 88.61 in March to 106.96 in June. This is due to an almost 40% increase in home sales
coupled with an 80% increase in average sale price. West Memphis's decline in its labor index
was offset by steady retail coupled with a 60% increase in home sales and a 26% increase in
house prices.

 

Column Definitions of Full Data Set
Download Full Data Set
Documentation

Contact us at ATBI@atu.edu

 


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