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.

 
  • January 2016
  • 4th Quarter 2015
  • Year 2015

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 November December January December January
Benton 102.44 106.23 104.28 3.79 -1.95
Bentonville 106.59 107.78 107.98 1.19 0.2
Conway 102.62 102.71 102.54 0.09 -0.17
El Dorado 96.23 96.35 99.78 0.12 3.43
Fayetteville 106.17 107.36 102.5 1.19 -4.86
Fort Smith 102.31 105.87 101.34 3.56 -4.53
Hot Springs 100.38 100.9 99.65 0.52 -1.25
Jonesboro 97.67 97.2 98.01 -0.47 0.81
Little Rock 95.14 97.24 99.92 2.1 2.68
Mountain Home 100.85 100.4 100.38 -0.45 -0.02
North Little Rock 97.09 97.73 99.95 0.64 2.22
Pine Bluff 93.49 94.36 93.93 0.87 -0.43
Rogers 105.75 108.61 109.68 2.86 1.07
Russellville 99.34 98.91 98.35 -0.43 -0.56
Searcy 97.73 98.02 100.86 0.29 2.84
Springdale 105 104.62 103.04 -0.38 -1.58
Texarkana 96.78 97.31 96.98 0.53 -0.33
Van Buren 99.13 98.7 103.09 -0.43 4.39
West Memphis 97.31 97.8 97.06 0.49 -0.74

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 2 Quarter 3 Quarter 4 November December January
Benton 103.39 104.63 103.86 -4.13 3.09 1.38
Bentonville 106.91 107.5 106.84 -1.02 -1.62 1.84
Conway 101.88 101.06 101.88 2.95 1.42 2.22
El Dorado 95.61 96.04 95.9 1.19 -0.15 4.65
Fayetteville 105.74 105.6 106.46 1.14 1.42 -3.35
Fort Smith 102.56 101.13 103.86 1.19 5.76 -2.07
Hot Springs 100.23 99.9 100.19 0.6 1.18 0.37
Jonesboro 97.36 96.85 97.22 0.77 0.51 1.23
Little Rock 96.82 96.28 95.82 -0.42 0.21 4.83
Mountain Home 99.79 100.29 100.19 0.82 -0.06 1.06
North Little Rock 96.35 96.53 97.54 1.6 1.41 2.16
Pine Bluff 92.92 92.82 93.23 1.67 2.08 2.1
Rogers 105.15 106.02 106.11 0.29 0.59 5.71
Russellville 98.05 98.66 98.67 1.56 -0.17 0.6
Searcy 97.65 97.17 97.57 0.31 1.26 3.89
Springdale 104.57 105.53 104.67 -1.11 0.77 -1.34
Texarkana 96.65 96.29 96.66 1.56 0.31 1.09
Van Buren 98.44 98.41 98.42 0.8 0.38 5.67
West Memphis 97.01 96.12 97.12 1.96 1.02 0.8

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 2013 2014 2015 January 15 December 15 January 16
Benton 103.8 104.09 104 -0.6 1.97 -0.15
Bentonville 109.12 108.02 107.27 -0.93 -0.81 0.06
Conway 102.77 101.83 101.65 -1 1.61 1.23
El Dorado 96.98 96.39 96.12 -0.2 0.54 2.28
Fayetteville 106.79 106.38 105.81 -0.95 -1.15 -3.45
Fort Smith 102.22 103.06 102.96 2.69 1.55 -3.55
Hot Springs 100.71 100.81 100.25 -1.86 -0.33 -1.65
Jonesboro 99.85 99.13 97.29 -1.59 -2.69 0.18
Little Rock 97.42 98.31 96.51 -1.59 -0.69 3.68
Mountain Home 100.31 100.3 100.23 0.23 0.45 -0.97
North Little Rock 97.62 96.96 96.74 -1.16 0.83 3.79
Pine Bluff 93.28 92.81 93.27 1.91 -0.13 -0.94
Rogers 107.76 106.82 105.74 -1.96 0.43 4.27
Russellville 99.56 98.4 98.62 0.65 -0.35 -1.65
Searcy 98.32 97.3 97.67 1.3 0.11 2.05
Springdale 104.75 104.8 104.92 0.05 -0.07 -2.7
Texarkana 98.09 96.61 96.49 -2.02 0.25 2.17
Van Buren 99.53 99.84 98.67 -0.68 -1.06 2.79
West Memphis 96.79 95.76 96.75 1.03 1.51 -0.51
NOTE: Each month when new data is available, we rerun the ATBI model. Therefore, in general we should not expect the December reading in this January ATBI release to exactly match the December reading in the December ATBI. While the underlying data for December has not changed, the baseline has shifted, and therefore the December index values have changed.
 
Marc Fusrao, Ph.D.
Marc Fusaro, Ph.D.
Associate Professor of Economics

4th Quarter Insights

 

December data arrives with a new leader for the ATBI.  Rogers topped the index the a rating of 108.6 which is an increase of 2.92 (second highest) from November.  This number embodies strength across the board.  Their retail sector showed strength at 116.84 on sales of $3.4 million; the housing market showed strength at 112.90 on 483 home unit sales; and labor market showed strength on an unemployment rate of 3.2%.  Even the weakest sector for Rogers was showing strength in December where construction showing an index value of 97.55 was lowered less on weakness in the raw date and more in comparison to the other four stronger sectors. 

 

Fort Smith showed the largest gain ending the year at 106.18.  This is 3.81 higher than their November reading and 5.92 points higher than their third quarter ending value (September).  This lions share of this increase comes from a strong retail month at $4.3 million which is up from $3.5 million in November and up from $2.5 million in September. 

 

Other notable movements to end the year were made by Conway and West Memphis which ended the year with the top two increases over December 2014.  Conway ended the year 1.89 points above December 2014 and west Memphis was 1.54 points up for the same period.  In Conway this movement is due to improvements in the home prices and commercial construction components. In West Memphis, the improvement is primarily due to a rise in the unemployment component index from 71 to 99 on a drop in the unemployment rate from 7.9% to 5.2%.


 

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Contact us at ATBI@atu.edu

 


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