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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  • August 2016
  • 2nd Quarter 2016
  • 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 June July August July August
Benton
100.65
99.92
102.11
-0.73
2.19
Bentonville
107.22
109.7
110.55
2.48
0.85
Conway
97.5
98.61
98.15
1.11
-0.46
El Dorado
97.29
97.25
96.81
-0.04
-0.44
Fayetteville
101.52
101.66
102.99
0.14
1.33
Fort Smith
98.77
98.4
99.71
-0.37
1.31
Hot Springs
99.81
100.23
99.68
0.42
-0.55
Jonesboro
99.33
98.43
97.64
-0.9
-0.79
Little Rock
89.14
88.17
89.77
-0.97
1.6
Mountain Home
100.82
100.3
100.06
-0.52
-0.24
North Little Rock
102.6
101.81
100.94
-0.79
-0.87
Paragould
96.67
96.52
96.56
-0.15
0.04
Pine Bluff
92.94
94.01
92.44
1.07
-1.57
Rogers
106.6
104.22
103.88
-2.38
-0.34
Russellville
97.06
98.66
97.46
1.6
-1.2
Searcy
98.02
98.85
99.09
0.83
0.24
Springdale
101.71
101.35
101.96
-0.36
0.61
Texarkana
95
95.13
94.35
0.13
-0.78
Van Buren
96.54
97.82
96.32
1.28
-1.5
West Memphis
97.06
97.1
95.19
0.04
-1.91

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
Benton
101.65
101.27
100.12
0.34
1.47
0.85
Bentonville
107.7
106.65
107.17
0.23
2.82
3.13
Conway
100.21
99.41
97.69
-1.17
1.87
-0.67
El Dorado
99.35
100.07
97.47
-0.16
-0.55
-0.51
Fayetteville
103.22
101.73
102.17
-0.82
-0.74
0.4
Fort Smith
98.96
97.63
96.89
1.76
3.83
2.39
Hot Springs
101.31
101.38
100.58
-1.22
-0.44
-1.58
Jonesboro
99.26
99.5
98.27
0.8
1.88
-1.3
Little Rock
90.44
90.39
90.73
-1.36
-1.8
-3.31
Mountain Home
101.64
101.29
100.59
-0.06
0.46
-1.06
North Little Rock
104.16
102.7
103.06
0.47
-0.3
-3.52
Paragould
98.22
98.45
96.38
-1.37
0.71
-0.1
Pine Bluff
94.37
94.52
92.8
-0.7
2.11
-1.11
Rogers
104.79
105.57
104.36
-1.05
2.56
-0.93
Russellville
99.04
98.41
96.82
-0.95
2.35
0.36
Searcy
99.18
98.41
97.82
-0.22
1.4
1.1
Springdale
101.44
101.19
101.7
0.73
-0.92
0.84
Texarkana
96.46
96.3
94.81
-0.11
1.2
-1.15
Van Buren
97.77
98.59
97.07
-0.89
0.76
-1.29
West Memphis
98.88
98.18
96.81
0.67
0.96
-2.03

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 August 15 July 16 August 16
Benton
101.89
102.11
101.72
4
-1.93
-1.55
Bentonville
109.33
109.14
108.51
0.51
2.09
1.84
Conway
100.42
99.79
99.54
0.2
-0.6
0.49
El Dorado
99.32
99.03
99.07
3.32
-1.85
-1.22
Fayetteville
103.33
103.18
102.82
-0.66
-0.83
1.15
Fort Smith
97.35
98.33
97.88
0.28
1.45
3.45
Hot Springs
101.18
101.53
101.03
2.39
-0.5
-0.87
Jonesboro
102.19
101.09
99.08
1.1
0.25
-1.41
Little Rock
92.61
93.47
91.64
-3.59
-4.28
-0.97
Mountain Home
101.23
101.47
101.36
3.02
-0.8
-0.99
North Little Rock
104.27
103.44
103.4
3.02
-3.5
-1.49
Paragould
97.56
97.95
98.06
3.88
-0.87
-1.75
Pine Bluff
93.67
93.48
94.18
2.59
-1.18
-0.18
Rogers
105.15
105.04
104.44
3.35
0.63
-0.01
Russellville
99.83
98.71
98.87
2.68
-0.29
-0.62
Searcy
99.16
98.61
99.05
2.69
0.55
0.12
Springdale
101.78
101.99
102.03
2.88
-1.95
-1
Texarkana
97.11
96.08
96.32
1.54
-0.58
-0.61
Van Buren
98.79
99.05
98.02
0.79
0.33
-1.47
West Memphis
97.85
97.13
97.97
2.84
0.12
-1.2
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 May reading in the July ATBI. While the underlying data for July has not changed, the baseline has shifted, and therefore the July index values have changed.

1st Quarter Insights

March was a challenging month for the Arkansas economy. While there were some bright spots, such as housing (2734 units sold statewide with an average sale price of $163,285), residential construction permits ($71 million), and an unemployment rate of 4%, the overall index values were down for the quarter. Every city had a lower index in March compared to December and 12 of the 19 cities had index values below 100 for the first quarter.

On top of the index for the quarter is Rogers being helped by a strong March. Rogers had a 106.85 for the quarter and a 109.06 for March. Rogers was one of only two cities that increased from February to March with a rise of 3.63 points. Rogers was above par in all four sectors and above 110 in three of the four. Their weakest sector was labor, at 102.39 because their labor force grew by only about 100 workers. Their strongest component was eight commercial construction permits totaling $22.6 million over half of which is the Primrose Retirement Community totaling $12.9 million. All of this adds up to a commercial construction component index of 119.5.

Hardest hit for the quarter was Fort Smith with a decline of 3.97 points falling from 105.05 in December to 101.08 in March. Fort Smith’s best sector was most responsible for its decline. Retail was a huge 131 in the strength fo the holiday shopping in December but fell to a still large 119 in March. Construction and Labor also contributed to the decline as commercial construction permits fell from $53.6 million in the fourth quarter to$1.9 million in the first quarter.


 

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Contact us at ATBI@atu.edu

 


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