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.

 
  • April 2015
  • 1st Quarter 2015
  • Year 2014

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 February March April March April
Bentonville 105.05 106.03 103.54 0.98 -2.49
Conway 102.31 103.69 105.42 1.38 1.73
El Dorado 96.81 95.58 95.76 -1.23 0.18
Fayetteville 104.45 104.57 105.25 0.12 0.68
Fort Smith 104.38 111.25 105.96 6.87 -5.29
Hot Springs 101.29 101.28 101.54 -0.01 0.26
Jonesboro 99.74 100.01 100.53 0.27 0.52
Little Rock 94.02 96.3 94.74 2.28 -1.56
North Little Rock 96.69 96.13 95.37 -0.56 -0.76
Pine Bluff 93.78 94.35 93.03 0.57 -1.32
Rogers 103.76 103.59 99.65 -0.17 -3.94
Russellville 99.53 99.2 99.02 -0.33 -0.18
Searcy 99.06 98.38 98.12 -0.68 -0.26
Springdale 104.24 103.72 103.99 -0.52 0.27
Texarkana 96.29 96.45 96.35 0.16 -0.1
Van Buren 99.9 99.86 99.39 -0.04 -0.47
West Memphis 95.84 96.37 95.64 0.53 -0.73
Mountain Home 100.3 100.04 99.4 -0.26 -0.64

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 February March April
Bentonville 105.19 105.38 105.86 0.37 -0.79 -2.97
Conway 103.75 102.91 102.5 -1.34 1.07 3.93
El Dorado 95.32 95.97 96.28 -0.23 0.73 -0.7
Fayetteville 106.07 107.2 104.64 -2.44 -4.31 0.36
Fort Smith 106.09 107.14 107.54 -1.19 2.58 -1.02
Hot Springs 100.82 101.5 101.37 0.14 -0.9 -0.01
Jonesboro 101.78 101.59 99.79 -1.67 -2.31 0.92
Little Rock 95.67 95.29 95.26 -1.35 0.78 -0.73
North Little Rock 95.73 96.41 96.49 0.5 -0.46 -1.27
Pine Bluff 92.79 94.56 94.45 -0.55 -0.69 -2.19
Rogers 101.86 105.3 103.79 -0.41 -2.42 -4.38
Russellville 98.02 100.02 99.61 -0.41 -0.78 -1.08
Searcy 99.03 99.18 98.83 -0.5 -0.38 -0.92
Springdale 103.92 103.96 104.29 0.79 -0.95 -0.91
Texarkana 95.5 97.33 96.5 -3.07 -0.3 -0.42
Van Buren 100.49 100.8 100.14 -0.74 -0.78 -1.26
West Memphis 95.5 96.18 96.33 -0.67 -0.34 -1.14
Mountain Home 99.49 100.23 100.35 -0.25 0.4 -1.32

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 2012 2013 2014 April 14 March 15 April 15
Bentonville 106.78 106.86 105.74 -3.82 0.04 -1.44
Conway 103.54 103.43 103.05 -1.27 0.58 3.23
El Dorado 96.5 96.36 95.77 1.7 -0.64 -0.41
Fayetteville 105.81 106.14 106.18 0.92 -2.02 -0.12
Fort Smith 105.53 105.73 106.41 2.46 3.72 0.43
Hot Springs 101.57 101.04 101.48 -0.2 -0.91 0.83
Jonesboro 101.78 101.77 101.63 0.14 -1.11 -1.07
Little Rock 92.97 94.14 95.82 3.5 -0.21 -1.25
North Little Rock 97.13 96.62 96.47 0.76 -0.62 -1.28
Pine Bluff 93.83 93.64 93.32 -2.86 1.14 0.25
Rogers 105.26 105.62 104.67 0.84 -3.46 -6.17
Russellville 99.98 99.96 99.03 -0.61 1.21 -0.14
Searcy 99.56 99.65 99.08 -1.87 -0.04 -0.13
Springdale 104 103.96 104.32 1.27 -1.47 -0.23
Texarkana 98.14 97.38 96.13 -0.5 0.4 1.3
Van Buren 99.02 99.46 100.52 1.23 -0.83 -0.89
West Memphis 96.52 96.52 95.78 -1.18 0.96 1.37
Mountain Home 100.14 99.68 99.98 0.59 0.05 -1.24
NOTE: Each month when new data is available, we rerun the ATBI model. Therefore, in general we should not expect the April reading in this May ATBI release to exactly match the April reading in the April ATBI. While the underlying data for April has not changed, the baseline has shifted, and therefore the April index values have changed.
 
Marc Fusrao, Ph.D.
Marc Fusaro, Ph.D.
Associate Professor of Economics

1st Quarter Insights

Fort Smith issued a permit for a $22 million, 8000 square foot building – the Arkansas College of Osteopathic Medicine.  This pushed their commercial permit component index up to 134.22 which in turn pulled the Construction Permit sector index up to 114.88.  In addition, the strong retail sales pushed the oft strong Fort Smith retail sales sector index up to 123.49.  With all of this activity, Fort Smith had an exceptionally strong March reading of 111.84 to lead the index again.

 

Other highlights include, increases for Little Rock and Conway to end the first quarter.  In Conway the housing sector index moved from 101.21 in December to 110.32 in March with an increase from $140,000 to $180,000.  In Little Rock, $28 million dollars-worth of construction permits brought their construction sector index up to 116.91.

 

Column Definitions of Full Data Set
Download Full Data Set
Documentation

Contact us at ATBI@atu.edu

 


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