Arkansas Tech College of Business
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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, Erica Franklin, is the winner of said scholarship for Summer & Fall 2014 and will be an August 2015 graduate of the business data analytics program at Arkansas Tech University, College of Business.

 
  • September 2014
  • 3rd 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 July August September August September
Bentonville 103.65 102.74 104.17 -0.91 1.43
Conway 104.92 100.62 106.4 -4.3 5.78
El Dorado 95.52 92.22 95.31 -3.3 3.09
Fayetteville 104.32 106.51 105.71 2.19 -0.8
Fort Smith 107.51 106.32 106.59 -1.19 0.27
Hot Springs 102.05 98 100.22 -4.05 2.22
Jonesboro 103.34 100.38 101.92 -2.96 1.54
Little Rock 95.9 100.77 96.56 4.87 -4.21
North Little Rock 95.57 94 95.83 -1.57 1.83
Pine Bluff 93.16 90.93 92.68 -2.23 1.75
Rogers 101.92 98.71 101.36 -3.21 2.65
Russellville 98.11 96.19 97.49 -1.92 1.3
Searcy 103.25 100.88 103.44 -2.37 2.56
Springdale 104.72 103.91 103.26 -0.81 -0.65
Texarkana 95.26 92.91 94.09 -2.35 1.18
Van Buren 104.09 102.97 103.34 -1.12 0.37
West Memphis 95.63 92.2 95.31 -3.43 3.11

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 1 Quarter 2 Quarter 3 July August September
Bentonville 105.92 104.19 103.52 0.31 -1.94 -0.38
Conway 102.77 103.09 103.98 2.58 -2.15 2.24
El Dorado 94.89 94.68 94.35 0.43 -1.21 -0.22
Fayetteville 105.49 104.43 105.51 -0.37 3.21 0.4
Fort Smith 105.72 107.87 106.81 1.25 -2.15 -2.28
Hot Springs 101.73 100.4 100.09 2.17 -1.59 -1.52
Jonesboro 101.17 101.56 101.88 2.01 -1.38 0.33
Little Rock 98.49 97.39 97.74 -2.3 1.73 1.63
North Little Rock 96.31 96.31 95.13 -0.34 -2.69 -0.5
Pine Bluff 92.2 92.34 92.26 1.09 -1.3 -0.05
Rogers 105.3 104.08 100.66 -2.48 -5.05 -2.71
Russellville 97.94 98.29 97.26 0.09 -0.87 -2.31
Searcy 101.99 102.8 102.52 1.65 -1.61 -0.88
Springdale 104.78 104.48 103.96 0.47 -0.92 -1.1
Texarkana 94.6 93.81 94.09 2.05 -0.48 -0.75
Van Buren 103.33 103.1 103.47 1.16 0.25 -0.3
West Memphis 94.4 94.73 94.38 2.69 -3.1 -0.63

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 September 13 August 14 September 14
Bentonville 107.29 106.22 106.33 -0.35 -4.03 -0.86
Conway 103.62 103.46 103.45 -0.65 -2.47 4.26
El Dorado 95.77 95.58 95.6 1.33 -2.64 -0.57
Fayetteville 105.67 105.25 105.42 -0.47 1.24 0.94
Fort Smith 105.66 106.13 106.51 2.63 -0.94 -2.66
Hot Springs 100.62 100.94 100.39 -0.87 -3.12 0.13
Jonesboro 103.11 101.8 101.7 1.08 -2.34 0.5
Little Rock 92.42 93.85 95.48 3.52 8.02 -0.08
North Little Rock 97.58 96.55 96.1 -1.23 -1.77 0.3
Pine Bluff 92.53 93.21 93 0.89 -1.26 -1.36
Rogers 105.52 104.58 104.64 2.63 -4.69 -4.75
Russellville 99.81 99.09 99.06 0.14 -5.48 -1.48
Searcy 103.61 103.11 103.14 0.25 -2.9 -0.22
Springdale 104.79 104.16 104.2 -0.04 0.08 -0.83
Texarkana 95.74 95.24 95.02 -0.78 -0.33 -1.24
Van Buren 101.73 101.88 102.4 3.44 0.62 -1.89
West Memphis 94.79 95.47 95.49 -0.51 -5.32 -0.33
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

3rd Quarter Insights

The central Arkansas economy was the standout in the third quarter, with June-to-September ATBI changes down across the state, Conway and Little Rock were the two largest growth rates across the state and two of four cities to be up. The other two were Jonesboro and Fayetteville which were each up less than one point.

The northwest Arkansas region showed some cracks in its dominance typical of the index. Fayetteville and Bentonville remained strong with a quarterly index readings of 105.51 and 103.52. Springdale survived some problems in construction to come in at 103.96. Rogers, though, dropped to a much more average reading of 100.66. The river valley remained strong with readings of 106.81 and 103.47 for Fort Smith and Van Buren.

Two other strong spots are Searcy and Jonesboro at 102.52 and 101.88. Despite weak permits data, Searcy looks strong in the other categories, especially retail and labor markets. Jonesboro, in contrast shows strength in housing market and construction permits.

 

Column Definitions of Full Data Set
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Contact us at ATBI@atu.edu

 


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