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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  • June 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 April May June April June
Benton 98.15 100.95 100.3 2.8 -0.65
Bentonville 106.82 107.24 107.02 0.42 -0.22
Conway 96.72 98.68 97.41 1.96 -1.27
El Dorado 97.57 97.03 96.98 -0.54 -0.05
Fayetteville 102.37 102.52 101.52 0.15 -1
Fort Smith 94.64 97.3 98.93 2.66 1.63
Hot Springs 100.54 101.09 99.55 0.55 -1.54
Jonesboro 96.36 98.72 99.2 2.36 0.48
Little Rock 89.52 92.56 88.83 3.04 -3.73
Mountain Home 99.9 101.15 100.87 1.25 -0.28
North Little Rock 101.89 104.17 102.34 2.28 -1.83
Paragould 95.73 96.54 96.58 0.81 0.04
Pine Bluff 91.77 93.42 92.86 1.65 -0.56
Rogers 101.67 104.78 106.56 3.11 1.78
Russellville 96.2 97.01 96.95 0.81 -0.06
Searcy 97.31 97.83 97.89 0.52 0.06
Springdale 102.37 101.06 101.72 -1.31 0.66
Texarkana 93.85 95.37 95.09 1.52 -0.28
Van Buren 96.87 97.43 96.32 0.56 -1.11
West Memphis 95.96 97.04 96.89 1.08 -0.15

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 April May June
Benton 101.43 101.03 99.8 -3.71 -0.26 0.27
Bentonville 107.63 106.55 107.03 0.86 0.4 0.17
Conway 100.18 99.38 97.6 -3.31 -0.87 -1.15
El Dorado 99.19 99.95 97.19 -5.62 -2.4 -0.25
Fayetteville 103.2 101.69 102.14 1.49 0.61 -0.76
Fort Smith 99.06 97.71 96.96 -3.2 -0.92 1.86
Hot Springs 101.2 101.28 100.39 -0.65 -0.66 -1.34
Jonesboro 99.14 99.41 98.09 -3.88 -0.91 0.84
Little Rock 90.06 90.02 90.3 -0.85 2.97 -1.26
Mountain Home 101.75 101.39 100.64 -2.27 0.11 -0.08
North Little Rock 104.01 102.52 102.8 -1.26 1.68 0.42
Paragould 98.19 98.39 96.28 -2.72 -2.23 -1.38
Pine Bluff 94.3 94.44 92.68 -3.21 -1.4 -0.67
Rogers 104.77 105.55 104.34 -3.18 0.61 -1.08
Russellville 99.03 98.37 96.72 -2.12 -1.86 -0.98
Searcy 99.08 98.31 97.68 -1.13 -0.56 -0.2
Springdale 101.44 101.17 101.72 0.93 -0.07 0.78
Texarkana 96.43 96.25 94.77 -3.09 -1.45 0.09
Van Buren 97.68 98.51 96.87 -2.84 -1.09 -0.98
West Memphis 98.76 98.07 96.63 -3.49 -1.51 0.69

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 June 15 May 16 June 16
Benton 101.57 101.83 101.45 -1.49 -0.68 -0.29
Bentonville 109.24 109.05 108.41 -2.8 -1.17 -0.33
Conway 100.44 99.79 99.52 -0.54 0.46 -1.71
El Dorado 99.22 98.89 98.89 -1.52 -2.08 -0.6
Fayetteville 103.33 103.16 102.79 -0.8 -0.72 -1.45
Fort Smith 97.47 98.41 97.95 -0.96 0.28 0.78
Hot Springs 101.12 101.46 100.92 -1.12 -0.12 -1.46
Jonesboro 102.07 100.95 98.96 -1.35 0.47 -0.38
Little Rock 92.32 93.18 91.26 -1.86 -1.59 -2.43
Mountain Home 101.36 101.58 101.45 -1.17 -0.64 0.03
North Little Rock 104.13 103.28 103.22 -1.51 -0.27 -1.08
Paragould 97.54 97.91 98.01 -3.03 -2.16 0.53
Pine Bluff 93.68 93.46 94.13 0.58 -1.12 -0.91
Rogers 105.09 105 104.42 -2.51 0.23 2.44
Russellville 99.84 98.74 98.85 -2.43 -2.09 -0.51
Searcy 99.11 98.53 98.96 -0.24 -1.14 -0.73
Springdale 101.82 101.98 102.02 -0.53 -1.43 -1.44
Texarkana 97.1 96.04 96.27 -0.81 -1.21 -0.25
Van Buren 98.73 98.97 97.91 -1.68 -1.06 -1.25
West Memphis 97.76 97.01 97.85 1.83 -1.25 -2.14
NOTE: Each month when new data is available, we rerun the ATBI model. Therefore, in general we should not expect the May reading in this June ATBI release to exactly match the May reading in the May ATBI. While the underlying data for May has not changed, the baseline has shifted, and therefore the May 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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