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 18 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, Sarah Noel, was the winner of said scholarship for Spring 2015, and will be a December 2015 graduate of the business data analytics program at Arkansas Tech University, College of Business.

 
  • January 2015
  • 4th Quarter 2014
  • 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 November December January December January
Bentonville 103.69 105.63 105.25 1.94 -0.38
Conway 103.53 102.64 101.42 -0.89 -1.22
El Dorado 96.99 94.79 96.4 -2.2 1.61
Fayetteville 106.24 108.25 103.82 2.01 -4.43
Fort Smith 105.88 109.15 107.19 3.27 -1.96
Hot Springs 101.17 102.12 101.56 0.95 -0.56
Jonesboro 101.17 102.2 99.37 1.03 -2.83
Little Rock 95.97 96.12 96.33 0.15 0.21
North Little Rock 96.46 96.68 96.88 0.22 0.2
Pine Bluff 94.58 95.21 95.32 0.63 0.11
Rogers 103.61 105.32 103.4 1.71 -1.92
Russellville 99.76 99.88 99.87 0.12 -0.01
Searcy 99.52 98.86 98.9 -0.66 0.04
Springdale 103.33 104.59 104.56 1.26 -0.03
Texarkana 98.55 96.77 97.48 -1.78 0.71
Van Buren 100.59 100.72 100.48 0.13 -0.24
West Memphis 96.35 96.56 96.65 0.21 0.09
Mountain Home 100.17 99.4 100.36 -0.77 0.96

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
Bentonville 104.62 104.08 104.34 0.05 1.05 1.56
Conway 102.92 103.92 102.88 2.77 -3.64 -1.04
El Dorado 95.64 95.32 95.92 3.39 -1.34 0.43
Fayetteville 104.38 105.41 106.51 -0.21 2.66 -1.22
Fort Smith 107.69 106.7 107.48 -0.47 2.68 -0.23
Hot Springs 101.06 100.82 101.48 2.14 1.36 0.4
Jonesboro 101.41 101.62 101.38 0.73 0.48 -1.4
Little Rock 96.23 96.27 95.97 -2.56 0.85 0.51
North Little Rock 97.2 96.08 96.63 1.4 -0.11 0.14
Pine Bluff 93.12 93.05 94.78 2.84 1.71 0.78
Rogers 104.54 101.35 104.62 3.99 3.56 -1.53
Russellville 99.06 98.01 99.85 2.75 1.56 -0.03
Searcy 99.31 99.02 99.21 2.01 -1.11 -0.36
Springdale 104.4 103.95 103.81 -0.64 1.32 1.06
Texarkana 95.33 95.52 97.13 4.48 1.3 1.4
Van Buren 100.16 100.49 100.79 0.56 0.29 -0.57
West Memphis 95.65 95.34 96.03 2.84 0.37 1.46
Mountain Home 100.07 99.36 99.94 2.12 -0.74 0.11

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 12 Months Prior
City 2011 2012 2013 December 13 November 14 December 14
Bentonville 105.81 105.94 104.69 -0.89 0.8 -1.28
Conway 103.51 103.46 103.11 -1.04 -2.58 -1.26
El Dorado 96.57 96.45 95.72 -0.27 -2.93 0.53
Fayetteville 105.13 105.41 105.44 -0.15 2.12 -1.79
Fort Smith 105.94 106.28 106.91 0.83 2.56 3.28
Hot Springs 101.5 101.04 101.42 2.78 0.65 -1.46
Jonesboro 101.53 101.55 101.42 0.04 -0.87 -1.41
Little Rock 93.57 94.79 96.47 0.84 -1.76 -1.48
North Little Rock 97.26 96.89 96.75 -1.35 -1.36 -0.76
Pine Bluff 94 93.84 93.52 -2.2 -0.2 2.59
Rogers 104.85 105.04 104.05 0.34 -0.72 -2.35
Russellville 99.79 99.81 98.92 -0.87 1.09 1.28
Searcy 99.5 99.64 99.04 -1.36 -1.03 0.1
Springdale 104.04 103.96 104.21 0.23 0.14 -0.24
Texarkana 97.24 96.93 96.1 -1.95 0.68 2.73
Van Buren 98.94 99.52 100.49 1.17 2.12 0.11
West Memphis 96.38 96.4 95.63 -1.73 -1.31 1.32
Mountain Home 99.89 99.5 99.75 0.15 -0.32 0.63
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 Janurary 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

In December, Fort Smith has retaken the lead in the ATBI from Fayetteville and solidified its lead for 2014. The December strength, as usual, is the result of a strong retail sector which had an index of 124.29. Their return to the lead made them the top gainer for the month and the year, but Fayetteville was a close second advancer in the December to December period with an increase of 2.11 points, and a third place gainer for the month with 1.93. The second largest advancer from November to December was Bentonville with a 2.12 point increase to end at 105.34. Bentonville’s strength was led by the construction sector, with an index value of 118.02, up over 22 points from November. Both retail and commercial construction permits were strong with $12 and $14 million respectively in Bentonville. The only other city with a gain over one point was Springdale (1.30).

 

 

Column Definitions of Full Data Set
Download Full Data Set
Documentation

Contact us at ATBI@atu.edu

 


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