It's often said in these latitudes that Arkansas is a perennial 49th among states, a fable expressed by the adage, 'Thank God for Mississippi.' To accept this legend, one must ignore federal economic reports.
Consider employment, income and production metrics. The first is reported by the U.S. Bureau of Labor Statistics (BLS). The others by the Bureau of Economic Analysis (BEA).
The natural state of a market-based economy is expansion. Since the turn of the century, the U.S. economy has expanded 90 percent of the time, according to the National Bureau of Economic Research's business cycle chronology. In the last 15 years that percentage increases to 98.8 percent, with a brief, two-month recession in that 180-month period.
Arkansans benefit from a growing economy in expansion.
First,
Paywall
You've reached your article limit
Get unlimited access to the
Arkansas Democrat-Gazette
You can cancel anytime.
Unlimited Digital Access
$1 for 8 weeks
Unlimited digital access to the website, app, newsletters and WholeHogSports.com
More details
Your subscription includes SUBSCRIBER EXCLUSIVE content you can't get anywhere else, unlimited stories, a daily digital version of the printed paper and complete access to newsletters. Cancel anytime.
Most Popular
Unlimited Digital Access + iPad + Sunday Home Delivery
$39/month
Unlimited digital access with an iPad and Sunday home delivery
More details
Your subscription includes an iPad, SUBSCRIBER EXCLUSIVE content you can't get anywhere else, unlimited stories, Sunday print home delivery and complete access to newsletters. Cancel anytime.
Choose Plan
Unlimited Digital Access + iPad
$39/month
Unlimited digital access with an iPad
More details
Your subscription includes an iPad, SUBSCRIBER EXCLUSIVE content you can't get anywhere else, unlimited stories and complete access to newsletters. Cancel anytime.