J.B. Hunt announced its first quarter 2022 earnings and revenue increases on Monday April 18. The company’s Q1 2022 earnings increased 65.9 percent from first quarter of 2021. Earning expectations at J.B. Hunt were $1.94 per share, and revenue expectations…
Economy
- April 2022MagazineOpinionTransportation
Investing in AAM: Sky-High Possibilities for Economic Growth
by Chad Causeyby Chad CauseyFinding new ways to move people and cargo safely, efficiently and affordably is not a simple task. But advanced air mobility, commonly known as AAM, is expected to help ease the burden. Right now, Arkansas — like the rest of…
- EconomicsMagazineManufacturingMarch 2022OpinionSponsored
Economic Development in Arkansas: Reaching New Heights
by Mike Prestonby Mike PrestonAcross the great state of Arkansas, businesses are producing goods and services that are helping to drive the global economy. Arkansas produces materials for the aerospace industry, parts for the automotive industry, food products, ammunition, timber and much more. Arkansas’…
- AMP NewsBusinessEconomicsGovernmentIndustriesNewsmakersPeoplePolitics
Hutchinson Calls for 3 Days of Prayer for Ukraine, Review of Arkansas Ties to Russia
by AMP Staffby AMP StaffGovernor Asa Hutchinson declared his unambiguous condemnation of Russia’s invasion of Ukraine on Monday, with a directive to determine whether Arkansas has business contracts with Russia and a call for “Special Days of Prayer for Ukraine.” In a letter to…
- AMP NewsBusiness & FinanceEconomicsGovernment/LawIndustriesNewsmakersPolitics
Arkansas Governor Applauds Historic Tax Reduction Bill
by AMP Staffby AMP StaffThe Arkansas General Assembly adjourned its 2nd Extraordinary Session Thursday morning. Since convening Tuesday, Dec. 7, legislators passed eight bills, including identical House and Senate versions (SB1) and (HB1001) of a tax cut measure that will reduce the top personal…
- AMP NewsBusiness servicesEntrepreneurshipIndustriesNonprofitSmall business
Think Tank Grades Entrepreneurial Ecosystems in Arkansas, Heartland States
by AMP Staffby AMP StaffHeartland Forward recently released a new report titled, “America’s Entrepreneurial States: Supporting Entrepreneurs to Help Drive the Economy,” which analyzes the entrepreneurial ecosystems of each state and places them within a new State Entrepreneurial Index. The report lays out recommendations…
- AMP NewsBusinessEconomicsGovernmentIndustriesRetail/restaurants
National Retail Federation Predicts Highest Holiday Retail Sales on Record
by AMP Staffby AMP StaffHoliday spending has the potential to shatter previous records, as the National Retail Federation on Wednesday forecast that holiday sales during November and December will grow between 8.5 percent and 10.5 percent over 2020, to between $843.4 billion and $859…
- AMP NewsBusiness & FinanceEconomicsFinance & BankingGovernmentIndustriesNewsmakersPoliticsTourismVote
Voters Reject Little Rock Sales Tax Initiative in Tuesday’s Special Election
by AMP Staffby AMP StaffThe results of Tuesday’s special election show that Little Rock voters have rejected Mayor Frank Scott, Jr.’s “Rebuild the Rock” sales tax initiative. Early voting for the “Rebuild the Rock” sales tax initiative began Sept. 7 and ended Tuesday Sept.…
After a devastating economic drop in 2020, one economist is optimistic about the economy’s progression during the COVID-19 pandemic. The National Retail Federation’s chief economist, Jack Kleinhenz, wrote that the economy has “come a long way compared to a year…
- EducationEnergyFebruary 2021Magazine
High Voltage Economy: Q&A with Dr. Alan Mantooth, University of Arkansas
A resilient, robust and reliable power supply is vital to our nation’s quality of life and to our national security. In fact, the U.S. government classifies the electric power grid as critical infrastructure, and we’ll rely on it even more as…