Economy

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…

Finding 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…

Across 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’…

Governor 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…

The 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…

Heartland 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…

Holiday 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…

The 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…

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…