Business activity was severely affected by the pandemic last year across most areas of the economic spectrum, from the largest corporations to small businesses and individual wage earners. In spite of the challenges created by the pandemic, the Arkansas Economic Development Commission signed incentive agreements for 48 projects that will create or preserve 2,917 jobs in the state. The average wage of those jobs is $22.10 an hour.
Weekly Updates
Revenue Forecast Revised Upward
State government will collect more in tax revenue this year than previously estimated, according to a revised forecast by the Department of Finance and Administration.
Legislative Action Holds Down Workers' Comp Rates
The market for workers’ compensation insurance remains competitive in Arkansas, thanks to efforts by the legislature to hold down rates.
Legislature Draws New Congressional District Boundaries
In an extension of this year’s regular session the legislature drew new boundaries for the four Congressional districts in Arkansas, and approved exemptions for workers at companies that require staff to be vaccinated against the Covid-19 virus.
Legislature Convenes to Draw New Boundaries For Congressional Districts
The legislature reconvened to draw new boundaries for the four Congressional districts in Arkansas, and to consider responses to federal vaccination mandates.
State Legislature Reconvenes to Draw New Congressional District Boundaries
The Senate and House Committees on State Agencies and Governmental Affairs are reviewing bills to draw new geographic boundaries for the four Congressional Districts in Arkansas.
State Colleges and Universities Report Fall Semester Enrollment
Enrollment has dropped at many state-supported colleges and universities because of disruptions caused by the coronavirus pandemic.
Legislature to Redraw Congressional Districts
The legislature is preparing to convene again on September 29, to redraw boundaries of the four Congressional districts in Arkansas.
Legislators Support Expansion of Broadband Networks
Arkansas legislators continue to support a statewide expansion of broadband service as quickly as possible, especially in areas where there is no Internet at all and in places where the technology is obsolete.
Federal Appeals Court has ruled in favor of the state Education Department
A federal appeals court has ruled in favor of the state Education Department, and against four south Arkansas school districts that want to be exempt from the state school choice law.