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The Compass Report shows that Arkansas’ economy ‘remains in an expansion’ – Talk Business & Politics

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The Compass Report shows that Arkansas’ economy ‘remains in an expansion’ – Talk Business & Politics


Arkansas’ economy in the second quarter of 2024 continued to see substantial gains in non-farm employment and the construction sector, while manufacturing and hospitality faced employment declines.

According to The Compass Report for the second quarter of 2024 (April-June), Arkansas’ nonfarm employment showed robust growth, with the state gaining 10,000 jobs between April and June, bringing the total to 1,374,000 nonfarm jobs in June 2024, compared to 1,364,000 in June 2023.

Employment remained steady throughout the quarter, with 1,370,000 jobs in April and 1,369,000 in May. This consistent job market growth earned Arkansas an A+ rating for nonfarm employment expansion, with the state continuing to set employment records each quarter.

“Arkansas’ economy continues to add jobs, with growth in nonfarm payroll employment statewide and in all four regions. The economy remains in an expansion, not a recession but rising unemployment rates suggest labor force growth is outpacing jobs creation. Still, no region recorded an unemployment rate greater than 3.9 percent,” said economist Greg Kaza, executive director of the Arkansas Policy Foundation.

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However, the unemployment rate in Arkansas rose once again during the second quarter of 2024, following the upward trend from the first quarter. In June 2024, the unemployment rate stood at 3.3%, compared to 2.6% in June 2023.

“The rise in unemployment persisted throughout the quarter, with the rate increasing to 3.4% in April and May 2024. Despite the state’s job growth, the higher unemployment rate indicated continued challenges in the labor market, earning a D grade for the change in the unemployment rate,” according to analysis from The Compass Report.

The Compass Report is a partnership between the University of Arkansas at Fort Smith (UAFS) and Talk Business & Politics. First National Bank of Fort Smith is a sponsor of the statewide report. Kendall Ross, UAFS associate vice chancellor of Economic and Workforce Development, and Troy Rodriguez, a data analyst in the UAFS Center for Economic Development who helps compile, manage and review the data, are responsible for data collection and written analysis for the report.

Kaza also noted that the construction sector continues to be bright spot.

“Strong growth in the construction sector noted earlier this year continued in the quarter, with significant gains in the Fort Smith region, Northwest Arkansas and the central part of the state. Arkansas construction sector jobs have expanded 31 percent since the last recession ended in April 2020, the highest growth rate in the 12-state southeast region,” Kaza wrote in his analysis.

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Following are other Arkansas economy analysis from The Compass Report.
• June 2024 gross sales and use tax collections reached $358.615 million, up from $347.776 million in June 2023. Similarly, May 2024 collections rose to $357.365 million compared to $314.722 million in May 2023. April also increased to $360.013 million, up from $353.149 million in April 2023.

• Building permit valuations for housing in Arkansas presented a mixed picture during the second quarter. In April 2024, permit valuations jumped to $264.37 million from $191.07 million in April 2023, signaling robust construction activity. May 2024 showed a slight decline, with valuations falling to $246.073 million, compared to $248.99 million in May 2023. The downward trend continued into June, with valuations reaching $267.57 million, down from $306.216 million in June 2023.

• Manufacturing employment continued its downward trend throughout Q2 2024. In June 2024, Arkansas had 162,000 manufacturing jobs, down from 165,300 in June 2023.

• Employment in construction increased to 67,100 jobs in June 2024, up from 63,500 in June 2023. The sector consistently grew across the quarter, with 67,900 jobs in April and 67,600 in May 2024.

• Hospitality employment declined to 128,000 jobs in June 2024, down from 131,500 in June 2023. The industry also saw job losses in April and May 2024 compared to the same period in 2023.

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Link here for the full The Compass Report for the second quarter.



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Arkansas

Report Assesses Access to Primary Care in Arkansas – ACHI

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Report Assesses Access to Primary Care in Arkansas – ACHI


Arkansas has made significant investments to strengthen its primary care physician workforce over the past decade. New medical schools have opened in the state, residency program slots have increased, and loan forgiveness programs have been established to incentivize residency graduates to remain in the state to practice. Despite these efforts, access to a usual source of care (i.e., a place where one goes for routine healthcare needs) remains a challenge for many Arkansans, according to a new report.

Published February 12 by the Milbank Memorial Fund, the report, “Investing in Primary Care: The Missing Strategy in America’s Fight Against Chronic Disease,” evaluates states’ primary care performance. Among its findings is that 18% of Arkansas adults report not having a usual source of care, which is comparable to the national estimate of 17%. That means that nearly 1 in 5 Arkansans do not have a consistent way of interacting with the state’s healthcare system.

Access to a Usual Source of Care

Nationwide, the report finds that among adults with chronic disease, having a usual source of care is associated with lower odds of hospitalization and lower total spending on health care. These findings are particularly relevant for Arkansas, where chronic disease prevalence remains high. The most recent America’s Health Rankings report from the United Health Foundation ranked Arkansas 44th among all 50 states and the District Columbia for its percentage (15%) of adults with three or more chronic conditions — such as arthritis, diabetes, or cancer — in 2023, with the top-ranked state having the lowest percentage.

The Arkansas Primary Care Payment Improvement Working Group, established under Act 483 of 2025, is currently examining primary care investment in the state. The group, which includes a representative from ACHI, is tasked with measuring current primary care spending, evaluating the adequacy of the primary care delivery system, and recommending spending targets for Medicaid and commercial insurers. These efforts align with national recommendations to track and increase primary care investment, an issue we highlighted in a previous post.

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Arkansas’s Primary Care Workforce

The country’s primary care workforce supply is another focus of the Milbank report. The report estimates that Arkansas had 58 primary care physicians per 100,000 residents in 2023, below the national average of 68 per 100,000 residents. The Milbank report also finds that 29% of Arkansas physicians were working in primary care in 2023, compared to 27% nationally.

The state’s higher-than-average share of physicians choosing primary care is encouraging, but long-term retention and geographic distribution remain challenges. ACHI developed the Arkansas Primary Care Physician Workforce Dashboard, an interactive tool that allows users to view data on primary care physicians practicing in Arkansas. The dashboard — which uses a broader definition of “primary care physician” than the Milbank report’s — shows that per capita rates of primary care physicians vary widely between urban and rural counties, and that two counties, Montgomery and Newton, had no active full-time primary care physician in 2022. The dashboard also shows that 26% of fill-time primary care physicians in the state were 60 or older in 2022, raising concerns about future supply as many approach retirement.

The Milbank report finds that in communities with higher levels of social deprivation — measured by the social deprivation index, a composite indicator of socioeconomic hardship — primary care physician availability in Arkansas is lower on average than in similarly deprived communities nationwide. Given the high burden of chronic disease among Arkansans, this is a concerning finding.

Recommendations

States that invest in primary care, as highlighted in the Milbank report, experience downstream improvements in population health and lower healthcare costs. Arkansas has established the infrastructure to evaluate and potentially increase those investments. ACHI will continue to track physician supply, distribution, and access to help inform primary care policy discussions.

Find more information about Arkansas’s healthcare workforce on our topic page.

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Arkansas to honor Nolan Richardson with statue outside arena

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Arkansas to honor Nolan Richardson with statue outside arena


Former Arkansas coach Nolan Richardson, who led the Razorbacks to the 1994 national title, will be immortalized with a statue outside Bud Walton Arena, the school said Wednesday.

Richardson was on the court at halftime of No. 20 Arkansas’ 105-85 win over Texas in the team’s regular-season home finale Wednesday night when athletic director Hunter Yurachek surprised him and told him the school had commissioned a statue to commemorate his achievements.

Per the school’s announcement, work on the statue is set to begin soon.

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“Coach Richardson’s impact on the game of basketball and our state is immeasurable,” Yurachek said in a statement. “He represented Arkansas with a toughness and intense work ethic that endeared him to our fans while changing the lives of numerous athletes, coaches and staff under his direction. His ’40 minutes of Hell’ changed college basketball and led to the 1994 national championship that changed Arkansas and our university forever. Coach Richardson will stand tall outside the arena for the rest of time.”

Richardson coined the phrase “40 Minutes of Hell” in reference to the ferocious, full-court defense his Arkansas teams played during his tenure (1985-2002). Between Arkansas and his first Division I job at Tulsa, Richardson amassed 508 wins (389 with the Razorbacks), reached the Final Four three times and secured Arkansas’ only national title.

Richardson also was a member of the Texas Western (now UTEP) teams that preceded the school’s victory over Kentucky in 1966, when five Black players started an NCAA championship game for the first time and won. That game paved the way for Black players to compete at schools that had previously rejected them.

Richardson, one of six SEC coaches to win a national title since 1990, was inducted into the Basketball Hall of Fame in 2014.

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After Wednesday’s game, current Arkansas coach John Calipari joked that he’s contractually obligated to clean the statue once it’s finished.

“Which I will do in a pleasant way because I love it,” he said. “He’s been so good to me since I’ve been here.”

Richardson and Arkansas were not on good terms when they divorced in 2002. But the two sides have repaired the relationship over the years. The university renamed the floor at Bud Walton Arena “Nolan Richardson Court” in 2019. Richardson praised Calipari’s hiring in 2024 after he left Kentucky, and he has been around the program since Calipari’s arrival.

“He should have been had a statue, I think,” said Trevon Brazile, who finished with 28 points on his senior night Wednesday. “They won the national championship.”

Added Darius Acuff Jr., who finished with 28 points and 13 assists against the Longhorns: “It’s great to see that for sure. Coach Richardson is a big part of our team. He’s been to a couple of our practices, so it’s always good to see [him]. He’s a legend.”

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Autopsies rule Arkansas mothers death a suicide; twin children’s deaths homicides

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Autopsies rule Arkansas mothers death a suicide; twin children’s deaths homicides


According to our partners at 40/29 News, autopsies show that Charity Beallis died by suicide, and her six-year-old twin children died by homicide.

Beallis and the children were found on December 3, 2025, in their home in Bonanza. All three had gunshot wounds.

Records show that Beallis and her husband were in the process of divorcing when the murders happened. 40/29 reports that Beallis’ son has asked that their divorce be considered final, while her husband, Randall Beallis, has asked the court to dismiss the divorce proceedings.

The news release listed the following evidence:

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— An examination of the transcripts of the deposition of Mrs. Beallis in the divorce/custody case and the final hearing on the case on 12-2-2025, reveal that she wished to be reconciled to her estranged husband, which did not happen. Mrs. Beallis, after being represented by four different attorneys, represented herself in the contested divorce/custody hearing. At the conclusion of the hearing, Mrs. Beallis was ordered to begin joint custody of her children with her estranged husband.

–Mrs. Beallis’ estranged husband was a driver of a Tesla electric vehicle at that time. Tesla has compiled location data on Tesla vehicles, and according to the information provided by Tesla, Mrs. Beallis’ estranged husband’s vehicle was not near the residence in Bonanza on the night in question. Also, the estranged husband’s phones did not “ping” any of the cell towers proximately related to Ms. Beallis’ location.

–Information from the home security alarm company shows the alarm was deactivated by Mrs. Beallis by her phone (she had exclusive access to the security system) at around 10 pm on the night in question. Even though deactivated, the alarm company was able to provide information showing no doors or windows to the home were opened during that time. When law enforcement arrived after 9:30 am on 12-3-2025, there were no doors or windows open, and they had to use a key to enter the home. SCSO rigorously tested the functioning of each door and window and found them to be operating properly.

The court released an order on Wednesday stating that it does not have jurisdiction to rule on those motions regarding the divorce. Beallis’ body has been released to her son, while the children are with Randall Beallis.



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