Big news for the Walton College! 🎉
We've climbed to No. 20 on @theprincetonrev’s list of the Top 50 Graduate Entrepreneurship Programs, up 15 spots since 2023!
Learn more: https://t.co/t4xi2x9qd9
#WaltonCollege#UARK
Last week, Mervin Jebaraj joined the NWA Council to present the State of the Region Report. Employment rose 2.6% to 307K, GDP grew 1.4% to $33.3B, and median income increased 4.5% to $81,208.
Check out the full report: https://t.co/JCTjxQkXic
#WaltonCollege#UARK
To wrap up, it was a pleasure hearing from moderator Rupal Poltack and panelists Dana Peterson, Sam Khater, and Mervin Jebaraj as they shared insights into the global, national, and regional economic outlook for 2025!
When asked what they are most optimistic about, the panelists highlighted the U.S. economy’s remarkable resilience. Despite global challenges, the U.S. has outperformed expectations, recovering more strongly and steadily in the shadow of the pandemic.
Arkansas has experienced significant job growth in healthcare, with nearly half of all new jobs coming from the sector. While this trend is expected to continue, the pace may slow compared to previous years.
Next, @MervinJebaraj, Director of the Center for Business and Economic Research, takes the stage to share insights on the state and regional economic forecast.
To wrap up the domestic forecast: The economy continues to perform remarkably well, growing faster than at any point in the last two decades. Looking ahead, demographic trends will drive strong entry-level housing demand over the next decade.
The housing market remains highly unaffordable, with home sales activity staying low. Inventory is rising modestly from record lows in recent years, but challenges persist.
Up next: Sam Khater, Vice President, Chief Economist, and Head of Freddie Mac’s Economic & Housing Research Department, shares insights on the domestic economic forecast.
Looking ahead, technological breakthroughs could drive productivity, profits, and improved livelihoods. Slower global growth and innovation may help ease inflation, while the completion of the global energy transition remains a key factor.
"China is heavily investing in green manufacturing and exports, including solar, batteries, smart phones, and new energy technologies," shares Dana Peterson, Chief Economist at The Conference Board.
We are live from the 31st Annual Arkansas Business Forecast at the Rogers Convention Center! Stay tuned for global, domestic, and regional economics insights from our panelists. #ArkansasBusinessForecast