This document is the 65th annual economic report for Faulkner County prepared by Roger Lewis, PhD. It summarizes key economic indicators for Faulkner County and Conway in 2015. It found that Conway's unemployment rate was the lowest in 7 years at 4.7% and below both state and national rates. Real estate sales increased 14% from 2014 based on revenue stamps. However, the value of building permits declined 18% and no multi-family units were constructed. The report provides statistics on population, cost of living, sales tax collections, banking deposits, and impacts from the natural gas industry and agriculture.
Policy Uncertainty Increased by Abbott’s Ouster - Prime Minister Tony Abbott has been ousted as leader of the main governing Liberal Party (LP), and will be replaced as head of government by Malcolm Turnbull, who convinced enough of his party colleagues that the coalition of the LP and its traditional partner, the National Party (NP), would lose
Our coverage of the Americas this month includes a new report on Costa Rica, where the legislature continues to block tax reforms proposed by President Luis Guillermo Solís, even as the country pushes ever-closer to a full-blown fiscal
The Beige Book summarizes economic conditions in the 12 Federal Reserve Districts based on qualitative information from District sources. This report found that:
- Economic activity increased in most Districts since the previous report, but remained below pre-pandemic levels. Retail sales and consumer spending improved as restrictions eased, while other sectors like manufacturing, energy, and commercial real estate were weaker.
- Employment increased in many Districts as businesses reopened, but payrolls remained well below year-ago levels and job turnover was still high. Firms reported difficulties hiring back former employees.
- Prices were generally flat, with some increases in select goods like food and medical supplies offset by price decreases in other sectors due to
This document contains a monthly economic review and chartbook from Wells Fargo Securities. It summarizes key U.S. economic indicators from January and February 2016. Real GDP growth was slow in the fourth quarter of 2015 at 0.7% annualized. While retail sales rose slightly in January, manufacturing activity continues to show weakness, with declines in new orders and employment. Business and consumer sentiment also declined in January.
Our extensive coverage of the Americas this month
includes an update on the United States that will examine
whether the disappointing economic growth data for the
fourth quarter of 2015 is cause for deep concern, assess
the risk of further battling between President Barack
Obama and the opposition-controlled Congress that
could derail a weak but sustained recovery, and provide an
early assessment of how the November presidential and
congressional elections might turn out. PRS will also issue
an update on Guatemala, where a political crisis driven
by revelations of a massive network
Will the Momentum coming out of 2013 Carry Our Growth Through 2014?Lawrence R. Levin
The Newsletter discusses why the current political bickering may keep us out of recession for the next 3 quarters. The Wise Old Owl talks about how to use the current calm to be ready for the coming changes.
The New York Senate Finance Committee reviewed and analyzed the economic and revenue projections contained within the Executive Budget for SFY 2010-11.
Policy Uncertainty Increased by Abbott’s Ouster - Prime Minister Tony Abbott has been ousted as leader of the main governing Liberal Party (LP), and will be replaced as head of government by Malcolm Turnbull, who convinced enough of his party colleagues that the coalition of the LP and its traditional partner, the National Party (NP), would lose
Our coverage of the Americas this month includes a new report on Costa Rica, where the legislature continues to block tax reforms proposed by President Luis Guillermo Solís, even as the country pushes ever-closer to a full-blown fiscal
The Beige Book summarizes economic conditions in the 12 Federal Reserve Districts based on qualitative information from District sources. This report found that:
- Economic activity increased in most Districts since the previous report, but remained below pre-pandemic levels. Retail sales and consumer spending improved as restrictions eased, while other sectors like manufacturing, energy, and commercial real estate were weaker.
- Employment increased in many Districts as businesses reopened, but payrolls remained well below year-ago levels and job turnover was still high. Firms reported difficulties hiring back former employees.
- Prices were generally flat, with some increases in select goods like food and medical supplies offset by price decreases in other sectors due to
This document contains a monthly economic review and chartbook from Wells Fargo Securities. It summarizes key U.S. economic indicators from January and February 2016. Real GDP growth was slow in the fourth quarter of 2015 at 0.7% annualized. While retail sales rose slightly in January, manufacturing activity continues to show weakness, with declines in new orders and employment. Business and consumer sentiment also declined in January.
Our extensive coverage of the Americas this month
includes an update on the United States that will examine
whether the disappointing economic growth data for the
fourth quarter of 2015 is cause for deep concern, assess
the risk of further battling between President Barack
Obama and the opposition-controlled Congress that
could derail a weak but sustained recovery, and provide an
early assessment of how the November presidential and
congressional elections might turn out. PRS will also issue
an update on Guatemala, where a political crisis driven
by revelations of a massive network
Will the Momentum coming out of 2013 Carry Our Growth Through 2014?Lawrence R. Levin
The Newsletter discusses why the current political bickering may keep us out of recession for the next 3 quarters. The Wise Old Owl talks about how to use the current calm to be ready for the coming changes.
The New York Senate Finance Committee reviewed and analyzed the economic and revenue projections contained within the Executive Budget for SFY 2010-11.
This document provides licensing information for Weichert Financial Services and Mortgage Access Corp. It lists the various states and jurisdictions where they are licensed to conduct mortgage lending and brokerage activities. It also provides contact information and notes that Mortgage Access Corp arranges loans through third party providers and is an equal housing lender.
This presentation will discuss the deficit projections for the Government of Canada from 2016-2021.
The focus will be on consumer spending, merchandise trade, infrastructure and government spending. The presentation will highlight election promises as well as what is happening both with Canadian and World economies.
This document provides a summary of Gannett Co.'s third quarter 2004 conference call with analysts. [1] Gannett reported earnings of $1.18 per share, matching analyst estimates. [2] Newsprint costs increased 15% due to a 12.4% price increase and 2.4% usage increase. [3] Overall revenue growth was solid, though some regions and categories faced challenges due to hurricanes and difficult year-over-year comparisons.
Here is overview of the markets, especially areas like retail sales, Chinese Debt, Canada Trade and Automotive.
The presentation will discuss global pressures including slow economic growth, reduction in consumer spending, pressure of commodity prices, natural disasters and corporate debt/profitability.
The document summarizes consumer economic trends in November 2016. It notes that US GDP grew 3.2% in Q2 2016, the strongest growth in two years. Consumer spending increased in October while average weekly earnings declined in November. Post-election consumer sentiment jumped by 6.5 points as consumers anticipated improved personal finances and economic conditions. Small business optimism edged up in October but concerns over the election drove uncertainty to a 42-year high.
Government intervenes in fuel sector . . . just falls short of price controlsZimpapers Group (1980)
A digital copy of the Business News 24 (09 January 2015 edition). Zimbabwe's premier business news free sheet published by the Zimpapers Newspapers Group (1980) Limited and available every week day from 1530hrs to give a summary of the day's business news.
The Beige Book is the Notes and data prepared by the staff of Federal Reserve Board, USA. This book acts as a Precursor about the data and report of the FOMC Meeting
2018 national and virginia economic forecast (31 january 2018) (final)rmcnab67
The document summarizes economic forecasts for the U.S. and Virginia economies in 2018. It predicts that:
1) The U.S. economy will grow at 3.0% in 2018 due to tax cuts and increased spending, while Virginia will grow faster than 2.0% but lag the national growth rate.
2) Unemployment rates will continue to decline in both the U.S. and Virginia, reaching 3.8% and 3.5% respectively by the end of 2018.
3) The forecasts also express concerns about rising federal deficits, high stock market valuations, and inflation, which could undermine growth by the second half of 2018 if the Federal Reserve rapidly increases interest rates
- B.C. employment surged in September, with an increase of 33,300 jobs. Unemployment dropped to 4.2%, the lowest since 2008.
- International exports from B.C. increased 16% in August compared to the same month in 2017, driven by increases in raw metal and forestry exports.
- The housing market in the Lower Mainland continued to weaken in September, with MLS sales down 41% year-over-year and home prices declining for the third consecutive month.
The retail market report summarizes 2015 trends in the Phoenix metro area. It notes that 65,700 jobs were added in 2015, home starts increased 70% year-over-year, and these economic gains are boosting consumer confidence. Retail vacancy rates declined to 9.3% while net absorption was 1.77 million square feet. Average rental rates increased to $14/sqft, up from $13.62/sqft in 2014. The report concludes that with continued job and housing growth, the retail sector is poised for growth in 2016.
Harris County Appraisal District market trends report Nandhish Varma
This document provides a market trends report for Harris County for 2016. It summarizes trends in the residential, commercial, industrial, and other real estate markets. For residential, inventory is up but still low, sales volume declined slightly year-over-year, and prices continued to rise. The commercial market saw job growth, though slower than previous years. Office vacancy may increase as oil companies sublet space. Overall, the report expects stability in the Houston economy despite challenges from low oil prices.
Real GDP increased 4.0% in the second quarter of 2014, after decreasing 2.1% in the first quarter. This upturn primarily reflected upturns in private inventory investment, exports, an acceleration in PCE, an upturn in state and local government spending, an acceleration in nonresidential fixed investment, and an upturn in residential fixed investment, partly offset by an acceleration in imports. The BEA also released its annual revision of estimates from 1999 to the first quarter of 2014, revising down real GDP growth rates slightly for 2011-2012 but up slightly for 2013.
The document summarizes the results of a survey of Latvian household borrowers conducted in 2013 to assess their financial vulnerability. It finds that 10.2% of household borrowers can be considered vulnerable, with negative financial margins, though this is a slight improvement from 11.2% in 2011. While household debt burdens have decreased slightly, borrowers remain sensitive to declines in income or increases in interest rates. Unemployment shocks would have a more moderate impact due to unemployment benefits. Overall vulnerability has decreased modestly in recent years but potential losses to lenders remain limited.
The Harris County Appraisal District mailed property value notices to most residential property owners and will follow with notices for commercial and industrial properties. While some property values increased, the chief appraiser noted many properties did not increase in value this year. Residential property values generally increased, with median home sale prices up 6.5% from last year. Commercial property values varied by sector, with office buildings adjusting due to economic changes and apartment rents remaining flat due to high inventory. Industrial property values depended on specific refining configurations and chemical industry demand.
This document summarizes China-Latin America economic relations over the past few decades and considers possible scenarios for how the relationship may evolve. It notes that China has become a major trading partner and investor for many Latin American countries as its demand for commodities has driven growth. However, concerns include Latin America's dependence on raw material exports and potential impacts from a slowdown in China's economy. The document explores scenarios for sustained Chinese growth, a moderate slowdown, or a hard landing and associated effects on Latin America. It also discusses the diverse policy responses across the region to Chinese engagement.
UK Elections Marginally Favour the Less Austere QNB Group
1) The UK parliamentary elections on May 7th are too close to call between the two main parties, Labour and Conservatives, leading to expectations of a hung parliament. A Labour minority government or coalition is seen as the most likely outcome.
2) The main policy difference between the parties is over fiscal austerity, with Labour proposing a slower pace of deficit reduction than the Conservatives. A slower pace of austerity could benefit economic growth and financial markets.
3) While austerity measures since 2010 have reduced the deficit and growth has recovered recently, looser fiscal policy may be preferable now given that monetary policy tightening is expected, which could undermine growth if combined with strict austerity.
Moldova has a population of around 3.58 million, with 58.7% living in rural areas. Poverty is widespread, especially in rural areas where 42% live below the poverty line. The economy relies heavily on remittances which account for around 26% of GDP. GDP grew by 6% in 2007, but the structure of the economy remains uneven with slow restructuring of industry and agriculture. High levels of poverty and economic dependence pose ongoing challenges.
The document provides demographic, economic, and labor market data for Jackson County, Indiana from various sources. It shows that from 2000-2013 the population grew 5% to over 43,000 people, driven by natural increase and international migration. The number of establishments increased 33% during this period, with most growth coming from new businesses. Manufacturing is the top industry, employing 24.9% of the workforce. Educational attainment has improved but still lags the state average, with only 14% of adults having a bachelor's degree or higher.
Este documento presenta información sobre ambientes virtuales de aprendizaje (AVA). Incluye un plan de trabajo con temas y actividades para una sesión sobre AVA, así como detalles sobre plataformas educativas virtuales como Chamilo, Schoology y Edmodo. También proporciona lineamientos generales para crear cursos virtuales y menciona herramientas como Cacoo, Animoto y YouTube que pueden enriquecer un AVA.
El documento presenta el plan de trabajo para un curso sobre redes sociales para el aprendizaje. El curso cubre temas como aprendizaje colaborativo, PLE (entornos personales de aprendizaje), Web 2.0 y uso didáctico de redes sociales. El plan incluye presentaciones, prácticas y una evaluación. Se discuten conceptos como aprendizaje colaborativo e individual y cómo las redes sociales pueden usarse para propósitos educativos.
This document provides licensing information for Weichert Financial Services and Mortgage Access Corp. It lists the various states and jurisdictions where they are licensed to conduct mortgage lending and brokerage activities. It also provides contact information and notes that Mortgage Access Corp arranges loans through third party providers and is an equal housing lender.
This presentation will discuss the deficit projections for the Government of Canada from 2016-2021.
The focus will be on consumer spending, merchandise trade, infrastructure and government spending. The presentation will highlight election promises as well as what is happening both with Canadian and World economies.
This document provides a summary of Gannett Co.'s third quarter 2004 conference call with analysts. [1] Gannett reported earnings of $1.18 per share, matching analyst estimates. [2] Newsprint costs increased 15% due to a 12.4% price increase and 2.4% usage increase. [3] Overall revenue growth was solid, though some regions and categories faced challenges due to hurricanes and difficult year-over-year comparisons.
Here is overview of the markets, especially areas like retail sales, Chinese Debt, Canada Trade and Automotive.
The presentation will discuss global pressures including slow economic growth, reduction in consumer spending, pressure of commodity prices, natural disasters and corporate debt/profitability.
The document summarizes consumer economic trends in November 2016. It notes that US GDP grew 3.2% in Q2 2016, the strongest growth in two years. Consumer spending increased in October while average weekly earnings declined in November. Post-election consumer sentiment jumped by 6.5 points as consumers anticipated improved personal finances and economic conditions. Small business optimism edged up in October but concerns over the election drove uncertainty to a 42-year high.
Government intervenes in fuel sector . . . just falls short of price controlsZimpapers Group (1980)
A digital copy of the Business News 24 (09 January 2015 edition). Zimbabwe's premier business news free sheet published by the Zimpapers Newspapers Group (1980) Limited and available every week day from 1530hrs to give a summary of the day's business news.
The Beige Book is the Notes and data prepared by the staff of Federal Reserve Board, USA. This book acts as a Precursor about the data and report of the FOMC Meeting
2018 national and virginia economic forecast (31 january 2018) (final)rmcnab67
The document summarizes economic forecasts for the U.S. and Virginia economies in 2018. It predicts that:
1) The U.S. economy will grow at 3.0% in 2018 due to tax cuts and increased spending, while Virginia will grow faster than 2.0% but lag the national growth rate.
2) Unemployment rates will continue to decline in both the U.S. and Virginia, reaching 3.8% and 3.5% respectively by the end of 2018.
3) The forecasts also express concerns about rising federal deficits, high stock market valuations, and inflation, which could undermine growth by the second half of 2018 if the Federal Reserve rapidly increases interest rates
- B.C. employment surged in September, with an increase of 33,300 jobs. Unemployment dropped to 4.2%, the lowest since 2008.
- International exports from B.C. increased 16% in August compared to the same month in 2017, driven by increases in raw metal and forestry exports.
- The housing market in the Lower Mainland continued to weaken in September, with MLS sales down 41% year-over-year and home prices declining for the third consecutive month.
The retail market report summarizes 2015 trends in the Phoenix metro area. It notes that 65,700 jobs were added in 2015, home starts increased 70% year-over-year, and these economic gains are boosting consumer confidence. Retail vacancy rates declined to 9.3% while net absorption was 1.77 million square feet. Average rental rates increased to $14/sqft, up from $13.62/sqft in 2014. The report concludes that with continued job and housing growth, the retail sector is poised for growth in 2016.
Harris County Appraisal District market trends report Nandhish Varma
This document provides a market trends report for Harris County for 2016. It summarizes trends in the residential, commercial, industrial, and other real estate markets. For residential, inventory is up but still low, sales volume declined slightly year-over-year, and prices continued to rise. The commercial market saw job growth, though slower than previous years. Office vacancy may increase as oil companies sublet space. Overall, the report expects stability in the Houston economy despite challenges from low oil prices.
Real GDP increased 4.0% in the second quarter of 2014, after decreasing 2.1% in the first quarter. This upturn primarily reflected upturns in private inventory investment, exports, an acceleration in PCE, an upturn in state and local government spending, an acceleration in nonresidential fixed investment, and an upturn in residential fixed investment, partly offset by an acceleration in imports. The BEA also released its annual revision of estimates from 1999 to the first quarter of 2014, revising down real GDP growth rates slightly for 2011-2012 but up slightly for 2013.
The document summarizes the results of a survey of Latvian household borrowers conducted in 2013 to assess their financial vulnerability. It finds that 10.2% of household borrowers can be considered vulnerable, with negative financial margins, though this is a slight improvement from 11.2% in 2011. While household debt burdens have decreased slightly, borrowers remain sensitive to declines in income or increases in interest rates. Unemployment shocks would have a more moderate impact due to unemployment benefits. Overall vulnerability has decreased modestly in recent years but potential losses to lenders remain limited.
The Harris County Appraisal District mailed property value notices to most residential property owners and will follow with notices for commercial and industrial properties. While some property values increased, the chief appraiser noted many properties did not increase in value this year. Residential property values generally increased, with median home sale prices up 6.5% from last year. Commercial property values varied by sector, with office buildings adjusting due to economic changes and apartment rents remaining flat due to high inventory. Industrial property values depended on specific refining configurations and chemical industry demand.
This document summarizes China-Latin America economic relations over the past few decades and considers possible scenarios for how the relationship may evolve. It notes that China has become a major trading partner and investor for many Latin American countries as its demand for commodities has driven growth. However, concerns include Latin America's dependence on raw material exports and potential impacts from a slowdown in China's economy. The document explores scenarios for sustained Chinese growth, a moderate slowdown, or a hard landing and associated effects on Latin America. It also discusses the diverse policy responses across the region to Chinese engagement.
UK Elections Marginally Favour the Less Austere QNB Group
1) The UK parliamentary elections on May 7th are too close to call between the two main parties, Labour and Conservatives, leading to expectations of a hung parliament. A Labour minority government or coalition is seen as the most likely outcome.
2) The main policy difference between the parties is over fiscal austerity, with Labour proposing a slower pace of deficit reduction than the Conservatives. A slower pace of austerity could benefit economic growth and financial markets.
3) While austerity measures since 2010 have reduced the deficit and growth has recovered recently, looser fiscal policy may be preferable now given that monetary policy tightening is expected, which could undermine growth if combined with strict austerity.
Moldova has a population of around 3.58 million, with 58.7% living in rural areas. Poverty is widespread, especially in rural areas where 42% live below the poverty line. The economy relies heavily on remittances which account for around 26% of GDP. GDP grew by 6% in 2007, but the structure of the economy remains uneven with slow restructuring of industry and agriculture. High levels of poverty and economic dependence pose ongoing challenges.
The document provides demographic, economic, and labor market data for Jackson County, Indiana from various sources. It shows that from 2000-2013 the population grew 5% to over 43,000 people, driven by natural increase and international migration. The number of establishments increased 33% during this period, with most growth coming from new businesses. Manufacturing is the top industry, employing 24.9% of the workforce. Educational attainment has improved but still lags the state average, with only 14% of adults having a bachelor's degree or higher.
Este documento presenta información sobre ambientes virtuales de aprendizaje (AVA). Incluye un plan de trabajo con temas y actividades para una sesión sobre AVA, así como detalles sobre plataformas educativas virtuales como Chamilo, Schoology y Edmodo. También proporciona lineamientos generales para crear cursos virtuales y menciona herramientas como Cacoo, Animoto y YouTube que pueden enriquecer un AVA.
El documento presenta el plan de trabajo para un curso sobre redes sociales para el aprendizaje. El curso cubre temas como aprendizaje colaborativo, PLE (entornos personales de aprendizaje), Web 2.0 y uso didáctico de redes sociales. El plan incluye presentaciones, prácticas y una evaluación. Se discuten conceptos como aprendizaje colaborativo e individual y cómo las redes sociales pueden usarse para propósitos educativos.
El documento discute la relación entre la encíclica Laudato Si del Papa Francisco y el cuidado del medio ambiente. Resalta que la naturaleza es un regalo de Dios que debemos cuidar y proteger, ya que es nuestro hogar. A lo largo de la historia, diferentes Papas han llamado la atención sobre la necesidad de respetar el medio ambiente y evitar su destrucción, debido al impacto negativo de la acción humana. Laudato Si invita a una conversión ecológica para recobrar el respeto hacia la
Este documento presenta una rúbrica para evaluar la habilidad de los estudiantes para analizar e interpretar información al leer un artículo. La rúbrica evalúa si los estudiantes pueden identificar hechos vs opiniones, detalles importantes, cómo se relacionan gráficos al texto, y recordar otros detalles. La rúbrica clasifica el desempeño de los estudiantes en cuatro niveles: excelente, sobresaliente, aceptable e insuficiente.
Este documento presenta una rúbrica para evaluar la resolución de problemas matemáticos que involucran operaciones combinadas. La rúbrica contiene cinco categorías: terminología matemática y notación, explicación, estrategia/procedimientos, contribución individual a la actividad, y conclusión. Se utilizará para calificar la capacidad de los estudiantes para resolver problemas matemáticos de manera efectiva y trabajar de forma cooperativa con otros estudiantes.
El documento analiza el papel importante que juegan las nuevas tecnologías en la educación, facilitando la enseñanza de forma virtual o presencial. Si bien las tecnologías son herramientas útiles, algunos docentes no saben usarlas adecuadamente en el aula. Las tecnologías de comunicación han surgido como una estrategia científica para mejorar la educación de forma sistemática e interdisciplinaria. El uso de las TIC requiere que los docentes desempeñen nuevas funciones y apliquen nuevas pedagogías
Este documento discute varios modelos pedagógicos como el constructivismo, el conductismo y el cognitivismo, y cómo estos han evolucionado a través del tiempo y los contextos históricos. También introduce el modelo conectivista y cómo este integra elementos de los modelos anteriores al mismo tiempo que dinamiza la enseñanza a través de nuevas metodologías y tecnologías. Finalmente, enfatiza la necesidad de humanizar la tecnología al ser usada como modelo pedagógico y asegurar una buena capacitación y evaluación
La secuencia didáctica tuvo como objetivo mejorar la habilidad de escritura y el uso de las reglas ortográficas de estudiantes de segundo y tercer grado. Los estudiantes completaron una carta usando correctamente los grafemas B-V-Y-LL-M-N y signos de puntuación. El autor argumenta que es responsabilidad de todos los docentes enseñar el buen uso del lenguaje a los estudiantes.
El documento define la Competencia para Manejar Información (CMI) como el conjunto de conocimientos, habilidades y actitudes que permiten a los estudiantes identificar sus necesidades de información, buscar información relevante de manera efectiva, evaluar la calidad de la información y convertirla en conocimiento útil. La CMI implica definir un problema de información, elaborar un plan de investigación, formular preguntas secundarias, identificar fuentes confiables, encontrar y evaluar la información, organizarla y analizarla de acuerdo con el plan de investig
The document is a notice from Schoology requiring teachers to verify that they are employed at an educational institution, at least 18 years old, and will obtain parental consent for students under 13 before allowing them access to Schoology. Teachers must also keep their Schoology access codes private and understand third-party apps may have different privacy practices. They must notify Schoology if a student under 13 provides personal information without consent.
Your rubric matemáticas resolución de problemas - problemas al alcanceELIANA LUNA SANCHEZ
Este documento presenta una rúbrica de 5 categorías para evaluar la resolución de problemas matemáticos. La rúbrica evalúa el orden y organización del trabajo, el uso apropiado de la terminología y notación matemática, el razonamiento matemático utilizado, la comprensión de los conceptos matemáticos subyacentes, y proporciona descripciones de niveles de desempeño desde excelente a deficiente.
Memorial de amicus curiae apresentado pela clínica uerj direitosLeonardo Barbosa
A empresa de tecnologia anunciou um novo smartphone com câmera aprimorada, maior tela e bateria de longa duração. O dispositivo também possui processador mais rápido e armazenamento expansível. O novo modelo será lançado em outubro por um preço inicial de US$799.
Belajar tentang analisis mengenai dampak lingkungan hidup (amdal) beberapa p...helmut simamora
This document summarizes the results of a study evaluating different brands of nitrate test strips for measuring soil nitrate levels. The study involved preparing standard nitrate solutions of known concentrations and testing each brand of strips against the standards. Most strips were evaluated after a 1 minute development time, though some required 60 seconds. The measured values from each strip were compared to the known standard values. The results showed varying accuracy between brands, with some performing better than others at measuring the range of nitrate concentrations found in agricultural soils. The study aimed to identify test strips accurate for the low nitrate levels required by some crops.
Este documento describe la dimensión académica de un diplomado para la formación de competencias docentes, la cual se representa a través de tres planos esenciales: el plano social, el plano psicopedagógico y el plano curricular. También incluye un ámbito dedicado a la formación de capital humano para la investigación a nivel de posgrado. Cada plano describe diferentes elementos como el contexto social, el proceso de aprendizaje, los contenidos educativos, los planes de estudio y la producción académica.
O documento discute as regras fundamentais de acentuação gráfica na língua portuguesa. Apresenta os principais acentos gráficos e explica que eles indicam a posição da sílaba tônica e características das vogais. Em seguida, resume as regras para a acentuação de proparoxítonas, paroxítonas, oxítonas e monossílabos.
The document provides an executive summary of the City of Tulsa's FY15 budget. It discusses revenues, expenditures, and the economic conditions in Tulsa. Total revenues are projected to be $687 million, an 0.8% increase from FY14. Taxes make up 52% of revenues, with sales tax being the largest at 33%. Expenditures are highest for public safety at 26% and public works/transportation at 39%. The economic forecast for Tulsa is improved, with growth in employment, income, and construction activity.
This document provides a summary of labor market and workforce data for McHenry County, Illinois. It includes demographic information on the population, industries, occupations, education levels, and wages. Recent highlights of the county's workforce programs are also summarized, outlining participation rates, training outcomes, and performance goals. The document aims to identify economic strengths and opportunities to inform business and community leaders.
The document provides information on the economy of Eastern Colorado, which comprises 10 counties and had a population of 112,386 in 2015. Some key points:
- Agriculture is the largest employer in the region, accounting for 17.7% of employment and 26.3% of economic output.
- Elbert County has been one of the fastest growing counties, adding nearly 600 new residents per year since 1990 due to its proximity to Denver.
- Logan and Morgan counties account for 57% of earnings and 45% of residents in the region, and their energy industries like mining, oil and gas, and wind power offer potential for future growth.
- Population growth has been relatively flat at 0.8%
The document provides information on the economy of Eastern Colorado, which includes 10 counties and had a population of 112,386 in 2015. Some key points:
- Agriculture is the largest employer in the region, accounting for 17.7% of employment and 26.3% of economic output.
- Elbert County has been one of the fastest growing counties, adding on average 598 new residents per year since 1990 due to its proximity to Denver.
- Logan and Morgan counties account for 57% of earnings and 45% of residents in the region. These counties are becoming an energy hub due to oil/gas production and wind energy.
- The population growth rate in the region was 0.8%
The Dominican Republic experienced strong GDP growth of 7% in 2014, making it the best performing Caribbean economy for the second year in a row. GDP growth is forecast to remain solid at around 4.4-4.5% in 2015-2016. In 2014, tourism arrivals increased by 9.4% to a record 5.7 million visitors and tourism revenues exceeded $5.6 billion. The government took advantage of the strong economic conditions to improve financial stability by issuing $2.5 billion in bonds and using the funds to pay off debt owed to Venezuela. GDP growth, moderate inflation, a narrowing current account deficit, and macroeconomic stability are expected to continue supporting the economy if structural reforms are implemented to improve
The document provides an overview of workforce and economic statistics for McHenry County, Illinois. It includes demographic data on population, age, race, income levels. Industry data covers employment levels, average wages, and growth trends over 10 years. Workforce data such as labor force participation rates, unemployment rates, commuting patterns, and educational attainment are analyzed. The report also highlights outcomes of the county's workforce programs and expenditures. Real estate activity and home prices in the county saw increases over the past year.
Joint Meeting of the Fairfax County Board of Supervisors and the Fairfax Coun...Fairfax County
Joint Meeting of the Fairfax County Board of Supervisors and the Fairfax County School Board: Budget Discussion on FY 2014, FY 2015, FY 2016
November 26, 2013
Williamson County, Texas: Changing Demographics and Implications of GrowthCivic Analytics LLC
Williamson County is growing rapidly due to migration from other areas, especially Travis County. The population is becoming more diverse, with the Hispanic population projected to be over half of new residents in the next 20 years. This presents challenges around education and income inequality but also opportunities if inclusive economic development policies are pursued. Growth represents both challenges and opportunities for Williamson County to leverage as it takes on a more prominent role in the Austin region.
The document provides an introduction to the Defense Manufacturing Assistance Program (DMAP) which works with communities severely affected by Department of Defense downsizing to develop recovery strategies. It then analyzes Muskegon County, Michigan which has experienced job losses due to reduced defense contracts, noting its population, housing, poverty rates, and other demographic data to understand the economic challenges it faces. DMAP will use this community assessment to create an advisory plan to help Muskegon County diversify its economy and promote future growth.
This document provides an analysis of demographic and tax data for Knox County, Ohio. It finds that while Knox County's population is growing at a similar rate to comparable counties, it has a significantly older population and lower rates of residents ages 15-34. Employment data shows Knox County has an advantage in healthcare, agriculture, and construction compared to other counties. The analysis also examines property, income, and sales tax revenues for Knox County from 2000-2014, finding the residential property tax base has increased while agricultural property has decreased.
Visitor spending in Rockford, Illinois increased 21.7% in 2021 compared to 2020 but was still down 9.7% from 2019 as the region continued recovering from the impacts of the COVID-19 pandemic. While complete 2022 data is not yet available, preliminary data shows continued recovery, with hotel revenue up 11.4% from 2019 and a 16% increase in certain tax collections. Rockford recovered faster than most comparable Illinois counties, with visitor spending at 90% of pre-pandemic 2019 levels.
1) Puerto Rico's economy has contracted for most years since 2007, with real GNP declining by 13.8% total over that period. Persistent fiscal deficits and high levels of public debt exceeding 100% of GNP are major issues.
2) Out-migration, especially of working age residents, has increased substantially in recent years, reducing Puerto Rico's tax base. The population declined by around 8% from its 2004 peak.
3) The fiscal year 2016 budget assumes no deficit but revenues have frequently fallen short of projections, suggesting another deficit is likely. Cash flow problems necessitate short-term borrowing to start the fiscal year.
The document discusses Puerto Rico's recent economic performance and challenges. It notes that Puerto Rico's economy has contracted in most years since 2007, with real GNP growth of -1.8% on average from 2007-2014. Two other major issues facing Puerto Rico are its high and growing public debt level, which represents 103.2% of nominal GNP, and increasing out-migration of residents to the US mainland. Puerto Rico also faces difficulties with its healthcare system due to large cuts to Medicare and Medicaid funding compared to US states.
Joint Meeting of the Board of Supervisors and School Board: FY 2019 County an...Fairfax County
The document provides an overview of the joint fiscal forecast for FY 2019 for Fairfax County and Fairfax County Public Schools. It summarizes the economic outlook for the national, state, and local levels. It then discusses revenues and expenditures being projected for both the county and schools, noting a funding gap is projected for both. Key areas covered include real estate assessments and values, compensation increases for employees, and initiatives underway.
Housing Virginia Rural Report - Nov 2016Alise Newman
This document provides an overview of housing needs in rural Virginia. It finds that while rural populations are growing more slowly than urban areas, the rural population is aging significantly. Many young adults are moving away from rural communities for jobs while the senior population remains. As a result, poverty and unemployment rates are higher in rural areas, especially in the Mountain and Southside regions. The report also notes that affordable housing is lacking, with nearly a third of rural households paying over 30% of their income on housing costs. Direct feedback from rural housing providers identified additional needs around housing for seniors, rental options, homeownership, and improving existing housing stock. The report concludes with policy recommendations in these areas.
Columbus MSA employment was up 8,200 (0.8 percent) from March to June, ahead of Ohio’s increase of 0.4 percent and the U.S. increase of 0.6 percent, according to the Q2 economic update report produced by Columbus 2020. Going into the second half of the year, unemployment in the Columbus Region continued to decline at 4.6 percent, compared to June state and national rates of 5.5 and 6.1, respectively.
KC Conway presented an economic outlook and conditions report to the Fort Bend Economic Development Council. The presentation discussed several topics, including: 1) 2020 Census data showing Texas had the largest population increase and third highest percentage growth; 2) a JOLTS report finding a record high of over 8 million job openings in March 2021; and 3) different types of economic shifts occurring, such as convergence of multifamily housing and divergence of retail trends as online shopping increases. The presentation provided an overview of economic trends in Texas and nationally.
2. Author:
Roger Lewis, PhD
rogerlewis@conwaycorp.net
(501)472-4621
Prepared by:
N’Golo Saliou Ouattara
Undergraduate Intern
B.S. Economics 2016
University of Central Arkansas
College of Business
Nouattara2@cub.uca.edu
Coordinator:
Pat Cantrell, Ph.D.
Associate Professor of Economics
University of Central Arkansas
College of Business
patc@uca.edu
(501) 450-5301
With Support From
Michael B. Hargis, Ph.D.
Dean of the College of Business
University of Central Arkansas
mhargis@uca.edu
Copies can be obtained from:
www.pulseofconway.com
Prepared for The Conway Rotary Club
Published by The College of Business at the University of Central Arkansas
Mr. Ouattara and Dr. Cantrell wish to acknowledge the help and data of Roger Lewis, Ph.D., without whom
this volume would not have been possible. Any errors or oversights are our own.
3. EXECUTIVE SUMMARY
The national economy improved in 2015. GDP increased by 2.4%, the same percentage as last year. The
national unemployment rate decreased from 6.2% in 2014 to 5.3% in 2015. The inflation rate in 2015 was .7%
down from .8% last year, measured as the rate of change of the CPI-U index of the Bureau of Labor Statistics.
Negative growth in energy prices (-12.6%), apparel (-.9%) and transportation (-4.1%) held down increases
that were seen in medical care (2.6%) and other areas.
The Dow Jones Industrial Average closed at 17,425 on December 31st
, 2015 down from last year (17,823), for
a decrease of 2.2% for the year. The market has more than doubled in value (103%) from the recession low
when the Dow dropped to $8776 at the end of 2009. It has fully recovered and is 31.4 percent above the pre-
recession high of $13,264 in 2008. The six straight years of gain was recently interrupted by a correction of
3.3% as of March 1, 2016. Today, the average for the S&P 500 is approximately 22 times earnings. (WSJ 2-26-
16)
Conway, Arkansas’ economy was even better. Conway’s unemployment rate was at the lowest rate in 7 years
at 4.7%, down from 5.8% in 2014. Faulkner County’s unemployment rate for 2015 was 5.0% compared to the
Arkansas rate of 5.3% and the national rate of 5.3%. The number of building permits issued in Conway was
down 27% in 2015, and no multi-family units were constructed. Nevertheless, real estate sales increased 14%
from last year based on revenue stamps sold on real estate transfers. The value of building permits declined
18%.
Data from Metroplan places Conway’s population at 64,313 and the county at 121,536, an increase of 2% for
the city and a decrease of .7% for the county.
The cost of living in Conway is only 96% of the U.S. average (of 100) according to ACCRA data. This is lower
than in Little Rock (96. 4%). This is particularly pronounced in housing as Conway housing costs were only
81.7% of national housing costs in 2014. Real property tax assessment increased by 42 million dollars, or 3%.
Of that personal property was down by 2 million dollars, or 1.2 %.
Violent crimes in Conway were 257 in 2014, up 7.5% from 239 in 2013, still approximately 4 crimes per
thousand population in 2014. Property crimes in Conway were up 8.4% from the previous year to 3,008 from
2,774, or approximately 46 crimes per thousand, compared to 43 per thousand last year. Comparable figures
for Little Rock are 14 per thousand and 72 per thousand.
i
4. County Sales tax receipts of ½ percent were almost 9 million dollars, an increase of 2.0% over last year.
Conway sales tax receipts of 1% were nearly 24 million dollars, an increase of 2.6% over last year. Most of
the estimated retail sales in the county were made in Conway, 80.3%, the next largest shopping hub was
Greenbrier at 6%.
Restaurant and hotel sales were estimated from the Advertising and Promotion Tax of 2% on restaurant and
hotel sales (net of alcoholic beverages). Estimated restaurant sales were 173 million dollars and estimated
hotel sales were 18 million dollars.
Deposits at Faulkner County banking institutions increased by 41 billion to 1.8 trillion dollars. The ROA on
local banks averaged 1.20 and the ROE was 9.63, down slightly from 2014. Individual bank statistics are found
on page 13.
A severance tax is collected on wellhead production market value of natural gas produced in the state. It
varies from 1.25% to 5% depending on the classification of the well. Approximately 15% of the tax collected
goes to incorporated cities in the state based on population and another 15% to counties based on several
factors including the population and miles of roads in the county. The revenue is designated from
transportation including road construction and maintenance. Because of the plummeting prices of natural gas
there has not been the anticipated growth in this revenue and gas producers have also reduced their drilling
activities. Faulkner County and municipalities in the county received 537,831 from this tax in 2015 down 28%
from $750,000 received in 2014.
The Fayetteville Shale play in the county had more wells actively producing in 2015 (439) than in 2014 (399)
and the amount of gas production in cubic feel increased by approximately 50%. The Arkansas Scholarship
Lottery began October 2009. Annual sales for 2011 were the highest at $475 million and have declined each
year since. The 2015 sales of 423 million is 11% lower than for 2011. Lottery ticket sales by county are given
on page 21. Faulkner County ranks 5th
from the highest in overall sales, but 52nd
in sales per capita and 58% in
sales per capita income.
The number of firms employing workers in Faulkner County has grown modestly the last few years while the
number of workers has decreased. During the last three years, 2012 through 2014, the number of firms
increased by 54 from 2793 to 2847, while the number of employees has decreased by 1863 from 40,686 to
38,823. Average weekly earnings decreased from $697 to $678 during the same period.
ii
5. Professional and business services had the greatest job gain, 564 from 5433 to 5997. State and local
government had the largest decline of 1760 jobs (3rd quarter 2014 data).
Due to extraordinarily bad weather in 2015, gross agricultural production in the county was down by
approximately 90% in rice, corn and wheat. Gross soybean production was down by approximately 50%.
Prolonged spring flooding lasted two months in May and June, and returned in December of 2015.
Tourism showed strong growth from 2014. Total travel expenditure was up 5.16% for Faulkner County and
6.88 % for the state. The number employed in tourism in the county increased 1.73% with the payroll
increasing by 5.22% for the county and 6.88% for the state.
iii
6. TABLE OF CONTENTS
National Economy........................................................................................................................................................................1
Dow Jones Average Year-End Closing..........................................................................................................................................2
Consumer Price Index by Component .........................................................................................................................................2
Unemployment Rate....................................................................................................................................................................3
Family Units Constructed.............................................................................................................................................................4
Faulkner County Real Estate Sales...............................................................................................................................................4
Value of Building Permits Issued .................................................................................................................................................5
Population of Conway and Faulkner County ...............................................................................................................................6
Faulkner County Birth & Death Rate ...........................................................................................................................................6
Faulkner County and Conway Property Assessments..................................................................................................................7
Cost of Living Comparison of Conway to Selected Cities.............................................................................................................8
FBI Crime Statistics ......................................................................................................................................................................9
Conway Corporation Revenues and Capital Expenditures ........................................................................................................10
Faulkner County and Conway Sales Tax Collections..................................................................................................................11
Conway Advertising & Promotions Tax Collections...................................................................................................................12
Total Deposits in Faulkner County Banking Institutions ............................................................................................................13
Bank Earnings of Institutions Represented in Faulkner County.................................................................................................13
Bank Deposits in Faulkner County & Market Share...................................................................................................................14
Motor Vehicle Registration........................................................................................................................................................15
Arkansas Severance Tax Revenue..............................................................................................................................................16
Severance Tax Revenue Distribution to Faulkner County..........................................................................................................17
Production from The Fayetteville Shale Play.............................................................................................................................18
Natural Gas Severance Tax Rates by Well Classification ...........................................................................................................19
Lottery........................................................................................................................................................................................20
Lottery Ranking..........................................................................................................................................................................21
Employment and Earnings for Faulkner County ........................................................................................................................22
Agricultural Production in Faulkner County ..............................................................................................................................23
Impact of Tourism in Faulkner County.......................................................................................................................................24
Index ..........................................................................................................................................................................................25
7. History of the Annual Economic Report of Faulkner County
This year marks the 65th
annual presentation to the Conway Rotary Club of the Faulkner County Annual
Economic Report. Thomas Wilson, CEO of First State Bank and Trust, made the first presentation in 1952 and
continued it for 35 years until 1986. Dr. Morris Lamberson, Professor of Business at the University of Central
Arkansas, continued the report for 9 years. In 1995, Dr. Roger Lewis, then Director of Institutional Research at
UCA, presented the report. Dr. Lewis retired from UCA but has continued the report with the support of UCA’s
College of Business and the assistance of student interns for the last ten years. Last year was Dr. Lewis’ twenty-
first presentation. This year (calendar 2016) Dr. Pat Cantrell will begin giving the presentation. The Faulkner
County Annual Economic Report has become a featured program for the Conway Rotary Club and attracts
many guests.
Intern Recognition
N’Golo Ouattara 2015
Stacey Spinks 2014
Papy Lucien 2013
Britney Logan 2012
Stephan Gross 2011
David Teaster 2010
Giezi Nunez 2009
Mark Senia 2008
Emily Leathers 2007
Roby Butler 2006
Amber Hall 2005
10. 2014-15 Percent Unemployed by Month* Average Annual Unemployment Rate*
U.S Not U.S. Arkansas Not Arkansas Faulkner Cnty. Conway Not U.S Not
Arkansas
Not
Faulkner
Cnty. Not
Seasonally Seasonally Seasonally Seasonally Not Seasonally Seasonally Seasonally Seasonally Seasonally Conway Not
Month Adjusted Adjusted Adjusted Adjusted Adjusted Adjusted Year Adjusted Adjusted Adjusted Seasonally Adjusted
December 2015 4.8 5.0 4.6 4.8 4.3 4.0 2015 5.3 5.3 5.0 4.7
November 4.8 5.0 4.4 5.0 4.2 3.9 2014 6.2 6.4 5.9 5.8
October 4.8 5.0 4.6 5.1 4.4 4.2 2013 7.4 7.3 6.9 6.9
September 4.9 5.1 4.8 5.2 4.5 4.3 2012 8.1 7.3 6.6 6.4
August 5.2 5.1 5.0 5.4 4.6 4.4 2011 8.9 7.9 7.0 6.7
July 5.6 5.3 5.9 5.6 5.3 5.1 2010 9.6 7.9 7.2 6.1
June 5.5 5.3 5.6 5.7 5.2 4.9 2009 9.3 7.5 6.6 5.7
May 5.3 5.5 5.6 5.8 5.3 5.1 2008 5.8 5.4 4.7 4.0
April 5.1 5.4 5.4 5.7 5.0 4.7 2007 4.6 5.2 4.3 3.7
March 5.6 5.5 5.8 5.6 5.3 5.0 2006 4.6 5.3 4.5 3.8
February 5.8 5.5 6.0 5.6 5.5 5.1 2005 5.1 5.1 4.4 3.7
January 2015 6.1 5.7 6.5 5.6 5.9 5.6 2004 5.5 5.6 4.9 4.2
Average 5.3 5.3 5.4 5.4 5.0 4.7 2003 6.0 5.8 5.4 4.6
* Percentage of the work force unemployed, seasonally adjusted for Monthly Rates for
US and Arkansas but not seasonally adjusted for Faulkner County and Conway City
** Preliminary Data
3
Annual Unemployment Rates - 2006 Through 2015
10.0
9.5
9.0
8.5
8.0
7.5
7.0
6.5
6.0
5.5
5.0
4.5
4.0
Arkansas 5.4
U.S. 5.3
Faulkner Cnty. 5.0
Conway 4.7
3.5
3.0
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015
6.8
2014 -15 Monthly Unemployment Rates*
6.3
5.8
5.3
4.8
4.3
3.8
January2015 February March April May June July Aug. September October November December2015
U.S Not Seasonally Adjusted Arkansas Not Seasonally Adjusted
Faulkner Cnty. Not Seasonally Adjusted Conway Not Seasonally Adjusted
11. 4
2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 Total Avg.
Single Family 488 407 314 192 259 223 153 186 147 119 147 2,635 240
Duplex* 24 27 90 52 28 58 2 32 12 16 8 349 32
Multi-Family 1,010 168 44 689 846 668 12 112 92 78 3,719 372
Total Units 1,522 602 448 933 1,133 949 167 330 251 213 155 6,703 651
Year 2004 2005 2006 2007 2008 2009 2010 2011 2012 2014* 2015
Faulkner County
Real Estate Sales*
$ 431,611,485 $ 488,112,667 $ 504,828,788 $ 529,141,484 $ 348,258,667 $ 311,856,667 $ 392,849,696 $ 366,677,826 $ 302,236,688 $ 385,776,879 $ 438,256,800
Percent Change
from Previous Year
13.1% 3.4% 4.8% -34.2% -10.5% 26.0% -6.7% -17.6% 27.6% 13.6%
* Based on Revenue Stamps sold on real estate transfers
** Not available for 2013
Building Permits Issued in Conway
*The number of duplex units is one-half the number of family units
$432
$488 $505 $529
$348
$312
$393 $367
$302
$386
$438
$-
$100
$200
$300
$400
$500
$600
2004 2005 2006 2007 2008 2009 2010 2011 2012 2014* 2015
Faulkner County Real Estate Sales*
(In Million Dollar)
488 407
314
192 259 223 153 186
147 119 147
24
27
90
52
28 58
2
32
12 16 8
1,010
168
44
689
846
668
12
112
92 78
2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015
Single Family Duplex* Multi-Family
12. Year Residential** Non-Residential*** Total
% Change From
Previous Year
2015 $40,353,840 $74,538,251 $114,892,091 -18.2
2014 $35,235,993 $105,149,508 $140,385,501 27.0
2013 51,057,901 59,514,461 110,572,362 -4.1
2012 38,601,891 76,647,458 115,249,349 -11.6
2011 36,237,096 94,141,267 130,378,363 -13.5
2010 74,902,236 75,749,095 150,651,331 3.1
2009 80,731,158 65,421,334 146,152,492 3.6
2008 82,193,006 58,892,017 141,085,023 17.6
2007 NA NA 119,924,087 -24.4
2006 NA NA 158,592,893 -20.1
2005 NA NA 198,545,106 40.5
2004 96,007,675 45,299,010 141,306,685 3.7
2003 95,455,494 40,871,790 136,327,284
*UCA and other state agencies are not included.
** Includes single family homes, duplexes and multi-family units
*** Includes institutional, commercial, industrial and temporary buildings and demolition
Data is not available for 2005, 2006, 2007 by type of construction
$115
$140
$111
$115
$130
$151$146
$141
$120
$159
$199
$141
$136
2015201420132012201120102009200820072006200520042003
Value of Building Permits*
(In Million Dollars)
5
13. 122,426 121,536
113,237
104,500
86,014
64,313
60,006 58,908
63,016
52,262
46,192
43,167
31,578
25,289 24,303
15,510
26,328
20,375
8,610 9,791
Population of Conway and Faulkner County
1950 1960 1970 1980 1990 2000 2005* 2010 2014** 2015***
Conway Faulkner County
1950 1960 1970 1980 1990 2000 2005* 2010 2014** 2015***
Conway 8,610 9,791 15,510 20,375 26,328 43,167 52,262 58,908 63,016 64,313
Faulkner County 25,289 24,303 31,578 46,192 60,006 86,014 104,500 113,237 122,426 121,536
* A special census was taken for Conway in 2005 and Faulkner County historically has been approximately twice that of Conway.
** Estimated based on residential electric meters in Conway and US Bureau of Censes for 2013 extrapolated to 2014 for the County.
***Data comes from metroplan
FaulknerCounty
Births and Deaths Per Year*
Year Births Deaths Net Gain
Birth to
Death Ratio
ArkansasBirth
to Death Ratio
2014 1522 902 620 1.7 1.3
2013 1536 887 649 1.7 1.5
2012 1555 866 689 1.8 1.5
2011 1533 770 763 2.0 1.5
2010 1583 820 763 1.9 1.5
2009 1538 748 790 2.1 1.5
2008 1511 759 752 2.0 1.5
2007 1481 737 744 2.0 1.5
2006 1,530 726 804 2.1 1.4
2005 1,398 717 681 1.9 1.4
2004 1,365 684 681 2.0 1.3
eleven Year
Summary 16,552 8,616 7,936 1.9 1.4
* Birth and death figures are derived from birth and death certificates place
of residents, not from where the birth or death took place.
6
14. Faulkner County Property Tax Assessment Values
Real Property
Year
RealEstate
Assessed
Values
1
RealEstate
EffectiveValue
2
Minerals
3
Utilities
TotalEffective
Value
2
2015 $1,359,117,435 $1,309,387,783 $37,538,180 $81,636,550 $1,428,562,513
2014 $1,329,720,037 $1,273,086,965 $37,082,150 $76,264,668 $1,386,433,783
2013 1,314,671,536 1,248,291,474 63,987,680 73,504,044 1,385,783,198
2012 1,293,322,090 1,210,357,419 47,774,400 70,160,812 1,328,292,631
One Year
Increase
2014-15
$29,397,398 $36,300,818 $456,030 $5,371,882 $42,128,730
Percent
Increase
2.2% 2.9% 1.2% 7.0% 3.04%
Three Year
Increase:
$65,795,345 $99,030,364 -$10,236,220 $11,475,738 $100,269,882
Percent
Increase
5.1% 8.2% -21.4% 16.4% 7.5%
Personal Property
Year Automobiles Other Business Total
2015 $193,529,700 $356,180 $224,574,160 $418,460,040
2014 197,049,070 329,600 223,084,530 420,463,200
2013 188,456,420 339,410 217,103,730 405,899,560
2012 179,407,010 358,230 228,403,610 408,168,850
One Year
Increase
2014-15
-$3,519,370 $26,580 $1,489,630 -$2,003,160
Percent
Increase
-1.8% 8.1% 0.7% -0.5%
Three Year
Increase:
$14,122,690 -$2,050 -$3,829,450 $10,291,190
Percent
Increase
7.9% -0.6% -1.7% 2.5%
1. Value determined by appraisers
2. Value after applying provisions of Act 79 freezing assessed values for home owners 65 years of age and
caps the amount increase in assessed value from reappraisal to 5% for home owners (Home Stead Act)
and 10% for all other real estate.
3. Based on the value of production
7
15. Cost of Living Comparison of Conway Arkansas to
the National Average and Selected Cities for 2015
1
Percent of National Average
Cities Composite
Equivalent to
$50,000 Salary Groceries Housing Utilities Transportation Health Miscellaneous Home Apartment
Weight of each component2
100% in Conway 13.56% 27.02% 10.30% 12.35% 4.60% 32.17% Price3
Rent 4
Conway AR 96.0 50,000 98.2 81.7 88.0 95.6 90.9 111.0 $262,365 $678
Fayetteville AR 89.3 46,510 93.4 77.7 103.6 93.7 91.4 91.2 250,717 644
Hot Springs AR 92.1 47,969 97.2 77.2 102.2 90.1 90.8 100.7 252,296 623
Jonesboro AR 87.4 45,521 92.5 77.4 92.8 88.0 86.0 92.3 244,035 699
Little Rock-N Little Rock AR 96.4 50,208 93.8 92.4 113.7 94.3 85.0 97.9 291,288 789
8
Memphis TN 85.5 44,531 91.5 68.6 95.5 89.6 88.2 92.4 202,312 705
New York (Manhattan) NY 225.8 117,604 125.2 457.7 130.0 128.3 115.8 149.6 1,445,357 3,965
San Jose CA 150.2 78,229 120.0 245.4 125.9 111.5 116.7 106.9 846,155 1,868
Seattle WA 138.2 71,979 121.5 184.2 105.1 119.2 120.6 125.6 544,515 1,963
St. Louis MO 93.1 48,490 104.3 72.3 116.5 99.2 101.0 95.4 206,647 832
Washington-Arlington VA 145.9 75,990 110.0 248.7 96.5 111.7 94.3 107.4 797,020 2,069
National Average 100 52,083 100.0 100.0 100.0 100.0 100.0 100.0 309,854 933
1. The national average cost for each index area is set at "100", and the indices for each city are then calculated based upon their relation to the national average.
2. Percentage that each component contributes to the composite cost of living
3. Average home price for a 2400 Sq/ft for a four bedroom two bath new home on a 8,000 Sq. Ft. lot
4. Average rent for a 950 Sq. Ft. two bedroom,1-1/2 of 2 baths unfurnished apparent, excluding utilities except water
Data source: ACCRA - A nonprofit research organization, Arlington Virginia
16. City Population
2
Murder & No
negligent
Manslaughter Forcible Rape3
Robbery
Aggravated
Assault
Total
Violent
Crimes Burglary
Larceny-
theft
Motor Vehicle
Theft
Total
Property
Crimes
Conway 2014 64,895 1 27 62 167 257 501 2,347 160 3,008
Crimes per Thousand 0.02 0.42 0.96 2.57 3.96 36.17 2.47 46.35 46.35
Conway 2013 64,060 1 22 49 167 239 367 2,299 108 2,774
Crimes per Thousand 0.02 0.34 0.76 2.61 3.73 5.73 35.89 1.69 43.30
Conway 2012 60,700 1 29 76 146 252 410 2,028 101 2,539
Crimes per Thousand 0.02 0.48 1.25 2.41 4.15 6.75 33.41 1.66 41.83
Conway 2010
61,425 4 21 49 183
257
444 2,068 91
2,603
Crimes per Thousand 0.07 0.34 0.80 2.98 4.18 7.23 33.67 1.48 42.38
Fayetteville 2014 80,263 1 45 45 308 399 544 2,597 253 3,394
Crimes per Thousand 0.01 0.56 0.56 3.84 4.97 6.78 32.36 3.15 42.29
Fayetteville 2013 77,900 3 33 33 270 339 975 3447 199 4,621
Crimes per Thousand 0.04 0.42 0.42 3.47 4.35 12.52 44.25 2.55 59.32
Fayetteville 2012 75,387 1 58 40 289 388 2,406 133 7 3,043
Crimes per Thousand 0.01 0.77 0.53 3.83 5.15 31.92 1.76 0.09 40.37
Fayetteville 2010 79,237 1 55 37 235 328 465 2,168 113 2,746
Crimes per Thousand 0.01 0.69 0.47 2.97 4.14 5.87 27.36 1.43 34.66
Fort Smith 2014 87,989 4 74 106 479 663 866 3,625 181 4,672
Crimes per Thousand 0.05 0.84 1.20 5.44 7.54 9.84 41.20 2.06 53.10
Fort Smith 2013 87,821 4 79 94 429 606 975 3447 199 4,621
Crimes per Thousand 0.05 0.90 1.07 4.88 6.90 11.10 39.25 2.27 52.62
Fort Smith 2012 87,483 7 69 95 518 689 3,524 183 10 4,771
Crimes per Thousand 0.08 0.79 1.09 5.92 7.88 40.28 2.09 0.11 54.54
Fort Smith 2010 86,096 6 74 124 463 661 1,073 3,530 212 4,815
Crimes per Thousand 0.07 0.86 1.44 5.38 7.68 12.46 41.00 2.46 55.93
Jonesboro 2014 72,569 9 55 61 255 380 681 2,409 82 3,172
0.12 0.76 0.84 3.51 5.24 9.38 33.20 1.13 43.71
Jonesboro 2013 71,114 2.00 36 58 217 313 979 1930 86 2,995
0.03 0.51 0.82 3.05 4.40 13.77 27.14 1.21 42.12
Jonesboro 2012 68,807 4 21 78 192 295 1,889 102 12 3,157
0.06 0.31 1.13 2.79 4.29 27.45 1.48 0.17 45.88
Jonesboro 2010 67,382 2 22 56 215 295 1,213 1,619 69 2,901
Crimes per Thousand 0.03 0.33 0.83 3.19 4.38 18.00 24.03 1.02 43.05
Little Rock 2014 198,217 43 138 729 1,849 2,759 3,068 10,320 865 14,253
Crimes per Thousand 0.22 0.70 3.68 9.33 13.92 15.48 52.06 4.36 71.91
Little Rock 2013 197,399 35 119 944 1679 2777 3,794 10,655 1080 15,529
Crimes per Thousand 0.18 0.60 4.78 8.51 14.07 19.22 53.98 5.47 78.67
Little Rock 2012 196,055 21 72 338 799 1,230 338 799 87 15,804
Crimes per Thousand 0.11 0.37 1.72 4.08 6.27 1.72 4.08 0.44 80.61
Little Rock 2010 192,922 25 149 859 779 1,812 4,241 9,440 1,115 14,796
Crimes per Thousand 0.13 0.77 4.45 4.04 9.39 21.98 48.93 5.78 76.69
North L. Rock 2014 67,031 8 14 86 318 426 517 2,126 203 2,846
Crimes per Thousand 0.12 0.21 1.28 4.74 6.36 7.71 31.72 3.03 42.46
North L. Rock 2013 65,398 13 11 138 299 461 864 2,762 275 3,901
Crimes per Thousand 0.20 0.17 2.11 4.57 7.05 13.21 42.23 4.21 59.65
North L. Rock 2012 63,125 8 9 177 255 449 3,894 373 10 5,471
Crimes per Thousand 0.13 0.14 2.80 4.04 7.11 61.69 5.91 0.16 86.67
North L. Rock 2010 60,129 6 14 184 358 562 1,136 3,618 334 5,088
Crimes per Thousand 0.10 0.23 3.06 5.95 9.35 18.89 60.17 5.55 84.62
Rogers 2014 61,105 0 32 17 161 210 218 1,493 66 1,777
Crimes per Thousand 0.00 0.52 0.28 2.63 3.44 3.57 24.43 1.08 29.08
Rogers 2013 59,787 0 31 11 166 208 225 1,453 31 1,709
Crimes per Thousand 0.00 0.52 0.18 2.78 3.48 3.76 24.30 0.52 28.58
Rogers 2012 57,757 0 43 11 148 202 54 1,675 5 1,734
Crimes per Thousand 0.00 0.74 0.19 2.56 3.50 0.93 29.00 0.09 30.02
Rogers 2010 4
61,417 2 50 11 156 217 1,629 44 1,673
Crimes per Thousand 0.03 0.81 0.18 2.54 3.53 0.00 26.52 0.72 27.24
Total 2014 632,069 66 385 1,106 3,537 5,094 6,395 24,917 1,810 33,122
0.10 0.61 1.75 5.60 8.06 10.12 39.42 2.86 52.40
Total 2013 623,479 58 331 1,327 3,227 4,943 8,179 25,993 1,978 36,150
0.09 0.53 2.13 5.18 7.93 13.12 41.69 3.17 57.98
Total 2012 609,314 42 301 815 2,347 3,505 12,515 5,293 232 39,568
0.07 0.49 1.34 3.85 5.75 20.54 8.69 0.38 64.94
Total 2010 608,608 46 385 1,320 2,389 4,132 8,572 24,072 1,978 34,622
Crimes per Thousand 0.08 0.63 2.17 3.93 6.79 14.08 39.55 3.25 56.89
All Cities in Arkansas that report crimes
State Total 2014 2,966,369 165 1,763 2,050 10,265 14,243 24,790 68,627 5,601 99,018
Crimes per Thousand 0.06 0.59 0.69 3.46 4.80 8.36 23.14 1.89 33.38
State Total 2013 2,959,373 159 1,423 2,258 9,718 13,558 30,485 70,450 5,678 106,613
Crimes per Thousand 0.05 0.48 0.76 3.28 4.58 10.30 23.81 1.92 36.03
State Total 2012 2,949,131 173 1,247 2,320 10,095 13,835 31,890 70,327 5,724 107,941
Crimes per Thousand 0.06 0.42 0.79 3.42 4.69 10.81 23.85 1.94 36.60
State Total 2010 2,915,918 138 1,312 2,372 10,913 14,735 32,511 65,720 5,544 103,775
Crimes per Thousand 0.05 0.45 0.81 3.74 5.05 11.15 22.54 1.90 35.59
1. Because of changes in the state/local agency's reporting practices, figures are not comparable to previous years' data.
2. Populations are U.S. Census Bureau provisional estimates as of July 1, 2008 and July 1 2009.
3. The Uniform Crime Reporting (UCR) definition of forcible Rape has changed for 2013.Previously, offense data for forcible rape was collected under the legacy UCR
definition: the carnal knowledge of a female forcibly and against her will. Beginning with the 2013 data year, the term “forcible” was removed from the offense title,
and the definition was changed. The revised UCR definition of Rape is: Penetration, no matter how slight, of the vagina or anus with any body part or object, or oral
penetration by a sex organ of another person, without the consent of the victim. Attempts or assaults to commit rape are also included; however, statutory rape and
incest are excluded.
4. The FBI determined that the agency's data were over reported. Consequently, those data are not included in this table.
Crimes per Thousand
Crimes per Thousand
Crimes per Thousand
FBI 2010 Crime Statistics for Arkansas Cities Over 50,000 Population
(Offenses Known to Law Enforcement)
Comparing Conway to Cities in Arkansas over 50,000 Population1
Violent Crimes Property Crime
Crimes per Thousand
Crimes per Thousand
Crimes per Thousand
9
17. Utilities
Conway Corporation
Revenues, Capital Expenditures and Number of Customers
All Departments
Capital
Residential
Electric Customers
Total
Electric Customers
Population
Year Revenue* Expenditures* Number % Increase Number % Increase Estimate
2016 ** 111.8 13.9 28,044 7.0 31,124 3.9
2015 107.9 16.3 26,209 -1.8 29,957 0.7 64,313
2014 111.0 19.6 26,701 1.0 29,752 1.0 63,014
2013 107.1 12.6 26,426 1.2 29,468 1.2 62,365
2012 104.1 9.2 26,124 0.0 29,130 0.1 61,653
2011 103.7 7.6 26,114 3.5 29,115 3.3 61,629
2010 95.1 10.3 25,237 3.2 28,185 3.0 58,908***
2009 92.6 10.6 24,464 4.3 27,377 4.0 60,671
2008 88.3 9.4 24,195 4.9 26,936 4.2 60,004
2007 84.4 9.6 23,062 3.3 25,857 3.0 57,194
2006 81.1 7.9 22,316 5.8 25,106 5.5 55,344
2005 70.9 9.0 21,102 3.4 23,795 3.2 52,262***
2004 60.0 12.5 20,399 2.7 23,051 3.1
2003 54.8 11.7 19,863 4.7 22,363 4.3
2002 56.9 7.1 18,974 2.7 21,445 2.6
2001 55.7 10.7 18,479 1.8 20,893 1.8
1995 37.7 4.3 13,897 15,732
* In million dollars
** 2016 figures are projected by Conway Corporation personnel.
*** Actual Population
According to the 2010 census, Conway's population was 58,908 and there were 25,237 residential electric meters or 2.36 residents per meter.
Faulkner County Population Estimate
Year
Conway Corp.
Number of
Meters
Residents Per
Meter
Est.
Conway
Population
Est.
Population
Outside
Conway
Est. County
Population
2015 26,209 2.334 61,172 56,632 117,804 **
2014 26,701 2.334 63,014 58,986 122,000 **
2013 26,426 2.334 62,365 57,153 119,518 **
2012 26,124 2.334 61,653 57,051 118,704 **
2011 26,114 2.334 61,629 54,853 116,482 **
2010 25,237 2.33 58,908 * 54,329* 113,237 *
2009 24,464 2.48 60,671
2008 24,195 2.48 60,004
2007 23,062 2.48 57,194
2006 22,316 2.48 55,344
2005 21,102 2.48 52,262
* Population from census data
** Source: University of Arkansas Little Rock, Institute for Economic Advancement.
Previous estimates based on 2.48 residents per electric meter
10
18. Faulkner County and Conway Sales Tax Receipts 1
Faulkner County 1/2% Sales Tax Receipts*
Month 2010 2011 2012 2013 2014 2015
January $ 554,082 $ 574,339 $651,910 $638,279 $600,465 $641,792
February 605,008 594,204 690,694 669,691 642,286 659,607
March 594,801 710,620 763,331 728,079 791,162 772,284
April 683,639 673,246 734,063 739,880 671,563 737,971
May 625,624 682,182 686,072 744,590 781,785 705,022
June 668,612 709,622 696,357 727,944 726,685 793,082
July 665,510 688,259 711,714 696,356 720,510 851,040
August 693,033 718,608 717,141 712,406 761,772 752,441
September 669,987 712,808 706,588 713,845 770,904 733,699
October 647,896 705,747 681,433 711,487 723,963 759,797
November 657,426 675,614 660,842 687,686 710,137 694,983
December 768,608 834,052 765,541 818,592 872,877 849,329
Total 7,834,224 8,279,302 $8,465,686 $8,588,835 $8,774,109 $8,951,047
Increase over previous year $445,078 $186,384 $123,149 $185,274 $176,938
PercentIncrease 5.7% 2.3% 1.5% 2.2% 2.0%
* Net after distribution to other municipalities.
Conway 1.75% Sales Tax
Month 2010 2011 2012 2013 2014 2015
January $ 1,579,517 $ 1,513,760 $1,735,785 $1,745,284 $1,617,654 $1,709,744
February 1,724,774 1,631,187 1,786,056 1,804,699 1,713,294 1,815,999
March 1,858,424 1,932,317 2,047,986 1,988,118 2,122,659 2,003,158
April 1,809,500 1,816,799 1,950,077 1,951,156 1,769,596 2,053,607
May 1,860,713 1,911,022 1,863,254 2,029,242 2,122,610 1,899,776
June 1,829,278 1,895,993 1,960,705 2,009,744 1,919,615 2,146,665
July 1,762,694 1,813,963 1,855,774 1,808,224 1,901,417 2,027,905
August 1,998,268 1,951,403 1,946,705 1,914,161 1,972,633 2,079,803
September 1,761,882 1,883,866 1,929,990 1,883,448 2,033,168 1,955,250
October 1,759,175 1,862,556 1,849,793 1,938,156 1,934,766 2,044,880
November 1,784,666 1,842,520 1,853,144 1,863,083 1,885,587 1,901,883
December 2,139,213 2,321,068 2,164,894 2,300,576 2,423,269 2,389,685
Total 21,868,103 22,376,453 $22,944,163 $23,235,891 $23,416,268 $24,028,355
Increase over previous year $508,350 $567,710 $291,728 $180,377 $612,087
PercentIncrease 2.3% 2.5% 1.3% 0.8% 2.6%
2015 Sales Taxes Receipts for Other Faulkner County Estimated Retail Sales for 2015
FaulknerCountyMunicipalities City Amount % of Total
Greenbrier 2% $2,004,952 Conway $1,438,127,625 80.3%
Vilonia 2.5% 1,125,410 Greenbrier 105,057,253 5.9%
Mayflower 2% 704,367 Mayflower 36,907,321 2.1%
Guy 2% 57,876 Vilonia 47,160,077 2.6%
Damascus 1% 146,132 Guy 4,044,670 0.2%
Damascus 15,342,379 0.9%
Non-TaxAreas 143,570,075 8.0%
Total $1,790,209,400 100.0%
1. This data is the sales tax receipts that each entity receives and differs from the actual collections. The sales
tax is collected by the state and distributed to the various municipal entities. The state retains about three
percent for administration and adjustments. Also the distributions lag two months from collections.
For example, the amount that municipality receives in January is actually the tax collected for sales in
November.
11
19. Conway Advertising and Promotion Tax Collections on
Restaurant and Hotel Sales
1
Restaurant 2 % Tax Revenue* Hotel 2% Tax Revenue*
Month 2011 2012 2013 2014 2015 2011 2012 2013 2014 2015
January $204,514 $227,615 $231,933 $244,454 $275,056 $22,515 $26,857 $20,241 $25,130 $21,953
February 225,218 249,426 240,565 248,727 280598.6 25,287 29,757 22,757 26,300 23,503
March 248,308 271,173 269,815 279,611 269,185 32,779 36,785 32,081 31,362 25,778
April 287,196 258,276 274,093 292,629 289,899 33,249 28,063 39,651 37,308 32,749
May 286,617 271,757 271,103 285,853 294,738 38,421 39,568 42,450 43,872 37,070
June 237,417 268,393 266,501 273,058 300,728 37,965 39,182 37,518 41,695 37,131
July 251,734 253,877 242,993 282,850 308,719 33,525 33,774 36,815 33,391 38,453
August 240,716 251,981 263,895 277,608 272,467 32,598 30,745 28,951 29,464 35,327
September 239,759 245,281 249,920 272,893 298,652 30,771 27,744 28,523 30,191 28,333
October 255,232 238,731 251,827 275,803 297,130 34,584 29,704 26,362 32,348 27,552
November 237,650 247,347 257,687 265,941 287,383 27,851 24,110 26,242 30,949 29,622
December 273,155 259,989 258,392 275,056 280,557 23,698 23,140 20,756 22,405 24,794
Total $2,987,515 $3,043,846 $3,078,724 $3,274,482 $3,455,112 $373,243 $369,428 $362,346 $384,414 $362,264
Estimated Sales $144,646,055 $153,404,637 $156,669,398 $176,265,275 $172,755,618 $18,662,136 $18,683,676 $18,559,308 $19,336,169 $18,113,216
1 Does not include sales of alcoholic beverages
2.Gross Tax Collections, restaurant owners receive a 2% discount if paid on time.
Increase over
Previous Year $8,758,582 $3,264,761 $19,595,877 -$3,509,657
Percent
Increase 7.0% 6.1% 2.1% 12.5% -2.0%
*Include tax on alcoholic beverage sales
Alcoholic Beverage Sales
Percent of Total
Year Tax Collections Total Sales Sales
2015 422,016.28 $8,440,326 4.9%
2014 395968.4 $7,919,368 4.5%
2013 400512.1 $8,010,242 5.1%
2012 397243.7 $7,944,874 5.2%
2011 347232.4 $6,944,648 4.8%
12
20. Number of Banking Institutions in Faulkner County
and Total Deposits 2004-2015*
(Deposits and Amount of Increase in Thousand Dollars)
Number of Number of Total Amount of Percent
Institutions Offices Deposits Increase Increase
2015 15 55 $1,785,997 $41,165 2.4
2014 15 58 $1,744,832 $147,956 9.3
Eleven Year Increase
(2004-2015)
2013 17 62 1,596,876 -50,616 -3.1 Number Percent
2012 15 62 1,647,492 6,436 0.4 Institutions 1 7.1
2011 15 60 1,641,056 58,077 3.7
2010 15 58 1,582,979 120,960 8.3 Offices 7 14.6
2009 15 57 1,462,019 101,304 7.4
2008 15 58 1,360,715 8,761 0.6 Deposits $679,322 61.4
2007 15 57 1,351,954 28,365 2.1
2006 15 52 1,323,589 77,686 6.2
2005 14 48 1,245,903 139,228 12.6
2004 14 48 1,106,675
Bank Earnings of Institutions
Represented in Faulkner County*
(Year to Date as of June 30)
% Return on Assets % Return on Equity (ROE)
2012 2013 2014 2015 2011 2012 2013 2014 2015
Fort Sill National Bank 1.89 2.12 2.89 19.05 19.74 21.17
First Security Bank 2.38 2.34 2.22 1.73 22.95 20.88 18.97 16.96 16
Bank of the Ozarks** 2.04 2.18 2.05 2.26 33.73 16.02 15.20 14.70 15.25
US Bank 1.60 1.68 1.46 1.34 14.26 15.71 15.05 13.67 13.33
Centennial Bank 1.60 1.74 1.70 1.75 11.84 12.96 14.48 12.71 13.19
First Arkansas Bank 2.24 2.30 2.06 0.75 12.39 13.34 12.92 11.02 3.86
Delta Trust 1.02 10.53
First Service Bank 0.77 1.13 1.04 1.13 12.03 6.36 8.88 8.33 10.93
Regions Bank 1.07 1.17 1.13 0.82 2.51 8.19 8.58 8.23 6.11
Eagle Bank Trust Company**** 0.93 0.77 0.86 0.69 9.47 8.63 7.12 8.22 5.91
Simmons First National Bank 0.84 0.72 0.79 0.92 6.50 8.18 7.75 7.74 7.47
Arvest Bank 0.39 1.00 0.83 0.43 6.67 3.78 9.39 7.53 4.08
Bank of America 0.95 1.23 0.85 1.20 4.60 7.78 10.03 6.85 9.45
Home Bank of Arkansas 0.38 0.24 0.29 0.64 5.47 2.70 -2.30 2.58 6.29
River Town Bank 0.29 -0.03 0.19 0.20 5.472.70 -2.30 1.77 1.73
Average*** 1.19 1.31 1.24 1.20 11.38 9.79 10.20 10.04 9.63
* Earnings are for each bank corporation, not limited to Faulkner County operation and displayed only for the years operating in Faulkner County
** Ranked in descending order of 2014 return on assets.
*** Not a weighted average
**** Formerly Heber Springs State Bank
Data Source: Federal Deposit Insurance Corporation
Return on assets (ROA) Net income after taxes and extraordinary items (annualized) as a percent of average total assets.
Return on Equity (ROE) Annualized net income as a percent of average equity (includes preferred and common stock, surplus and
undivided profits) on a consolidated basis.
13
21. Bank Deposits and Market Share for Faulkner County Banks
(In Thousand Dollars)
Jun-14 June 2015 2014 to 2015
Number of Market Number of Market Increase in Deposits
Institution** Offices Deposits*** Share % Offices Deposits*** Share % Amount Percent
First Security Bank 9 $520,798 29.85 9 $557,084 31.19 36,286 7
Centennial Bank 14 549,733 31.51 14 547,107 30.63 -2,626 -0.5
Regions Bank 5 155,760 8.93 5 149,886 8.39 -5,874 -3.8
Simmons 4 114,275 6.55 5 125,079 7 10,804 9.5
Arvest Bank 5 101,607 5.82 4 104,272 5.84 2,665 2.6
Bank of America 1 78,138 4.48 1 83,923 4.7 5,785 7.4
Bank of the Ozarks 5 70,599 4.05 4 70,102 3.93 -497 -0.7
First Service Bank of Greenbrier 2 41,456 2.38 2 43,039 2.41 1,583 3.8
Home Bank of Arkansas 3 30,202 1.73 3 39,676 2.22 9,474 31.4
US Bank 2 29,220 1.67 2 30,460 1.71 1,240 4.2
First Arkansas Bank & Trust 3 27,515 1.58 3 27,286 1.53 -229 -0.8
River Town Bank 2 10,221 0.59 1 5,282 0.3 -4,939 -48.3
Eagle Bank and Trust Company 1 3,470 0.2 1 2,639 0.15 -831 -23.9
Fort Sill National Bank 1 73 0 1 162 0.01 89 121.9
Delta Trust & Bank
1
1 11,765 0.67 -11,765 -100
Metropolitan
2
0
National Bank of Arkansas
3
0
Summit Bank 0
Total 58 $1,744,832 100 55 $1,785,997 100 $41,165 2.4
1. Simmons acquired Metropolitan Bank before June 2014 and then Delta Trust after June 2014
2. Arrvest acquired National Bank of Arkansas
3. Bank of the Ozarks acquired Summit Bank
The deposits and number of offices for banks in 2013 that merged in 2014 are folded into 2013 data.
$600,000
$500,000
Faulkner County Bank Deposits
In Thousands of Dollars
$400,000
$300,000
$200,000
$100,000
$0
2014 2015
14
22. 1
15
Faulkner County Motor Vehicle Registration
In Thousands
113.7
108.6
97.4
90.9 92.7
84.4
86.9 89.1
80.7
75.3 75.9
78.7
70.7
64.8 66.2 68.3
51.1
39.0
Faulkner County Motor Vehicle Registration*
Year
Motorized
Vehicles** Cycles Total Increase % Increase
2015 113,739 3,373 117,112 4,984 4.44
2014 108,599 3,529 112,128 14,703 15.09
2013 94,417 3,008 97,425 4,772 5.15
2012 86,515 2,924 92,653 1,682 1.85
2011 88,014 2,957 90,971 1,847 2.10
2010 86,267 2,857 89,124 2,235 2.57
2009 84,119 2,770 86,889 2,497 2.96
2008 82,150 2,242 84,392 3,647 4.52
2007 78,448 2,297 80,745 2,068 2.63
2006 76,715 1,962 78,677 2,808 3.70
2005 74,122 1,747 75,869 578 0.77
2004 73,644 1,647 75,291 4,588 6.49
2003 69,398 1,305 70,703 2,434 3.57
2002 67,066 1,203 68,269 2,087 3.15
2001 65,120 1,062 66,182 1,407 2.17
2000 63,863 912 64,775 520 0.81
1999 63,532 723 64,255 2,995 4.89
1998 60,572 688 61,260 6,349 11.56
1997 54,441 470 54,911 1,918 3.62
1996 52,548 445 52,993 1,877 3.67
1995 50,681 435 51,116 3,509 7.37
1994 47,231 376 47,607 3,188 7.18
1993 44,056 363 44,419 2,150 5.09
1992 41,930 339 42,269 1,642 4.04
1991 40,294 333 40,627 1,626 4.17
1990 38,673 328 39,001
*There appears to be inconsistencies in the data for some years.
Data Source: Arkansas Highway and Transportation Department
Includes all four wheel or more vehicles, does not include motorcycles
1. A new system for data collections was implemented by the Arkansas Office of Vehicle
Registration providing more accurate data .
23. Severance Tax State Revenue
State's Gross Natural Gas Severance Tax Revenue by Month
1
Month/Year 2009 2010 2011 2012 2013 2014 2015
January $3,520,721 $3,716,094 $3,366,206 $5,290,146 $6,591,657 $6,275,322
February 4,164,290 5,057,577 6,049,898 5,428,512 6,087,095 3,193,462
March 2,688,512 5,850,846 5,107,397 3,723,185 4,689,673 7,293,804 8,696,709
April 2,214,303 4,792,180 4,704,608 2,648,547 4,305,873 9,139,768 3,479,692
May 2,923,238 4,998,390 4,554,209 2,946,382 5,262,596 8,749,467 4,002,698
June 2,282,888 4,194,603 5,013,655 2,372,448 5,831,915 7,606,041 9,135,317
July 3,103,538 4,425,026 5,611,603 2,159,688 6,278,703 8,444,932 3,487,266
August 1,937,861 4,281,839 5,340,008 2,591,698 5,931,300 7,861,591 3,600,940
September 3,514,729 5,145,005 5,482,001 3,615,969 5,391,222 7,560,565 3,790,395
October 3,006,797 5,127,797 5,348,209 3,965,321 4,983,410 6,694,083 3,756,455
November 2,309,699 3,812,008 5,129,143 3,411,492 4,970,294 5,468,644 3,242,846
December 3,487,406 4,172,116 3,841,379 4,110,094 4,322,268 7,821,039 2,984,559
Total $27,468,970 $54,484,821 $58,905,883 $40,960,928 $62,685,914 $89,318,685 $55,647,676
MonthlyAverage** 2,746,897 $4,540,402 $4,908,824 $3,413,411 $5,223,826 $7,443,224 $4,637,138
Amount Collected Since March 2009 $389,472,877
* The new severance tax went into effect January 2009.
1. The distribution month is two months after the production
month, for example, taxes on January production are paid
in February and recorded in March.
Data source, Arkansas Department of Finance and Administration
The new severance tax rate began March 2009
Annual Severance Tax State Revenue
Year GrossRevenue
2015 $55,647,676
2014 $89,318,685
2013 62,685,914
2012 40,670,199
2011 58,905,883
2010 54,484,821
2009 27,468,970
2008 1,314,723
2007 800,330
2006 603,753
2005 530,737
2004 516,136
2003 506,136
1 New severance tax rates went into effect January 2009.
Revenues for January were paid in February and reported in March and distributed in April
Five percent of the revenues go to the State General Funds and ninety-five percent goes
to the Arkansas Department of Highways and Transportation (ADHT). Fifteen percent
of ADHT's share goes to counties and fifteen percent to local municipalities.
Data Source: Arkansas Department of Finance and Administration
16
24. COUNTY AND MUNICIPAL HIGHWAY SEVERANCE TAX DISTRIBUTION1
Month 2015
Faulkner
County Conway Damascus Enola Greenbrier Guy Holland Mayflower
Mount
Vernon Quitman
Twin
Groves Vilonia Wooster Grand Total
January 27,528 33,744 219 194 2,696 406 319 1,280 83 437 192 2,185 493 $69,774
February 22,099 27,090 176 155 2,164 326 256 1,027 67 350 154 1,754 395 56,014
March 11,207 13,777 89 79 1,101 166 130 522 34 178 78 892 201 28,455
April 30,547 37,553 244 215 3,000 451 355 1,424 92 486 214 2,432 548 77,561
May 12,211 15,004 97 86 1,199 180 142 569 37 194 85 972 219 30,995
June 13,127 16,129 105 93 1,289 194 153 612 40 209 92 1,045 235 33,319
July 31,642 38,879 252 223 3,106 467 368 1,474 96 503 221 2,518 568 80,317
August 12,275 15,083 98 87 1,205 181 143 572 37 195 86 977 220 31,158
September 12,617 15,502 101 89 1,238 186 147 588 38 201 88 1,004 226 32,025
October 13,289 16,298 106 94 1,302 196 154 618 40 211 93 1,056 238 33,694
November 13,432 16,474 107 95 1,316 198 156 625 41 213 94 1,067 241 34,058
December 12,014 14,735 96 85 1,177 177 139 559 36 191 84 954 215 30,462
Total 2015 $211,986 $260,270 $1,688 $1,493 $20,792 $3,128 $2,461 $9,870 $641 $3,367 $1,480 $16,856 $3,800 $537,831
Total 2014 $296,411 $363,837 $2,359 $2,088 $29,066 $4,373 $3,440 $13,798 $896 $4,706 $2,069 $23,563 $5,312 $751,919
Change ($84,425) ($103,568) ($672) ($594) ($8,274) ($1,245) ($979) ($3,928) ($255) ($1,340) ($589) ($6,707) ($1,512) ($214,087)
% Change -28.5% -28.5% -28.5% -28.5% -28.5% -28.5% -28.5% -28.5% -28.5% -28.5% -28.5% -28.5% -28.5% -28.5%
1 Ninety-five percent of the severance tax collections on natural gas goes to the Arkansas Highway and Transportation department. Fifteen percent of this revenue is then distributed
to counties by a formula based on population and miles of road in the county. Another fifteen percent is distributed to municipalities prorated by population
* The new severance tax revenue came into effect January 1, 2009; but the first distribution of taxes received was in April.
17
26. Number of Gas Wells and Severance Tax Rates Effective December 2015*
(All gas wells in Arkansas not limited to the Fayetteville Shale)
Classification Rate*
Conventional Wells:
Number of
Wells
Marginal Production Wells
1
1.25% 2,925
New Discovery Wells for 24 months
2
1.50% 12
Full Rate 5.00% 329
Total 3,266
High Cost Wells:
Marginal Production Wells
1
1.25% 1,615
Payout Extension 24 months
3
1.50% 450
Payout Extension 36 months
3
1.50% 1,363
Full Rate 5.00% 4,163
Total 7,591
Grand Total 10,857
Summary by Tax Rate
Wells at 1.25% 4,540
Wells at 1.5% 1,825
Wells at 5.0% 4,492
Total 10,857
1 A well not capable of producing a specified quantity of gas per day based on the well classification
2 Conventional wells first twenty-four months of production
3.High cost wells first 36 months of production, may be extended for up to 12 months
if costs are not recovered.
* The tax rate is effective January 1, 2009 but the classification of wells is retroactive to January 1, 2006,
for example, a high cost well that began production by January 1, 2006 the tax rate would be 5% of the wellhead price
Number of Wells by County and Status in The Fayetteville Shale Play*
County Active Inactive
Completed
but no
Sales
Temporarily
Abandoned
Plugged &
Abandoned Total
Cleburne 1071 6 9 11 1097
Conway 1181 35 30 1246
Faulkner 439 2 40 12 493
Franklin 11 3 1 2 4 21
Independence 66 1 2 69
Jackson 23 2 25
Johnson 1 4 1 6
Pope 29 1 4 8 42
Sebastian 0 1 1
Stone 0 2 2
Van Buren 1661 1 3 45 27 1737
White 1292 1 2 33 36 1364
Totals 5774 11 14 169 135 6103
* As of February 19 2015
19
27. Arkansas Scholarship Lottery Monthly Sales
2009 2010 2011 2012 2013 2014 2015
Percent
Change
January $40,187,052 $39,663,372 $35,720,404 $32,883,010 $31,924,360 $36,476,593 14.3
February 44,980,222 40,523,209 48,236,552 40,574,842 37,626,325 40,662,722 8.1
March 42,949,970 46,829,907 51,943,837 47,626,491 41,879,126 38,117,268 -9.0
April 38,052,243 38,785,626 39,188,476 38,728,606 36,452,957 33,867,652 -7.1
May 39,106,795 43,660,063 36,934,991 42,313,617 33,516,638 35,738,298 6.6
June 35,359,392 37,935,482 34,570,424 32,160,991 30,543,655 33,121,930 8.4
July 37,961,692 37,721,136 33,367,514 32,483,166 30,630,211 32,720,699 6.8
August 34,963,177 38,235,236 34,809,667 34,366,496 30,712,054 31,235,868 1.7
September 34,375,593 38,181,351 30,622,480 32,483,476 30,252,945 35,992,187 19.0
October $39,311,623 36,716,063 38,132,383 33,691,499 33,037,800 33,918,964 35,016,516 3.2
November 43,538,309 35,501,321 36,031,240 39,480,285 31,289,221 30,324,768 32,489,975 7.1
December 41,292,333 39,762,737 39,180,699 33,679,090 34,985,083 33,469,365 37,439,013 11.9
Total $124,142,265 $459,916,256 $474,879,704 $452,245,215 $432,932,798 $401,251,365 $422,878,718 5.4
Percent Year to Date Change 3.3% -4.8% -4.3% -7.3% 5.4%
Total sales since lottery commenced $2,768,246,323
2015 Monthly Lottery Sales by Municipality in Faulkner County
Conway Greenbrier Mayflower Vilonia Wooster Total
Municipality
2
Vendors Sales Vendors Sales Vendors Sales Vendors Sales Vendors Sales Vendors Sales
January 41 $880,922 10 $199,309 4 $166,085 2 $57,934 1 $12,598 58 1,316,848
February 42 970,155 10 196,928 4 169,395 2 66,863 1 12,273 59 1,415,613
March 42 865,012 10 191,211 4 150,147 2 58,938 1 11,241 59 1,276,549
April 43 794,265 10 159,103 4 136,664 2 58,478 1 12,238 60 1,160,747
May 43 849,787 10 170,497 4 147,526 2 57,827 1 9,856 60 1,235,493
June 44 752,735 10 165,316 4 129,442 2 49,312 1 8,895 61 1,105,700
July 43 777,847 10 158,255 4 132,940 2 54,371 1 8,433 60 1,131,845
August 42 741,997 10 144,495 4 126,064 2 49,561 1 9,682 59 1,071,799
September 43 862,929 10 165,245 4 147,795 2 52,447 1 11,092 60 1,239,566
October 43 797,026 10 $171,738 4 $144,694 2 $52,967 1 $9,325 60 $1,175,749
November 43 770,944 10 $154,928 4 $139,055 2 $48,426 1 $9,276 60 $1,122,630
December 43 863,743 10 $177,136 4 $153,332 2 $58,005 1 $10,356 60 $1,262,571
Total $9,927,361 $2,054,159 $1,743,138 $665,128 $125,265 $14,515,108
Year 2014 $9,771,692 $1,924,937 $1,791,933 $567,029 $137,620 $14,193,202
Change (2015-2014) $155,669 $129,222 -$48,796 $98,099 -$12,355 $321,906
Percent change 1.6% 6.7% -2.7% 17.3% -9.0% 2.3%
2 The municipality is identified by Zip Code of vendor. Some vendors may be located outside of the city limits of the municipality.
20
30. Agriculture Production in Faulkner County
% Change
Crop 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2014-2015
Beef $17,000,000 $16,000,000 $12,000,000 $12,000,000 $8,750,000 $17,500,000 $12,250,000 $5,625,000 $10,000,000 $3,750,00
0
-62.50%
Greenhouses 5,600,000 6,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,00
0
0.00%
Rice 1,087,500 2,737,000 1,890,000 1,175,850 1,516,860 2,532,600 3,007,200 2,032,800 2,325,757 168,00
0
-92.78%
Soybeans 1,416,800 2,380,000 3,325,000 3,325,000 1,442,800 1,722,210 861,600 1,480,510 2,300,550 972,00
0
-57.75%
Wheat 306,000 360,000 605,000 172,427 110,640 7,961,160 745,440 1,745,835 1,235,000 45,00
0
-96.36%
Dairy 2,934,400 3,724,000 3,332,000 2,618,000 2,618,000 3,234,000 1,920,000 960,000 960,000 960,00
0
0.00%
Hay 130,000 150,000 1,600,000 1,800,000 1,200,000 900,000 400,000 840,000 800,000 640,00
0
-20.00%
Corn 348,000 1,026,000 960,000 552,720 434,280 862,720 932,480 784,160 478,000 48,00
0
-89.96%
Forestry 500,000 600,000 600,000 600,000 600,000 600,000 600,000 600,000 600,000 600,00
0
0.00%
Fruits & Vegetables
1
700,000 200,000 500,000 500,000 500,000 500,000 500,000 500,000 500,000 500,00
0
0.00%
Hogs 40,000 25,000 100,800 100,800 120,000 120,000 72,000 72,000 72,000 72,00
0
0.00%
Silage 93,000 0 0 0 0 0 0 0 0 0
Total $30,155,700 $33,202,000 $29,912,800 $27,844,797 $22,292,580 $40,932,690 $26,288,720 $19,640,305 $24,271,307 $12,755,00
0
-47.45%
Percent Change 10.10% -9.91% -6.91% -19.94% 83.62% -35.78% -25.29% 23.58% -47.45%
1. Value of products not sold but produced and consumed on farms = $3,200.000.
Gross Production, Not Necessarily Sold
Percent
Number of Acres or Head Change In
In Production Total Yield Yield Yield Rate
2014 2015 2014 2015 Unit 2014-2015 2014 2015
Rice 2,581 300 425,865 42,000 Bushels -90.1% 165 140 Bushels/Acre Rice
Soybeans 6,573 4,000 230,055 108,000 Bushels -53.1% 35 27 Bushels/Acre Soybeans
Corn 928 100 106,240 12,000 Bushels -88.7% 114 120 Bushels/Acre Corn
Hay* 40,000 40,000 40,000 32,000 Bales -20.0% 1 1 Pounds/Acre Hay
Wheat 3,837 300 268,590 9,000 Bushels -96.6% 70 30 Bushels/Acre Wheat
Beef** 17,500 17,500 5,000 N/A Head Sold N/A 17,500 N/A Beef**
Hogs 1,200 1,200 400 N/A Head Sold N/A 400 N/A Hogs
Dairy # Head *** 300 300 480,000 N/A Pounds N/A 16,000 N/A Lbs. per cow Dairy # Head
*Hay surplus in 2014 resulted in increased production and lower price/bale.
** We were 12
th
in the state for beef cattle production. Herds were liquidated due to drought in 2012 and are slowly being rebuilt.
*** Only two commercial Dairy exists in Faulkner County in 2014
COMMENTS:
2014 was a remarkable year in terms of weather. July was extremely mild and wet. Pastures were in extremely good shape for most of the growing season. Some farmers simply
quit baling hay because their barns were full. Beef cattle producers are slowly trying to rebuild their herd as a result of the 2012 drought and liquidation. Beef cattle prices were
very good throughout much of the year. Grain prices were affected by an exceptionally large crop in the mid-west. Arkansas set a state wide soybean yield with an average of 50 bu/a.
Data Source: Hank Chenney, Cooperative Extension Service-Faulkner County
23
31. The Economic Impact of Tourism in Arkansas and Faulkner County
Total Travel Expenditures
% Increase Ten Year Increase from 2003
2003 2008** 2009** 2010** 2011** 2012** 2013** 2014*** From 2014 Amount Percent
Faulkner County $55,510,938 $81,845,951 $75,306,817 $77,069,674 $81,399,433 $81,428,520 $98,092,186 $103,156,688 5.16 $42,581,248 76.71
State $3,942,501,328 $5,572,955,798 $5,377,902,345 $5,453,192,978 $5,687,680,276 $5,767,308,000 $6,267,310,088 $6,698,501,022 6.88 $2,324,808,760 58.97
Visitors (Person Trips)***
Faulkner County 297,915 378,509 345,809 348,509 378,754 350,148 415,416 430,128 3.54 $117,501 39.44
State 19,668,000 23,815,382 22,838,951 22,770,435 23,021,000 22,860,000 24,610,236 25,885,046 5.18 $4,942,236 25.13
Total Travel Expenditure Per Visitor
Faulkner County $186.33 $216.23 $217.77 $221.14 $214.91 $232.55 $236.13 $239.83 1.57 $50 26.73
State $200.45 $216.66 $235.47 $239.49 $247.06 $252.29 $254.66 $258.78 1.62 $54 27.04
State Tax Receipts
1
Faulkner County $3,616,113 $4,996,119 $4,589,849 $4,710,144 $4,653,308 $4,994,628 $5,848,505 $6,161,810 5.36 $2,232,392 61.73
State $220,780,074 $290,997,510 $280,812,597 $284,743,974 $296,988,000 $301,146,100 $322,083,374 $344,242,710 6.88 $101,303,300 45.88
1. Includes Gasoline Tax, Sales Tax, Employee Taxes & Fees
Local Tax Receipts
Faulkner County $1,016,930 $1,373,789 $1,262,526 $1,293,033 $1,283,269 $1,368,418 $1,633,810 $1,721,496 5.37 $616,880 60.66
State $82,792,528 $105,827,244 $102,123,290 $103,553,016 $108,006,000 $109,518,000 $118,567,398 $126,724,835 6.88 $35,774,870 43.21
Number Employed
Faulkner County 919 989 945 949 961 951 1,043 1,061 1.73 124 13.49
State 57,785 59,677 58,424 58,336 58,657 58,452 60,440 62,005 2.59 2,655 4.59
Payroll of Employees Resulting from Tourism
Faulkner County $12,198,185 $15,313,227 $14,078,389 $14,405,002 $15,199,803 $15,185,403 $18,096,307 $19,041,685 5.22 $5,898,122 48.35
State $871,292,794 $1,052,053,185 $1,015,231,324 $1,029,444,562 $1,073,710,679 $1,088,743,000 $1,132,040,191 $1,209,924,556 6.88 $260,747,397 29.93
Average Annual Pay of Those Employed by Tourism
Faulkner County $13,273 $15,484 $14,898 $15,179 $15,817 $15,968 $17,350 $17,947 3.44 $4,077 30.72
State $15,078 $17,629 $17,377 $17,647 $18,305 $18,626 $18,730 $19,513 4.18 $3,652 24.22
*Data revised.
** Data is preliminary and will be revised when new U.S. Travel Association benchmark is received.
*** A person trip is one person traveling 100 miles or more one way and/or spending one night away from his point of origin.
24
32. 25
INDEX
Advertising & Promotions ............................................................................................................................ 12
Agriculture.................................................................................................................................................... 23
Bank Earnings ............................................................................................................................................... 13
Banking Deposits .....................................................................................................................................13, 14
Banking Market Share .................................................................................................................................. 14
Birth/Death Rates........................................................................................................................................... 6
Building Permits...........................................................................................................................................4, 5
Consumer Price Index..................................................................................................................................1, 2
Conway Corporation..................................................................................................................................... 10
Cost of Living .................................................................................................................................................. 8
Crime .............................................................................................................................................................. 9
DOW Jones ..................................................................................................................................................... 2
Employment & Earnings............................................................................................................................... 22
Family Units.................................................................................................................................................... 4
Fayetteville Shale.......................................................................................................................................... 18
Gross Domestic Production............................................................................................................................ 1
Lottery Sales ................................................................................................................................................. 20
Lottery Ranking of Counties ......................................................................................................................... 21
National Economy .......................................................................................................................................... 1
Population .................................................................................................................................................6, 10
Property Assessments .................................................................................................................................... 7
Real Estate Sales............................................................................................................................................. 4
Sales Tax Collections..................................................................................................................................... 11
Severance Tax Distribution to Faulkner County Municipalities.................................................................... 17
Severance Tax Revenue for Arkansas........................................................................................................... 16
Tourism......................................................................................................................................................... 24
Unemployment Rate ...................................................................................................................................1, 3
Vehicle Registration...................................................................................................................................... 15