Mountain Home added to Tech business index
“Arkansas Tech University added Mountain Home to its business index in January, and it ranks among nine cities with an Arkansas Tech Business Index rating above 100, according to figures released by the university Monday.
The Arkansas Tech Business Index now measures economic activity of 18 cities, encompassing labor, housing market, construction and retail sales data. Ratings above 100 indicate a city is doing better than the state average from 2009 to the present.
Nine cities on the list rated about 100, including Fort Smith, which topped the list for January with a rating of 107.19, the university said.
Other cities with a rating above 100 were Springdale (104.56), Fayetteville (103.82), Rogers (103.40), Hot Springs (101.56), Conway (101.42) and Van Buren (100.48).
This is the ninth time in the past 13 months that Fort Smith has set the pace on the index, Arkansas Tech University spokesman Sam Strasner said.
Cities with ratings below 100 include Russellville (99.87), Jonesboro (99.37), Searcy (98.90), Texarkana (97.48), North Little Rock (96.88), West Memphis (96.65), El Dorado (96.40), Little Rock (96.33) and Pine Bluff (95.32).
El Dorado saw the biggest increase from December to January, with an uptick of 1.61 points, and Fayetteville experienced the biggest decrease with its index rating dropping by 4.43 points, according to Marc Fusaro, associate professor of economics and developer of the Arkansas Tech Business Index”
I find it strange but they didn’t include our index rating (100.36) in the story. Here is a link to the index website, https://www.atu.edu/atbi/index.html. On this site you can also sign up to have the index mailed to you monthly. As always I will be happy to answer any question you may have, that I can, about this article or the report.
Director of Economic Development
Mountain Home Chamber of Commerce