U.S., Arkansas Economy To Peak

Arkansas Coin

The decade-long economic upswing following the Great Recession is nearing its peak and will gradually erode in 2019 and beyond as a number key economic factors come into play.

That dour forecast was just a few of the highlights at Friday’s annual forecasting and economic outlook event hosted by the Little Rock branch of the Federal Reserve Bank of St. Louis and the Institute for Economic Advancement at the University of Arkansas at Little Rock.

During the two-hour breakfast event attended by more than 100 business leaders at the Clinton Presidential Library, economists Chris Varvares and Michael Pakko offered state and national economic forecasts, respectively, and provided their assessments of possible bumps in the road ahead that may slow down the pace of growth.    MORE

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