University of Arkansas

UALR College of Business

The Institute for Economic Advancement promotes applied research for the development of Arkansas’ economy through analysis, professional development, community outreach, and technical assistance.

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News and Events

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The Use and Misuse of Economic Impact Studies

Many public and private agencies, advocacy groups, and businesses want to know their economic impacts on their communities.  They commission an impact study enabling consultants to diligently quantify and estimate the economic impacts, write reports, and present their findings.  Some report’s findings are legitimate, but others have findings that appear to be dubiously high.  At times it appears as if the primary purpose of these questionable studies is to demonstrate a significant contribution thereby justifying the success of the activity.  

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Michael Pakko Interview on Talk Business

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2013 Economic Forecast Presentations

The 2013 Forecast Conference Presentations are now available.

Arkansas Economist

Arkansas Economist

A forum for information and analysis on the Arkansas economy