LITTLE ROCK – Arkansas’ real gross domestic product (GDP) grew by 3.5 percent in the second quarter of 2017, the 14th largest growth in the nation, according to the Bureau of Economic Analysis report released in November.
“This is great economic news for Arkansas as we head into the final weeks of 2017,” Governor Asa Hutchinson said. “This is further evidence that we are enjoying a season of renewed growth in our state and confirms that our economy continues to trend in the right direction.
“In the past three years, more than 300 companies have moved to Arkansas or expanded their operations in the state, which has produced nearly $7 billion in capital investments. Since 2015, over 60,000 more Arkansans are employed and we have seen record low unemployment, as well as the highest number of employed Arkansans in the state’s history. I’m proud of the work we’ve done, and we’re not finished yet.”