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1 ARKANSAS ECONOMIC DEVELOPMENT COMMISSION Mike Preston February 2016
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ECONOMIC DEVELOPMEN T IN ARKANSAS
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RESULT S Unemployment 4.8% 38,000 Jobs Created Percentage of Job Growth 19 th out of 50 118 new and expanding companies have signed agreements with AEDC since January 13, 2015 5,000 New Jobs $2 Billion Capital Investment Average Wage of $41,200 per Year
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2015 JOB CREATION 190 Jobs 40 Jobs 120 Jobs 10 Jobs 25 Jobs 100 Jobs 85 Jobs 64 Jobs 75 Jobs 225 Jobs
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RECENT ACTIVITY 5 Major Market Recruitment Trips ◦ Dallas, TX ◦ Atlanta, GA ◦ Silicon Valley, CA ◦ New York City, NY ◦ Las Vegas, NV
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RECENT ACTIVITY 5 Foreign Countries Visited on Business Recruitment Trips ◦ France ◦ Germany ◦ Cuba ◦ Japan ◦ China
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ARKANSAS INC.
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WHAT’S NEXT Arkansas Inc. Enhanced Communication with Partners & Stakeholders SJR 16 “Jobs for Arkansans” Incentives Discussion Competitiveness Issues to Address Envision What’s Around the Corner
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ECONOMIC DEVELOPMENT IS A TEAM SPORT
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10 900 West Capitol Avenue, Suite 400 Little Rock, AR 72201 www.ArkansasEDC.com 501-682-1121 ARKANSAS ECONOMIC DEVELOPMENT COMMISSION
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