June 19, 2025 - 05:56
U.S. and Arkansas economic growth continues to slow with fewer jobs added this year and the cost of living rising with inflation on essentials like food and shelter. Experts indicate that ongoing tariff uncertainties are playing a significant role in this economic slowdown, impacting both consumer confidence and business investment.
As businesses grapple with fluctuating tariffs, many are hesitant to expand or hire, leading to a stagnation in job creation. Additionally, rising prices for basic necessities are straining household budgets, forcing families to make difficult financial decisions. The combination of these factors is contributing to a challenging economic landscape, particularly for lower and middle-income families.
In Arkansas, the situation mirrors national trends, with local businesses feeling the pinch of increased costs and reduced consumer spending. Economic analysts warn that without a resolution to the tariff issues, the state may continue to face significant challenges in fostering growth and stability in the coming months.
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Business Insider Welcomes Kim Last as Editorial Director of BI LiveIn a significant leadership change, Kim Last has been appointed as the Editorial Director of BI Live. This strategic move is expected to enhance the platform`s editorial direction and strengthen...
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John Penhollow Appointed as President of Business Operations for the Vegas Golden KnightsIn a significant move for the franchise, John Penhollow has been appointed as the President of Business Operations for the Vegas Golden Knights. Penhollow brings a wealth of experience to the role,...
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Trio Arrested After Armed Robbery in OaklandThree suspects are in custody following an armed robbery at an Oakland business on June 15, according to the Oakland Police Department. The incident unfolded when the suspects entered the...
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Leonard Lauder: A Legacy in Philanthropy and CosmeticsLeonard Lauder, a renowned philanthropist who expanded the family cosmetics business into a worldwide empire, has died at the age of 92. As the son of Estée Lauder, Leonard played a pivotal role...