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Last updated on Friday, October 2, 2015, 4:17 pm

UA Economist Says NWA Holding its Own, Compared to Larger Metros

The 450 announced layoffs at the Wal-Mart Stores Inc. home office did not go unmentioned at the Center for Business and Economic Research quarterly business analysis luncheon on Friday at the new Northwest Arkansas Board of Realtors Event Center in Lowell. Researcher Kathy Deck, director of the University of Arkansas’ CBER in the Sam M. Walton College of Business, shared highlights of the annual State of the Northwest Arkansas Region report, but also commented on the impact to the economy from layoffs at the region’s largest employer. “Walmart’s restructuring does absolutely nothing to weaken Northwest Arkansas’ potential as a job-creating machine,” she said. “Real people will be affected, and I never want to forget these are real people’s lives,”... [ MORE ]

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