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Arkansas Updated Businesses Database 01/07
This business database is available for immediate download and contains updated business listings for all Arkansas businesses that filed changes of demographic, location or contact information for the month of January 2007. Complete Arkansas marketing information is available for each of the businesses in this website content database. This Arkansas download database can be purchased as a single item using the links provided or you can subscribe to our Updated Businesses Database Service.
The Arkansas banking industry experienced record growth during 2006. The net income for this industry went from $127 million to $139 million between the first and second quarter. The total assets for the banks in Arkansas sit at approximately $1 billion. The rapid growth of the banking industry has also been seen in loans, which were 10% higher than 2005. Despite this, the business sector experienced a deceleration in growth during 2006. By the second quarter of 2006, employment increased by 1.2%. The businesses which are growing the fastest are those which are government related. The service sector also experienced growth in 2006.
The job growth rate fell during 2006. Some of the things which contributed to this effect are tremendous job losses in the manufacturing industry. In addition to this, the utilities, transportation, and trade sectors experienced a decline in growth during 2006. These are the industries where business growth has suffered the most, and these trend indicate that Arkansas is not a good state for start up companies in these sectors. In addition to the manufacturing industry, the housing market has also experienced a decline. A number of statistics from the Arkansas Realtors Association indicated that sale of homes was down by more than 9 percent.
Home sales were down for five straight months during 2006, and the decline in sales are particularly evident for new homes. The region that experienced the largest decline in home sales was the Fayette-Springdale-Rogers metropolitan center. Not only is the sale of new homes slowing in this state, but the appreciation of homes is slowing as well. The appreciation and decline in sales indicates that the demand for real estate has fallen in the last year. However, it should also be noted that this trend isn't specific to Arkansas. Many states in the U.S. have also experienced a similar decline in real estate sales.
One of the best things about the Arkansas housing market is affordability. The income of households in this state have kept pace with the real estate costs, and this has allowed them to use more traditional mortgages, which is a sharp contrast to other states. While the sale of new homes declined in 2006, the cost for apartments and homes were found to be the lowest in the United States, making the state highly affordable. While the manufacturing industry has experienced a decline, government related jobs continue to grow. It is very likely that this trend will continue in 2007. Like many other states, service sector jobs have continued to maintain a steady growth.
The banking industry saw an increase in profits during 2006. While the appreciation of their assets were not as high as expected, loans and other credit products remained popular. The businesses that competed in sectors such as trade and manufacturing have continued to be weakened by various factors, some of which are external, and others which are internal. Despite this, the low cost of living and affordability of real estate has made Arkansas a popular place to live.
Record Fields: ID, Mailing Address, City, State, Zipcode, Carrier Route, Delivery Point, County, Phone Number, Fax Number, Website, Owner First and Last Names, Contact Title, Owner Sex, Employee Count, Annual Revenue, Sales Volume, Primary and Secondary SIC Codes, SIC Descriptions, Headquarters Type, Firm Type, Metro Area, Office Size, Office Square Footage, Franchise Information
Usage Rights License: $200.00 Full Rights License: $500.00 Records: 148,644
Sample Data: Sample data can be found on the product page (link below) - Actual Database Available in MS Access 2000, MS Access 97, MySQL Dump, MS Excel, MS SQL Server 2000 or Delimited File set