The 2010 faulkner county economic report
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The 2010 Faulkner County Economic Report. 60 th Annual Report. Dr. Pat Cantrell. Dean of the College of Business. David Teaster Intern UCA Economics Major Amber Hall Project Specialist Office of Institutional Research. Themes. 2009- From Cotton to Computers

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The 2010 Faulkner County Economic Report

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The 2010 faulkner county economic report

The 2010 Faulkner County Economic Report

60thAnnual Report


The 2010 faulkner county economic report

Dr. Pat Cantrell

Dean of the College of Business


The 2010 faulkner county economic report

David Teaster

Intern

UCA Economics Major

Amber Hall

Project Specialist

Office of Institutional Research


Themes

Themes

2009- From Cotton to Computers

2008 - Conway and Oasis In Arkansas

2007 - We Have Gas

2006 - Conway is Growing and

You Can Bank on it

2005 – The Billion Dollar Economy

2004- ABC’s of Conway

(Apartments, Banks and Churches)


The 2010 faulkner county economic report

60 Years and

600% Growth

… not bad!


The 2010 faulkner county economic report

National Economy


Gross domestic product percent increase over previous year

Gross Domestic ProductPercent Increase over Previous Year


Unemployment rate

Unemployment Rate


2010 monthly unemployment rate

2010 Monthly Unemployment Rate


Average annual unemployment rate

Average Annual Unemployment Rate


Consumer price index cpi

Consumer Price Index (CPI)


Cpi for all urban consumers seasonally adjusted

CPI for All Urban Consumers(Seasonally Adjusted)


Dow jones industrial average yearend closing

Dow Jones Industrial AverageYearend Closing

13,265

11,578

8,776


Family units constructed

Family Units Constructed

1532

1133

933

949

735

760

602

448


Value of building permits in million dollars

Value of Building Permits (In Million Dollars)


Population of conway and faulkner county

Population of Conway and Faulkner County

52% of Faulkner County’s population reside in Conway


Faulkner county births and deaths per year

Faulkner County Births and Deaths per Year


Cost of living comparison

Cost of Living Comparison


2009 violent and property crimes per thousand population

2009 Violent and Property Crimesper Thousand Population

Burglary

Larceny-theft

Motor Vehicle Theft


Conway corporation revenues capital expenditures and number of customers

Conway CorporationRevenues, Capital Expenditures and Number of Customers

2.33 Residents per Residential Electric Meter


Faulkner county sales tax receipts

Faulkner County Sales Tax Receipts

Conway Sales Tax Receipts


Estimated retail sales for 2010

Estimated Retail Sales for 2010

Conway$1,249,605,828

Faulkner County $1,566,845,200

80% of all Faulkner County Sales Occur in Conway


Conway advertising and promotion tax 2 of hotel and restaurant sales

Conway Advertising and Promotion Tax2% of Hotel and Restaurant Sales

2009 2010% Change

Hotels $318,502 $347,602 9.1%

Restaurant*$2,573,883 $2,627,481 2.1%

Total $2,892,385 $2,975,083 2.9%

* Does not include tax on alcoholic beverages for 2010


M otel sales 21 hotels and one bed and breakfast

Motel Sales21 Hotels and One Bed and Breakfast

% Change

2010$17,5920,240 7.2%

2009 $ 16,404,114-6.2%

2008 $17,485,927


Top five hotels by annual sales

Top Five Hotels by Annual Sales

1.

4.

3.

$2,521,545

$1,434,895

$1,449,652

2.

5.

$1,325,391

$1,581,092


Restaurant sales includes alcoholic beverage sales

Restaurant SalesIncludes Alcoholic Beverage Sales

Sales % Change

2010 $140,014,531 7.0%

2009 $130,911,971 5.5%

2008 $124,115,600


Top ten restaurant by annual sales does not include alcoholic beverage sales

Top Ten Restaurant by Annual Sales(Does not include alcoholic beverage sales)

1.

3.

2.

$3,950,036

$3,690,003

$3,625,022

4.

6.

5.

Dave Ward Drive

Salem

$3,611,524

$3,202,551

$2,940,872

7.

8.

9.

Hwy. 65 N.

$2,662,961

$2,763,293

$2,644,305

Oak Street

10.

$2,611,287


Number of banking institutions in faulkner county and total deposits

Number of Banking Institutions in Faulkner County and Total Deposits


Market share of faulkner county bank deposits

Market Share of Faulkner County Bank Deposits


Bank earnings of institutions represented in faulkner county year to date as of june 30

Bank Earnings of Institutions Represented in Faulkner County (Year to Date as of June 30)


Faulkner county motor vehicle registration in thousands of vehicles

Faulkner County Motor Vehicle Registration(In Thousands of Vehicles)


2010 natural gas production by county through november 10 2010

2010 Natural Gas ProductionBy County (Through November 10, 2010)

3229 wells with $2.9 billion production


Severance tax revenue

Severance Tax Revenue


Lottery sales annual sales 2010

Lottery SalesAnnual Sales 2010


Arkansas scholarship lottery monthly sales

Arkansas Scholarship Lottery Monthly Sales


2010 annual lottery sales per capita

2010 Annual Lottery Sales Per Capita


2009 employment and earnings for faulkner county

2009 Employment and Earnings for Faulkner County


The 2010 faulkner county economic report

Any Questions?


The 2010 faulkner county economic report

Thank You


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