15
Apr
2015
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Conway Economy At a Glance

Unemployment Rate

September

Seasonally Adjusted

US 5.9%

Arkansas 6.2%

Not Seasonally Adjusted

US 5.7%

Arkansas 5.7%

Faulkner County 5.1%

Conway 4.9%

Sales Tax Collections

Conway*

August

2014 $1,972,633

2013 $1,914,161

Percent Change 3.1%

Year to Date (August)

2014 $15,139,478

2013 $15,250,628

Percent Change -0.7%

Annual

2013 $23,235,891

2012 $22,944,163

Percent Change 1.3%

*Tax Rate 1.75%

Faulkner County*

August

2014 $761,772

2013 $712,406

Percent Change 6.9%

Year to Date (August)

2014 $5,696,228

2013 $5,667,225

Percent Change 0.5%

Annual

2013 $8,588,835

2012 $8,465,686

Percent Change 1.5%

*Tax Rate 0.5%

Restaurant Sales*

September

2014 $14,739,160

2013 $13,573,359

Percent Change 8.6%

Year to Date (September)

2014 $131,181,628

2013 $124,021,797

Percent Change % 5.8

Annual Sales

2013 $164,989,586

2012 $161,318,563

Percent Change 2.3%

*Including mixed drink sales

Hotel Sales

September

2014 $1,509,345

2013 $1,412,945

Percent Change 6.8%

Year to Date (September)

2014 $15,000,890

2013 $14,752,070

Percent Change 1.7%%

Annual Sales

2013 $18,556,911

2012 $18,683,676

Percent Change -0.7%

Conway Building Permits

Single Family Homes

Year to Date (October)

2014 95 Permits

2013 126 Permits

Percent Change -24.6%

Annual

2013 147 Permits

2012 186 Permits

2011 153 Permits

Percent Change 2013-2012 -21.0%

Average Construction Cost*

Year to Date (October)

2014 $216,826

2013 $226,627

Percent Change -4.3%%

Annual

2013 $228,275

2012 $207,537

2011 $204,387

Percent Change 2013-2012 10.0%

*Not including land or lot improvements

Average Square Footage*

Year to date (October)

2014 2,904

2013 3,000

Percent Change -3.2%

Annual

2013 3,002

2012 2,910

2011 2,814

Percent Change 2013-2012 3.2%

Average Construction

Cost Per Square Foot*

Year to Date (October)

2014 $74.66

2013 $76.51

Percent Change -2.4%

Annual

2013 $76.04

2012 $71.33

2011 $72.64

Percent Change 8i2013-2012 6.6%%

* Total under roof

Lottery Sales

Faulkner County

October

2014 $1,170,000

2013 $1,228,040

Percent Change -4.7%

Year to Date (October)

2014 $11,855,857

2013 $13,309,238

Percent Change -10.9%

Annual

2013 $17,038,277

2012 $16,943,909

Percent Change 0.6%

Total State

October

2014 $33,918,964

2013 $33,037,800

Percent Change 2.7%

Year to Date (October)

2014 $337,457,734

2013 $366,658,495

Percent Change -8.0%

Annual

2013 $432,932,799

2012 $452,245,215

Percent Change -4.3%

Natural Gas

Severance Tax Distribution

Conway Year to Date (November)

2014 $340,198

2013 $255,027

Percent Change 33.4%

Annual

2013 $199,265

2012 $149,833

Percent Change 70.2%

Faulkner County

Year to Date (November)

2014 $277,131

2013 $207,002

Percent Change 33.9%

Annual

2013 $224,455

2012 $131,418

Percent Change 70.8%

Information provided by Pulse of Conway