A report commissioned by the Northwest Arkansas Council suggests $3.4 billion could be added annually to the region's healthcare economy by 2040. Today we hear a bit about the report and how officials with Tripp Umbach, the firm that prepared the report, came to their conclusions.
EngageNWA, which is part of the Northwest Arkansas Council, has launched a strategic plan focused on the region's diverse community of immigrants and newcomers. The effort, which is funded by Tyson Foods and the Walmart Foundation, focuses on inclusion in five areas: economic development, government leadership, civic engagement, safe and connected communities, and education. EngageNWA is partnering with city leaders and community organizations to carry out the initiatives and goals outlined in the plan.
Accelerated population growth of about 32 people a day means Northwest Arkansas could make the list of Top 100 Metro Areas in the country by early next year. That is a few months earlier than anticipated by the Northwest Arkansas Council. NWA Council president and CEO Nelson Peacock says the designation will come with many opportunities, as well as many challenges that will need to be addressed sooner rather than later.
The Center for Business and Economic Research at the University of Arkansas released its annual State of the Northwest Arkansas Region report. In this year’s report, the center compared Northwest Arkansas to several peer regions like Austin, Texas, Des Moines, Iowa, Madison, Wisconsin, and Durham and Raleigh, North Carolina. The report outlines many strengths of the region, but more importantly, also addresses its weaknesses.