8
NORTH METRO BUSINESS JOURNAL
JUNE 2021
conwayarkansas.org
Conway Area Chamber of Commerce’s 2021 Annual Meeting set for August 12 Nominations open for awards After transitioning to a televised event in 2020, the Conway Area Chamber of Commerce plans to hold its 2021 Annual Meeting in person on Thursday, Aug. 12, at 6:30 p.m. Underwritten by First Security Bank and presented by Acxiom, Conway Regional Health System, and the University of Central Arkansas, Annual Meeting will return to UCA’s HPER Center. An awards ceremony recognizing individuals and businesses that have made a difference in Conway over the past year is one of the highlights of Annual Meeting. Northwestern Mutual and the Log Cabin Democrat are the sponsors of the Annual Meeting Awards. Nominations are open for the following categories: The Guy W. Murphy Distinguished Service Award is the Chamber’s highest form of recognition. Established in 1957, this award is presented annually to an individual or group who has rendered special service for the benefit of the community. Candidates have demonstrated an active leadership role for the betterment of the community through their involvement in business, civic, and social service organizations.
Underwriter
O N L Y IN A R K A N S A S
Established in 1973, the Lloyd Westbrook Good Neighbor Award is presented annually to an individual who has given of his or her time and talents. Candidates are known for going beyond the call of duty to help others. The nominee shall exemplify outstanding public service to the Conway area. The Business Executive of the Year Award recognizes the owner, executive, or president of a business who has displayed outstanding performance in either an individual or collaborative endeavor. The nominee is a driving force behind the company and works to maintain an enriched business climate and an enhanced quality of life in Conway. The Young Business Leader Award recognizes a community business leader, age 40 or younger, who has helped create a more vibrant business and social environment for all of Conway’s residents. The Business of the Year Award recognizes Conway Area Chamber of Commerce member businesses for their continued growth, innovation, and
community involvement. It is presented in five categories: Outstanding Hospitality, Outstanding Nonprofit, Outstanding Retailer, Outstanding Large Employer (100 employees or more), and Outstanding Small Business (99 employees or fewer). With the exception of the Distinguished Service and Good Neighbor awards, nominees must be members of the Conway Area Chamber of Commerce or work for a Chamber-member business. Visit ConwayChamber.org/annual-meeting to access the online nominations site. Those submitting nominations are encouraged to address specific examples of each nominee’s leadership, community service, personal and professional impact, work/life balance, perseverance, ethics, and success. A panel of Chamber executives outside the state of Arkansas will select the award recipients. The deadline to submit nominations is Monday, June 21. For additional details about Annual Meeting, contact Mary Margaret Satterfield, director of events and Toad Suck Daze, at Mary@ConwayArkansas.org or 501-932-5412. n
Presented by
North Metro Economy at a Glance Population US ..........................328,239,523 Arkansas ....................3,017,804 Conway............................67,638 Cleburne County ..............24,919 Conway County ...............20,846 Faulkner County ............126,007 Perry County ....................10,455 Van Buren County ............16,545
Bank Deposits June Conway 2020....................$2,225,851,000 2019....................$1,835,390,000 Percent Change ...............21.27%
Civilian Labor Force March-2021 Seasonally Adjusted US ..........................160,558,000 Arkansas ....................1,359,901
Perry County Conway County 2021. . ...........................$142,889 2020........................$394,275,000 2019........................$364,163,000 2020.............................$128,919 Percent Change ................. 8.27% Percent Change.............. 10.84% Tax Rate........................... 2.50% Faulkner County Van Buren County 2020.................... $2,668,253,000 2019.................... $2,228,144,000 2021.............................$263,352 Percent Change................19.75% 2020.............................$307,031 Percent Change.............-14.23% Tax Rate........................... 2.00% Perry County
Not Seasonally Adjusted US...........................160,397,000 Arkansas.....................1,358,770 Conway............................33,935 Cleburne County.................9,052 Conway County..................8,460 Faulkner County...............61,594 Perry County......................4,220 Van Buren County...............9,758 Unemployment Rate March-2021 Seasonally Adjusted US...................................... 6.0% Arkansas ........................... 4.4% Not Seasonally Adjusted US .......................................6.2% Arkansas..............................4.8% Conway................................4.2% Cleburne County ..................5.8% Conway County ...................5.9% Faulkner County ..................4.2% Perry County ........................4.8% Van Buren County ................6.1%
Conway County 2021..............................$470,145 2020..............................$409,917 Percent Change ...............14.69% Tax Rate .............................1.75%
Faulkner County 2021. . ...........................$838,644 Cleburne County 2020.............................$796,767 2020........................$638,385,000 Percent Change................ 5.26% 2019........................$556,697,000 Tax Rate........................... 0.50% Percent Change................ 14.67%
2020..........................$71,362,000 2019..........................$65,345,000 Percent Change ................. 9.21%
Restaurant Sales Tax Collections* Van Buren County Year to Date (April) 2020......................$324,814,000 Conway 2019......................$278,929,000 2021...........................$1,421,506 Percent Change ............. 16.45% 2020...........................$1,278,931 Sales & Use Tax Collections Percent Change................11.15% *Includes mixed drink sales April Conway 2021...........................$2,664,037 Hotel Sales 2020...........................$2,610,309 Tax Collections Percent Change................. 2.06% Tax Rate.......................... 2.125% Year to Date (April) Conway Cleburne County 2021...............................$93,162 2021.............................$536,836 2020.............................$478,423 2020...............................$90,552 Percent Change.............. 12.21% Percent Change................ 2.88% Tax Rate......................... 1.625%
Residential Building Permits Year to Date (April) Conway 2021......................................100 2020........................................74 Percent Change.............. 35.14%
Residential Units Sales** Year to Date (April) Conway 2021........................$51,346,675 2020........................$76,783,394 Percent Change.............-33.13%
Year to Date (March) Residential Units Sold** Cleburne County (New and Existing) 2021.........................$28,560,967 Year to Date (April) 2020.........................$40,737,943 Conway 2021......................................235 Percent Change.............. -29.89% 2020......................................366 Conway County Percent Change.............-34.79% 2021...........................$3,701,050 2020...........................$6,236,420 Year to Date (April) Percent Change.............. -40.65% Cleburne County Faulkner County 2021......................................116 2021. . .....................$101,885,105 2020......................................180 Percent Change.............-35.56% 2020.......................$123,741,970 Percent Change.............. -17.66% Conway County Perry County 2021.........................................25 2020.........................................52 2021...........................$1,705,885 Percent Change.............. -51.92% 2020...........................$3,035,823 Percent Change.............. -43.81% Faulkner County Van Buren County 2021......................................467 2020......................................634 2021..........................$9,233,390 Percent Change.............-26.34% 2020........................$13,922,020 Percent Change.............-33.68% Perry County Average Price of 2021........................................16 Residential Units Sold** 2020........................................18 (New and Existing) Percent Change.............-11.11% Year to Date (April) Conway Van Buren County 2021.........................................63 2021..............................$218,496 2020.........................................96 2020..............................$209,791 Percent Change.............. -34.38% Percent Change..................4.15% **Includes sales of residential units
Year to Date (March) Cleburne County 2021.............................$246,215 2020.............................$226,322 Percent Change................ 8.79% Conway County 2021..............................$117,253 2020..............................$119,931 Percent Change................ -2.23% Faulkner County 2021..............................$218,169 2020..............................$205,893 Percent Change..................5.96% Perry County 2021..............................$106,618 2020..............................$168,657 Percent Change.............. -36.78% Van Buren County 2021.............................$146,562 2020.............................$145,021 Percent Change................ 1.06%
Proud sponsor of Pulse of Conway Sources: 2014-2018 ACS 5-Year Data Profiles, Arkansas Department of Workforce Services, C2ER, Sperling’s Best Places, Arkansas Department of Finance & Administration, Federal Deposit Insurance Corporation, Cooperative Arkansas Realtors’ Multiple Listing Services, Arkansas Realtors Association, and City of Conway.
