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Arkansas Gov. Asa Hutchinson (left) and Sen. Jonathan Dismang (R-Beebe) talk before Hutchinson presents his fiscal year 2024 state budget at the Nov. 10, 2022, meeting of the Legislature's Joint Budget Committee. (Photo courtesy of Gov. Asa Hutchinson)

Economists predict ‘mild recession’ as Arkansas gears up for 2023 legislative session

BY: - January 2, 2023

A mild recession and a holiday spending hangover. That’s what economic forecasters predict for 2023 as lawmakers head to the state Capitol in January.   Rising interest rates and persistent inflation will push the economy into a downturn, experts say, and those economic clouds could also cause the 94th General Assembly to consider any robust spending programs […]