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First of all, University of Arkansas economist Kathy Deck verified her credentials by crunching the numbers and forecasting a Hog win over Darth Visor and the fighting chickens Saturday. And she was specific: 38-13.
We’ll take that.
She offered her assessment of the Hogs’ matchup this week after offering her assessment of the economic road to recovery in 2010 at today’s Commerce Arkansas expo.
Commerce Arkansas 2009, sponsored by Arkansas Business and the Little Rock Regional Chamber of Commerce, drew around a thousand folks to the Statehouse Convention Center for AB’s CFO of the Year awards, a keynote address by Windstream CEO Jeff Gardner (we hear Windstream made some sort of announcement today), and a series of breakout sessions devoted to topics ranging from business trends to sales and marketing.
Deck headlined the Business Trends pavilion. She believes Arkansas has been comparatively insulated from the recession due to its local nature — Arkansans tend to serve themselves and their neighbors in greater proportion than other parts of the country.
And she’s not quite as eager as others to jump on the recovery bandwagon. Not just yet. Yes, there is growth, she said. But it’s muted growth, and not proportionate to the rate of decline.
The economic recovery, she said, boils down to this:
“In 2011, will the private sector have the wheels to go on its own without propping up from the government?”
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