Add in the pipeline of 37,000 students who attend our colleges and universities, and you’ve got burgeoning scenes in CPG, logistics, education, IT, health care and corporate services.
Cost is a major consideration when a company chooses a state. In 2022, Arkansas was cited by CNBC as having one of the nation’s lowest overall costs of doing business. CNBC looked at the tax burden, including individual income and property taxes as well as business taxes, utility costs, wages and rental costs for office and industrial space. This gives Northwest Arkansas a competitive edge in the world market. The Northwest Arkansas Council leads the regional economic development efforts to foster the growth of investment and job opportunities.