May 2024

The Northwest Arkansas market is witnessing unprecedented economic growth and national recognition, driven by its affordable cost of living and favorable business climate.

 

For the third year in a row, Northwest Arkansas has ranked in the Milken Institute’s Top 10 Best-Performing Cities, coming in at #7.

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Northwest Arkansas (Fayetteville-Springdale-Rogers metro) named the fastest-growing metro in the state and the 18th fastest-growing in the U.S.

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Northwest Arkansas population on track for a million by 2050.

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A $36.5 million project to renovate the terminal is underway at Northwest Arkansas National Airport (XNA) in Highfill. It is expected to be completed in the third quarter of 2025.

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$318 million makeover of Arkansas Children’s Northwest Hospital set to start this spring. 

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$50 million funding boost will help NY retail tech firm expand Northwest Arkansas operations.

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Walther Manufacturing plans a $30 million expansion in Fort Smith. The project is expected to create 76 new jobs over the next 5 years.

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