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Business college hosts meeting for an economically sustainable Arkansas

Jennifer Joyner

Issue date: 9/29/08 Section: News
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The Center for Business and Economic Research in the Sam Walton College of Business and the Northwest Arkansas Chambers of Commerce will host a Quarterly Business Analysis breakfast 6:45 a.m. Oct. 24 in the Clarion Hotel.

The goal of the QBA meetings is to work toward solid and sustainable economic development in Arkansas by building networks of leaders from business, academic and governmental sectors in the region, according to a press release.

"The turmoil in the financial markets has wide-reaching implications for businesses, consumers and local governments. But even in a 'crisis' there is an opportunity for strategic behavior for well-informed decision makers," said Kathy Deck, director of the Center for Business and Economic Research, in a press release.

Deck will present a program that provides statistical highlights from the second quarter of 2008, key economic trends and short-term and long-term issues facing the local and state economy, according to the press release.

"The Quarterly Business Analysis program exists to help community and business leaders obtain the knowledge that will help them make informed decisions," Deck said in the press release.

The program will last for about 60 minutes, including time for a question-and-answer session.

The cost for the QBA program and breakfast is $30. Preregistration by Wednesday, Oct. 22, is required. Reservations can be made online for the breakfast at the Center for Business and Economic Research Web site or by calling (479) 575-4151.

"The financial crisis affects me in a big way," said sophomore Tyler Cox. "Businesses are having to cut back on spending.

"This affects me because I'm a business major," she said.

A major concern for students is that the financial crisis will affect student financial aid.

"I have not seen any students not getting their loans because of the credit crisis," said Kattie Wing, director of financial aid.

"Students are still receiving funds every day, so I don't see it as a problem right now. Of course, you can't predict the future," Wing said.
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