Economic Development

The fast growing economy of Conway is no accident. It’s among the most diverse economies in the United States, enjoys low unemployment, and is fueled by an extremely educated workforce. The discovery and development of natural gas in the region places Conway at the nucleus of Arkansas’ energy industry. Coupled with a fast growing technology sector, Conway is poised for future growth. Those factors all combined to make Conway and Faulkner County a bright spot in the national economy.

The Chamber of Commerce works seamlessly with the Conway Development Corporation to offer an aggressive and rich suite of economic development services. Our team has the experience and ability to deliver economic growth to the region whether it through corporate relocation, the expansion of existing industry or successful start up companies.

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Southwestern Energy
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Hewlett-Packard

Local Economy

Conway and Faulkner County continue to be ranked as one of the fastest growing job markets in the United States. Faulkner County is among the top 25 places for job growth, according to recent rankings by CNN Money - a service of CNN, Fortune Magazine and Money Magazine.

With a job growth rate of nearly 35 percent from 2000-2011, Faulkner County is No. 13 on CNN Money’s 2012 list of counties with the highest percentage of job growth. In 2013, CNN Money ranked Faulkner County as having the 19th fastest-growing job market between 2010 and 2012. This job growth is bolstered by a diverse local economy, including significant numbers of jobs in manufacturing, business and professional services, energy, health care, and education. Conway is the secondary job market in the Little Rock-North Little Rock-Conway Metropolitan Statistical Area. Unlike most "suburban areas" of a central city, the majority of Conway and Faulkner County residents do not commute out of the county to work; more than 65 percent of the county population stay in the county to work each day. With more than 40.000 jobs in the city and surrounding area, Conway serves a regional employment draw for central and north-central Arkansas.

Number of Jobs

Faulkner County: 41, 113

Total Earnings Paid by Businesses

Faulkner County: $1,450,000,000

Largest Employers

Company
Product/Service
# of Employees
Acxiom Corporation
Information Technology 2,000
University of Central Arkansas
Education
1,500
Conway Regional Health System Health Care 1,330
Southwestern Energy Company Natural Gas Exploration 1,300
Conway Human Development Center Institutional Care 1,200
Conway Public School District Education 1,100
Wal-Mart Department Store (2 stores) 825
Hewlett-Packard Technical Support & Sales 800
Kimberly-Clark Corporation Personal Hygiene Products 700
Vireo Manufacturing School/Office/ Institutional Furniture 600
Snap-on Diagnostic Equipment 570
Nabholz Companies Construction 500
City of Conway Government 415
Kroger Grocery Store (2 stores) 400
Hendrix College Education 350