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Economic Summary of Arkansas
editThe GDP for Arkansas was $109 billion in 2012[1]. Arkansas had an estimated population of 2.949 million as of 2012[2]. The GDP per capita was $31,837 in 2012[3].
Counties
editThere are 75 counties in Arkansas. Below are the top ten localities ranked by population 2010.[4]
Rank | Locality | Population 2010 |
---|---|---|
1 | Pulaski | 382,748 |
2 | Benton | 221,339 |
3 | Washington | 203,065 |
4 | Sebastian | 125,744 |
5 | Faulkner | 113,237 |
6 | Saline | 107,118 |
7 | Craighead | 96,443 |
8 | Garland | 96,024 |
9 | Jefferson | 77,435 |
10 | White | 77,076 |
Cities
editTop 10 cities in Arkansas by estimated city proper population in 2010.[5]
Rank | City | Locality | Population 2010 |
---|---|---|---|
1 | Little Rock | 193,524 | |
2 | Fort Smith | 86,209 | |
3 | Fayetteville | 73,580 | |
4 | Springdale | 69,797 | |
5 | Jonesboro | 67,263 | |
6 | North Little Rock | 62,304 | |
7 | Conway | 58,908 | |
8 | Rogers | 55,964 | |
9 | Pine Bluff | 49,083 | |
10 | Bentonville | 35,301 |
Industries
editArkansas industries by GDP 2012.[6]
Industry | GDP value added $ billions 2012 | % of total GDP |
---|---|---|
Government | 15.41 | 14.07% |
Real estate and rental leasing | 11.54 | 10.53% |
Health care and social assistance | 8.79 | 8.02% |
Retail trade | 8.10 | 7.39% |
Non-durable manufacturing | 7.90 | 7.21% |
Wholesale trade | 7.75 | 7.07% |
Durable manufacturing | 7.70 | 7.03% |
Finance and insurance | 5.18 | 4.73% |
Transportation and warehousing | 5.02 | 4.58% |
Construction | 4.36 | 3.98% |
Professional, scientific, and technical services | 4.04 | 3.69% |
Management of companies and enterprises | 3.91 | 3.57% |
Utilities | 3.24 | 2.96% |
Accommodation and food services | 2.95 | 2.69% |
Agriculture, forestry, fishing and hunting | 2.79 | 2.55% |
Other private services | 2.70 | 2.46% |
Information | 2.58 | 2.35% |
Administrative and waste support services | 2.46 | 2.25% |
Mining | 2.13 | 1.94% |
Educational services | 0.57 | 0.52% |
Arts, entertainment, and recreation | 0.43 | 0.39% |
Total | 109.56 | 100% |
Employment
editArkansas employment by industry in June 2013.[7]
Industry | Employment thousands June 2013 | Percent of total employment |
---|---|---|
Trade, transportation and utilities | 251.5 | 21.23% |
Government | 214.9 | 18.14% |
Education & health services | 174.4 | 14.72% |
Manufacturing | 154.3 | 13.02% |
Professional & business services | 123.1 | 10.39% |
Leisure & hospitality | 102.5 | 8.65% |
Financial activities | 48.5 | 4.09% |
Construction | 47.8 | 4.03% |
Other services | 43.1 | 3.64% |
Information | 14.6 | 1.23% |
Mining and logging | 10.2 | 0.86% |
Total non-farm | 1,184.9 | 100% |
Corporations
editTop 10 Arkansas based corporations by revenue in 2012[8]
Rank | Corporation | Revenue $ millions 2012 | Profit $ millions 2012 | Assets 2012 | Debt Ratio 2012 | Headquarters | Employees 2012 | Market cap 3/29/12 $ billions | Industry |
---|---|---|---|---|---|---|---|---|---|
1 | Wal-Mart Store | 446,950 | Bentonville | ||||||
2 | Tyson Foods | 32,266 | Springdale | ||||||
3 | Murphy Oil | 31,446 | El Dorado | ||||||
4 | Dillard's | 6,400 | Little Rock | ||||||
5 | |||||||||
6 | |||||||||
7 | |||||||||
8 | |||||||||
9 | |||||||||
10 |
Government Finances
editIn 2011, the state government of Arkansas had total revenue of _____ billion. Total expenditures were _____ billion.[9]
The total debt outstanding in 2011 was _____ billion[10] (____% of GDP[11]).
The total cash and security holdings in 2011 was _____ billion[12].
Revenue by Source | $ millions | Percent of revenue |
---|---|---|
Intergovernmental revenue from Federal Government | ||
Intergovernmental revenue from local governments | ||
Property taxes | ||
Sales and gross receipts | ||
Individual income tax | ||
Corporate income tax | ||
Motor vehicle license | ||
Other taxes | ||
Charges and miscellaneous general revenue | ||
Utility revenue | ||
Liquor store revenue | ||
Insurance trust revenue | ||
Total | 100% |
Expenditure | $ millions | Percent of expenditure |
---|---|---|
Intergovernmental expenditure | ||
Education | ||
Libraries | ||
Public welfare | ||
Hospitals | ||
Health | ||
Employment security administration | ||
Veterans' services | ||
Highways | ||
Air transport | ||
Parking facilities | ||
Sea and inland port facilities | ||
Police protection | ||
Fire protection | ||
Correction | ||
Protective inspection and regulation | ||
Natural resources | ||
Parks and recreation | ||
Housing and community development | ||
Sewerage | ||
Solid waste management | ||
Financial administration | ||
Judicial and legal | ||
General public buildings | ||
Other governmental administration | ||
Interest on general debt | ||
Miscellaneous commercial activities | ||
Other and unallocable | ||
Utility expenditure | ||
Liquor store expenditure | ||
Insurance trust expenditure | ||
Total | 100% |
Financial Institutions
editTop ten banks by assets in Arkansas
Rank | Bank | Assets $ millions | Profit $ millions _____ | Headquarters | Employees |
---|---|---|---|---|---|
1 | |||||
2 | |||||
3 | |||||
4 | |||||
5 | |||||
6 | |||||
7 | |||||
8 | |||||
9 | |||||
10 |
References
edit- ^ http://www.bea.gov/newsreleases/regional/gdp_state/gsp_newsrelease.htm
- ^ http://www.census.gov/popest/data/state/totals/2012/index.html
- ^ http://bber.unm.edu/econ/st-gdp5.htm
- ^ http://www.arkansas-demographics.com/counties_by_population
- ^ http://www.arkansas-demographics.com/cities_by_population
- ^ http://www.bea.gov/iTable/iTable.cfm?ReqID=70&step=1#reqid=70&step=1&isuri=1&7036=-1&7007=2011&7093=Levels&7090=70&7006=53000&7001=1200&7002=1&7003=200&7004=NAICS&7005=-1&7035=-1
- ^ http://www.bls.gov/eag/home.htm
- ^ http://money.cnn.com/magazines/fortune/fortune500/2012/states/CA.html
- ^ http://www.census.gov/govs/local/
- ^ http://www.census.gov/govs/local/
- ^ http://www.bea.gov/newsreleases/regional/gdp_state/gsp_newsrelease.htm
- ^ http://www.census.gov/govs/local/