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Economic Summary of Arkansas

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The 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

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There 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

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Top 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

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Arkansas 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

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Arkansas 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

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Top 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

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In 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

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Top 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

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http://meta.wikimedia.org/wiki/Global_Economic_Map