|
 Forklift Attachments Arkansas - The US state of Arkansas is located within the southern area of the US. The name comes from the Quapaw Indians Algonquian name. Arkansas shares its borders together with six other states: Missouri towards the north, Tennessee and Mississippi towards the east, the state of Louisiana to the south, Texas in the southwest, Oklahoma towards the west, and Mississippi River on a large part of the eastern border. Its diverse geography ranges from the mountainous regions of the Ouachita Mountains and the Ozarks, which make up the U.S. Interior Highlands, to the eastern lowlands along the Mississippi River. The capital and most densely inhabited city is Little Rock, situated in the central portion of the state of Arkansas.
In the year 2010, the gross domestic product for Arkansas was $103 billion. In the year 2004, the per capita household median income was $35,295, according to the Census Bureau of the US. Agricultural production in the state comprises poultry and eggs, soybeans, sorghum, cattle, rice, cotton, milk and hogs. Its industrial outputs are food processing, electric equipment, fabricated metal products, machinery, paper products, bromine, and vanadium.
As of August 2011, the state's unemployment rate is 8.3%.
Several international companies are headquartered within the northwest corner of Arkansas, like for instance Tyson Foods, Wal-Mart and J.B. Hunt. This area of Arkansas has experienced an economic boom since the 1970s as a result.
In the eastern regions of Arkansas, automobile components manufacturers have opened factories in order to support their auto plants within different states.
Tourism is also very essential to the Arkansas economy; the official state nickname "The Natural State" was initially created for state tourism advertising in the 1970s, and is still regularly utilized to this day.
Forbes.com has ranked the state of Arkansas as the 21st best for The Best States for Business, 9th for Business Cost, 40th for Labor, 17th for Economic Climate, 22nd for Regulatory Environment, 9th for Growth Prospects, 34th in Gross Domestic Product, and positive economic change of 3.8% or ranked 22nd.
The state also ranks 3rd in terms of channel catfish aquaculture, with about 19,200 acres (78 km2) under catfish farming during the year 2010. The peak of catfish farming in the state was during the year 2002, when 38,000 acres (150 km2) were under farming. During 2007, the state's catfish producers generated sales of $71.5 million, 16 percent of the total U.S. market. The state of Arkansas was the very first state to develop commercial catfish farms during the late 1950s. The number of catfish farms in the state of Arkansas grew through the 1990s as farmers entered the catfish industry as a way to provide extra earnings during a time of low prices for cotton and soybeans. Banks loaned money to support what they saw as a stable source of income.
| |
