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The economy of Arkansas produced $176.24 billion of gross domestic product in 2023. [1] Six Fortune 500 companies are based in Arkansas, including the world's #1 corporation by revenue, Walmart. [8] Arkansas's per capita income for 2023 was $54,347, and the median household income was $55,432, which ranked 47th among U.S. states. [2][9]
The term "Northwest Arkansas" is commonly used to refer to the rapidly growing cities of Benton and Washington counties in the geographic corner of the state. Northwest Arkansas, often abbreviated NWA, has become known as a cohesive region due to the efforts of the Northwest Arkansas Council, an association of community and business leaders formally organized in 1990 to promote regionalization ...
In the 21st century, Arkansas's economy is based on service industries, aircraft, poultry, steel, and tourism, along with important commodity crops of cotton, soybeans and rice. The state supports a network of public universities and colleges, including two major university systems: Arkansas State University System and University of Arkansas ...
Springdale is the fourth-most populous city in Arkansas, United States. It is located in both Washington and Benton counties in Northwest Arkansas. Located on the Springfield Plateau deep in the Ozark Mountains, Springdale has long been an important industrial city for the region. [7] In addition to several trucking companies, the city is home ...
The most prominent varieties of rice planted within Arkansas, with their respective percentages of acreage occupied of total area under rice cultivation are: Wells (45.2%), Cocodrie (21.8%), Bengal (11.2%), Francis (6.3%), CL 161 (4.7%), and LaGrue (2.6%). [7] Wells, the most prominent variety of rice grown in Arkansas, is a long grain rice ...
This was the site of some major defense establishments and multiple smaller industries. A technical campus of Southern Arkansas University is also located there. In the 1990s, post Cold War downsizing of the defense industry brought severe job losses—and resulting population decline—to the Camden area. The International Paper Company mill ...
Riceland Foods, Inc. is the largest farmer-owned rice and soybean marketing cooperative in the world with headquarters in Stuttgart, Arkansas, United States. The cooperative was founded in 1921 and has become a major rice and grain miller and a global marketer of the same. Approximately 5000 farmers own or deliver to the cooperative which ...
The Arkansas River Valley, also known as the Arkansas Valley, is a region in Arkansas defined by the Arkansas River in the western part of the state. Generally defined as the area between the Ozark and Ouachita Mountains, [1] the River Valley is characterized by flat lowlands covered in fertile farmland and lakes periodically interrupted by high peaks.