Economy of Arkansas

The economy of Arkansas produced US$106 billion of gross domestic product in 2010. Four Fortune 500 companies are based in Arkansas, including the world's #1 retailer, Walmart. Arkansas's per capita income for 2010 was $36,027. The three-year median household income from 2009-11 was $39,806, ranking forty-ninth in the nation.

According to Forbes.com Arkansas currently ranks 21st for The Best States for Business, 9th for Business Cost, 40th for Labor, 22nd for Regulatory Environment, 17th for Economic Climate, 9th for Growth Prospects, 34th in Gross Domestic Product, and positive economic change of 3.8% or ranked 22nd.

Arkansas ranks as one of the top states for charitable giving. In 2011, Arkansans gave 6.3% of their discretionary income to charity, ranking it as the seventh-most generous state. The Pine Bluff metropolitan area ranked as the seventh-most charitable metro area in the nation during the same time period.

Read more about Economy Of Arkansas:  Exports, State Taxes

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