ARKANSAS USA GEOGRAPHY Arkansas is near the geographic and population centers of the United States. Its borders adjoin Texas, Louisiana, Mississippi, Tennessee, Missouri, and Oklahoma with the Mississippi River forming the state’s eastern border. It is located on the same latitude as Osaka, Japan and North Africa. Land Surface 34,036,717 acres East~Alluvial valleys of the Arkansas and Mississippi rivers, with agricultural land dominated by cotton, rice and soybeans North and West~Mountainous or coastal plains South~Wildlife refuges and timberlands Source: Arkansas Forestry Commission Climate Temperate with four seasons, long summers and short winters. Temperature Annual maximum Annual minimum Humidity Annual relative at noon for Arkansas Precipitation Total annual for Arkansas 72.9°F 52.5°F 49% 50.6 inches Major Urban Centers Population (2013 Estimate) Hot Springs, AR MSA 97,173 Pine Bluff, AR MSA 95,815 Jonesboro, AR MSA 125,633 Texarkana, TX-Texarkana, AR MSA 149,619 Fort Smith, AR-OK MSA 279,974 Fayetteville-Springdale-Rogers, AR-MO MSA 491,966 Little Rock-North Little Rock-Conway, AR MSA 724,385 Memphis, TN-MS-AR MSA Source: www.srh.noaa.gov 1,341,746 Source: U. S. Census Bureau POPULATION Arkansas (2010 Census) 2,915,919 Arkansas (2014 Estimate) 2,966,369 Arkansas (2020 Projection) 3,286,837 United States (2010 Census) 308,745,538 United States (2014 Estimate) 318,857,056 United States (2020 Projection) 334,503,458 NATURAL RESOURCES Environmental Regulation Consistent with other states. The Arkansas Department of Environmental Quality issues air, water, and solid waste permits. Arkans as Profile –1 Februa ry 2015 Water Fortune 500 Arkansas has over 283,000 hectares (699,293 acres) of surface water. Over 800 billion liters of high quality ground water are contained in aquifers capable of yielding over 2,000 liters per minute. There are 117 Fortune 500 firms with more than 2,500 operations in Arkansas. Six of the firms, Wal-Mart Stores, Inc., Dillards, Inc., Tyson Foods, Inc., Murphy Oil Corp., J. B. Hunt and Windstream Corp. are headquartered here. Source: Arkansas Department of Environmental Quality (Water Division) Source: Arkansas Economic Development Commission Gross Domestic Product Timber 2013 (Millions of current dollars) Forests cover 18.8 million acres or more than half of the state. Pine woods make up 41%, and the rest is mixed hardwoods, mostly oak. Total Gross Domestic Product $124,218 Services 17.8% Timber growing, harvesting, management, transporting, and processing are major industries in Arkansas. Finance/insurance/ real estate 13.5% Manufacturing 13.4% Source: Arkansas Forestry Commission Wholesale & Retail Trade 13.4% Government 12.2% Information 9.1% Agriculture/forestry/fishing/hunting/mining 7.1% Transportation/warehousing 4.0% Management of companies and enterprises 3.7% Construction 3.4% Utilities 2.4% Minerals Commercial Production~Bromine (#1 in world), cement rock, clay, gypsum, novaculite, quartz crystals, stone, sand and gravel. Source: Arkansas Geological Survey Oil Crude Oil Total Production Reserves 6,640 thousand barrels (2013) 40 million barrels (2013) Source: Bureau of Economic Analysis RETAIL SALES Natural Gas Total Production Reserves Total Retail Sales Coal Total Production Number of Mines 2012 (Top 5 Retail Sectors) 1,139,654 million cubic feet (2013) 13,518 billion cubic feet (2013) 59 thousand short tons (2013) 2 (2013) Source: U. S. Energy Information Administration BUSINESS CLIMATE Market $29,222,936,400 General Merchandise 7,170,044,941 Motor Vehicles & Parts Dealers 5,880,518,091 Gasoline Service Stations 3,654,768,172 Food and Beverage Stores 3,371,068,786 Building Material/Garden Equip./Supply Dealers 1,072,489,184 Source: Economic and Social Research Institute (ESRI) 40% of the U.S. population is within one day’s drive of Arkansas. Major market centers in the region include: Memphis, Chicago, Atlanta, Dallas, Fort Worth, Houston, Kansas City, Oklahoma City, New Orleans, and St. Louis. Principal Industries Manufacturing, agriculture, forestry, transportation, information, business services and tourism. Principal Manufactured Goods Food and Kindred Products, Lumber and Wood Products, Paper and Pulp, Electronic Equipment, Rubber and Plastic Products, Machinery, Transportation Equipment, Chemicals, and Fabricated and Primary Metals. Source: Arkansas Economic Development Commission Arkans as Profile –2 Februa ry 2015 Industrial Manufacturing Structure 2013 TRANSPORTATION Highways Number of Establishments Industry Fabricated Metal Product Manufacturing 520 Wood Product Manufacturing 317 Food Manufacturing 273 Interstate (4 or 5 lanes) 948 kilometers (589.40 miles) NHS*(4 or more lanes) 853 kilometers (530.50 miles) NHS*(2 lanes) 2,482.40 kilometers (1,542.82 miles) *National Highway System Nonmetallic Mineral Product Manufacturing 252 Printing/Related Support Activities 244 Machinery Manufacturing 212 Furniture/Related Products Manufacturing 192 Miscellaneous Manufacturing 193 Transportation Equipment Manufacturing 144 Some of the nation’s leading trucking companies are headquartered in Arkansas. These include ABF Freight System, J. B. Hunt Transport, Maverick Transportation P.A.M. Transport, and USA Truck. Plastic/Rubber Products Manufacturing 142 Source: Little Rock Chamber of Commerce Chemical Manufacturing 119 Paper Manufacturing 76 Primary Metal Manufacturing 75 Computer/Electronic Product Manufacturing 63 Electrical Equipment/Appliances 55 Class I Textile Product Mills 55 Short line Apparel Manufacturing 22 Leather/Allied Products Manufacturing 16 Petroleum/Coal Products Manufacturing 17 Source: U.S. Highway & Transportation Administration Truck and Motor Freight Railroads Of the twenty-five railroad companies in the state, three are Class I (Burlington Northern Santa Fe, Kansas City Southern and Union Pacific) and 22 are short line. Rice (#1 in nation) Airports The state has approximately 100 public use airports. Commercial service is provided by seven airlines at the Bill and Hillary Clinton National Airport and by five airlines NWARA near Bentonville. Commuter service is also available at El Dorado, Fort Smith, Harrison, Hot Springs, Jonesboro, Mountain Home, Pine Bluff and Texarkana. Poultry (#3 in nation) 820 thousand bales (2013) Soybeans (#9 in nation) Wheat 2014 111.9 million hundredweight Cotton (#5 in nation) Source: Source: www.fly-lit.com (Bill and Hillary Clinton National Airport), www.flyxna.com and www.airnav.com 996.4 million birds 160.5 million bushels (2013) 1,433.62 kilometers (891 miles) Source: Arkansas Business Source: Arkansas Covered Employment & Earnings Principal Agricultural Products 3,045.84 kilometers (1,893 miles) Waterways 38.1 million bushels Tourists spent more than $5.9 billion in Arkansas in 2013; the Ozark and Ouachita Mountain Regions and the Buffalo National River are popular recreational areas. The Crater of Diamonds State Park near Murfreesboro is the only diamond producing site in the world open to the public. Arkansas has one of the largest inventories of navigable waterways in the nation with 1,099 kilometers (more than 1,000 miles) along five rivers. A navigable river is within 65 miles of every county in the state. Nine cities have public terminals: Mississippi River~Osceola, West Memphis, Helena-West Helena, and Yellow Bend near McGehee. Arkansas River~Little Rock, Pine Bluff, and Fort Smith Ouachita River~Camden and Crossett Source: Arkansas Department of Parks & Tourism Source: Arkansas Waterways Association Source: USDA-Arkansas Field Office Tourism Arkans as Profile –3 Februa ry 2015 EMPLOYMENT Labor Force Employment Distribution (In thousands) 2011 Civilian Labor Force Employment Unemployment 2013 Trade, Transportation & Utilities 21% Government 16% 1,370,000 1,355,800 1,326,500 Education & Health Services 15% 1,260,000 1,257,000 1,226,400 Manufacturing 14% Professional & Business Services 11% Leisure & Hospitality 9% Construction 4% Financial Activities 4% Natural Resources & Mining 2% Other Services 2% Information 1% 110,000 98,800 100,100 8.0 7.3 7.5 1,170,000 1,177,400 1,177,400 11,100 10,700 9,700 Unemployment Rate Nonfarm Payroll Jobs 2012 2012 Natr’l Resorcs./Mining Construction 47,300 47,400 45,700 Manufacturing 158,900 155,900 152,500 Trade, Trans./Utilities 238,100 242,800 241,600 14,900 14,500 14,200 Information Financial Activities Source: Arkansas Department of Workforce Services 48,500 49,100 49,500 Prof. /Business Serv. 122,700 123,000 128,200 Four-year Public Universities 11 Education/Health Serv. 168,000 171,800 171,900 Two-year Public Colleges 22 Leisure/Hospitality 100,200 102,800 105,400 Independent Colleges and Universities 11 43,500 43,500 43,100 216,900 215,900 215,600 Other Services Government EDUCATION Technical Institutes/Vocational-Technical Schools 3 Source: Arkansas Department of Workforce Services Source: Arkansas Department of Higher Education and Arkansas Department of Career Education Income and Wages Financing Available 2013 (Current dollars) Earnings & Income Arkansas USA Average Hourly Earnings $18.52 $23.96 Per Capita Personal Income $36,086 $44,543 Foreign Trade Zones (FTZ) PERSONAL INCOME BY SOURCE (Thousands of dollars) Foreign Trade Zones are located at the Little Rock Port and West Memphis Port. Active Little Rock subzones are located in De Queen, El Dorado and Nashville. 2013 Earnings by Industry Farm earnings Nonfarm earnings Municipal and County Industrial Revenue Bonds General Obligation Bonds State Loan/Guarantee Programs Development Finance Corporations Diamond State Ventures (Venture Capital) 2,590,513 Labor Laws 62,273,079 Mining 1,050,128 Right-to-work law forbids compulsory union membership for employment. Minimum wage is set by state and federal laws. Construction 3,891,893 Source: Arkansas Economic Development Commission Manufacturing 8,591,617 Wholesale Trade 3,577,942 Retail Trade 4,892,224 Transportation and warehousing 3,605,625 Finance, and Insurance 2,757,972 Forestry, fishing, related activities 536,546 Government and government enterprises 12,358,665 Dividends, Interest, Rent 22,528,098 Transfer Receipts TOTAL PERSONAL INCOME 24,709,156 108,603,298 Source: Bureau of Economic Analysis Arkans as Profile –4 Februa ry 2015