Trying to locate storage spaces for rent in Arkansas? Enter the listing above and discover all the different options and choose the place that fits your needs.Arkansas is home to a diverse and dynamic set of industries that have helped to shape the state's economy and make it one of the most vibrant in the country. The major industries in Arkansas include agriculture, forestry, manufacturing, energy, and tourism.
Agriculture is the largest industry in Arkansas, making up nearly 15% of the state's total labor force. The state is home to the largest rice producer in the nation and is a major producer of soybeans, cotton, and poultry. Arkansas is also a strong producer of forestry products, including lumber and wood pulp.
Manufacturing is the second largest industry in Arkansas, accounting for over 14.75% of the state's labor force. (https://www.nam.org/state-manufacturing-data/2022-arkansas-manufacturing-facts/)
The state is home to a number of automotive and aerospace manufacturing plants, as well as a variety of other industries such as food processing, chemicals, and metals.
Energy is another major industry in Arkansas, with the state being home to a number of large oil and gas reserves. Arkansas is also a major producer of electricity, with the Arkansas River Power Authority supplying electricity to much of the state and the region.
Tourism is a major contributor to the Arkansas economy, with the state being home to a number of attractions, including the Hot Springs National Park, Arkansas State Capitol, and the historic Arkansas Post. Tourism provides jobs for thousands of people in the state, making it an important industry for the state's economy.
The GDP of Arkansas is estimated to be around $144.5 billion in 2021, making it the 36th largest economy in the nation. (https://www.deptofnumbers.com/gdp/arkansas/)
The state's economic growth has been steady for the past 5 years ending in 2021 with a 8.37% real GDP growth (https://www.deptofnumbers.com/gdp/arkansas/)
Overall, Arkansas is a state with a diverse and dynamic set of industries that are helping to power its economy. From agriculture and forestry to manufacturing and energy to tourism, the state is home to a number of different industries that are helping to make it a vibrant and growing economy.