Document Type

Report

Publication Date

11-1-2010

Keywords

Agriculture and food sector

Abstract

This report is the fifth in a series of reports examining agriculture’s economic contribution to the Arkansas economy. Utilizing data from the United States Bureau of Economic Analysis (BEA), USDA Economics Research Service (ERS), USDA National Agricultural Statistics Service (NASS), and Minnesota IMPLAN Group, Inc. (MIG), the economic contribution of agriculture on the Arkansas economy was estimated for the most recent year available, 2008. Gross Domestic Product (GDP) by State information for Arkansas was compared with those of other states in the southeast U.S. to give a measure of the relative importance of agriculture in Arkansas.2 The total economic contribution of agriculture (direct, indirect, and induced effects) on value added, employment, and labor income was estimated by employing the Impact Analysis for Planning System (IMPLAN). The economic contributions of agricultural production and processing were estimated for agriculture as a whole and also separately for the Crops Sector, the Animal Agriculture Sector, and the Forestry Sector

Series Number

989

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