Agriculture and food sector
This report is the seventh in a series of reports examining agriculture’s economic contribution on the Arkansas economy. Utilizing data from the United States Bureau of Economic Analysis (BEA), USDA Economic 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, 2010. Gross Domestic Product (GDP) by State information for Arkansas in 2010 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 with 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.
McGraw, K., Popp, J., & Miller, W. (2012). Economic Contribution of the Agricultural Sector to the Arkansas Economy in 2010. Research Reports and Research Bulletins. Retrieved from https://scholarworks.uark.edu/aaesrb/8