The state of Arkansas is the 29th largest state with an area of 53,179 square miles. With a population of 2,966,369 as it was estimated at 2014, Arkansas is on the 32nd friendliest regulatory environment and on the 5th position of lowest cost of living. The most popular tourist attractions of the state are: “Crater of diamonds”, “William J Clinton” – Presidential library and museum and the highest point in Arkansas “Mount Magazine State Park” in the Ouachita mountains.
Based on the Smartest State Award “Morgan Quitno”, the state of Arkansas is the 32nd smartest state in the US.
Arkansas has eleven private colleges and universities, including the art college “Hendrix College” which is one of the best 100 natural liberal art colleges. The state is ranked on the 28th position of the best educated workforce.
Arkansas’s economy has been improved and diversified to meet the needs of today’s customer. With a GDP of $105 billion as it was estimated at 2010, Arkansas ranks as one of the 20th best states for business and on the 2nd position for the lowest costs of doing business. In Arkansas are situated six Fortune 500 companies that own a list of closely held and public corporations, ranked by their gross earnings including the number one world’s retailer Walmart.
Main occupation in the state is agriculture (poultry and eggs, soybeans, sorghum, cattle, rice, hogs and milk). The mines in Arkansas produce the most important mineral products such as natural gas, oil, crushed stone, bromine and vanadium. The state of Arkansas is considered as the most affordable US state to live in. It is on the 20th place for best economic climate and on the 11th position of best workforce.
In Arkansas resides the APA, “Arkansas Pawnbrokers Association”.