Arkansas Ranks 48th in New Per Capita GDP Estimates - KAIT Jonesboro, AR - Region 8 News, weather, sports

Little Rock, AR

Arkansas Ranks 48th in New Per Capita GDP Estimates

LITTLE ROCK, AR - Arkansas ranks No. 48 in the new U.S. Bureau of Economic Analysis estimates of states' per capita real gross domestic product.

The bureau says economic growth slowed in most states and regions of the country in 2007.  Nationally, real economic growth slowed from 3.1 percent in 2006 to two percent in 2007, the bureau announced Thursday.  The slowing was most pronounced in Arizona, California, Florida and Nevada, and the bureau said decreases in the construction industry was partly to blame.  Utah had the fastest economic growth at 5.3 percent.

In Arkansas, the 2007 real gross domestic product was $27,781, up from $27,631 a year prior.  Only West Virginia and Mississippi had lower GDPs.

Delaware had the highest GDP, at $56,496.  The national average was $38,020.

(Copyright 2008 by The Associated Press.  All Rights Reserved.)

  • Region 8 News</span><a class="customMoreLink" href="/Global/category.asp?C=4391" target="_top">More >></a>Region 8 NewsMore>>

  • State board turns down Agri school request, supporter says

    State board turns down Agri school request, supporter says

    Thursday, August 10 2017 4:14 PM EDT2017-08-10 20:14:09 GMT
    Wednesday, August 16 2017 11:58 PM EDT2017-08-17 03:58:16 GMT
    (Source: KAIT)(Source: KAIT)

    A plan to open an agricultural charter school in Weiner was denied Wednesday, a supporter of the project said. 

    A plan to open an agricultural charter school in Weiner was denied Wednesday, a supporter of the project said. 

  • Clutter creates policy, officials say

    Clutter creates policy, officials say

    Wednesday, August 16 2017 10:50 PM EDT2017-08-17 02:50:41 GMT
    Wednesday, August 16 2017 11:46 PM EDT2017-08-17 03:46:06 GMT
    A new ordinance in Trumann allows authorities to fine a person up to $50 for debris in ditches. (Source: KAIT)A new ordinance in Trumann allows authorities to fine a person up to $50 for debris in ditches. (Source: KAIT)

    It may cost a little more money if Trumann residents do not clean out their ditches filled with debris, according to city officials. 

    It may cost a little more money if Trumann residents do not clean out their ditches filled with debris, according to city officials. 

  • Free lunch, breakfast crucial for students, Superintendent says

    Free lunch, breakfast crucial for students, Superintendent says

    Wednesday, August 16 2017 11:01 PM EDT2017-08-17 03:01:13 GMT
    Wednesday, August 16 2017 11:42 PM EDT2017-08-17 03:42:07 GMT
    Cedar Ridge School District (Source: KAIT)Cedar Ridge School District (Source: KAIT)

    A pair of schools in Independence County will be providing free lunch and breakfast to every student on campus this year. 

    A pair of schools in Independence County will be providing free lunch and breakfast to every student on campus this year. 

Powered by Frankly