Economy of Arkansas

[13] Civilian aircraft was the primary export from Arkansas in 2011 in terms of market share, worth approximately half a billion dollars.

Poultry, cotton, rice, graders, ammunition, organic chemicals, steel, and shock absorbers are also important exports from Arkansas.

[14] Arkansas's primary exporting partners in 2011 included Canada (24.9%), Mexico (12.1%), China (7.4%), Japan (3.8%), South Korea (3.5%), France (3.0%), and Singapore (3.0%).

[17] Arkansas produced 588,700,000,000,000 British thermal units (1.725×1011 kWh) in 2007, mostly from coal, petroleum, nuclear, and renewable energy sources.

[18] In 2007, 46.2% of Arkansas's energy production was from natural gas, 27.6% from nuclear power, 19.9% from renewable sources, 6.2% from fossil fuels.

[21] The state's low population density results in higher electricity costs and more gallons of fuel used per vehicle.

[22] Arkansas consumes more natural gas and renewable energy and less fossil fuels than the national average.

The region, especially El Dorado and Smackover, oil production exploded into a large part of the Arkansas economy.

Today, petroleum is a minor piece of the state economy, yet the industry remains one of the largest employers in the region.

Hydraulic fracturing in the Fayetteville Shale has impacted much of the region's economy, including Cleburne, Conway, Faulkner, Van Buren, and White counties.

[26][27][28] Although accounting for a small portion of Arkansas's energy production mixture, coal reserves are being mined in the state.

They include wrecker and towing services; for-hire transportation;[39] dry cleaning and laundry; body piercing, tattooing and electrolysis; pest control; security and alarm monitoring; self-storage facilities; boat storage and docking; and pet grooming and kennel services.

Cities and counties have the authority to enact additional local sales and use taxes if they are passed by the voters in their area.

Low-income taxpayers with a total annual household income of less than $12,000 are permitted a sales tax exemption for electricity usage.

A 10% supplemental mixed drink tax is imposed on the sale of alcoholic beverages (excluding beer) at restaurants.

The nuclear reactors at Arkansas Nuclear One in Russellville provide the state of Missouri and other states with electricity.
Beaver Dam in Carroll County is capable of producing 340 megawatts (460,000 hp) of energy at capacity.