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Iowa

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Adair, Adams, Allamakee, Appanoose, Audubon, Benton, Black Hawk, Boone, Bremer, Buchanan, Buena Vista, Butler, Calhoun, Carroll, Cass, Cedar, Cerro Gordo, Cherokee, Chickasaw, Clarke, Clay, Clayton, Clinton, Crawford, Dallas, Davis, Decatur, Delaware, Des Moines, Dickinson, Dubuque, Emmet, Fayette, Floyd, Franklin, Fremont, Greene, Grundy, Guthrie, Hamilton, Hancock, Hardin, Harrison, Henry, Howard, Humboldt, Ida, Iowa, Jackson, Jasper, Jefferson, Johnson, Jones, Keokuk, Kossuth, Lee, Linn, Louisa, Lucas, Lyon, Madison, Mahaska, Marion, Marshall, Mills, Mitchell, Monona, Monroe, Montgomery, Muscatine, O'Brien, Osceola, Page, Palo Alto, Plymouth, Pocahontas, Polk, Pottawattamie, Poweshiek, Ringgold, Sac, Scott, Shelby, Sioux, Story, Tama, Taylor, Union, Van Buren, Wapello, Warren, Washington, Wayne, Webster, Winnebago, Winneshiek, Woodbury, Worth, Wright

State Economy

States Without Income Tax

The United States is one of the largest and most technologically developed countries in the world. The Gross Domestic Product of the country in terms of purchasing power parity of the country has reached at $12.36 trillion (2005 est.).

Iowa Economy

Agriculture and Industry in Iowa

Iowa economy is a set of human and social activities and institutions related to the production, distribution, exchange and consumption of agriculture and industry goods and services. The balance between Iowa various economic sectors differs largely between various regions and other states in the US.

Iowa Agriculture and Industry

Iowa's fertile soil makes the production of grain, particularly, corn a central part of the state's economy. Hay and oats are also major crops. Corn grown in Iowa is used to feed livestock, making cattle and pig production another important element of the economy. In 1997, Iowa led the nation in the production of corn, soybeans, hogs, and pigs, and ranked in the top ten states in the raising of cattle. Today, Iowa's farm income ranks second in the US

Agriculture also benefits the state's chief industry, food processing. Many factories in Sioux City and Cedar Rapids process farm products. Cement is the most important mineral product; others are stone, sand, gravel, and gypsum. Mineral production is small, however.

Iowa Agriculture:

Hogs, corn, soybeans, oats, cattle, dairy products.

Iowa Industry:

Food processing, machinery, electric equipment, chemical products, printing and publishing, primary metals.

The state's total gross state product for 2003 was $103 billion. Its per capita income for 2003 was $28,340. Iowa's main agricultural outputs are hogs, corn, soybeans, oats, cattle and dairy products. Its industrial outputs are food processing, machinery, electric equipment, chemical products, publishing and primary metals. Iowa produces the nation's largest amount of ethanol. Des Moines also serves as a center for the insurance industry.

State Economies

A central feature of the US economy is a reliance on private decision-making ("economic freedom") in economic decision-making. This is enhanced by relatively low levels of regulation, taxation, and government involvement, as well as a court system that generally protects property rights and enforces contracts.

The US is rich in mineral resources and fertile farm soil. It also has extensive coastlines on the Atlantic and Pacific Oceans, as well as on the Gulf of Mexico. Rivers flow from far within the continent, and the Great Lakes along the US border with Canada - provide shipping access. These waterways have helped shape the country's economic growth over the years and helped bind America's 50 individual states together in a single economic unit.