Economy of Nebraska State

June 29, 2010US State Economiesby EconomyWatch

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Demography And Social Indicators

Nebraska is a Great Plains state of the Central United States. The state is bordered by Iowa and Missouri, across the Missouri R., Kansas, Colorado, Wyoming, and South Dakota.

The state has a total geographical area of 77,354 sq mi; with a land area of 76,872 sq mi; and acres forested 0.9 mil.

Agriculture is the most dominant occupational pursuit of the state's economy.

Demography And Social Indicators
The total estimated population of the state as of 2005 is 1,758,787 in comparison to 1,747,214 in July 2004. The net Change in the population of the state in 2002-03 was 0.7%. According to the US Census 2000, the total population of the state is 1,711,263.

Density of population was 22.6 per sq mi.

With regards to Racial Distribution (2000): White 89.6; Black 4.0%; Asian 1.3%; Native American 0.9%.

The rate of unemployment in the state (2003) was 4%.

Business and Economy of Nebraska

According to the Bureau of Economic Analysis, Nebraska's gross state product in 2004 was $68 billion with a Per capita personal income of $31,339 in the same year.

Chief Industries of the state are agriculture and manufacturing.

Important manufacturing goods of the state are processed foods, industrial machinery, printed materials, electric and electronic equipment, primary and fabricated metal products, transportation equipment.

Major Crops are corn, sorghum, soybean, hay, wheat, dry beans, oats, potatoes and sugar beets.Live stock (Jan 2004): 6.25 mil. Cattle/calves; 102,000 sheep/lambs; (Jan 2003): 2.9 mil hogs/pigs; (Dec 2003): 14.2 mil Chickens. Apart from this, deposits of oils contribute to the economy in a larger extent.

Energy Production In Nebraska
Electricity Production (est. 2003, kwh by source):
Coal 20.9 bil; Gas 404 mil; Hydroelectric; 980 mil; Nuclear 8 bil; Other 30 mil.
Tourist Attraction Of Nebraska
The important tourist places of the state are as follows:

  • State Museum (Elephant Hall), State Capitol, both at Lincoln;
  • Stuhr Museum of the Prairie Pioneer, Grand Island;
  • Museum of the Fur Trade, Chadron;
  • Henry Doorly Zoo, Joslyn Art Museum, both Omaha;
  • Ash fall Fossil Beds, Strategic Air command Museum, Ashland;
  • Boys Town, West of Omaha;
  • Arbor Lodge State Park, Nebraska City;
  • Buffalo Bill Ranch State Hist. Park, North Platte;
  • Pioneer Village, Minden;
  • Ft Robinson;
  • Hastings Museum, Hastings.

Colleges, Schools and Universities In Nebraska

  • University of Nebraska-Lincoln
  • University of Nebraska at Kearney
  • University of Nebraska at Omaha
  • University of Nebraska Medical Center
  • Nebraska College of Technical Agriculture
  • Bellevue University
  • Clarkson College
  • Concordia University
  • Creighton University
  • Dana College
  • Doane College
  • Grace University
  • Hastings College
  • Midland Lutheran College
  • Nebraska Christian College
  • Nebraska Methodist College
  • Nebraska Wesleyan University
  • Platte Valley Bible College
  • Union College
  • Chadron State College
  • Peru State College
  • Wayne State College

Further Readings