Map: The largest company by revenue in every state & List of U.S. states by income 23JUN14

HERE'S an interesting map of the largest (financially) companies in each state followed by a map and stats of each state's median household income and per capita income. Check out your state, and it is up to you to decide if that company's dominant presence in your state is something to be proud of or not. From the +Washington Post & +Wikipedia .....

Map: The largest company by revenue in every state

By Niraj Chokshi June 23

(Broadview Networks, with modifications)

(Note: The largest corporations in Alaska, Iowa Kansas have been updated in the map and data to reflect corrections made by Broadview Networks and newly updated Hoover’s data.)
A state economy is nothing without the businesses that call it home. But those businesses are not created equally—bigger businesses naturally have outsized influence, generating more revenue, paying more taxes and employing more people.
The map above (larger version) identifies the largest company by revenue in every state, according to a review of data maintained by business research firm Hoover’s conducted by information technology company Broadview Networks, which provides cloud services. The businesses span quite the range: They rake in anywhere from $1 billion to $476 billion and represent various sectors, including energy, banking and retail. Broadview ignored branches or foreign offices in the review and, for consistency, excluded subsidiaries or government entities.
Databases differ on which business is the largest in each state, however. We reviewed the Fortune 1000, as well as a mixture of sources listed on research source Lexis Nexis, and confirmed many, but not all, of the companies on Broadview’s list. This may be explained by differing methodology used by the various sources in identifying a company’s headquarters or revenue. As such, we’re duplicating Broadview’s list below largely as is for consistency. Despite disagreements over methodology, the data offer insight into powerhouse businesses in each state.
Here’s the data from Broadview Networks, culled from Hoover’s:

State	City	Top company by revenue	Revenue (billions)
Alabama	Birmingham	Regions Bank	$5.89
Alaska*	Juneau	First National Bank Alaska	$2.4
Arizona	Phoenix	Avnet, Inc.	$25.45
Arkansas	Bentonville	Wal-Mart Stores	$476.29
California	San Ramon	Chevron Corporation	$228.84
Colorado	Englewood	Arrow Electronics, Inc.	$21.35
Connecticut	Fairfield	General Electric	$146.04
Delaware	Wilmington	E.I. du Pont de Nemours and Company	$36.14
Florida	Doral	World Fuel Services Corporation	$41.56
Georgia	Atlanta	Home Depot International, Inc.	$85.53
Hawaii	Honolulu	Hawaiian Electric Industries, Inc.	$3.23
Idaho	Boise	Micron Technology, Inc.	$9.07
Illinois	Decatur	Archer Daniels Midland	$89.80
Indiana	Indianapolis	WellPoint	$71.02
Iowa	Cedar Rapids	Transamerica Life Insurance Company	$19.64
Kansas	Wichita	Koch Industries, Inc.	$115
Kentucky	Louisville	Humana, Inc.	$41.31
Louisiana	Monroe	CenturyLink, Inc.	$18.09
Maine	Scarborough	Hannaford Bros. Co.	$3.98
Maryland	Bethesda	Lockheed Martin Corporation	$45.35
Massachusetts	Boston	Liberty Mutual Holding Company, Inc.	$38.50
Michigan	Detroit	General Motors	$155.42
Minnesota	Wayzata	Cargill, Inc.	$136.65
Mississippi	Laurel	Sanderson Farms, Inc.	$2.68
Missouri	St. Louis	Express Scripts Holding	$104.09
Montana	Billings	Stillwater Mining Company	$1.03
Nebraska	Omaha	Berkshire Hathaway	$182.15
Nevada	Las Vegas	Las Vegas Sands Corp.	$13.76
New Hampshire	Portsmouth	Sprague Resources LP	$4.60
New Jersey	New Brunswick	Johnson & Johnson	$71.31
New Mexico	Albuquerque	Presbyterian Healthcare Services	$2.05
New York	New York	Verizon Communications	$120.55
North Carolina	Charlotte	Bank of America	$101.69
North Dakota	Bismarck	MDU Resources Group, Inc.	$4.46
Ohio	Dublin	Cardinal Health	$101.09
Oklahoma	Oklahoma City	Love’s Travel Stops & Country Stores, Inc.	$26.09
Oregon	Beaverton	Nike, Inc.	$25.31
Pennsylvania	Chesterbrook	AmeriSourceBergen	$87.95
Rhode Island	Woonsocket	CVS Caremark	$126.76
South Carolina	Hartsville	Sonoco Products Company	$4.48
South Dakota	Sioux Falls	Sanford Health	$3.10
Tennessee	Memphis	FedEx Corporation	$44.28
Texas	Irving	Exxon Mobil	$438.25
Utah	Salt Lake City	Huntsman Corporation	$11.07
Vermont	Waterbury	Keurig Green Mountain, Inc.	$4.35
Virginia	McLean	Freddie Mac	$81.22
Washington	Issaquah	CostCo Wholesale	$105.15
West Virginia	Morgantown	West Virginia University Hospitals, Inc.	$42.73
Wisconsin	Milwaukee	Johnson Controls, Inc.	$42.73
Wyoming	Gillette	Cloud Peak Energy, Inc.	$1.39

(Source: Hoover’s, via Broadview Networks)
* Note: Broadview’s original list included a government-owned entity as Alaska’s largest company. First National Bank Alaska is the state’s largest corporation, according to a review of a compendium of business data on Lexis Nexis.

List of U.S. states by income

From Wikipedia, the free encyclopedia

This is a list of U.S. states by income.

States ranked by median household income

This is a map of median household income in the United States taken from data from this table compiled from fact2finder.census.gov.

Median Household Income by State [1] [2] [3][4] [5] [6][7]

Rank	State	2011	2009	2008	2007	2004-2006
1	Maryland	$70,004	$69,272	$70,545	$68,080	$62,372
2	Alaska	$67,825	$68,342	$70,378	$67,035	$64,169
3	New Jersey	$67,458	$67,034	$68,595	$65,967	$59,972
4	Connecticut	$65,753	$66,953	$68,460	$64,333	$57,639
	District of Columbia	$63,124	$64,098	$67,214	$63,746	$60,681
5	Massachusetts	$62,859	$64,081	$65,401	$62,365	$56,236
6	New Hampshire	$62,647	$60,567	$63,731	$62,369	$60,489
7	Virginia	$61,882	$59,330	$61,233	$59,562	$55,108
8	Hawaii	$61,821	$59,290	$57,936	$54,317	$47,221 (2005)[8] PDF
9	Delaware	$58,814	$58,931	$61,021	$59,948	$53,770
10	California	$57,287	$56,860	$57,989	$54,610	$52,214
11	Minnesota	$56,954	$56,548	$58,078	$55,591	$53,439
12	Washington	$56,835	$55,616	$57,288	$55,082	$57,363
13	Wyoming	$56,322	$55,430	$56,993	$55,212	$54,039
14	Utah	$55,869	$55,117	$56,633	$55,109	$55,179
15	Colorado	$55,387	$54,659	$56,033	$53,514	$48,201
16	New York	$55,246	$54,119	$55,701	$53,568	$52,003
17	Rhode Island	$53,636	$53,966	$56,235	$54,124	$49,280
18	Illinois	$53,234	$53,341	$56,361	$55,062	$50,819
19	Vermont	$52,776	$52,664	$53,207	$51,731	$47,227
20	North Dakota	$51,704	$51,618	$52,104	$49,907	$51,622
	United States	$50,502	$50,221	$52,029	$50,740	$46,242 (2005) [9] PDF
21	Wisconsin	$50,395	$49,993	$52,094	$50,578	$48,874
22	Nebraska	$50,296	$49,520	$50,713	$48,576	$47,791
23	Pennsylvania	$50,228	$48,745	$50,958	$49,889	$46,729
24	Iowa	$49,427	$48,457	$50,169	$48,730	$45,485
25	Texas	$49,392	$48,259	$50,043	$47,548	$43,425
26	Kansas	$48,964	$48,044	$48,980	$47,292	$47,489
27	Nevada	$48,927	$47,827	$45,685	$43,753	$43,753
28	South Dakota	$48,321	$47,817	$50,177	$47,451	$44,264
29	Oregon	$46,816	$47,590	$50,861	$49,136	$46,841
30	Arizona	$46,709	$47,357	$49,693	$47,085	$48,126
31	Indiana	$46,438	$45,734	$46,581	$45,888	$45,040
32	Maine	$46,033	$45,424	$47,966	$47,448	$44,806
33	Georgia	$46,007	$45,395	$47,988	$46,597	$45,837
34	Michigan	$45,981	$45,255	$48,591	$47,950	$47,064
35	Ohio	$45,749	$45,229	$46,867	$45,114	$44,651
36	Missouri	$45,247	$45,043	$46,032	$43,424	$44,624
37	Florida	$44,299	$44,926	$47,576	$46,253	$46,395
38	Montana	$44,222	$44,736	$47,778	$47,804	$44,448
39	North Carolina	$43,916	$43,674	$46,549	$44,670	$42,061
40	Idaho	$43,341	$43,028	$43,508	$41,452	$40,827
41	Oklahoma	$43,225	$42,492	$43,733	$40,926	$37,943
42	South Carolina	$42,367	$42,442	$44,625	$43,329	$40,822
43	New Mexico	$41,963	$42,322	$43,654	$43,531	$38,629
44	Louisiana	$41,734	$41,725	$43,614	$42,367	$40,676
45	Tennessee	$41,693	$41,664	$42,822	$41,567	$40,001
46	Alabama	$41,415	$40,489	$42,666	$40,554	$38,473
47	Kentucky	$41,141	$40,072	$41,538	$40,267	$38,466
48	Arkansas	$38,758	$37,823	$38,815	$38,134	$37,420
49	West Virginia	$38,482	$37,435	$37,989	$37,060	$37,227
50	Mississippi	$36,919	$36,646	$37,790	$36,338	$35,261

States ranked by per capita income

Note: Data is from the State and County QuickFacts dataset from the US Census Bureau.^[1]

Rank	State	Per capita income	Median household income	Population	Number of households
	Washington, D.C.	$45,004	$64,267	633,427	261,192
1	Connecticut	$37,807	$69,519	3,591,765	1,360,184
2	Maryland	$36,056	$72,999	5,884,868	2,138,806
3	New Jersey	$35,928	$71,637	8,867,749	3,186,878
4	Massachusetts	$35,485	$66,658	6,645,303	2,525,694
5	Virginia	$33,326	$63,636	8,186,628	3,006,219
6	New Hampshire	$32,758	$64,925	1,321,617	516,845
7	Alaska	$32,537	$69,917	730,307	252,991
8	New York	$32,104	$57,683	19,576,125	7,230,896
9	Colorado	$31,039	$58,244	5,189,458	1,962,753
10	Washington	$30,661	$59,374	6,895,318	2,619,995
11	Minnesota	$30,656	$59,126	5,379,646	2,101,875
12	Rhode Island	$30,005	$56,102	1,050,304	410,639
13	Delaware	$29,733	$60,119	917,053	334,076
14	California	$29,551	$61,400	37,999,878	12,466,331
15	Illinois	$29,519	$56,853	12,868,192	4,774,275
16	Hawaii	$29,227	$67,492	1,390,090	447,453
17	Wyoming	$28,858	$56,573	576,626	221,479
18	Vermont	$28,846	$54,168	625,953	256,830
19	North Dakota	$28,700	$51,641	701,345	282,667
20	Pennsylvania	$28,190	$52,267	12,764,475	4,959,633
	United States	$28,051	$53,046	313,873,685	115,226,802
21	Wisconsin	$27,426	$52,627	5,724,554	2,286,339
22	Nevada	$27,003	$54,083	2,754,354	992,896
23	Kansas	$26,845	$51,273	2,885,398	1,109,391
24	Oregon	$26,702	$50,036	3,899,801	1,512,718
25	Iowa	$26,545	$51,129	3,075,039	1,223,509
26	Nebraska	$26,523	$51,381	1,855,350	721,026
27	Maine	$26,464	$48,219	1,328,501	553,208
28	Florida	$26,451	$47,309	19,320,749	7,147,013
29	Ohio	$25,857	$48,246	11,553,031	4,555,709
30	Texas	$25,809	$51,563	26,060,796	8,782,598
31	Arizona	$25,571	$50,256	6,551,149	2,357,158
32	South Dakota	$25,570	$49,091	834,047	320,467
33	Michigan	$25,547	$48,471	9,882,519	3,818,931
34	Missouri	$25,546	$47,333	6,024,522	2,358,270
35	Georgia	$25,309	$49,604	9,915,646	3,508,477
36	North Carolina	$25,285	$46,450	9,748,364	3,693,221
37	Montana	$25,002	$45,456	1,005,494	405,508
38	Indiana	$24,558	$48,374	6,537,782	2,478,846
39	Tennessee	$24,294	$44,140	6,454,914	2,468,841
40	Louisiana	$24,264	$44,673	4,602,134	1,696,499
41	Oklahoma	$24,046	$44,891	3,815,780	1,439,292
42	South Carolina	$23,906	$44,623	4,723,417	1,768,255
43	Utah	$23,794	$58,164	2,854,871	880,873
44	New Mexico	$23,749	$44,886	2,083,540	763,844
45	Alabama	$23,587	$43,160	4,817,528	1,837,576
46	Kentucky	$23,210	$42,610	4,379,730	1,691,716
47	Idaho	$22,581	$47,015	1,595,590	577,648
48	West Virginia	$22,482	$40,400	1,856,680	742,674
49	Arkansas	$22,007	$40,531	2,949,828	1,128,797
50	Mississippi	$20,670	$38,882	2,986,450	1,087,791

See also

Income in the United States
Affluence in the United States Household income in the United States Income inequality in the United States (Male–female disparity • Racial disparity) Personal income in the United States Social class in the United States
Income by:
State (localities by state • Income equality) County (highest | lowest) Metropolitan statistical area Place (highest | lowest) Urban areas ZIP Code Tabulation Area

• List of countries by average wage
• Highest-income places in the United States
• Highest-income counties in the United States
• Personal income in the United States
• Household income in the United States
• List of the poorest places in the United States
• Thank God for Mississippi

References

1. "State and County QuickFacts". U.S. Census Bureau. Retrieved 2014-02-24.

• HUD income breakout by state low/very low/extremely low income

UPDATE: Defense Contractors’ Profits Can Weather Military Budget Cuts 13AUG12 & Amid dire predictions, Sen. Mark Warner says defense industry shares blame for sequester 8FEB13

AS it seems we are going to actually experience sequestration, thanks to gop / tea-bagger obstructionism, the military-industrial complex's propaganda campaign is approaching hysteria, and the pentagon is throwing fuel on the fire by calling ships back to port, delaying their deployments, and warning that hundreds of thousands civilian military employees will be furloughed. Note they have not called for reductions in unnecessary weapons systems or cuts  defense contracts or endorsed the calls for excess profits taxes on defense contractors. Once Chuck Hagel is confirmed as Sec of Defense I think things are going to change, and this time those serving in the US Military and not the defense contractors will benefit. Check out my earlier post Excess-profits tax on defense contractors during wartime is long overdue 31DEZ12 http://bucknacktssordidtawdryblog.blogspot.com/2013/01/excess-profits-tax-on-defense.html
and this from ThinkProgress.....UPDATE! Sen Mark Warner D VA actually called out the military-industrial complex and actually accused them of being responsible for the sequester mess too! From the Washington Post.....

By Lawrence J. Korb, Robert Ward, and Alex Rothman

With sequestration set to happen in early 2013 if Congress fails to make a deal on deficit reduction, the defense industry has mobilized in a major way to stop the cuts to the Pentagon budget. The main thrust of the offensive has been a huge public relations campaign aimed at convincing Americans that the cuts would devastate defense contractors and the broader economy, causing the loss of about a million jobs. To be fair, the cuts that would be made under sequestration are far from trivial. But, when viewed in their proper historical context, they start to look much less threatening –- and the largest contractors appear to be well positioned to weather them.

The last ten years have seen massive growth in defense industry profits. In 2002, the combined profits of the five largest U.S.-based defense contractors were $2.4 billion (adjusted for inflation); by 2011, that figure had increased by a whopping 450 percent to $13.4 billion (according to net Income TTM data from ycharts.com for five largest U.S.-based defense contractors). This success applied both to companies with large civilian sections of their businesses and to those almost wholly dependent on defense funding. In short, the largest defense contractors have prospered to a degree that would have looked very unlikely just eleven or twelve years ago.

Unsurprisingly, this growth in profits has been fueled in part by massive increases in the U.S. defense spending. In the decade since 9/11, the total Department of Defense budget (PDF) increased by about 55 percent in real terms, from $460 billion in FY 2002 to $715 billion in FY 2011. And the portions of the budget most relevant to military contractors -– the money allocated to procurement and to Research, Development, Testing, and Evaluation –- kept pace, growing 55 percent from $139 billion in 2002 to $216 billion in 2011.

The defense industry has continued to enjoy this prosperity during a recession that has had a devastating effect on both businesses and families across the country. For example, median household income, a broad indicator of economic prosperity, was hit hard by the recession, with more than a decade of growth being wiped out between late 2007 and 2011. Defense profits dipped slightly at the recession’s start, but unlike household income, they rapidly recovered, rising over 40% between 2008 and 2011 and nearly returning to their 2007 peak.

Sources: U.S. Census Bureau, DaveManuel.com, Sentier Research

In other words: after ten years of exponential growth in profits, defense contractors are much better positioned to weather prospective budget cuts than they claim to be. And they are certainly in a better position to deal with the cuts than the millions of hardworking American families who would be impacted by domestic sequestration and its cuts to health care, education, child care, food stamps, and other programs.

This does not mean that defense sequestration is a good policy: the automatic, over-broad, and sudden cuts that it mandates are not a smart way to reduce defense spending. But against this historical backdrop, apocalyptic claims like those of House Armed Services Committee Chairman Buck McKeon, who has argued that sequestration would “cripple our economy and our defenses in a single blow,” look painfully exaggerated. Defense contractors seem to be in a good position to withstand the coming cuts, whether they come through sequestration or a Congressional deficit-reduction deal like that recommended by the Simpson-Bowles Commission. The defense industry can and should absorb its fair share of the spending reductions that will be necessary for this nation to get its fiscal house in order.

http://thinkprogress.org/security/2012/08/13/680481/defense-contractors-profits-cuts/

Amid dire predictions, Sen. Mark Warner says defense industry shares blame for sequester

By Ben Pershing and Lori Montgomery

As the Obama administration rolled out a fresh round of dire warnings about the impact of looming budget cuts, Sen. Mark R. Warner delivered a message of his own Friday to the defense industry: This is your fault, too.

The threat of automatic reductions to defense and domestic spending on March 1, known as the “sequester,” has prompted Democrats and Republicans to trade blame for the impasse.

At a Northern Virginia Technology Council breakfast in Reston with Warner and Sen. Timothy M. Kaine, the audience of local business executives let both Virginia Democrats know how concerned they were about the cuts and the ripple effect they would have.

But when Cord Sterling, a vice president at the Aerospace Industries Association, asked why it’s taken so long for Congress to get serious on the subject, Warner turned the tables.

Acknowledging that Congress had “muffed this thing” by not striking a bipartisan deficit-reduction deal, Warner said the defense and technology industries share some responsibility.

“Yeah, we ought to get 80, 90, whatever percent of the blame,” Warner said. “But you ought to take some of the blame, too. Because every time there’s been efforts to try to build a broader coalition, to say let’s go ahead and take this on and get out of our individual political foxholes and get out of our individual industry foxholes, most of y’all have said, ‘Well, I don’t want to piss off this guy or that guy or this chairman or that chairman.’ ”

Warner complained that many in the defense and technology communities had failed to support the Campaign to Fix the Debt, a nonpartisan group seeking to mobilize support for a debt deal.

When chief executives of many Fortune 500 companies came together to back the group, Warner said, “the thing that just blows my mind . . . the industry that was most absent from that list was the defense industry. . . . It would have been great if you’d been in the fight in more than an ‘attaboy’ way over the last couple of years.”

Sterling said he was “very surprised” by Warner’s remarks, as his group recognizes that defense spending needs to be part of the broader deficit-reduction solution.Sterling said he thought at least seven chief executives who belong to his group had signed on to the Campaign to Fix the Debt effort.

“To say that we are not participating in it, I would say the facts do not agree with the statement that he made,” Sterling said.

Warner’s remarks came as the White House offered new details about the sequester, which could push 70,000 children out of Head Start, eliminate 2,100 food inspections, yank research grants out of the hands of 12,000 scientists and students, and jeopardize the jobs of 1,000 federal law enforcement officials.

The sequester will require cuts equal to roughly 9 percent for domestic programs for the remainder of the fiscal year and roughly 13 percent for defense programs — “large and arbitrary cuts [that] will have severe impacts across government,” according to Danny Werfel, federal controller at the White House Office of Management and Budget.

In a briefing for reporters, Werfel and other administration officials also offered some nuggets of information about how the sequester might be implemented. Under the law, Werfel said, agency spending must be reduced by $85 billion by the end of the fiscal year on Sept. 30. And each agency will have to determine how to execute that reduction.

“In some cases, you’ll see immediate impacts. And in some cases, agencies will work out those changes to their programs and their structures over time,” Werfel said. “There’s no easy answer to say what the world is going to look like on March 2nd.”We just know that these impacts — while not all of them immediate — if we don’t take action, they will take place.”

Moreover, the sequester requires agencies to cut every account, subaccount, program, project and activity equally, which makes it difficult to avoid cuts to critical services.

“So, for example, FAA, they have to cut resources in a way that’s going to impact the air traffic controller workforce. There’s no way to basically say, well, we’ll move — we’ll try to take all the cuts in this area, like maintenance or custodial work,” Werfel said. “It’s not possible to do that.”

One thing that is clear is that agencies have yet to issue furlough notices, which means federal workers would not be sent home immediately if the sequester hits. Typically, Werfel said, agencies give workers 30 days notice before implementing a furlough.

Ultimately, however, hundreds of thousands of workers are likely to be affected, he said: “If we go past this date, there’s certainly — there’s no way to implement the sequester without significant furloughs of hundreds of thousands of federal employees.”

http://www.washingtonpost.com/politics/amid-dire-predictions-warner-says-defense-industry-shares-blame-for-sequester/2013/02/08/1b730860-7235-11e2-a050-b83a7b35c4b5_print.html