The 25th state in the union, Arkansas has a population of roughly 2,800,000. Nicknamed The Natural State. Arkansas' largest business sector is the food products industry, followed by lumber and wood products. Arkansas is a major producer of rice, cotton, soybeans and chicken. Mining is another important industry: Murfreesboro, Arkansas, has the only active diamond mine in the U.S. In 2002, there were 209,010 businesses in Arkansas; about 23 percent of those were women-owned. In the near future, Arkansas is predicted to remain strong in the goods and services industries, along with manufacturing, education and health services and trade, transportation and utilities.