Economy of Vermont

Mining is an important sector in the economy of the state of Vermont. It is the largest producer of slate in the nation.
Agriculture, machinery, textiles, food -processing, and cottage industries constitute the majority of the economy of Vermont. The gross domestic product of the state in 2010 stood at $26,400 million while the per capita income was $40,283. The state had an unemployment rate of 6.2 percent in 2010.
Agriculture and dairy farming are significant in the state's economy. Agriculture contributes about twelve percent to the economy. The major agricultural products include apples, cheese, sweet corn, maple syrup, greenhouse and nursery products. Mining is also important with stone, asbestos, granite, limestone, sand and gravel being the major minerals. Vermont is the largest producer of slate in the United States.

Manufacturing is the largest sector in Vermont. IBM is the largest employer employing more than 6,800 workers. It contributes over $1 billion to the state annually.
Health services are important. Fletcher Allen Health Care was the second-largest employer of people in the state in 2008.

GDP	$26,400 million in 2010
Per Capita Income	$40,283 in 2010
Unemployment Rate	6.2% in 2010
Major Sectors	Agriculture, forestry, fishing, manufacturing, utilities, education, transportation
Major Industries	Tourism, finance, insurance, real estate, quarrying, mining

Finance, insurance and real estate services group contribute to the economy. Burlington is the major financial center of Vermont. Tourism is an important sector. Burke Mountain Ski Area, Jay Peak, Bolton Valley, Smugglers' Notch, Okemo, Killington Ski Resort, Mad River Glen, Sugarbush, Stratton, Suicide Six, Mount Snow and Bromley are the major attractions.

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