Economic Profile
Governor: Henry McMaster, Republican
Population: 4,961,119
GDP growth (Q4 2016): 1.4 percent
Unemployment rate (May 2017): 4.1 percent
Top corporate tax rate: 5 percent
Top individual income tax rate: 7 percent
Gasoline tax: 16.75 cents/gallon
Bond rating/outlook (Moody's, S&P): Aaa, AA+ stable
Major private employers: Bi-Lo, SCANA
Economic profile sources: U.S. Census Bureau, U.S. Bureau of Economic Analysis, U.S. Bureau of Labor Statistics, Federation of Tax Administrators, American Petroleum Institute (excluding 18.40 cent/gallon federal tax), Moody's Investor Service, S&P Global Market Intelligence