George Kavallines | CNBC
Economic Profile
Governor: Kay Ivey, Republican
Population: 4,863,300
GDP growth (Q4 2016): 2.2
Unemployment rate (May 2017): 4.9 percent
Top corporate tax rate: 6.5 percent
Top individual income tax rate: 5 percent
Gasoline tax: 23 cents/gallon
Bond rating/outlook (Moody's, S&P): Aa1, AA stable
Major private employers: Wal-Mart, Regions Bank, Vulcan Materials Company
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
