Economic Profile
Governor: Phil Bryant, Republican
Population: 2,988,726
GDP growth (Q4 2016): 0.1 percent
Unemployment rate (May 2017): 4.9 percent
Top corporate tax rate: 5 percent
Top individual income tax rate: 5 percent
Gasoline tax: 18.79 cents/gallon
Bond rating/outlook (Moody's, S&P): Aa2, AA negative
Major private employers: Nissan North America, EastGroup Properties
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