#11 Iowa
ECONOMIC PROFILE
Governor: Terry Branstad (R)
Population: 3,074,186
GDP growth: 2.4 percent
Unemployment rate (May 2013): 4.6 percent
Top corporate rate: 12 percent
Top individual tax rate: 8.98 percent
Gasoline tax: 22 cents/gallon
Bond rating/outlook: Aaa/Stable
Major private employers: Principal Financial Group Inc., University of Iowa Health Care, Rockwell Collins Inc., Iowa State University, Blank Children's Hospital, Mercy Medical Center, Genesis Medical Center, Pella Corp, Transamerica Life Insurance Co., CRST International Inc., Financial Markets Group
Economic profile sources: American Petroleum Institute (April 2013), Bureau of Economic Analysis (2012), Bureau of Labor Statistics (May 2013 release), CareerOneStop, Moody's Investors Service (senior-most tax-backed ratings), National Governors Association, Tax Foundation (2013), U.S. Census Bureau (2012 estimate)