#5 Virginia (TIE)
ECONOMIC PROFILE
Governor: Bob McDonnell (R)
Population: 8,185,867
GDP growth: 1.1 percent
Unemployment rate (May 2013): 5.3 percent
Top corporate tax rate: 6 percent
Top individual tax rate: 5.75 percent
Gasoline taxes/fees: 20 cents
Bond rating/outlook: Aaa/Negative
Major private employers: Heart & Vascular Institute, Huntington Ingalls Industries, University of Virginia, Lab Corp., Newport News Shipbuilding, VCU Health System, Inova Health System, Philip Morris USA, Kings Dominion, University of Virginia Health Systems
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)
