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Economic Profile
Governor: Kay Ivey, Republican
Population: 4,887,871
GDP growth (Q4 2018): 2.1%
Unemployment rate (May 2019): 3.7%
Top corporate tax rate: 6.5%
Top individual income tax rate: 5%
Gasoline tax: 21.21 cents/gallon
Bond rating: (Moody's/S&P): Aa1, stable/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
