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Economic Profile
Governor: Tim Walz, Democrat
Population: 5,611,179
GDP growth (Q4 2018): 1.1%
Unemployment rate (May 2019): 3.3%
Top corporate tax rate: 9.8%
Top individual income tax rate: 9.85%
Gasoline tax: 28.60 cents/gallon
Bond rating (Moody's/S&P): Aa1, stable/AAA, stable
Major private employers: Mayo Clinic, UnitedHealth Group
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
