Getty Images
Economic Profile
Governor: Greg Abbott, Republican
Population: 28,701,845
GDP growth (Q4 2018): 6.6%
Unemployment rate (May 2019): 3.5%
Top corporate tax rate: None (levies a gross receipts tax)
Top individual income tax rate: None
Gasoline tax: 20 cents/gallon
Bond rating (Moody's/S&P): Aaa, stable/AAA, stable
Major private employers: H-E-B Super Market Chain, Exxon Mobil
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
