#37 South Carolina
ECONOMIC PROFILE
Governor: Nikki Haley (R)
Population: 4,625,364
GDP (2009 per capita): $30,845
Unemployment rate (May 2011): 10.0 percent
Foreclosure rate (May 2011): One per 730 households
Budget gap (projected 2012): $877 million
Corporate tax rate: 5.0 percent (4.5 percent for financial institutions)
Largest employers: Blue Cross & Blue Shield, BMW Manufacturing, Michelin North America
Sources: US Government, RealtyTrac, Center on Budget & Policy Priorities, Federation of Tax Administrators, Alaska Department of Labor and Workforce Development