#12 North Carolina
ECONOMIC PROFILE
Governor: Pat McCrory (R)
Population: 9,752,073
GDP growth: 2.7 percent
Unemployment rate (May 2013): 8.8 percent
Top corporate rate: 6.9 percent
Top individual tax rate: 7.75 percent
Gasoline tax: 37.8 cents/gallon
Bond rating/outlook: Aaa/Stable (multiple)
Major private employers: Merrill Lynch & Co., Nortel Networks Corp., Wake Forest University Baptist Medical Center, Moses H. Cone Memorial Hospital, Mission Hospitals, Novant Health Forsyth Medical Center, Smithfield Packing Co. Inc.,US Airways, Vidant Medical Center, Babcock & Wilcox Co., Bank of America Corp, East Carolina University, Garinger Transportation, University of North Carolina Hospitals
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)
