#1 South Dakota
ECONOMIC PROFILE
Governor: Dennis Daugaard (R)
Population: 833,354
GDP growth: 0.2 percent
Unemployment rate (May 2013): 4.0 percent
Top corporate rate: None
Top individual tax rate: None
Gasoline tax: 22 cents/gallon
Bond rating/outlook: No general obligation debt, but would be rated Aa2/Stable
Major private employers: IBP Hog Market Inc., Rapid City Regional Hospital, Sanford USD Medical Center, Citibank South Dakota NA, John Morrell & Co., Regional Health Physicians Inc., Avera, Larson Manufacturing Co., Tyson Fresh Meats, Walmart Supercenter
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)