Economic Profile
Governor: Larry Hogan, Republican
Population: 5,976,407
GDP growth: 0.8 percent
Unemployment rate (May 2015): 5.3 percent
Top corporate tax rate: 8.25 percent
Top individual income tax rate: 5.75 percent
Gasoline tax: 48 cents/gallon
Bond rating/outlook: Aaa/stable
Major private employer: Giant Food LLC.
Economic profile sources: Federation of Tax Administrators, American Petroleum Institute, Moody's Investor Service, Bureau of Economic Analysis, Bureau of Labor Statistics, Maryland Dept of Business and Economic Development, Maryland FY 2014 CAFR
