10 Worst States for Business 2013: Slideshow

Number 2 Number 4

No. 43Hawaii

Hawaii is the 43rd Best State for Business 2013

Taxations & Regulations

Workforce Quality

Living Environment

Based on CEO Survey by ChiefExecutive.net

Key Metrics
State GDP 

  • % Growth ’10-’11: -0.2
  • % Growth ’10-’11 v. Nat’l Avg. (1.5%): -1.7


  • Unemployment Rate Dec. 2012 %: 5.1
  • Comparison with Nat’l Rate (7.80%): -2.7

Domestic Migration

  • Domestic Net Migration ’10-’11: -2,320
  • Rank: 33

State Government

  • Debt per Capita Fiscal Year ’10 ($): 5,682
  • State & Local Gov’t Employees per 10k Residents: 559.8

State-Local Tax Burden

  • Rate (%): 7.9
  • Compared to Nat’l Avg. (9.9%): -1.93
Key Companies
  • Hawaiian Electric Industries Inc.
  • Cyanotec Corp
  • Alexander & Baldwin
  • Hawaiian Holding
Development Trend Indicator: Neutral
Court struck down costly sick-leave law but replacement measure is unclear.
CEO Comments
“California and Hawaii are very overtaxed and have a political environment that is only making it worse. Business is very difficult in both states and increasing regulations making it nearly impossible yet they always demand more taxes.”

Bureau of Economic Analysis
Bureau of Labor Statistics
The Tax Foundation

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