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 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 Metrics

State GDP

Unemployment

Domestic Migration

State Government

State-Local Tax Burden

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.”

Sources:
Bureau of Economic Analysis
Bureau of Labor Statistics
NewGeography.com
The Tax Foundation

J.P. Donlon

J.P. Donlon is Editor Emeritus of Chief Executive magazine.