America's Top States For Business 2013

#50 Hawaii

Waikiki Beach in Oahu, Hawaii.
Tomas Del Amo | Getty Images
Waikiki Beach in Oahu, Hawaii.
2013 Rank
2012 Rank
Cost of Doing Business 94 48 50
Workforce 101 45 35
Quality of Life 272 1 2
Infrastructure & Transportation 66 50 49
Economy 185 41 41
Education 59 40 39
Technology & Innovation 81 45 45
Business Friendliness 59 40 37
Cost of Living 1 50 50
Access to Capital 6 39 39
Overall 924 50 49


Governor: Neil Abercrombie (D)

Population: 1,392,313

GDP growth: 1.6 percent

Unemployment rate (May 2013): 4.7 percent

Top corporate rate: 6.4 percent

Top individual tax rate: 11 percent

Gasoline tax: 48.7 cents/gallon

Bond rating/outlook: Aa2/Stable

Major pivate employers: Altres Medical, Kapiolani Medical Center, Kyo-Ya Co. Ltd., Queen's Medical Center, Hawaii Health Systems Corporation, Bank of Hawaii, St. Francis Healthcare System, Aeko Kula Inc., Towne Realty of Hawaii, Kaiser Permanente Medical

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 (most recent senior-most tax-backed ratings), National Governors Association, Tax Foundation (2013), U.S. Census Bureau (2012 estimate)

Top States For Business 2013

From the Governors


  • South Dakota is the winner of the annual "America's Top States for Business" study. CNBC's Scott Cohn reports on the state's economy and its stunning views.

  • CNBC's Scott Cohn reveals how other states fared when it came to their workforce, including a look at education level, retraining programs and union membership.

  • The cost of doing business was one of the key reasons the Mount Rushmore State captured the top ranking as the best state for business, reports CNBC's Scott Cohn.