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America's Top States For Business 2013

#50 Hawaii

Waikiki Beach in Oahu, Hawaii.
Tomas Del Amo | Getty Images
Waikiki Beach in Oahu, Hawaii.
Category
Score
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

ECONOMIC PROFILE

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

Video

  • South Dakota, More Than Just Gorgeous Views

    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.

  • Ranking America's Workforces

    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.

  • Why South Dakota is Top State for Business

    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.