Survey: Hawaii near the bottom of US states for business
HONOLULU - (HawaiiNewsNow) - Hawaii comes in low, 48th in a new CNBC ranking of America's top states for business. With input from the National Association of Manufacturers, they worked up ten categories to measure, weighting the ones mentioned most frequently in the state's own economic development marketing materials. Number one overall was Texas. Last place was Alaska.
The top five overall were Texas, Virginia, Colorado, North Carolina and Massachusetts. Texas was first for economic health, Virginia was second for business friendliness, a category where Delaware came in first.
Massachusetts came in first for education, second for access to capital, and third for innovation. California came in first for access to capital but still came in only thirty-second overall. Iowa, ranked first for cost of business, came in sixth overall.
Hawaii was first in the nation, but only for quality of life. Our state ranked fortieth or worse on everything else, dropping us to 48 overall.
Here's where Hawaii ranked in all the different rankings:
Cost of doing business: 1. Iowa 49. Hawaii 50. New York
Workforce 1. Florida 50. Hawaii
Quality of life 1. Hawaii 50. Louisiana
Economy 1. Texas 22. Hawaii 49. Nevada and Rhode Island
Transportation 1. Texas 49. Hawaii 50. Alaska
Technology and innovation 1. California 43. Hawaii 50. Wyoming
Education 1. Massachusetts 38. Hawaii 50. Nevada
Business friendliness 1. Delaware 42. Hawaii 50. West Virginia
Access to capital 1. California 32. Hawaii 40. Ten states tied for last place
Cost of living 1. Oklahoma and Tennessee 49. California and Hawaii
Photo source: Jutka T. Emoke Barabas via Connect Now
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Saturday, July 22 2017 3:23 AM EDT2017-07-22 07:23:51 GMT
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