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Wednesday, July 12, 2017
CNBC: Hawaii 2nd-Worst State for Business
By Selected News Articles @ 9:57 AM :: 4734 Views :: Hawaii Statistics, Small Business

America's 10 worst states for business in 2017

From CNBC, July 12, 2017 (excerpts)

We rank all 50 states in our annual America's Top States for Business study, so if there are going to be top states, there must also be bottom states. We know that every state — regardless of its rank — offers its own unique business advantages. But based on our methodology, these states don't offer the broad appeal that it takes to be a top state. Be sure to check out the full Top States for business ranking to see how your state did. These 10 states bring up the rear this year….


Remember when we said that you get what you pay for? We need to qualify that. The most expensive costs in the nation do buy you the best quality of life, but they don't do much for Hawaii's business climate. Hawaii has one of the lowest-ranked workforces, with a heavy union presence and a limited supply due to low unemployment. While some of Hawaii's disadvantages are beyond its control due to the state's location, others, like the regulatory regime and the roads, are not.

Overall score: 998 out of 2,500 points

Worst categories: Cost of Doing Business (No. 50), Cost of Living (No. 50)

Best categories: Quality of Life (No. 1), Education (No. 30)

2016 rank: No. 49

Hawaii (Detailed Rankings)

  • OVERALL -- 49th
  • Workforce -- 48th
  • Infra-structure -- 40th
  • Cost of Doing Business -- 50th
  • Economy -- 35th
  • Quality of Life – 1st
  • Technology and Innovation -- 45th
  • Education -- 30th
  • Business Friendliness -- 47th
  • Access to Capital – 41st
  • Cost of Living -- 50th

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