America’s Top States for Business 2022: The full rankings
JUL 13, 2022, CNBC.com
To rank America’s Top States for Business in 2022, CNBC scored all 50 states on 88 metrics in 10 broad categories of competitiveness. Each category is weighted based on how frequently states use them as a selling point in economic development marketing materials. That way, our study ranks the states based on the attributes they use to sell themselves. We developed our criteria and metrics in consultation with a diverse array of business and policy experts, and the states. Our study is not an opinion survey. We use data from a variety of sources to measure the states’ performance. Under our methodology, states can earn a maximum of 2,500 points. The states with the most are America’s Top States for Business....
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OVERALL RANK
|
46 |
| STATE |
Hawaii |
| WORKFORCE |
19 |
| INFRA-STRUCTURE |
39 |
| COST OF DOING BUSINESS |
50 |
| ECONOMY |
48 |
| LIFE, HEALTH & INCLUSION |
3 |
| TECHNOLOGY & INNOVATION |
40 |
| BUSINESS FRIENDLINESS |
35 |
| EDUCATION |
38 |
| ACCESS TO CAPITAL |
49 |
| COST OF LIVING |
50 |
read … Full Report
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HAWAII SCORE AND RANKING
46. Hawaii -- Economic Profile
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Governor: David Ige, Democrat
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Population: 1,441,553
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GDP growth (Q1 2022): -3.5%
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Unemployment rate (May 2022): 4.2%
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Top corporate tax rate: 6.4%
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Top individual income tax rate: 11%
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Gasoline tax: 51.69 cents/gallon
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Bond rating: (Moody’s/S&P): Aa2, positive/AA+, stable
Economic profile sources: U.S. Census Bureau, U.S. Bureau of Economic Analysis, U.S. Bureau of Labor Statistics, Federation of Tax Administrators, American Petroleum Institute (excluding 18.40 cent/gallon federal tax), Moody’s Investor Service, S&P Global Market Intelligence
Hawaii Scores and Rankings
| CATEGORY |
2022 SCORE |
2022 RANK |
2021 RANK |
2022 GRADE |
| WORKFORCE |
229 |
19 |
18 |
C+ |
| INFRASTRUCTURE |
165 |
39 |
39 |
D |
| COST OF DOING BUSINESS |
41 |
50 |
50 |
F |
| ECONOMY |
102 |
48 |
49 |
F |
| LIFE, HEALTH & INCLUSION |
262 |
3 |
2 |
A- |
| TECHNOLOGY & INNOVATION |
89 |
40 |
41 |
D- |
| BUSINESS FRIENDLINESS |
84 |
35 |
36 |
D |
| EDUCATION |
74 |
38 |
31 |
C- |
| ACCESS TO CAPITAL |
8 |
49 |
41 |
F |
| COST OF LIVING |
1 |
50 |
50 |
F |
| OVERALL |
1055 |
46 |
49 |
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CNBC July 15, 2022: These are the states with America’s worst infrastructure
10. (tie) Hawaii
Hawaii may be a paradise, but its remote location does it no favors as a connection to the rest of the nation and the world. There is nothing the Aloha State can do to change that, and most Hawaiians would not want to. But some parts of the infrastructure that it can control, like roads and bridges, are inhospitable at best.
- 2022 Infrastructure score: 165 out of 380 points (Top States Grade: D)
- U.S. population within 500 miles: 1,277,250
- Bridges in poor condition: 7%
- Roads in unacceptable condition: 39%
- Broadband access: 54.1%
- Power outages per year: 2 hours
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