The state of Hawaii received an “F” for the manufacturing, logistics, global reach and productivity and innovation sectors of the economy, in a report by Ball State’s Center for Business and Economic Research.
Those grades were unchanged from last year, but Hawaii’s expected fiscal liability gap improved from an “F” to a “D-” according to CBER Director Michael Hicks. The change moved the state out of the “extremely dangerous future tax liability rankings. Overall, manufacturing in Hawaii will remain modest,” the report said.
Hawaii’s tax climate grade improved to a “C+,” up from a “C” in last year’s report.