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Honolulu dominates state economy, report says

Hawaii is one of 15 states where a single metropolitan area accounts for the majority of the economic output, according to a new study from the Brookings Institution.

The total of all goods and services produced in Honolulu was $49.13 billion in 2009, or 75.3 percent of the state’s total output, according to the report released today. The report contained some of the same data included a report released yesterday by the U.S. Bureau of Economic Analysis.

However, the Brookings report also looked at other measures of economic performance, like exports and innovation.

Honolulu’s exports totaled $2.4 billion in 2009, 70.1 percent of the state’s total, Brookings said.
The number of non-military workers employed in science and engineering jobs — categorized as “innovation” positions by Brookings — totaled 16,117 between 2005 and 2009, or 82.3 percent of the state total.

There were 220,426 people between the age of 25 and 64 with post-secondary degrees between 2005 and 2009, representing 73.2 percent of Hawaii as a whole.

Overall payroll employment in Honolulu totaled 495,600 in 2009, or 74.9 perent of the state total. Honolulu’s population of 907,574 represented 70.1 percent of the state total.

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