Honolulu Star-Advertiser

Wednesday, December 11, 2024 81° Today's Paper


BusinessTop News

Hawaii among worst states for business

CRAIG GIMA / CGIMA@STARADVERTISER.COM
Taxes were among the factors that caused Hawaii to be ranked low as a place to do business in a recent survey.

Hawaii slipped a notch to 44th place in the latest Chief Executive magazine ranking of the Best and Worst States for Business.

Some 511 CEOs around the country completed the survey resulting in the list, ranking taxes and regulations, workforce quality, and living environment, the latter of which includes factors such as quality of education, cost of living, affordable housing, social amenities and crime rates.

States worse than Hawaii, according to the magazine, are Connecticut (45) Massachusetts (46), New Jersey (47), Illinois (48), New York (49), and in last place, California.

For the 11th consecutive year, Texas won the top ranking.

Florida’s second place finish also is a repeat, while N. Carolina rose to third from fourth, Tennessee slipped to fourth from third, and Georgia jumped up to fifth from tenth place last year.

Hawaii’s business climate perennially ranks poorly on such lists created by general and specialty publications.

http://808ne.ws/StatesForBizChfExec

Comments are closed.