Hawaii, 49th State for Business
Hawaii (49)
https://www.cnbc.com/2019/07/09/top-states-for-business-virginia.html
(Virginia was ranked #1)
It’s no wonder this state is known as the Paradise of the Pacific, but everyday life—and business—can be outrageously expensive.
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Economic Profile
Governor: David Ige, Democrat
Population: 1,420,491
GDP growth (Q4 2018): 1.1%
Unemployment rate (May 2019): 2.8%
Top corporate tax rate: 6.4%
Top individual income tax rate: 11%
Gasoline tax: 46.76 cents/gallon
Bond rating: (Moody’s/S&P): Aa1, stable/AA+, stable
Major private employers: Bank of Hawaii, Corp., Hawaiian Electric Industries Inc.
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
