This morning, the Star-Advertiser reported that Hawaii has made yet another list of worst states for businesses. This time, the list was compiled by the American Economic Development Institute (AEDI) and Pollina Corporate Real Estate, Inc. In this list, Hawaii was ranked as the 10th worst state (41 out of 50) for doing business. The Advertiser also noted that the AEDI study examined 32 factors over which “states have control, relative to becoming pro-business.” (The AEDI website did not expound on what 32 factors were examined for this study.)
This unfavorable ranking for Hawaii is probably not a surprise for a lot of people. After all, Hawaii has consistently ranked poorly on similar studies and lists. For example, last year, ChiefExecutive.Net (and Chief Executive magazine) ranked Hawaii as the 10th worst state for doing business. Similarly, Entrepreneur.com also noted that Hawaii ranked at the bottom of the list in a study conducted by Thumbtack.com’s Small Business Survey. Thumbtack.com gave Hawaii a failing grade of “F” for doing business.
I realize this blog entry is different from the types of entries I usually write, but I wanted to highlight Hawaii’s poor rankings in “worst states for business” type studies in light of the fact that we are currently at the end of another legislative session. This year, many of the anti-employer bills already died, but there is still some pending legislation that would have an adverse impact on businesses, such as bills dealing with (1) successor employers and (2) the minimum wage. (For further discussion on pending legislation, please see this blog post here: HEC Legislative Digest Updated.)
Therefore, this blog post is a call-to-action for businesses to remind their legislators that Hawaii has consistently ranked among the worst states for businesses, and that we cannot afford further legislation that would hamper the ability of businesses to operate in Hawaii. When businesses cannot prosper, the economy is adversely affected. Interestingly, an announcement by AEDI on their website noted that nine of the worst states all have high budget deficits for fiscal year 2013, and that Hawaii had a budget deficit of $500 million.
If you want to get in touch with your legislature about any issues pertaining to the 2013 legislative session, you can find their phone numbers and email addresses here: Legislative Directory.
You can view the original article on the AEDI website here: AEDI Ranks Hawaii 41 out of 50 For Doing Business.