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Thursday, June 12, 2014

Productivity and Innovation: Hawaii Stuck on ‘F’

By News Release @ 4:31 PM :: 8425 Views
 

From 2014 Manufacturing and Logistics Report published by the Center for Business and Economic Research, Ball State Univ, Muncie, Indiana.

The 2014 Manufacturing and Logistics Report shows how each state ranks among its peers in several areas of the economy that underlie the success of manufacturing and logistics.

These specific measures include the health of the manufacturing and logistics industries, the state of human capital, the cost of worker benefits, diversification of the industries, state-level productivity and innovation, expected fiscal liability, the state tax climate, and global reach.


2014 National Report Card (PDF)

About the Grades

The categories in this report were chosen as those most likely to be considered by site selection experts for manufacturing and logistics firms, and by the prevailing economic research on growth.

Each category included multiple variables for each state that were aggregated and then ranked 1st through 50th, with 1st being the most desirable. Within each category, the lowest aggregate score assigned provided the overall rank. Grades were assigned A through F using a normal distribution of grades commonly known as a bell curve.  Plus and minus scores were not assigned to A or F grades

LINK: 2014 Manufacturing and Logistics Report

LINK: About Hawaii

Hawaii has a population of 1,374,810. The manufacturing industry is 1.3% of the state economy. The total personal income in Hawaii is $59,189,985,000 and earnings from manufacturing total $786,571,000.

Hawaii

Click on a category to view state performance in that category

  2014 2013 2012 2011 2010 2009
Manufacturing Industry Health F F F F F F
Logistics Industry Health F F F F F D-
Human Capital C C C C D+ B+
Worker Benefit Costs D C B B B- C
Tax Climate C+ C C B B B
Expected Liability Gap D- F D n/a n/a n/a
Global Reach F F F F F D-
Sector Diversification C- C C C- C n/a
Productivity and Innovation F F F C- C- A

  *   *   *   *   *

2013: Productivity and Innovation: Hawaii Tumbles from ‘A’ to ‘F’

2012: Hawaii Scores 'F' For Logistics Industry Health

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