{"id":20903,"date":"2021-05-01T10:10:10","date_gmt":"2021-05-01T10:10:10","guid":{"rendered":"https:\/\/boostsuite.com\/?page_id=20903"},"modified":"2023-07-02T22:02:14","modified_gmt":"2023-07-02T22:02:14","slug":"hawaii","status":"publish","type":"page","link":"https:\/\/boostsuite.com\/small-business-statistics\/hawaii\/","title":{"rendered":"14 Fascinating Hawaii Small Business Statistics"},"content":{"rendered":"\n
Before achieving statehood in 1959, Hawaii\u2019s economy was dependent on the export of sugarcane, sandalwood, pineapple, and whaling. However, over time, the tourism industry has grown to be the largest industry in the state. Over 10 million non-Hawaiians visited Hawaii in 2018, generating $2.08 billion worth of revenue, $133.1 million more than 2017.<\/p>\n\n\n\n
Hawaii also has the second-highest tax burden in the US after New York. This contributes to higher commodity prices and an unfair business climate. <\/p>\n\n\n\n
No one feels the brunt of this situation more than small business (SMB) owners who, combined with a high cost of living, are struggling to eke out a living on the islands of Aloha.<\/p>\n\n\n\n
Here is a list of small business statistics from Hawaii:<\/p>\n\n\n\n