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Council on Revenues says personal incomes set to slightly increase for 2025
HPR: … Council member Carl Bonham said one of the reasons 2025 is seeing an increase is that the state started the year very strong.
“Hotels are adding workers, retailers are adding workers," Bonham said. "I think we're probably in the top five for year-over-year job growth in the whole country, which is kind of surprising, but if you look at the data for the last few months, the monthly changes have really — they’ve flattened out. So there was a surge in the year-over-year comparison as comparing to a weak start in 2024. So what I'm getting at is that we started off pretty strong, but I think we're heading for that slowdown.”
Tourism arrival numbers have been weak in June and July — although Oʻahu has seen an 8% increase in visitor spending.
Bonham added that nearly every labor sector in the state, besides civilian federal jobs, has been growing. Hospitality and health care have seen particularly large demand.
But when it comes to 2026, inflation is supposed to increase to 4.6%. It’s largely due to the tariffs imposed on imported goods.
That’s why, although the council is forecasting a 4.6% personal income increase for next year, it’s likely going to be offset by rising inflation rates….
PDF: August 1, 2025 Council On Revenues Report to Governor
VIDEO: SOH COUNCIL ON REVENUE 07.31.2025
PDF: Forecast of Total Personal Income For CY 2025-2026 Council On Revenues - July 31, 2025
Read … Council on Revenues says personal incomes set to slightly increase for 2025 | Hawai'i Public Radio
Hawaii public media face big cuts as CPB funding ends
SA: … The Corporation for Public Broadcasting will continue to support public broadcasters through a transition period that will end in January, said Patricia Harrison, its president and CEO, in a statement….
“CPB shutting down is a big deal,” Meredith Artley, HPR’s president and CEO, said in a statement Friday. “They have been a center of gravity for public media for decades. Prior to the recent rescission vote, we all shared CPB and federal funding in common. We don’t know the immediate impacts today, but those will surely come over time. This adds uncertainty in an already uncertain time.”
Locally, Hawaii Public Radio expects to lose at least $525,000 in CPB funding — about 6% of its annual budget — a figure that could rise with increased programming and infrastructure costs. Smaller neighbor island stations, such as Kauai Community Radio, face similar losses, with many public broadcasters across the state and country bracing for steep revenue shortfalls….
Public Broadcasting Service Hawaii, which also receives about 20% of its annual revenue from CPB grants, is facing a similar crisis.
Ron Mizutani, president and CEO of PBS Hawaii, described the television station’s funding loss as a “significant turning point” but stressed resolve rather than panic…
KHON: Corporation for Public Broadcasting to close
Read … Hawaii public media face big cuts as CPB funding ends | Honolulu Star-Advertiser
Slow progress for city and state climate lawsuits this week
ASD: … Suits against fossil fuel companies went to court this week, but no trial dates in sight ….
Read … Slow progress for city and state climate lawsuits this week
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