Economy

... Hawaii is still in a state of emergency, tourism has slowed, businesses are closing and unemployment is high. The economy will take years to recover ....

... When compared to September 2019, statewide ADR was higher in September 2021 but RevPAR was lower due to less occupancy ....

... Hawaii 46th, Nevada 14th ....

... how could we be in this situation again? .... 

... the real unemployment rate in August might be around 6% higher than reported ....

"... we are in for a period of weakness before growth resumes late in the year. The end to federal fiscal support will weigh on recovery going forward, and a full return to pre-pandemic conditions remains several years down the road ...."

... progress toward economic recovery has been largely due to the distribution of the vaccine and yet highly vaccinated Hawaii still finds a way to lag ....

... DBEDT revised its economic growth projection for 2021 to 2.7 percent, down from  3.5 percent ....

... The $30,000 gift from one of Hawaii's most important foundations marks an "exciting development" in the history of the institute ....

... Hawaii Unemployment Rates Are Bouncing Back Least ....

... Statewide 595,300 were employed and 52,150 unemployed in May ....

... State taxes a major driver of the exodus ....

... States Hurt the Most by the European Travel Ban -- Hawaii 5th ....

... Hawaii is struggling with the highest unemployment rate in the country, at 9% ....

... DBEDT revised its economic growth projection for 2021 to 3.5 percent, up from 2.7 percent ....

... total employment in Hawaii declined by 10% between 2016 and 2021 ....

... losing the state’s best and brightest to opportunities elsewhere ....

"...fraudulent applications may be referred to law enforcement....”

... Earnings, which mostly reflect wages and other employee compensation, fell in Hawaii by 7.7% ....

... During the Great Recession, local economies that diversified, tapping into new ideas and innovations, proved to be more resilient than the cities that stuck to their old tricks ....

... As business activity contracted, the state quickly shed more than 150,000 jobs, and the unemployment rate jumped from 2% to 22% ....

... The state where people are most likely to face an expected loss of employment income is Hawaii, at 26.5% ....

... Today, the White House released state-by-state fact sheets (crony dreambooks) that highlight the (allegedly) urgent need in every state across the country for the investments (pork projects) proposed by President Biden in the American Jobs Plan ....

... Hawaii lags the nation’s economic momentum by an astonishing 5.14% ....

... BEA -- Gross Domestic Product by State, 4th Quarter 2020 and Annual 2020 ....

... Keli’i Akina says House members should have aimed to pay off more debt instead of go on a record-breaking spending spree ....

... Hawaii and California had the highest jobless rates in January, at 10.2% and 9.0%, respectively. At the far end of the spectrum, South Dakota and Utah had the lowest rates, each at 3.1% ....

... Statewide, 588,050 were employed and 67,000 unemployed in January for a total seasonally adjusted labor force of 655,050 ....

... Hawaii and Nevada (both up 4.1 percentage points) logged the largest annual increase in overall delinquency rates ....

... Under the American Rescue Plan Act, states would receive $195.3 billion in aid, divided according to each state’s share of national unemployed workers ....

... 1,126 Hawaiʻi business owners share their feedback ....

... Falling virus counts and vaccination progress set the stage for a strengthening visitor industry recovery ....

...DBEDT estimates that Hawaii’s real GDP fell by approximately 7.5 percent in 2020, a smaller decline than the 11.7 percent contraction forecast in the previous quarter....

... Hawaii has seen two of it’s top three economic “pillars” collapse over the past two decades ....

"... At the Legislature, committee hearings have begun in earnest and it doesn’t seem at all like we are in an economic crisis ...."

... but not so much with Corona Virus rates ....

... Honolulu ranks 92nd in STEM-friendliness, 97th in Professional Opportunities, and dead last in STEM wages ....

... House speaker calls Ige’s State of the State address ‘risk averse’ ....

... UHERO second quarterly survey of rental property owners and managers ....

... SWOT Analysis and Action Plan Identify Challenges and Opportunities for Economic Growth ....

... Hawaii's economy was in trouble before the coronavirus lockdowns ....

... I don’t know about you, but I’m ready for a fresh start ....

... Hawaii’s population has been declining over the past four years ....

... Magic Money from the Sky: Hawaii Getting $1.7B from New COVID 'Stimulus' ....

... If only it were possible to fill a stocking with economic freedom and leave lots of new jobs under the tree .... 

... steps state officials could take to turn things around ....

... The number of people leaving in fiscal 2020 was almost 5 times what local economic researchers were predicting just weeks ago ....

...more free money from the sky....

... Hawaii ranks 25th ....

... DHHL has extended the postponement of mortgage loan payments for all DHHL direct loans and loans assigned to the Department for an additional three-month period, through March 31, 2021 ....